Concentric Equity Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Concentric Equity Partners has acquired 1 company. It has also invested in 1 other.

Concentric Equity Partners’ most common sectors for investment arebusiness services (20%) and environmental (10%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (54%) and growth capital (17%). In total, Concentric Equity Partners has invested in 14 US states.

In the last 3 years, Concentric Equity Partners has exited 1 company. The Firm’s most common exit type is trade sale (34%). Concentric Equity Partners’ largest (disclosed) exit occurred in 2014 when it sold Cole Taylor Bank for $640M.

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M&A Summary

  • M&A Total Activity45
    • M&A Buy Activity30
    • M&A Sell Activity15
  • Total Sectors Invested 17
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 20
  • M&A Advisors 2

Concentric Equity Partners

50 East Washington Street, Suite 400,
Chicago, Illinois 60602
United States
(312) 494-4513
www.fic-cep.com

Concentric Equity Partners is a private equity firm that invests in profitable, growth-oriented middle-market companies. Concentric typically invests $10 to $30 million of capital per transaction, however, the Firm's historical investment range is $5 to $100 million. Areas of interest include business services, consumer services, financial services, and healthcare. Prospective transaction situations include management led buyouts, leveraged buyouts, and growth equity investments. Concentric will consider both majority and minority situations. Concentric is the direct investment arm of asset management firm, Financial Investments Corporation. Concentric Equity Partners was established in 2002 and is based in Chicago, Illinois.


Investment Criteria

Sectors of Interest: Business Services, Consumer Services, Distribution, Education, Energy Services and Equipment, Environmental, Financial Services, Food, Healthcare Services, Information Technology, Infrastructure, Internet Software and Services, Oil/Gas Exploration, Safety/Security, Software, Staffing, Transportation, Utilities

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

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 10 30
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 27 1 2 - - - 30
Sell (0.6/yr) # 12 2 - 1 - - 15
vol $640M $640M
  45

Most Recent M&A

Company Date Value Type
Coastal Waste & Recycling, Inc. 2023-06-20 - Recapitalization
Boca Raton, Florida · www.coastalwasteinc.com
Frontier Waste Solutions 2022-11-29 - Secondary Buyout
Dallas, Texas · www.frontierwaste.com
RapidFire Safety & Security LLC 2022-01-01 - Growth Capital
St Louis, Missouri · www.rapidfiress.com
Airway Services, Inc. 2021-10-05 - Add-on Acquisition
San Angelo, Texas · www.airwayservicesinc.com
Aperture Credentialing LLC 2021-06-28 - Add-on Acquisition
Louisville, Kentucky · www.aperturecvo.com
Riverbend Sandler Pools 2021-04-28 - Recapitalization
Plano, Texas · www.riverbendsandler.com
Ellison Bakery LLC 2020-08-14 - Secondary Buyout
Fort Wayne, Indiana · www.ebakery.com
Airway Services, Inc. 2019-09-01 - Buyout (LBO, MBO, MBI)
San Angelo, Texas · www.airwayservicesinc.com
Centerline Solutions LLC 2019-07-12 - Bankruptcy
Golden, Colorado · www.centerlinesolutions.com
Critical Signal Technologies, Inc. 2019-05-24 - Add-on Acquisition
Novi, Michigan · www.cstltl.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Lario Oil & Gas Co. 2017-01-01 Lario Oil & Gas - Northern Midland Basin 2022-11-16 1
Wichita, Kansas · www.lariooil.com Wichita, Kansas
Lario Oil & Gas Co. 2017-01-01 Trail Ridge Energy Partners II 2017-04-03 2
Wichita, Kansas · www.lariooil.com Grapevine, Texas

M&A by Sector

Sector Current # Value All-time # Value
Business Services 3 (20%) - 6 (20%) -
Environmental 1 (7%) - 3 (10%) -
Healthcare Services - - 3 (10%) -
Energy Services and Equipment 1 (7%) - 2 (7%) -
Financial Services - - 2 (7%) -
Infrastructure - - 2 (7%) -
Oil/Gas Exploration 2 (13%) - 2 (7%) -
Construction 1 (7%) - 1 (3%) -
Distribution 1 (7%) - 1 (3%) -
Food - - 1 (3%) -
Information Technology 1 (7%) - 1 (3%) -
Internet Software and Services 1 (7%) - 1 (3%) -
Safety/Security 1 (7%) - 1 (3%) -
Software - - 1 (3%) -
Staffing 1 (7%) - 1 (3%) -
Transportation 1 (7%) - 1 (3%) -
Utilities 1 (7%) - 1 (3%) -
Total 15 - 30 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 15 (100%) - 30 (100%) -
  Florida 2 (13%) - 7 (23%) -
  Texas 3 (20%) - 4 (13%) -
  Colorado 1 (7%) - 4 (13%) -
  Illinois 1 (7%) - 3 (10%) -
  Oregon 2 (13%) - 2 (7%) -
  Missouri 2 (13%) - 2 (7%) -
  Washington 1 (7%) - 1 (3%) -
  Virginia 1 (7%) - 1 (3%) -
  Nevada 1 (7%) - 1 (3%) -
  Kansas 1 (7%) - 1 (3%) -
  Indiana - - 1 (3%) -
  Michigan - - 1 (3%) -
  Louisiana - - 1 (3%) -
  Kentucky - - 1 (3%) -
Total 15 - 30 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 7 (47%) - 16 (53%) -
Growth Capital 2 (13%) - 5 (17%) -
Recapitalization 3 (20%) - 5 (17%) -
Divestiture 2 (13%) - 3 (10%) -
Secondary Buyout 1 (7%) - 1 (3%) -
Total 15 - 30 -

Exits by Deal Type

Type Total # Value
Secondary Sale 4 (27%) -
Trade Sale 3 (20%) -
Merger 2 (13%) 640M (100%)
Bankruptcy 2 (13%) -
Trade Sale - Public Company 2 (13%) -
IPO 1 (7%) -
Recapitalization 1 (7%) -
Total 15 $640M

Top M&A Advisors

Financial Deals
Houlihan Lokey
1
Legal Deals
Winston & Strawn LLP
1

Deal Values

sell # Total
$100M to $1B 1 $640M
TOTAL $640M
Largest Cole Taylor Bank, Inc.
$640M (2014-10-30)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Strategic(s)
10%
3 (10%)
Exited to
Investor(s)
33%
5 (33%)
Strategic(s)
47%
7 (47%)

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