HISTORICAL BUY-SIDE MANDATES

Listed below are Blue River’s historical acquisition projects.

 

MANUFACTURING:

Custom Chemical Manufacturer – Private Equity-backed leading custom chemical manufacturer looking to acquire growth-driven manufacturers and suppliers providing products or technology to the Agriculture, Horticulture, and Turf & Ornamental industries. Seeking healthy companies focused on profitable growth. Preference for businesses offering products and new technologies in areas such as Adjuvants, Bio-stimulants, Micronutrient, Nutrient Efficiency, Fertilizers. Geography: western U.S. Revenue: Ideally $5MM – $20MM.

Plastic and Rubber-based Contract Manufacturer – Large Midwest based PE Firm looking to acquire add-ons for a portfolio company in the engineered molded products space, specifically in Micro, Metal Injection, Liquid Silicone Rubber, Dip, Injection, Extrusion, Compression and Transfer Molding as well as Thermoforming in the following preferred end markets: Medical, Aerospace & Defense, Electrical, Fortune 500. Geography: North America, especially Pacific Northwest and Southeast (worldwide sales).

Precision Machining Manufacturer – Large Midwest Private Equity Firm looking to acquire add-ons for a leading CNC machining & fabrication company. Seeking firms with clearly differentiated CNC capabilities (i.e., capabilities beyond vanilla turning or 3-axis milling) and manufacturing highly precision components in the U.S. with particular interest in NC, SC, FL, GA, AZ, TX, CT, MA, MN, WI, CA and WA. Preferred end markets: Aerospace & Defense, Space, Medical, Telecom, Industrial Automation, Robotics and other growing niche markets. Revenue: between $3MM and $10MM (sweet spot $4MM – $8MM), EBITDA min. $500k.

Human Hygiene Industry – Midwest based Private Investment Group looking to acquire add-ons for a hand hygiene platform company. Of particular interest are infection / hygiene control products, services or technologies in the following end markets: Food Processing. Location in the U.S., Canada or Europe; min. EBITDA: $500k.

Medical Device Manufacturing – Global pioneer in polymer technology and innovator in the energy materials, industrial tapes, environmental solutions, optronics, and life science markets is looking to expand by acquiring medical device manufacturers (niche manufacturing with complex solutions preferred). Headquartered in the Americas, revenues of $50MM-$500MM.

Human Hygiene Industry – Midwest based Private Investment Group looking to acquire add-ons for a hand hygiene platform company. Of particular interest are infection / hygiene control products, services or technologies in the following end markets: Food Processing. Location in the U.S., Canada or Europe; min. EBITDA: $500k.

Plastic and Rubber-based Contract Manufacturer – Large Midwest based PE Firm looking to acquire add-ons for a portfolio company in the engineered molded products space, specifically in Micro, Metal Injection, Liquid Silicone Rubber, Dip, Injection, Extrusion, Compression and Transfer Molding as well as Thermoforming in the following preferred end markets: Medical, Aerospace & Defense, Electrical, Fortune 500. Geography: North America, especially Pacific Northwest and Southeast (worldwide sales).

Precision Machining Manufacturer – Large Midwest Private Equity Firm looking to acquire add-ons for a leading CNC machining & fabrication company. Seeking firms with clearly differentiated CNC capabilities (i.e., capabilities beyond vanilla turning or 3-axis milling) and manufacturing highly precision components in the U.S. with particular interest in NC, SC, FL, GA, AZ, TX, CT, MA, MN, WI, CA and WA. Preferred end markets: Aerospace & Defense, Space, Medical, Telecom, Industrial Automation, Robotics and other growing niche markets. Revenue: between $3MM and $10MM (sweet spot $4MM – $8MM), EBITDA min. $500k.

Engineering Solutions & Controls Manufacturing – Large Midwest Private Equity Group looking to acquire synergistic add-on’s for a new portfolio company; a premier supplier of electrical system components to the heating, ventilation and air conditioning (HVAC) market, as well as other industrial end markets. Looking for companies that operate in the OEM and aftermarket distribution space, serving (but not limited to) the following industries- HVAC, Refrigeration, Irrigation, Welding, Water Heating, Pool & Spa, and Vehicle Charging. Location in North America and EBITDA of at least $500k.

