Focus Investment Banking

JUNE 25, 2023

Three years ago, I made a stab at ranking the various business segments that I typically run into when representing tire dealers in the lower-middle market. The chart accompanying this column represents my view of the relative market value of the different segments that you’ll see in the lower-middle market in privately held U.S.

Business 52

Business Retail Valuation Middle Market 52

Intrepid Banker Insights

DECEMBER 12, 2023

Gavin Daniels Daniels arrives at Intrepid with over twelve years of investment banking experience, primarily focused on mergers and acquisitions in the middle market consumer space. Additional consumer industry transaction experience includes restaurants, omnichannel retail, and pet products.

Food 52

Food Management Middle Market IT 52

Sica Fletcher

MAY 8, 2020

Sica | Fletcher believes Brown & Brown is the publicly traded company that is most comparable to private, middle market U.S. EBITDAC Margin in Retail! EBTIDAC margin in its retail segment, which seems high even for us. insurance brokers. BRO just reported Q1 results and here is our take on it: 1.

Insurance 52

Insurance Retail Debt Broker 52

Periculum Capital

MAY 21, 2024

As a result, the Periculum team was able to structure an attractive exit for John while putting the Company’s business in the hands of a diversified agribusiness company with a plan to continue operations in Rochester, Indiana and grow its presence in the specialty food ingredients market.

Sale 52

Sale IT Food Retail 52

Focus Investment Banking

MAY 28, 2024

according to Automotive News Top 150 Auto Dealers , retailing 38,308 new vehicles in 2022. FOCUS CEO Rick Thomas, along with Nancy Rolland and Cyril Schlup, advised Marsh in this transaction. The Marsh family recognized a strong alignment with the Serra organization in culture and how they did business. billion in revenue.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

JULY 31, 2024

The Top Industrials Private Equity Firms Mega-Funds and “Large” Private Equity Firms Upper-Middle-Market (UMM) and Middle-Market (MM) Firms Special Situations, Stressed, and Distressed Firms Newer / Smaller PE Firms with Some Industrials Focus How Do Industrials Private Equity Deals Work?

Private Equity 66

Private Equity Equities Middle Market Debt 66

The Deal

JULY 21, 2023

GNL), an office and industrial REIT, agreed to combine with Necessity Retail REIT Inc. For example, Global Net Lease and Necessity Retail agreed to internalize management as part of the merger, a partial win for Blackwells, which argued the companies will save $54 million a year with the new structure. Last month, Global Net Lease Inc.

Retail 52

Retail Management Government Investors 52

Periculum Capital

APRIL 13, 2023

21st Amendment” or “Company”), a long-standing and locally recognized wine and spirit retailer, to US Liquor Group LLC. About Periculum Capital Company, LLC Periculum is a leading investment and merchant banking firm serving the corporate finance needs of middle market companies.

Sale 52

Sale IT Advisory Corporate Finance 52

TM Capital

NOVEMBER 29, 2022

Dealmakers, however, expect M&A activity to sustain well into 2023, particularly in the lower middle market. ” Platforms Paving the Way As valuations edge higher for platforms with scale, buyers are chasing add-onsin the lower middle market, going toe-to-toe for the same assets in some cases.

Capital 52

Capital Middle Market Business Private Equity 52

Focus Investment Banking

JULY 28, 2023

However, activity decelerated significantly during the latter half of the year, with larger deals experiencing a more pronounced decline compared to middle-market activity. After a record-breaking year in 2021, M&A activity remained relatively strong by historical standards during the first half of 2022.

Middle Market 52

Middle Market Mergers and Acquisitions Investment Sale 52

Focus Investment Banking

JULY 9, 2023

This reminds me of Monro’s recent decision to divest its wholesale operations to ATD, establish a supply agreement, and focus on its retail footprint. Acquiring the company-owned stores from TBC contributes to Mavis Tire's rapid expansion plans and establishes a stronghold as one of, if not the largest, retailer in the country.

Mergers and Acquisitions 52

Mergers and Acquisitions Retail Profitability Investment Banking 52

Focus Investment Banking

APRIL 1, 2024

Dexterra provides quality solutions for ongoing maintenance and operations to clients in the aviation, defense and security, retail, commercial, private industry, healthcare, education and government sectors. With operations in 11 of 13 provinces and territories as well as in the U.S.,

Investment Banking 52

Investment Banking Management Sale Banking 52

Focus Investment Banking

SEPTEMBER 24, 2024

At PW he served clients in the media, transportation, construction, human benefits, IT, manufacturing and distribution, logistics and transportation, consumer packaging and products, healthcare and retail fields. I’ve worked in the healthcare sector, transportation, manufacturing and distribution, and retail, to name a few.

Transportation 52

Transportation Manufacturing Medical M&A 52

Focus Investment Banking

OCTOBER 30, 2023

While overall M&A activity among tire retailers, wholesalers and commercial tire dealerships remains active but noticeably slower, it’s harder for wholesalers and commercial tire dealerships to have a sale event as compared with retailers. And the trustee will get in the middle of that decision.” continues Beard. “I

Debt 52

Debt Retail Business Private Equity 52

Focus Investment Banking

JULY 17, 2023

John’s experience includes classical brand management at large, premiere CPG companies (Unilever, Cadbury Schweppes, Mott’s) and leading direct marketing and ecommerce initiatives at multi-channel retailers (Crutchfield, Plow & Hearth). Haydock : Good data can be tremendously empowering.

Sale 52

Sale Retail Investment Banking Food 52

Focus Investment Banking

OCTOBER 2, 2023

With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Auto Aftermarket Group. Contact Giorgio at giorgio.andonian@focusbankers.com.

Private Equity 52

Private Equity Equities Mergers and Acquisitions Profitability 52

Focus Investment Banking

AUGUST 21, 2023

Washington, DC, (August 21, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Guaranty Chevrolet , a family-owned Chevrolet dealer in Junction City, Oregon, has been acquired by CFO Auto Group, Inc.

Investment Banking 52

Investment Banking Sale Banking Bank 52

How2Exit

FEBRUARY 24, 2023

While the Fortune 500 has a small number of people earning seven figures a year, the middle market private equity-backed companies have a much higher number. For example, retail, large-box retail can be a tough industry to navigate in today's economic climate.

Private Equity 130

Private Equity Equities Business Mergers and Acquisitions 130

Mergers and Inquisitions

MARCH 13, 2024

Growth Equity vs. Venture Capital vs. Private Equity This section will focus on Strategy #1 (Late-Stage VC Investing) because Strategy #2 is nearly the same as what most middle-market private equity firms do, but with higher-growth companies. Also, you can get in more easily from a middle-market or boutique bank.

Private Equity 105

Private Equity Equities Capital Portfolio 105

The Deal

AUGUST 16, 2023

About 40% of Arko’s retail stores are in areas with populations of fewer than 20,000 people while 20% of the stores are in areas with populations between 20,000 and 50,000 people, according to its latest earnings presentation on Monday, Aug. Kotler took over as CEO in 2011.

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions Food Investment 52

Focus Investment Banking

SEPTEMBER 24, 2023

With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Auto Aftermarket Group. Contact Giorgio at giorgio.andonian@focusbankers.com.

Business 52

Business Mergers and Acquisitions Negotiation Sale 52

Mergers and Inquisitions

MARCH 13, 2023

Set Up a “Bond Ladder” – You know, just like every retail investor does. And the middle-market and boutique investment banks don’t have much presence in commercial lending anyway, so they’re not at risk of bank runs.

Banking 123

Banking Bank Funds Government 123

Focus Investment Banking

JULY 28, 2023

With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Auto Aftermarket Group. Contact Giorgio at giorgio.andonian@focusbankers.com.

