Happy Friday and thanks to the 38 new subscribers who joined since the last edition. We’re the only news source tracking lower middle market M&A. Our goal is to keep you up to date on the latest information/transactions in the market and highlight market participants that are doing interesting things in the space.

This Week’s Feature

On the heels of last week’s search fund edition, we wanted to highlight an active search fund in this week’s edition: Deer Point Partners. Tim Buehn is the Founder and Managing Director of Deer Point Partners. Prior to founding the firm, Tim served in the Navy as a fighter pilot, operations officer, and safety office before embarking on an MBA degree through Harvard Business School. While pursuing his MBA, Tim spent time as a summer associate at McKinsey and at a tech-enabled, mortgage platform, UpEquity.

Given his background as a collaborative team builder and leader in both combat and the business world, Tim decided to dedicate the next portion of his life to acquiring and operating a high-quality company in the B2B services space. He is supported by an array of experienced operators and institutional investors including Pacific Lake Partners, Trilogy Search Partners, Miramar Equity Partners, and Aspect Investors. We look forward to following Tim’s journey as an operator where he has no shortage of lessons he can apply from his experience in both the public and private sector.

Know of an opportunity for Tim or want to reach out? You can do so through timbuehn@deerpointpartnersllc.com.

This Week’s LMM Activity

Platinum Equity was active in acquiring manufacturer of protective cases, Pelican Products Link

Platinum Equity also acquires manufacturer and distributor of professional-grade cutting tools, Oregon Tool Link

The CapStreet Group invests in Credit Bureau Connection, a credit report and compliance solutions to the automotive and consumer finance industries Link

BRS & Co. acquires powersports company, Tolemar, from Vopne Capital Link

Silver Oak Services Partners invests in cloud hosting services co., Summit Hosting Link

The Cranemere Group buys outpatient imaging operator for $400M from ICV Partners Link

Concentric Equity Partners and Northaven Capital Partners sell wind energy services and repair company, Airway Services, to Takkion Link

Hernando County Emergency Physicians joins Varsity Healthcare Partners-backed Emergency Care Partners Link

MPE Partners invests in arts and crafts consumer goods co., DecoArt Link

RiverGlade Capital-backed CityVet continues expansion with acquisition of River City Companion Animal Hospital Link

Other Stuff

HBR: The 5 fronts of digital transformation in the middle market Link

The great resignation is accelerating Link

A secretive hedge fund is gutting newsrooms Link