Process Equipment / Controls – Privately owned holding company serving the global plastics-processing, waste recycling, and industrial heat-transfer markets, looking to acquire companies which design and manufacture powder and bulk material handling equipment and process cooling technology.  Key end markets of interest include food processing, chemical, pharmaceuticals and agriculture. Location in U.S. with Revenue between $5-50MM.

Metals Forming – Midwest based Private Equity Group sponsoring a seasoned executive looking to acquire specialty metal forming companies, metal parts and components via CNC machining (milling, turning, grinding, etc.), EDM and ECM machining, stamping, net shape forging, and related material removal and shaping technologies. A particular focus on non-ferrous metals such as aluminum, titanium, copper, brass, bronze, molybdenum, nickel, specialty stainless steel, lead, kovar and inconel.  Of significant interest are companies serving the Medical, Electronics, Aerospace, Defense and Telecommunications industries. Location in the eastern corridor of the U.S. with EBITDA of at least $2MM.

VMS Manufacturing/Distribution – Large Private Equity Group, with $2.4 billion in committed capital working with seasoned industry veterans, looking to make a platform investment in a strong, growth-driven company in the vitamin, minerals and supplements (VMS) industry.  Of significant interest are contract manufacturing, distribution and multi-level marketing VMS companies.  Location in U.S. or Canada with EBITDA of at least $3MM.

Test and Measurement Product Manufacturing/Services – Private Equity sponsored global science and technology centered company and leader in design and manufacturing of critical safety related test and measurement systems looking to expand their offerings and footprint. Target markets include Sensors, Safety Testing Equipment, Data Acquisition Systems, Life Sciences & Diagnostics and, Finite Element Analysis and other companies providing safety products and services. Location global. Revenue of any size but prefer larger companies with EBITDA of at least $3MM. Location in U.S., Canada or Europe.

Fluid Management Product and Services Company – Large private Equity firm with over $5B in capital under management looking to acquire companies that produce or provide service around fluid management.  Thesis is broad but example could include companies such as boiler & water heater manufacturing; fluids, lubricants and other liquid chemical producers; wastewater, water treatment and environmental production and consulting; and fluid related valve and fittings companies.  Location in U.S. or Canada. EBITDA of between $1MM – 25MM.

Food Equipment Manufacturing – Large diversified public holding company with over $23B in assets looking to acquire large businesses providing essential products and services.  The client has a particular interest in family run and non-institutionally held equipment manufacturing businesses serving the food industry.  Location in U.S. or Canada.  EBITDA of at least $10MM.

Precision Components – Private Equity sponsored manufacturer and distributor of precision machined components for agricultural and industrial equipment markets looking to grow in either inside existing segments or outside to diversify industry base. Location in U.S. or Canada.  Revenue of at least $5MM and EBITDA of at least $1MM.

Rail Product Manufacturing/Services – Large diversified public holding company with over $23B in assets looking to acquire large businesses providing essential products and services.  The client has a particular interest in family run and non-institutionally held businesses serving the rail industry.  Location in U.S. or Canada.  EBITDA of at least $10MM.

Precision Plastics and Advanced Materials Manufacturing – Eastern US-based Private Equity Company seeking add-on acquisitions for its platform investment in precision plastics and advanced materials manufacturing.  End markets of highest interest include medical, aerospace and defense.  Location, U.S. and Canada.  Revenue between $5MM-50MM.

Specialized Chemical Manufacturers – Private Equity Client seeks North American companies with the following attributes: Specialized chemical manufacturers and/or distributors with defendable niche. EBITDA between $3-$15MM.

Manufacturing Companies – Private Family Client seeks Southeastern Michigan companies with the following attributes: Manufacturers of non-automotive products – specifically excluding job shop operations. Revenue between $2-15MM and profitable.

