Castanea Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

Castanea Partners’ most common sectors for investment areconsumer products (37%) and apparel/textiles (17%) . The Firm’s most common investment types include growth capital (54%) and buyout (lbo, mbo, mbi) (34%). In total, Castanea Partners has invested in 13 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2004 when it acquired Decision Resources for $58M.

In the last 3 years, Castanea Partners has exited 2 companies. The Firm’s most common exit type is trade sale (53%). Castanea Partners’ largest (disclosed) exit occurred in 2010 when it sold Medley Global Advisors for $563M.

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M&A Summary

  • M&A Total Activity53
    • M&A Buy Activity30
    • M&A Sell Activity23
  • Total Sectors Invested 11
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 19
  • M&A Advisors 3

Castanea Partners

Castanea Partners, Inc.

3 Executive Park Drive, Suite 304,
Newton, Massachusetts 02462
United States
(617) 630-2400
www.castaneapartners.com
info@castaneapartners.com

Castanea Partners is a private equity firm that targets investments in established, small to mid-sized companies valued up to $250 million. The Firm looks for businesses with strong management and significant competitive advantages. Sectors of interest include publishing, information services, education/training, consumer brands, specialty retail, and marketing services. Castanea prefers control investment situations and looks to commit between $15 and $150 million per transaction. Castanea Partners was formed in 2001 and is based in Newton, Massachusetts.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Beverages, Business Services, Communications, Consumer Products, Consumer Services, Education, Financial Services, Food, Healthcare Services, Life Science, Marketing, Publishing, Restaurants, Retail, Utilities

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization

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

Transaction Criteria Min Max
Target Revenue 10 150
Target EBITDA - -
Investment Size 15 150
Enterprise Value - 250
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 30 - - - - - 30
vol $58M $58M
Sell (0.8/yr) # 19 2 2 - - - 23
vol $988M $192M $193M $1.4B
  53

Most Recent M&A

Company Date Value Type
MacKenzie-Childs LLC 2022-09-06 - Secondary Buyout
Aurora, New York · www.mackenzie-childs.com
Simms Fishing Products 2022-07-27 193M USD Add-on Acquisition
Bozeman, Montana · www.simmsfishing.com
CURiO 2021-12-01 - Unknown
Minneapolis, Minnesota · www.curiobrands.com
Essentia Water LLC 2021-03-05 192M USD Add-on Acquisition
Bothell, Washington · www.essentiawater.com
Tatcha LLC 2019-06-10 - Add-on Acquisition
San Francisco, California · www.tatcha.com
Donald J Pliner of Florida, Inc. 2019-04-24 - Add-on Acquisition
New York, New York · www.donaldjpliner.com
Fitness Anywhere LLC 2019-01-16 - Secondary Buyout
San Francisco, California · www.trxtraining.com
Proenza Schouler LLC 2018-11-12 - Sold to Management
New York, New York · www.proenzaschouler.com
West Coast Fitness LLC 2018-09-10 - Growth Capital
Peel, United Kingdom · www.westcoastfitness.im
Ale Viola LLC 2018-07-25 - Sold to Management
New York, New York · www.ippolita.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Consumer Products 2 (29%) - 11 (37%) -
Apparel/Textiles - - 5 (17%) -
Beverages 2 (29%) - 4 (13%) -
Business Services - - 2 (7%) -
Food 2 (29%) - 2 (7%) -
Healthcare Services - - 1 (3%) 58M (100%)
Financial Services - - 1 (3%) -
Franchising 1 (14%) - 1 (3%) -
Life Science - - 1 (3%) -
Restaurants - - 1 (3%) -
Retail - - 1 (3%) -
Total 7 - 30 $58M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 6 (86%) - 29 (97%) 58M (100%)
  California 1 (14%) - 6 (20%) -
  Massachusetts 1 (14%) - 5 (17%) 58M (100%)
  New York - - 5 (17%) -
  Oregon 1 (14%) - 2 (7%) -
  Ohio 1 (14%) - 2 (7%) -
  Minnesota - - 2 (7%) -
  Pennsylvania 1 (14%) - 1 (3%) -
  Washington - - 1 (3%) -
  Texas - - 1 (3%) -
  New Jersey - - 1 (3%) -
  Nevada - - 1 (3%) -
  Montana - - 1 (3%) -
United Kingdom 1 (14%) - 1 (3%) -
Domestic 6 (86%) - 29 (97%) 58M (100%)
Cross-border 1 (14%) - 1 (3%) -
Total 7 - 30 $58M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 6 (86%) - 16 (53%) -
Buyout (LBO, MBO, MBI) 1 (14%) - 10 (33%) 58M (100%)
Secondary Buyout - - 3 (10%) -
Recapitalization - - 1 (3%) -
Total 7 - 30 $58M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 9 (39%) 1.2B (86%)
Trade Sale 5 (22%) 192M (14%)
Secondary Sale 4 (17%) -
Sold to Management 2 (9%) -
Bankruptcy 1 (4%) -
Merger 1 (4%) -
Unknown 1 (4%) -
Total 23 $1.4B

Top M&A Advisors

Financial Deals
Financo LLC
1
Legal Deals
Ropes & Gray
2
Latham & Watkins
1

Deal Values

buy # Total
< $100M 1 $58M
TOTAL $58M
Largest Decision Resources LLC
$58M (2004-01-05)
sell # Total
$100M to $1B 5 $1.4B
TOTAL $1.4B
Largest Medley Global Advisors LLC
$563M (2010-02-03)

M&A Connections

Deals
Acquired from
Investor(s)
10%
3 (10%)
Exited to
Investor(s)
17%
4 (17%)
Strategic(s)
57%
13 (57%)

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