Deal-making has shown no signs of slowing down and continued at a frenzied pace this last week. Huron Capital recently announced an HVAC deal to help give the company a strong and growing presence in Texas. Meanwhile, Boyne Capital was active with an acquisition in the building materials space. It’s no secret that the restaurant industry suffered significant losses from the pandemic. Keep an eye on Mercato Partners who recently closed on a $100m Savory Fund II to focus on lower middle market restaurants. Lastly, keep reading below to see why evergreen funds are changing how allocators invest in the market.
This Week’s LMM Activity
Huron Capital's Pueblo Mechanical & Controls Expands Footprint with Texas Acquisition
Independent Sponsor, Sileo Capital, Acquires Excel Utility Contractors
Boyne Capital Acquires Masters Lumber and Hardware
Validor Capital’s Portfolio Company, The Marwin Company, Acquires Manufacturer of Building Products
PE-Firm Havencrest Enters Hospice Space with Paradigm Health Investment
PE-backed Polished Metals Buys Architectural Metal Polishing
Sunbelt Waterproofing and Restoration Receives Growth Capital from Northaven and Concentric
Platinum Equity Acquires Flooring Distributor Paramount Global Surfaces
LMM Fundraising
Avesi Partners Closes Initial Fund At $875 Million
Endeavour Capital Racks up $850m for Eighth Fund
Taurus Private Markets Raises $112 Million Debut Private Equity Fund
Mercato Partners Closes $100m Savory Fund II to Focus on Lower Middle Market Restaurants
Food For Thought
Minimizing the Escrow: Preparing a Business For Sale