Others:

• Add-on search.
• Platform search, Minimum of $2M EBITDA
• Platform search, Minimum of $2M EBITDA
• Filter manufacturing platform search, Minimum of $2M EBITD

Business Services:

Global Services For Industrial Facilities – Leading global services specialist focused on industrial facilities looking to acquire service providers focused on Predictive Maintenance, Smart Factory Data analysis, collection and application. Also seeking Mechanical and Electrical Installation firms, Automation Systems Integrators and Programmers. Ideally, targets sell into discrete manufacturing facilities with high customer retention rates. Attributes: discrete manufacturing, ownership to stay, high retention rates, track record of growth. Preferred Geography: US and Canada. Prefer at least 10MM in annual revenues.

Financial Technology And Embedded Finance – Special purpose acquisition company (SPAC) focused on high growth targets in both the U.S. and international markets, to help facilitate partnership opportunities. Acquirer intends to focus efforts on identifying high growth, U.S. and international acquisition targets in the financial technology (“FinTech”) and Embedded Finance sectors. They intend to capitalize on the ability of their sponsor team to identify, acquire and advise a business that can benefit from their founders’ management expertise and disciplined approach to capital allocation and investment oversight.

Commercial Accounts Receivable Management Services – Large Private Equity Group looking to acquire synergistic add-on companies for a new portfolio company in the commercial debt collection sector. Seeking companies in the insurance market that focus on (but not limited to) 1st and 3rd party collections, premium and deductible debt collection, subrogation recovery. Location in U.S. 

Industrial Maintenance Services – Private Equity-backed provider of industrial maintenance services is looking to acquire growth-driven companies specializing in Corrosion Prevention, and other related industrial maintenance services.

Desired core services: Coating Services, Corrosion Prevention, Leak Detection employing new technologies such as infrared camera, Emissions Monitoring utilizing new technologies, Well Plugging of oil and gas wells, Industrial Painting, Horizontal Drilling, Scaffoldings.

Seeking strong businesses with Min 2MM In Revenue and $200K-5MM in EBITDA. Geography: preferably Pennsylvania, Ohio, West Virginia, southern Michigan, and Eastern Indiana.

Underground Infrastructure Services – Northeast based Private Equity Firm looking to acquire non-union company that offers pipe and structure cleaning and restoration in the water, sewer and processing plants space. Location in the U.S. (mainly Southeast, Texas, Gulf States, Midwest, Mid-Atlantic) with min. EBITDA of $4MM.

Power Equipment and Maintenance Services – Large Midwest Private Equity Firm looking to acquire add-ons for a portfolio company that offers power solutions including uninterrupted power supply (UPS) equipment, backup generators, DC Plants, PDU’s etc. Looking for companies who offer generator services and electrical switchgear services in the following industries: Healthcare, Data Centers, Government/Military, Banking, Telecom. Location in the U.S.; revenue of at least $3MM and EBITDA of at least $500K.

Specialized Welding and Maintenance Services – Florida based Private Equity Group looking to acquire add-on companies (union and non-union) for a portfolio company in the specialized welding metal overlay, digester repair and maintenance sector. Preferred end markets / service offerings: Pulp & Paper, Power Generation, Steel, Waste Treatment, Refining, Heavy Industrial, Niche Businesses, Weld Overlay, Specialty Coatings, Piping, Electrical, Scaffolding, Industrial Cleaning. Location in the U.S. or Canada with revenues of $3MM to $30MM.

Home Maintenance Franchise Platform – Large international retailer of home maintenance, repair and improvement products and services is looking to expand their Franchise platform in Electrical and HVAC services with at least $1MM of EBITDA. Midwest locations strongly desired, also interested in US-based locations.

Commercial Accounts Receivable Management Services – Large Private Equity Group looking to acquire synergistic add-on companies for a new portfolio company in the commercial debt collection sector. Seeking companies in the insurance market that focus on (but not limited to) 1st and 3rd party collections, premium and deductible debt collection, subrogation recovery. Location in U.S.

Commercial Real Estate Appraisal and Assessment – National Commercial Real Estate Services firm looking to acquire additional market leaders in US geography with a focus on valuation and assessment as well as specialties in the following segments: Health Care/Hospital/Assisted Living, Retirement Facilities, Mobile Home Properties, Entertainment/Hospitality/Resort Properties, Marinas, Convenience Stores/Petro/Fuel.  Additionally seeking to add new service offerings in Asset Management, Environmental Engineering / Assessment, Construction Monitoring, Tax Appeal, and others.

Global Franchise Platform – Large Midwest Private Equity Firm looking to acquire franchises providing commercial based services to add to their current global franchise platform. Area’s of interest include (but are not limited to) commercial cleaning, outsourced administrative services, security, safety and surveillance, handyman services, payroll and accounting services. EBITDA must be at least $1MM and located in the U.S. or Canada.

BPO Services/Medical Billing: Healthcare Industry – Southeast Private Equity Firm has partnered with industry experts who currently own a compliance and audit services consulting company for DME, home health agencies, long term care facilities, practitioners and insurance companies looking to acquire add-on investments in medical billing and other complementary BPO services.  Seeking revenue of $5MM or greater based in United States.  Preference for location east of the Mississippi.

Medical Device Maintenance and Repair – Midwest Private Equity Firm looking to acquire platform investment in medical device service and repair-based business.  Revenues of at least $8MM. 

Full-service Integrator of Automated Applications – Industrial automation system solution provider headquartered in Kentucky looking to acquire North American-based companies serving the following industries: Manufacturing, Baggage Handling, Warehousing & Distribution, Automotive. Revenue of $10-50MM with strong EBITDA.

Commercial Landscaping – Leading full-service provider of landscape design, installation, enhancement, and maintenance services for commercial properties and high-end residential estates, backed by a Midwest Private Equity Firm and looking to expand their footprint. Located in the Southeast, they are looking for other commercial landscape companies in their similar geography to expand their customer base. Revenue must be between $2 and $25MM.

Financial Services – Private Equity Group located in the Southeast looking to make strategic add-on acquisitions to their platform in the banking services industry. They are looking for companies in the ATM and Cash-In-Transit service industry, focusing on ATM repairs, Armored Car services, Maintenance services, and Cash Replenishment services. Companies must service customers with a minimum of 30 branch locations, be located east of the Mississippi, and have at least $2MM in revenue.

Education and Training – Private Equity Group located in the Midwest looking to acquire a platform investment in education and training services.  Of particular interest includes corporate training and development, early childhood education.  Particular interest in franchise models .  Location U.S. with EBITDA of at least $2MM.

Engineering – Full-service engineering, design, and product development company looking to acquire companies involved in product development, modeling and simulation, manufacturing engineering, quality engineering, design and build of specialized machines and automated assembly equipment. Location in Great Lakes region. Revenue of at least $2MM.

Large Safety Testing Company seeks companies performing safety testing for personnel in military setting, e.g., crash or explosion testing on soldiers or airmen. Location in the U.S.. Revenues of $5 – $100MM and profitable.

Others:

• Business Services platform search. Minimum of $2M EBITDA

Distribution:

Industrial Cleaning & Maintenance Supplies – Industry-leading Midwest based cleaning and maintenance products supplier is looking to expand by acquiring janitorial and cleaning supply distributors, equipment rental companies, and other industrial product and service providers in that space. Location in the U.S.

Paint and Coatings Products & Equipment Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the Automotive, Industrial and Architectural paint products & equipment distribution sector. Of particular interest are similar companies supplying into the Automotive sector. Companies selling into the Commercial/Industrial sectors are also of interest. Location in U.S. or Canada with revenue of at least $3MM.

Packaging / Labeling Service – Florida based Private Equity Group looking to acquire add-on companies for a portfolio company in the packaging / labeling manufacturer and distribution sector. Of particular interest are suppliers of boxes, flexible packaging, labels and thermal transfer ribbons in OK, TX, AR, LA and surrounding geography. End market focus: Pharma, Food and Beverage, Cosmetics, Healthcare and Beauty Products, Other Consumer Product, Industrial Categories with revenue of min. $3MM, EBITDA of min. $500k.

