Transition Capital Partners Mergers and Acquisitions Summary

Family Office Profile

In the last 3 years, Transition Capital Partners has invested in 1 company.

Transition Capital Partners’ most common sectors for investment arehealthcare services (23%) and internet software and services (12%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (71%) and recapitalization (19%). In total, Transition Capital Partners has invested in 10 US states.

The Firm’s most common exit type is trade sale (35%). Transition Capital Partners’ largest (disclosed) exit occurred in 2004 when it sold Future Foods for $43M.

Join Mergr to view Transition Capital Partners’ full profile and discover more small family office investors just like it.

M&A Summary

  • M&A Total Activity53
    • M&A Buy Activity27
    • M&A Sell Activity26
  • Total Sectors Invested 15
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 12
  • M&A Advisors 2

Transition Capital Partners

1375 Brumlow Avenue,
Southlake, Texas 76092
United States
(214) 978-3800
www.tcplp.com
jason@tcplp.com

Transition Capital Partners is a private investment firm focused on leveraged recapitalizations of entrepreneurial service-based businesses. Transition generally looks for high-growth companies with $2 million to $8 million of EBITDA where the firm can help position the company for the next level of growth. Sectors of interest include healthcare services, non-asset based logistics, retail, alternative energy and services, security services, direct marketing, software, branded food/beverage, education, telecom, oil/gas services, and outsourcing. The Firm is affiliated with family office Patterson Thoma Investments. Transition Capital Partners was formed in 1993 and is based in Dallas, Texas.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Automotive, Business Services, Communications, Construction, Consumer Products, Distribution, Education, Electronics, Energy Services and Equipment, Food, Franchising, Healthcare Services, Information Technology, Leisure, Marketing, Medical Products, Oil/Gas Exploration, Retail, Safety/Security, Software, Staffing, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Recapitalization, Stake Purchase

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

Transaction Criteria Min Max
Target Revenue - 100
Target EBITDA 2 20
Investment Size - -
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) # 25 1 1 - - - 27
Sell (0.2/yr) # 25 1 - - - - 26
vol $131M $131M
  53

Most Recent M&A

Company Date Value Type
Petroflex North America Ltd. 2022-06-22 - Growth Capital
Gainesville, Texas · www.petroflexna.com
Hayes Software Systems 2021-06-17 - Add-on Acquisition
Austin, Texas · www.hayessoft.com
McDaniel Metals 2021-06-01 - Buyout (LBO, MBO, MBI)
Houston, Texas · www.mcdanielmetals.com
TriCon Logistics 2020-07-07 - Add-on Acquisition
Irving, Texas · www.tricon-logistics.com
Xclusive Staffing Services 2020-02-01 - Buyout (LBO, MBO, MBI)
Westminster, Colorado · www.xclusivestaffing.com
SuccessEd 2019-08-31 - Secondary Buyout
Frisco, Texas · www.successed.net
PostUp Digital LLC 2019-04-22 35M USD Add-on Acquisition
Austin, Texas · www.postup.com
TriCon Logistics 2018-09-07 - Buyout (LBO, MBO, MBI)
Irving, Texas · www.tricon-logistics.com
Hayes Software Systems 2017-03-14 - Buyout (LBO, MBO, MBI)
Austin, Texas · www.hayessoft.com
Furniture Factory Outlet (FFO Home) 2016-02-11 - Secondary Buyout
Fort Smith, Arkansas · www.ffohome.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Highstreet IT Solutions LLC 2013-05-03 Highstreet Network Solutions 2019-02-15 1
Rockville, Maryland · www.highstreetit.com Islandia, New York
Hospice Source LLC 2015-07-17 Specialized Medical Services, Inc. - DME assets 2017-10-01 7
Carrollton, Texas · hs.hospicesource.net Milwaukee, Wisconsin
Hospice Source LLC 2015-07-17 Travis Medical Sales - Hospice Equipment Business 2016-11-14 6
Carrollton, Texas · hs.hospicesource.net Austin, Texas

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services 1 (17%) - 6 (22%) -
Business Services 1 (17%) - 3 (11%) -
Internet Software and Services - - 3 (11%) -
Consumer Products - - 2 (7%) -
Manufacturing 2 (33%) - 2 (7%) -
Retail - - 2 (7%) -
Automotive - - 1 (4%) -
Construction - - 1 (4%) -
Consumer Services - - 1 (4%) -
Distribution - - 1 (4%) -
Food - - 1 (4%) -
Information Technology 1 (17%) - 1 (4%) -
Staffing 1 (17%) - 1 (4%) -
Technology Hardware - - 1 (4%) -
Transportation - - 1 (4%) -
Total 6 - 27 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 6 (100%) - 27 (100%) -
  Texas 3 (50%) - 15 (56%) -
  California - - 3 (11%) -
  New Mexico - - 2 (7%) -
  Maryland 1 (17%) - 1 (4%) -
  Florida 1 (17%) - 1 (4%) -
  Colorado 1 (17%) - 1 (4%) -
  Pennsylvania - - 1 (4%) -
  Oklahoma - - 1 (4%) -
  Iowa - - 1 (4%) -
  Arkansas - - 1 (4%) -
Total 6 - 27 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 3 (50%) - 19 (70%) -
Recapitalization 1 (17%) - 5 (19%) -
Growth Capital 1 (17%) - 2 (7%) -
Secondary Buyout 1 (17%) - 1 (4%) -
Total 6 - 27 -

Exits by Deal Type

Type Total # Value
Trade Sale 13 (50%) 35M (27%)
Secondary Sale 8 (31%) 43M (33%)
Trade Sale - Public Company 3 (12%) 33M (25%)
Recapitalization 1 (4%) 20M (15%)
Bankruptcy 1 (4%) -
Total 26 $131M

Top M&A Advisors

Financial Deals
Lincoln International
 1
Legal Deals
Locke Lord
 1

Deal Values

sell # Total
< $100M 4 $131M
TOTAL $131M
Largest Future Foods Ltd.
$43M (2004-07-23)

M&A Connections

Deals
Acquired from
Investor(s)
4%
1 (4%)
Exited to
Investor(s)
35%
9 (35%)
Strategic(s)
27%
7 (27%)

Investor Summary

Investor Type

Family Office

Size

Small

Established

1993

Specialist/Generalist

Generalist

Leadership

Andy Foskey

Managing Partner

Celeste Newton

CFO

Jason Faucett

Managing Director

Keith Driscoll

Managing Director

 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