Lower Middle Market Deal Digest

Welcome to the April edition of Axial’s Lower Middle Market Digest, your source of news, deal announcements, and all things LMM.

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Investment Banks
NorthView, Cassel Salpeter & Co, Blue Harbor Capital Advisors, Chinook Capital Advisors, Bedrock Capital Management

Corporates
Persistent Systems Limited, Quest Resource Management Group, Direct Refreshments

Private Equity Firms
Nautic Partners, Peak Rock Capital, Basis Vectors

Family Offices
Cresset Partners, Jones Capital, Bridger Growth Partners

Independent Sponsors
Dry Fly Capital, Compass Partners, Arya Management

People Moves

	Brian Klaban Joins Platte River Equity as Director of Business Development & Debt Capital Markets. Read More
	BeHealth’s Scott Lee Promoted to Senior Managing Director. Read More
	Tech Capital, LLC Hires Randall Haney as its Vice President of Business Development. Read More
	Corporate Finance Associates Welcomes Gunther E. Hofmann to its San Francisco Office. Read More
	Skyway Capital Markets Names Barry Shevlin to Senior Leadership Team. Read More
	Martin W Johnson joins Peakstone as Managing Director. Read More
	Bob Kline joins Colliers International as Southwest Managing Director of Debt and Structured Finance. Read More
	The McLean Group Names Marc Gruzenski as Senior Managing Director To Lead Security Practices; Mitch Martin Quoted. Read More

Member Shoutouts

Beacon Wins Consumer Choice Award 2020 for Best Business Broker. Read More
Rosenblatt Nominated for “Best Firm for Market Structure and Execution Consulting” Award. Read More
Advent International Donates $7.1 Million to Support Massachusetts Covid-19 Relief Efforts. Read More
Advantage Capital Portfolio Companies on the Front Line During the COVID-19 Crisis. Read More
Blackstone Contributes $15 Million to COVID-19 Relief Efforts in New York. Read More

Thought Leadership

Preparing the Customer Experience for a Post-Pandemic Economy (Strategex)
Read More

Owner / Operator COVID-19 Impact Survey (Permanent Equity)
Read More

Health Care M&A in the Time of COVID-19 (The Braff Group)
Read More

COVID-19 Affects on Investing in Manufacturing (Altus Capital Partners)
Read More

Remaining Compliant While Working from Home (LQD Business Finance)
Read More

VC, PE Firms Steer Companies Through Crisis (Blackford Group)
Read More

Midmarket Firms Target Food, Beverage Companies Strained by Coronavirus Shutdowns (Cascadia Capital)
Read More

US M&A Deal Activity Q1 2020 Update (Solganick & Co.)
Read More

What You Need to Know: ESOP and Community Bank Valuations in the Era of Covid-19 (Southard Financial)
Read More

Lower Middle Market Deal Making Remains Strong (Align Business Advisory Services)
Read More

Deal News from Sell-Side Members

Quarton, a Cowen Company Advises F.E.B. Holding GMBH on the Sale of  Healthfood24 GMBH to Alphabet Ventures GMBH.
Read More

Caber Hill Advises Armstrong Building Maintenance on its Recapitalization with Revolent Capital Solutions.
Read More

Beacon Completes Transaction of a Mechanical Supplier & Equipment Service Business.
Read More

Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor to GraphicAudio in its sale to RBmedia.
Read More

Everingham & Kerr, Inc. is Pleased to Announce that Indco, Inc. has Been Acquired by Aqua Science, Inc.
Read More

Meridian Capital Advises AccelAlpha on its Recapitalization by Century Park Capital Partners.
Read More

Farlie Turner Advises FlashBanc, LLC on Acquisition by LLR Partners-backed Celero Commerce.
Read More

FirePower Equity Exits Interwork Technologies in Sale to Wayside / Lifeboat.
Read More

FMI Advises Petcosky & Sons Plumbing, Heating & A/C, Inc. in Acquisition to Astar Heating & Air, a Dubin Clark Portfolio Company.
Read More

BCMS Corporate Advises Smartschoolsplus on its acquisition by Educational Services, Inc.
Read More

B. Riley FBR Advises TeleHealth Solution on Strategic Investment from New Capital Partners.
Read More

Stout Advises QueTel on Acquisition by Riverside Co. & Omnigo Software.
Read More

BellMark Partners, LLC advised Leader Auto Resources LAR, Inc. in its recapitalization with Resilience Capital Partners.
Read More

Deal News from Buy-Side Members

​​​​​Kaho Partners Acquires Kenny’s Great Pies.
Read More

​​​​​Compass Diversified Holdings Completes Acquisition of Baseball Equipment Company Marucci Sports.
Read More

Tulcan Portfolio Company Expands Manufacturing Capability.
Read More

LLR Partners Portfolio Company Celero Commerce Acquires FlashBanc.
Read More

Podium Raises $125M in Series C Funding with Participation from Summit Partners.
Read More

ICV Partners Announces Investment In Mintz Group.
Read More

CIVC Portfolio Company, KPA, Acquires Multimedia Training Systems.
Read More

ShoreView Invests in Victory Air and Equipment, LLC.
Read More

Wellspring Capital Acquires Lucky Strike Entertainment.
Read More

BizLink Holding Inc. Completes the Acquisition of Speedy Industrial Supplies Pte Ltd.
Read More

LFM Capital Adds Control Solutions to the Portfolio.
Read More

Sallyport Commercial Finance Delivers a Working Capital Solution to a Traffic Control Company.
Read More

VSS And NewSpring Complete Investment In BRC Recovery, Announce Formation Of BRC Healthcare.
Read More

Accellion Secures $120 Million in Financing Led by Bregal Sagemount to Accelerate Adoption of the Enterprise Content Firewall.
Read More

Blackford Capital Completes Investment in Cartridge World.
Read More

Montage Partners Announces Investment in United Right-of-Way.
Read More

Not an Axial Member yet?

Top April Articles on
Middle Market Review

Structuring Transactions Post-Coronavirus: COVID-19 Virtual Roundtable. Read More

The Top 50 Lower Middle Market Software Investors and Advisory Firms. Read More

Manufacturing M&A Activities & Opportunities: COVID-19 Virtual Roundtable. Read More

Top 20 Lower Middle Market Investment Banks [Q1 2020]. Read More

The Axial Verified Closed Deal Badge (and its first 50 recipients). Read More

Healthcare M&A Activity & Opportunities: COVID-19 Virtual Roundtable. Read More

For One Independent Sponsor, A Focus on “Antifragile” Businesses Pays Off. Read More

Highlights of Recent transactions

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