Water Treatment Testing Products – Private Equity-backed Strategic Buyer looking to acquire synergistic add-on acquisitions in the value-added distribution and manufacturing of water treatment testing products. Of high interest are companies serving the industrial water treatment, food and beverage and environmental end markets. Seeking opportunities with companies producing at least $5MM in annual revenues.

Packaging / Labeling Service – Florida based Private Equity Group looking to acquire add-on companies for a portfolio company in the packaging / labeling manufacturer and distribution sector. Of particular interest are suppliers of boxes, flexible packaging, labels and thermal transfer ribbons in OK, TX, AR, LA and surrounding geography. End market focus: Pharma, Food and Beverage, Cosmetics, Healthcare and Beauty Products, Other Consumer Product, Industrial Categories with revenue of min. $3MM, EBITDA of min. $500k.

Industrial Cleaning & Maintenance Supplies – Industry-leading Midwest based cleaning and maintenance products supplier is looking to expand by acquiring janitorial and cleaning supply distributors, equipment rental companies, and other industrial product and service providers in that space. Location in the U.S.

Specialty Equipment, Restoration & Surface Preparation Equipment Distribution – Industry leading specialty contracting consumables and equipment distributor with Private Equity sponsorship is looking to acquire synergistic add-on companies. Of particular interest are companies supplying to specialty contractors in concrete surface preparation and finishing equipment and supplies, and disaster restoration equipment and supplies. Companies selling into adjacent markets including Weatherproofing, Environmental Remediation, Floor Care, Metal surface prep, Demolition markets are of interest. Location in U.S. and Canada with preference for annual revenues of at least $10MM with at least $1MM of EBITDA.

Power Transmission Components and Bearings Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the transmission and bearing distribution sector. Of particular interest are companies offering products like Drives, Brakes, Bushings, Clutches, Controls, Couplings & U-Joints, Gears, Linear Motion Devices, Motors, Seals. Industry focus: Food/Beverage, Bulk Materials, Chemical, Unit Handling, Steel, but also other specialty markets. Location in U.S., Canada, Mexico with revenue between $3MM – $75MM+ and EBITDA of approx. $500k – $15MM.

Dental Products Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the dental products distribution sector.  Of particular interest are similar companies supplying to dentists with a focus on general, ortho, pediatric, oral surgery, DSO or Government Specialty sub-segments.  Companies selling into specialty and adjacent markets are also of interest. Location in U.S. with revenue of at least $3MM and EBITDA / operating income in excess of $500k.

Raw Materials Distribution – Large Midwest Private Equity Firm looking to acquire add-ons for a new portfolio company, an e-commerce distributor of raw materials used to make soap, lotion, and cosmetics. Looking for companies with a variety of product groups including scents and flavors, packaging, soap and skincare bases, additives and ingredients, colors, and molds. Location in the U.S. or Canada and revenue of at least $3MM.

Refrigerated Warehouse and Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the Refrigerated Warehouse and Distribution sector.  Of particular interest are companies supplying wine, spirits and specialty products to restaurants and retailers.  Location in U.S. with an affinity for larger metro areas.  New Jersey/New York and Chicago of particular interest.  Revenues of $5MM-30MM.

Tile and Stone Distribution – Large Private Equity Group, backing a seasoned industry veteran, looking to make a platform investment in a Tile and Stone distributor with multiple locations in major metropolitan areas and strong vendor relationships. Location preference is SE, SW or MW but will consider strong candidates anywhere in the U.S. or Canada. EBITDA of at least $3MM.

Industrial Distribution – Private Equity Group looking to make a platform investment in a value-added industrial distributor. The distributor should focus on one or more of the following sectors: Welding Supplies, Conveyor and other Material Handling Supplies, Hose and Fittings Supplies, Battery Supplies and Solutions. Value-Add services preferred, including but not limited to kitting and custom packaging, training, etc.  Location in U.S. or Canada. EBITDA of at least $3MM.

Agricultural Distribution – Privately held manufacturer and distributor of wheels, tires and assemblies for agricultural applications, looking to increase its national footprint by acquiring significant companies serving agricultural communities in key locations. Of interest are companies that sell and service agricultural tires among other products and services.  Also of interest are businesses that offer unique products and / or service large scale agricultural equipment.  Location preference is MW but will consider strong candidates anywhere in the U.S. or Canada. Revenue of at least $3MM.

