New Members, Network Growth, and Closed Deals from Q1

It was an exciting Q1 at Axial. At the outset of the quarter, we hit the $25B mark in aggregate deal volume, and 2,000 consummated transactions since Axial’s establishment in 2010. The network continues to grow and we continue to invest in our technology and events platforms.

In February, we leapfrogged the industry with the release of a new industry taxonomy. There are now over 18,000 ways to classify a business and your strategic interests. It has transformed the ability for our recommendation engine to closely match buyers and sellers together. We also released major improvements to our debt matching engine, allowing lenders and borrowers to be far more specific about their interests.

There were over 400 new firms and companies that joined Axial in Q1, and a host of successes in terms of closed transactions, quality connections, and overall network growth. Here are some highlights:

Highlights of New Buy-Side Members in Q1

Private Equity Firms

• Advent International
• Snow Phipps
• One Equity Partners
• Trinity Private Equity Group
• DCA Capital Partners
• RockWood Equity Partners
• NaviMed Capital
• Cold Bore Capital
• Regal Healthcare Capital Partners
• Arcade Partners
• Seven Hills Capital
• Sands Brothers Asset Management
• Liebman Group Advisors

Family Offices

• SCG Partners
• Kidd & Company, LLC
• Stonefly Investments, LLC
• Littlejohn Capital, LLC
• Nitu Group
• Ursus Magnum, LLC
• Ouabache Investments (Family Office)
• Mertor
• Akshay Singh
• Tim Holler

Independent Sponsors

• MoonSail Capital
• Entrepreneur Partners
• Pouschine Cook Capital Management
• Stone Road Capital
• 777 Partners
• Double A Investment Group
• ABVS Partners
• Fox Three Partners
• Calvert Street Capital Partners
• Bellview Capital Partners
• Orenda Investment
• PennSpring Capital
• Grantchester Group

Senior Lenders

• Vital Financial Services
• Technology Credit Union
• Texas Capital Bank
• Fora Financial
• Cencor Capital, LLC

Strategic Buyers

• Custom Truck One Source
• Addus HomeCare Corporation
• ATA Group
• CompuCom Systems
• BHS Corrugated
• The Giorgi Companies, Inc.
• Batia.com

Highlights of New Sell-Side Members in Q1

• City Capital
• Clearsight Advisors
• Moss Adams
• Citadel Advisory Group
• Butcher Joseph
• Scott-Macon
• Fortune Group
• Doeren Mayhew
• Cascade Partners
• Romanchuk & Co
• Houlihan Capital
• Meridian Capital
• Cross Keys Capital
• Bourne Partners
• Caber Hill
• Liberty Ridge advisors
• The Capital Corporation

Selected Highlights of Closed Deals

LFM Capital acquires Logic Plus

LFM Capital portfolio company Eckhart, Inc., an advanced industrial solutions company, acquired Logic Plus, a premier electrical controls and automation company based in Northern Michigan. Read the Release

Delos Capital acquires Sage Metals

Delos Capital, a hybrid family office – private equity firm out of New York, partnered with Michigan-based independent sponsor AR2 to acquire Sage Metals, a leading manufacturer of specialty metal products serving the North American electrical, power utility, and industrial end markets. Read the Release

Spectra AS provides capital to BDL Water Technologies

Spectra AS, a family office based in Norway, connected with advisory firm Wexler Kronen Capital to provide capital to BDL Water Technologies, LLC,  a waste water recycling technology company featuring a closed-loop recycling solution for produced water from oil & gas operators. Read the Release

Undisclosed PE firm Acquires Premier Flow Control

A California-based private investment group acquired Premier Flow Control, a leading provider of flow-back, nitrogen, and equipment rental services in the Permian Basin.BlackRose Advisors, acted as the buy-side intermediary to the buyer and Vercor advised Premier Flow Control on the sale. Read the Release

Baymark Partners Acquires Coastal Screen & Rail

Baymark Partners, a private equity firm based in Dallas, Texas, acquired a Florida-based custom metal fabricator and installation company, Coastal Screen and Rail. The business builds screen closures for pools and patios. Read the Release

Fremont Wright, LLC, acquires I.F. Rooks & Associates, LLC, with financing from Family Office SouthWorth Capital Management

Fremont Wright, LLC, a surveying and civil engineering holding company in Tennessee, acquired I.F. Rooks & Associates, LLC., a full service geospatial firm providing photogrammetry, and remote sensing services in Florida. SouthWorth Capital Management arranged financing and ran the acquisition process for Fremont-Wright while CEA Group advised I.F. Rooks on the sale. Read the Release

Juniper Capital Management Acquires Green Mountain Pipelines Services & Mr. Rehab Sewer System Rehabilitation

Juniper acquired Green Mountain Pipelines Services, a pipeline rehabilitation services company based in South Royalton, Vermont. Additionally, they acquired Mr. Rehab Sewer System Rehabilitation, a pipeline inspection, cleaning and maintenance, rehabilitation, and one other specialty services company based in Pennsylvania. Read the Release