Mergers and Acquisitions 52

Mergers and Acquisitions Private Equity M&A Business 52

Focus Investment Banking

JUNE 5, 2023

With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Auto Aftermarket Group. Contact Giorgio at giorgio.andonian@focusbankers.com.

M&A 52

M&A Capital Management Mergers and Acquisitions 52

Periculum Capital

NOVEMBER 15, 2022

About Periculum Capital Company, LLC Periculum is a leading investment and merchant banking firm serving the corporate finance needs of middle market companies. To discuss any business or transaction matter, reach out to Chris, Sean or any member of the Periculum Capital Company team ( www.periculumcapital.com/team/ ).

Sale 52

Sale IT Government M&A 52

Focus Investment Banking

MAY 22, 2023

With a lifetime spent in is family’s automotive business, he now advises and assists privately held middle market auto aftermarket companies with mergers and acquisitions. Giorgio Andonian is a Managing Director in FOCUS Investment Banking’s Automotive Aftermarket Group. Contact Giorgio at giorgio.andonian@focusbankers.com.

Business 52

Business M&A Sale Valuation 52

Mergers and Inquisitions

JULY 5, 2023

For marketing purposes , the flaws are obvious: you can always cut deal lists a certain way to tell whatever story you want. Undisclosed deal sizes are also an issue in middle- and lower-middle-market league tables because plenty of small companies get acquired for undisclosed prices. billion for the size?

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

JULY 17, 2024

You’ll see deals in industrials , technology , healthcare , power , consumer/retail , real estate , and all the other sectors. Of the middle-market banks , only Jefferies seems to have much of a presence. The Big 4 firms, such as Ernst & Young, PricewaterhouseCoopers, and Deloitte, also advise on smaller M&A deals.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

OCTOBER 18, 2023

If you have a capital markets offer at a bulge bracket and an M&A or industry group offer at a smaller bank, the best decision depends on “how small” the other bank is. If it’s a 5-person regional boutique , take the BB capital markets offer. But if it’s one of the top few middle-market banks (e.g.,

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

MAY 17, 2023

If you go even smaller, you’ll find names like Sumeru (Silver Lake’s middle-market firm), Banneker (founded by ex-Vista employees), Riverwood, and Leeds (with a “knowledge industries” focus). The differences relate mostly to your firm’s strategy and size , not whether you work in tech vs. industrials vs. consumer/retail.

Private Equity 64

Private Equity Equities Recruitment Funds 64

Mergers and Inquisitions

NOVEMBER 1, 2023

Pharmacies are closer to retail companies; nursing facilities are like REITs or real estate; small physicians’ practices are like consulting firms; and HCIT companies could be more like software or IT services firms. Some of these firms might also fall in the “growth equity” category.

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Mergers and Inquisitions

MAY 10, 2023

Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space. If you focus on the capital markets , you’ll still see some of these names (e.g., Lazard also used to be active but has since shut down its Southeast Asia M&A practice.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Focus Investment Banking

FEBRUARY 17, 2025

Behavioral Health, Infusion, and Staffing firms top the list in BRGs survey Many lower middle market private equity groups have revisited their investment priorities as we enter 2025, making room for new opportunities across healthcare verticals.

Private Equity 52

Private Equity Healthcare Equities Investors 52

Lake Country Advisors

JANUARY 13, 2025

Whether you’re a small business owner or managing a middle-market company, aligning with the right expertise can make all the difference in your transaction’s success. Their clients include: Local Retailers and Service Providers : Small shops, restaurants, and service-oriented businesses.

Broker 52

Broker M&A Business Negotiation 52

Mergers and Inquisitions

APRIL 19, 2023

A few middle market and regional boutique names in the space include Canaccord Genuity, Maxit Capital, Cormark, Haywood Securities, and Eight Capital. Despite the positive recent trends, I still wouldn’t recommend metals & mining over sectors like technology , TMT , healthcare , or consumer retail for most people.

Investment Banking 52

Investment Banking Banking Bank Investment 52