Infrastructure Rental & Service Company – Private Equity sponsored Infrastructure Rental & Service Company looking to expand its product offerings, rental lines and geographic presence.  Interested in companies offering products and rental equipment related to infrastructure service and maintenance and those serving the municipal and industrial markets.  Location in the western U.S.. Revenues of $500K – $50MM.

Coffee Roasting/Distribution – Private Equity sponsored Coffee Roaster & Distributor looking to expand its operations by acquiring strategically aligned coffee roasting, distribution or related equipment businesses that offer opportunities for revenue enhancement. Location in the U.S. Revenues between $2-60MM.

Safety Product Distribution – Private Equity sponsored distributor of Industrial Safety, Health and Environmental Products and Services, looking to acquire strategically aligned safety product, service and consulting companies. Principle target markets include: Confined Space, Environmental, Gas Monitoring, Industrial Hygiene, Respiratory and Safety Equipment. Location in U.S. or Canada. EBITDA of at least $1.0MM.

Steel Distribution – Private Equity sponsored Steel Broker / Distributor looking to expand its operations by acquiring strategically aligned metal traders/brokers/distributors of carbon, stainless or other types of metals focused on prime (new) pipe, fittings or flanges that offer opportunities for revenue enhancement.  Location in the U.S.. Revenue of $5-50MM with positive cash flow.

Food Distribution Company – Private Equity Client seeks North American companies with the following attributes: Consumer products; in particular food distribution. EBITDA between $2-10MM.

Steel Distribution – Privately held Steel Distributor of tubing, rounds and bars looking to expand its operations by acquiring strategically aligned steel distribution, fabricating or related businesses that offer opportunities for revenue enhancement. Companies distributing tube, bar, rod, pipe, square, etc. (not flat roll) and/or exotic metals, such as, stainless steel, titanium, nickel are of interest. Location in the U.S. Would also consider a Machine Shop or Fabricator located in Wisconsin.  Revenues between $2-25MM.

Hunting/Outdoor Products Companies – Private Equity Client seeks North American companies with the following attributes: Manufacturers and/or distributors within the hunting and outdoor industries. EBITDA between $1.5-7MM.

Coffee Roasting / Distribution – Private Equity Client seeks North American companies with the following attributes: coffee roasters and/or distributors. Minimum of $5M EBITDA.

 

Others:

• Medical supply platform search, Minimum of $5M EBITDA.
• Safety Product Distribution platform search, Minimum of $4M EBITDA.
• Add-on search.
• Medical product distribution platform search, Minimum of $2M EBITDA.

Software / Technology:

Educational Content Solutions – Midwest based Private Equity Firm looking to acquire add-ons for a new portfolio company, a provider of custom course materials for Higher Ed & K-12. Of particular interest are companies who own existing education content or create that content and have the ability to provide digital or print services in specialized markets such as laboratory science and other aspects of STEM. Seeking U.S.-based companies with annual revenues of at least $5MM and EBITDA of at least $1MM.

Specialized IT Consulting Services – Midwest based Private Equity Firm partnering with a seasoned executive, currently seeking to invest in strong, growth-driven specialized consulting services companies in the IT sector. Of particular interest are areas such as cyber security, digitization services, industry/technology domain specific implementations, remediation services, and data management. Location in the United States and EBITDA of at least $5MM.

Workforce Management Software – Midwest based Private Equity Firm seeking acquisition opportunities to broaden offerings for a platform company in the workforce management and safety arena. Of particular interest are companies with a digital product, an established SaaS offering, and multi-year contracts.  Specific complements to current offerings include but are not limited to: Document Management Tracking, Knowledge Base/Content in the areas of Workforce Development and Simulation/Augmented Reality, and Performance Improvement. Companies must be located in the U.S. and have revenue between $4 and $15MM.

Packaged Software Company – West Coast-based Private Equity investor with deep experience in Software and Information Technology investments looking to acquire additional subscription-based/SaaS companies throughout the US and Canada.  End market served is flexible but company needs to have cloud-based deployment with a highly recurring (vs. project-based) revenue model.  Revenue between $3MM-15MM with EBITDA greater than $1MM.

Industrial Automation – Large private Equity firm, investing out of their newly raised 9^th fund with $750MM in capital, looking to acquire companies that provide solutions and services that collect, store, disseminate, process, and utilize the information and data being created; broadly defined as industrial automation or tech-enabled services companies.  Of particular interest are software companies in the WMS, MES and/or Supply Chain/Logistics areas.  Location in U.S. or Canada with EBITDA of at least $5MM.

PLM Value Added Reseller – Midwest-based Value Added Reseller (VAR) of Product Lifecycle Management (PLM) Software looking to acquire other PLM VARs with strong software reselling revenue streams.  Company is looking to expand both geographically as well as add additional software capabilities.  Location in North America.  Revenue of at least $1MM.

Fluid Management Software/Technology – Large private Equity firm with over $5B in capital under management looking to acquire companies that provide software or technology around fluid management. Examples include flow monitoring that help improve efficiency and provide actionably insights and fluid related software/technology companies with a subscription or maintenance component.  Location in U.S. or Canada. EBITDA of between $1-25MM.

Others:

• IT Storage companies platform search, Minimum of $4M EBITDA.

Healthcare:

Vitamin, Mineral, Supplement Company (VMS) – Large Private Equity Group, backing a seasoned industry team, looking to make a platform investment in a VMS company.  Of significant interest are contract manufacturing, distribution and multi-level marketing VMS companies.  Company could be located anywhere in North America. EBITDA of at least $3MM.

Clinical Research Organization (CRO) – Full service privately held Canadian-based CRO with a global footprint and strong academic affiliations looking to acquire U.S.-based CRO’s with well-established organizations, with which strategic alignment can be realized.  Location in the U.S. Revenues between $10-$50MM.

Obesity Related Products or Services – Longstanding Private Equity Group looking to acquire an Obesity Related Products or Services company as a platform investment.  The company could include nutraceuticals, surgical implements (i.e. bariatric), at-home health due to offshoot diagnoses of diabetes, blood pressure, weight loss clinics, etc.  Location in U.S. or Canada.  Revenue of $20MM plus and EBITDA of at least $3.5MM.

Prosthetics/Medical Device manufacturer – Private Equity sponsored global science and technology centered company and leader in design and manufacturing of critical safety related test and measurement systems looking to expand their offerings. Target markets include manufacturers of prosthetics or medical devices, such as, knee and/or hip replacements. Revenue between $3-75M. Location in U.S., Canada or Europe.

Revenue Cycle Management – Large Private Equity firm looking to acquire a Revenue Cycle Management company in the US or Canada.  Revenue of $20MM plus and EBITDA of at least $3.5MM.

Medical Device Manufacturing – Longstanding Private Equity Group seeking to acquire a medical device manufacturer as a new platform investment.  Areas of interest include home health equipment, surgical instruments and monitoring equipment.  EBITDA of at least $4MM.

Clinical Research Organization (CRO) – Privately held US-based CRO looking to acquire companies with the following attributes: Pharmaceutical clinical research support, such as, CROs, patient recruitment or medical translations. Location in the U.S. Revenues between $3-15MM.

Others:        

• Medical supply platform search, Minimum of $5M EBITDA. (included above)
• Medical product distribution platform search, Minimum of $2M EBITDA.

Energy:

Power Equipment and Maintenance Services – Large Midwest Private Equity Firm looking to acquire add-ons for a portfolio company that offers power solutions including uninterrupted power supply (UPS) equipment, backup generators, DC Plants, PDU’s etc. Looking for companies who offer generator services and electrical switchgear services in the following industries: Healthcare, Data Centers, Government/Military, Banking, Telecom. Location in the U.S.; revenue of at least $3MM and EBITDA of at least $500K.

Industrial and Commercial Propane – Family owned and operated Propane Distribution company looking to acquire propane and related companies located in the Midwest and surrounding areas.  Prefer companies with greater than 500K gallons sold per year.

