Lower Middle Market Deal Digest

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

Select New Axial Members

Investment Banks
Wyndham Capital, Fox & Fin Financial Group, Tully & Holland, Gleason Advisors, Transact Capital Partners

Corporates
Pentair, Main Street Gourmet, Merritt Aluminum Products Company

Private Equity Firms
Vance Street Capital, Morgan Stanley Expansion Capital, Twist Capital

Family Offices
ZBS Capital, Equable Capital, First Haven Capital

Independent Sponsors
LB Advisors, Amalgam Capital, Performant Capital

People Moves

	Paramax Expands its Team, Adding Sam Messina as Director of Business Development. Read More
	Berntson Porter Promotes Three New Principals. Read More
	Ethan Bach to Lead Baker Tilly’s Innovation and Solutions. Read More
	ButcherJoseph Announces Multiple Employee Promotions. Read More
	One Equity Partners Appoints R. Todd Bradley as Operating Partner. Read More
	TSG Promotes Erik Johnson And Ed Wong To Managing Directors. Read More
	Fulcrum Equity Partners Promotes Philip Lewis to Partner. Read More
	LHC Group Promotes Joshua Proffitt to President and Welcomes Robert Williams as New Chief Financial Officer. Read More

Member Shoutouts

Stonehenge Capital Donates 170,000 Meals to Local Food Banks. Read More
FirePower Capital Launches A Dealmaker’s DNA Podcast.  Read More
M&A Firm of the Year in Colorado for 2020 Awarded to The Forbes M+A Group. Read More
Beacon Mergers & Acquisitions Announces Expansion to Pacific Northwest USA.  Read More
White Oak Global Advisors Expands Commitment to Impact Investing. Read More

Thought Leadership

Activate Due Diligence to Drive Growth (Strategex)
Read More

Education, Learning, and Training M&A Practice (Solganick & Co.)
Read More

Private Equity & Private Credit Perspectives in Turbulent Times Panel Featuring Star Mountain Founder & CEO, Brett Hickey (Star Mountain Capital)
Read More

Fighting COVID-19 with Facility Renovations (C&W Services)
Read More

Business Development Strategies For COVID-19 Environment and Beyond (VGM Group)
Read More

Can You Take Out Multiple SBA Loans? (Fora Financial)
Read More

Use Data as a First Step to Tackle the Challenge of Diversity, Equity & Inclusion (Insight Partners)
Read More

Business Recovery and Exit Planning in Uncertain Times (Part 1) (BMI Mergers & Acquisitions)
Read More

Don’t Let a Sale Fall Out of Escrow (Liberty Group of Nevada)
Read More

The Art of Establishing a Transaction Price Target (CRI Capital Advisors)
Read More

Deal News from Sell-Side Members

Balmoral Advisors Represents KMCO on Sale to ALTIVIA.
Read More

Auctus Capital Partners Supports Infection Control Technology Manufacturer Seal Shield, Secures Financing from BBVA with Credit Facility to Drive Growth.
Read More

FOCUS Investment Banking Represents Five Talent in its Sale to Effectual.
Read More

Atlas Technology Group Advises Airportparkingreservations.com and ParkSleepFly.com.
Read More

TechStrat Announces Sale of Peach Tech to Gitlab, Continuing Focus on Cyber Security.
Read More

Paramax Advised SealMaster Pavement Products & Equipment of Buffalo, Rochester, and Syracuse on its Sale to a Private Investment Group.
Read More

Woodbridge International Closes Sale of Leading Technology Products and Services Provider.
Read More

Woodbridge International Closes Sale of DiCon Connections Inc. to Monroe Engineering LLC.
Read More​​​​

Deal News from Buy-Side Members

H.I.G. Capital Completes Growth Investment in USALCO.
Read More

Sallyport Commercial Finance Structures a Multi-Million Dollar Credit Facility for an Electronics Company.
Read More

BRP Group Subsidiary Acquires Real Estate Insurance Agency, Employee Benefits Providers.
Read More

Advantage Capital Invests $5 Million in Cady Bag, Supporting Economic Development in Rural Georgia.
Read More

Volaris Group Signs Agreement to Acquire Flash Networks Ltd; Looks to Expand Position in Communications & Media Vertical.
Read More

Wellspring Capital Management Acquires Steele Solutions, Inc.
Read More

KLH Capital Portfolio Company, ElectriCom, Completes Acquisition of DataWatt.
Read More

Arsenal Capital Partners Portfolio Company, Fralock, Acquires Career Technologies USA.
Read More

CIVC Portfolio Company, Specialized Elevator Services, Acquires 24 Hour Elevator.
Read More

Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion.
Read More

One Equity Partners’ Portfolio Company, Orion Innovation, Completes Acquisition of Zodiac Systems.
Read More

Blue Sage Capital Invests in Barricades Unlimited.
Read More

J.F.Lehman & Co. Portfolio Company, NorthStar, Announces Acquisition of Heneghan Wrecking Company.
Read More

Main Street Announces Follow-on Investment in CAI Software.
Read More

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Top June Articles on
Middle Market Review

Infrastructure M&A Activities & Opportunities | Virtual Roundtable. Read More

The Path Forward: Ten Takeaways from Q2. Read More

Axial Partners with Duke University to Save Summer Internships. Read More

The New Age of Due Diligence — Virtual Roundtable. Read More

The Case for Moving Forward With M&A. Read More

Consumer M&A Activities & Opportunities — COVID-19 Virtual Roundtable. Read More

Corp Dev and COVID: What 3 Deal Pipelines Look Like Now. Read More

Highlights of Recent transactions

Submissions for next month?
Email nick.coetzee@axial.net