Harbert Private Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Harbert Private Capital has invested in 1 company.

Harbert Private Capital’s most common sectors for investment arehealthcare services (14%) and internet software and services (10%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (49%) and growth capital (24%). In total, Harbert Private Capital has invested in 22 US states and 3 different countries. Its largest (disclosed) acquisition occurred in 2012 when it acquired FastTrack Pty for $12M.

In the last 3 years, Harbert Private Capital has exited 1 company. The Firm’s most common exit type is trade sale (59%). Harbert Private Capital’s largest (disclosed) exit occurred in 2005 when it sold KEYS Group Holdings for $207M.

Join Mergr to view Harbert Private Capital’s full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

  • M&A Total Activity101
    • M&A Buy Activity60
    • M&A Sell Activity41
  • Total Sectors Invested 26
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 59
  • M&A Advisors 2

Harbert Private Capital

2100 Third Avenue North, Suite 600,
Birmingham, Alabama 35203
United States
(205) 987-5500
www.harbert.net/investment-strategies/private-capital

Harbert Private Equity and Mezzanine is a private equity arm of Harbert Management Corp. The Private Equity group targets leveraged buyouts, recapitalizations, expansion capital investments, and distressed situations. The firm targets opportunities across a range of industries and typical transactions have enterprise values between A$10 and A$100 million. The Mezzanine Capital group seeks subordinated debt investments and can commit $3 to $15 million per transaction. . Harbert Management Corporation was formed in 1985 and has offices in Birmingham, Alabama; New York, New York; Nashville, Tennessee; Richmond, Virginia; London; Madrid; Paris; and Melbourne.


Investment Criteria

Sectors of Interest: Automotive, Building Materials, Business Services, Communications, Construction, Consumer Products, Consumer Services, Distribution, Education, Energy Services and Equipment, Financial Services, Food, Healthcare Services, Information Technology, Insurance, Life Science, Manufacturing, Media, Medical Products, Metals/Mining, Oil/Gas Exploration, Packaging, Retail, Safety/Security, Software, Staffing, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Special Situations/Distressed

Geographic Preferences: East US, Midwest US, South US, West US, Canada, Western Europe, Eastern Europe, Australia/New Zealand

Transaction Criteria Min Max
Target Revenue 20 50
Target EBITDA 3 15
Investment Size 3 15
Enterprise Value 10 100
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.2/yr) # 54 5 1 - - - 60
vol $12M $12M
Sell (0.6/yr) # 38 2 1 - - - 41
vol $382M $382M
  101

