Balmoral Funds Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Balmoral Funds has acquired 2 companies.

Balmoral Funds’ most common sectors for investment aremachinery (14%) and manufacturing (14%) . The Firm’s most common investment types include secondary buyout (27%) and buyout (lbo, mbo, mbi) (20%). In total, Balmoral Funds has invested in 10 US states.

In the last 3 years, Balmoral Funds has exited 2 companies. The Firm’s most common exit type is trade sale (34%).

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M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity15
    • M&A Sell Activity6
  • Total Sectors Invested 10
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Balmoral Funds

11150 Santa Monica Boulevard, Suite 825,
Los Angeles, California 90025
United States
(310) 473-3065
www.balmoralfunds.com
info@balmoralfunds.com

Balmoral Funds is a private equity firm which targets recapitalizations, special situations, and acquisitions of small and middle-market companies. Typical investment candidates are located in the US or Canada, undergoing operational challenges with up to $400 million of revenue. Sectors of interest include manufacturing, business services, consumer products, retail, and value-added distribution. The Firm's target investment size is $5 to $40 million. Balmoral Funds was established in 2005 and is based in Los Angeles, California.


Investment Criteria

Sectors of Interest: Business Services, Consumer Products, Distribution, Manufacturing, Retail

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Special Situations/Distressed

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - 400
Target EBITDA - -
Investment Size 5 40
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # 13 - 2 - - - 15
Sell (0.6/yr) # 3 1 - 2 - - 6
  21

Most Recent M&A

Company Date Value Type
KP Aviation LLC 2023-07-06 - Unknown
Mesa, Arizona · www.kpaviation.net
Enesco LLC 2023-01-06 - Add-on Acquisition
Itasca, Illinois · www.enesco.com
Trecora Resources, Inc. 2022-06-27 - Going Private
Sugar Land, Texas · www.trecora.com
Resco Products, Inc. 2022-03-08 - Secondary Buyout
Pittsburgh, Pennsylvania · www.rescoproducts.com
VESTA Modular LLC 2021-01-04 - Secondary Buyout
Southfield, Michigan · www.vestamodular.com
KP Aviation LLC 2019-05-01 - Growth Capital
Mesa, Arizona · www.kpaviation.net
VESTA Modular LLC 2018-11-16 - Secondary Buyout
Southfield, Michigan · www.vestamodular.com
Mooyah Franchise LLC 2017-05-03 - Buyout (LBO, MBO, MBI)
Frisco, Texas · www.mooyah.com
AgileX Supply Chain LLC 2017-03-09 - Buyout (LBO, MBO, MBI)
Lyndhurst, New Jersey · www.agilexsc.com
GlobalOptions Services, Inc. 2016-03-11 - Merger
Orlando, Florida · 5955 T.G. Lee Boulevard. Suite 600
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Aerospace 1 (11%) - 2 (13%) -
Business Services 1 (11%) - 2 (13%) -
Machinery - - 2 (13%) -
Manufacturing 2 (22%) - 2 (13%) -
Transportation 2 (22%) - 2 (13%) -
Chemicals 1 (11%) - 1 (7%) -
Construction - - 1 (7%) -
Distribution - - 1 (7%) -
Electronics 1 (11%) - 1 (7%) -
Restaurants 1 (11%) - 1 (7%) -
Total 9 - 15 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 9 (100%) - 15 (100%) -
  Florida 2 (22%) - 4 (27%) -
  Texas 2 (22%) - 3 (20%) -
  Pennsylvania 1 (11%) - 1 (7%) -
  New Jersey 1 (11%) - 1 (7%) -
  Indiana 1 (11%) - 1 (7%) -
  Colorado 1 (11%) - 1 (7%) -
  California 1 (11%) - 1 (7%) -
  Michigan - - 1 (7%) -
  Illinois - - 1 (7%) -
  Arizona - - 1 (7%) -
Total 9 - 15 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout 2 (22%) - 4 (27%) -
Buyout (LBO, MBO, MBI) 2 (22%) - 3 (20%) -
Divestiture 1 (11%) - 2 (13%) -
Growth Capital 1 (11%) - 2 (13%) -
Special Situations/Distressed 2 (22%) - 2 (13%) -
Acquisition Financing - - 1 (7%) -
Going Private 1 (11%) - 1 (7%) -
Total 9 - 15 -

Exits by Deal Type

Type Total # Value
Trade Sale 2 (33%) -
Merger 1 (17%) -
Secondary Sale 1 (17%) -
Trade Sale - Public Company 1 (17%) -
Unknown 1 (17%) -
Total 6 -

Top M&A Advisors

Financial Deals
Piper Sandler & Co.
1
Legal Deals
Blank Rome LLP
1
Greenberg Traurig LLP
1

M&A Connections

Deals
Acquired from
Investor(s)
33%
5 (33%)
Exited to
Investor(s)
17%
1 (17%)
Strategic(s)
50%
3 (50%)

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