Oilfield and Natural Gas (Upstream) Services – Private Equity-Owned Oil and Gas Upstream Services Provider seeking to acquire other drilling and snubbing service providers in the US, primarily in the principal oil and gas regions.  Revenues between $5MM-40MM.

Utilities Infrastructure – Large Private Equity Group looking to acquire Utilities Infrastructure Companies.  Areas of significant interest include companies involved with Transmission Line Construction and companies involved with Water Supply & Irrigation Systems.  Location in U.S. or Canada.  Revenues between $20-200MM and EBITDA of at least $4MM.

Building Energy Management – Large Private Equity Group looking to build a national business by investing in three types of Energy Management Companies whose services are synergistic:  supply consultants who procure energy, building automation vendors with retrofit capabilities, and curtailment providers who monetize electricity reductions.  Location U.S. Major Metropolitan Areas.  Revenue of $4-$50MM and positive cash flow.

Oilfield Services Equipment and Tooling – Private Equity Company looking to acquire Oilfield Services Company with rental operations.  Location U.S. or Canada.  Revenue between $10MM-$100MM.

Multi-Industry:

HVAC & Electrical Home Services – Large international retailer of home maintenance, repair and improvement products and services, is looking to partner with an operator in the Residential HVAC maintenance and repair and Electrical services industry, with a vision to establish and lead a national expansion. Seeking operators with at least $2MM of EBITDA. Location: All of US.

Specialized Tax Advisory – Leading private equity group seeking a platform investment in a strong, growth-driven specialized tax consulting services firm, emphasizing R&D tax credit services. Additionally, they are interested in investing in firms providing other tax credit and incentive offerings such as WOTC, property tax consulting, sales and use tax audits, energy efficiency tax credits, and cost segregation studies. Seeking businesses with annual revenues of at least $10MM and 20%+ profit margins, with history of consistent and profitable growth. Geography: US and Canada.

GP-led Secondary Investments – Niche lower middle market GP-led secondary private equity firm seeking to partner with independent sponsors, managers of mature funds, mezzanine lenders/SBIC funds. Strategy allows flexibility for firm’s investors to provide full or partial liquidity; options designed to deliver attractive returns for investors, today; dry powder for growth and acquisitions; a new pool of carried interest; and other benefits. Seeking investments of at least $10MM with significant flexibility in terms of designing win-win deal structure to maximize a number of situations.

Industry-agnostic – Midwest based Private Investment Group sponsoring a seasoned executive looking to acquire a scalable company in a number of industries where professional background is of value.  Operator has significant experience in manufacturing, technology, automation, distribution and other sectors.  Seeking an opportunity where owner is looking to transition daily operations.  Ideal scenario for a company that may be distressed or simply needing professionalization and help in scaling.  Seeking companies located in the greater Pittsburgh area with at least $1MM in EBITDA.

Fluid Management Product and Services – Large private Equity firm with over $5B in capital under management looking to acquire companies that produce or provide service around fluid management.  Thesis is broad but example could include companies such as boiler & water heater manufacturing; fluids, lubricants and other liquid chemical producers; wastewater, water treatment and environmental production and consulting; and fluid related valve and fittings companies.  Location in U.S. or Canada. EBITDA of between $1-25MM.

Founder and Family Owned Businesses – Large diversified public holding company with over $23B in assets looking to acquire long-standing businesses with founder or multi-generational family ownership. When the financial needs of retiring generations meet with the employment and ownership needs for later generations, our client excels in delivering optimal solutions. Locations in the U.S. or Canada. EBITDA of at least $15MM.

Michigan Based Business – Long established Private Equity firm seeks Michigan-based companies or companies willing to relocate to Michigan with the following attributes: Industry leader; capable management; and organic and acquisitive growth opportunities. Averse to automotive and construction.  EBITDA between $3-$20MM.

Underperforming Companies – Private Equity Client seeks North American companies with the following attributes: Underperforming, in transition, experiencing performance challenges or in need of balance sheet restructuring. Revenue between $10-$150MM.