Most Recent M&A

Company Date Value Type
Vology, Inc. 2022-08-10 - Add-on Acquisition
Clearwater, Florida · www.vology.com
Placemakr 2022-03-15 - Growth Capital
Washington, District of Columbia · www.placemakr.com
Circular Board LLC 2021-07-14 - Growth Capital
Santa Rosa, California · www.helloalice.com
Sharecare, Inc. 2021-06-29 - PIPE
Atlanta, Georgia · www.sharecare.com
Graylog, Inc. 2021-06-25 - Growth Capital
Houston, Texas · www.graylog.org
Payzer, LLC 2021-06-05 - Growth Capital
Charlotte, North Carolina · www.payzer.com
Connected2Fiber, Inc. 2021-03-22 - Growth Capital
Westborough, Massachusetts · www.connectbase.com
FDS Avionics Corp. 2021-02-18 - Merger
Alpharetta, Georgia · www.flightdisplay.com
Springbot, Inc. 2021-01-13 - Growth Capital
Atlanta, Georgia · www.springbot.com
Apkudo, Inc. 2020-11-02 - Growth Capital
Baltimore, Maryland · www.apkudo.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services - - 8 (13%) -
Internet Software and Services 3 (27%) - 6 (10%) 12M (100%)
Business Services - - 6 (10%) -
Information Technology 2 (18%) - 5 (8%) -
Automotive 1 (9%) - 3 (5%) -
Construction - - 3 (5%) -
Financial Services - - 3 (5%) -
Manufacturing - - 3 (5%) -
Software 1 (9%) - 3 (5%) -
Environmental 1 (9%) - 2 (3%) -
Metals/Mining - - 2 (3%) -
Packaging 1 (9%) - 2 (3%) -
Aerospace - - 1 (2%) -
Building Materials - - 1 (2%) -
Chemicals - - 1 (2%) -
Communications - - 1 (2%) -
Consumer Products - - 1 (2%) -
Electrical Equipment - - 1 (2%) -
Franchising - - 1 (2%) -
Leisure 1 (9%) - 1 (2%) -
Life Science - - 1 (2%) -
Machinery - - 1 (2%) -
Marketing - - 1 (2%) -
Media - - 1 (2%) -
Staffing 1 (9%) - 1 (2%) -
Utilities - - 1 (2%) -
Total 11 - 60 $12M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 10 (91%) - 54 (90%) -
  Texas 2 (18%) - 9 (15%) -
  Georgia 1 (9%) - 9 (15%) -
  Virginia 2 (18%) - 5 (8%) -
  North Carolina 1 (9%) - 3 (5%) -
  Tennessee - - 3 (5%) -
  Pennsylvania - - 3 (5%) -
  Florida - - 3 (5%) -
  Colorado - - 3 (5%) -
  Massachusetts 1 (9%) - 2 (3%) -
  Missouri - - 2 (3%) -
  Oregon 1 (9%) - 1 (2%) -
  Maryland 1 (9%) - 1 (2%) -
  District of Columbia 1 (9%) - 1 (2%) -
  Alabama - - 1 (2%) -
  Utah - - 1 (2%) -
  Oklahoma - - 1 (2%) -
  New York - - 1 (2%) -
  Nevada - - 1 (2%) -
  Mississippi - - 1 (2%) -
  California - - 1 (2%) -
  Arkansas - - 1 (2%) -
Australia - - 5 (8%) 12M (100%)
Germany 1 (9%) - 1 (2%) -
Domestic 10 (91%) - 54 (90%) -
Cross-border 1 (9%) - 6 (10%) 12M (100%)
Total 11 - 60 $12M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) - - 29 (48%) 12M (100%)
Growth Capital 8 (73%) - 14 (23%) -
Recapitalization 2 (18%) - 9 (15%) -
Venture 1 (9%) - 4 (7%) -
Consolidation - - 1 (2%) -
Divestiture - - 1 (2%) -
Going Private - - 1 (2%) -
Stake Purchase - - 1 (2%) -
Total 11 - 60 $12M

Exits by Deal Type

Type Total # Value
Trade Sale 20 (49%) 142M (37%)
Secondary Sale 10 (24%) -
Trade Sale - Public Company 5 (12%) 240M (63%)
Bankruptcy 2 (5%) -
Unknown 2 (5%) -
Merger 1 (2%) -
SPAC 1 (2%) -
Total 41 $382M

Top M&A Advisors

Financial Deals
McGrathNicol
 1
Colonnade Advisors LLC
 1

Deal Values

buy # Total
< $100M 1 $12M
TOTAL $12M
Largest FastTrack Pty Ltd.
$12M (2012-07-10)
sell # Total
$100M to $1B 1 $207M
< $100M 4 $175M
TOTAL $382M
Largest KEYS Group Holdings LLC
$207M (2005-10-10)

M&A Connections

Deals
Acquired from
Investor(s)
3%
2 (3%)
Strategic(s)
2%
1 (2%)
Exited to
Investor(s)
24%
10 (24%)
Strategic(s)
61%
25 (61%)

Investor Summary

Investor Type

Private Equity Firm

Size

Mega

PE Assets

4.7B USD

Established

1985

Specialist/Generalist

Generalist

Leadership

Raymond Harbert

Chairman & CEO

Charles Miller

Executive Vice President & Global Head of Distribution

John Bryant

Executive Vice President & Senior Managing Director, Absolute Return Strategies

Wayne Hunter

Managing Partner

J. Travis Pritchett

President & COO

 Subscribe to unlock this and 193,848
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 184K M&A Transactions
  • 189K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 72K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal