Wincove Private Holdings Recapitalizes USBid, Inc.
November 3, 2022
Wincove Private Holdings, LP has recapitalized USBid, Inc., a Palm Bay, Florida-based value-added distributor of hard-to-find and end-of-life electronic components. The transaction provides USBid with permanent capital to support growth, expand testing services, and deepen customer relationships while Wincove partners with management (including appointing Matt McIntosh as CEO).
- Buyers
- Wincove Private Holdings, LP
- Targets
- USBid, Inc.
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Wincove and Ironwood Capital Recapitalize Elite Equipment Rental
May 10, 2024
Industrial Services
Wincove Private Holdings, with participation from Ironwood Capital, recapitalized and provided growth capital to Elite Equipment Rental, LLC and its subsidiary Elite Parts, LLC. The transaction funds fleet growth, parts inventory and geographic expansion while Founder and President Chris Chapman remains in his leadership role.
-
Wincove Recapitalizes Sommers Generator Systems
September 3, 2024
Manufacturing
Wincove Private Holdings has recapitalized Sommers Generator Systems, partnering with President Chris McGregor who will remain in place alongside other existing investors. The investment will support Sommers' next phase of growth, including organic expansion of its geographic and service footprint and pursuit of additional acquisitions.
-
Wincove Invests in Fortbrand Services
April 9, 2019
Aerospace & Defense
Wincove Private Holdings has made a minority/growth investment in Fortbrand Services, a provider of aircraft ground support and airfield maintenance equipment. Wincove will partner with existing management (including Peter Stearn) and industry executive Salvatore Calvino to support Fortbrand's strategic growth across North America and Europe.
-
Bain Capital Ventures and Insight Venture Partners Recapitalize SolarWinds.net
September 1, 2023
Software
Bain Capital Ventures and Insight Venture Partners completed a recapitalization of SolarWinds.net, a privately held network management and systems software developer headquartered in Tulsa, Oklahoma. The equity transaction gave Bain and Insight a majority stake while preserving management and granting equity to key personnel to support continued growth and product expansion.
-
Adaptec Solutions (Wincove Portfolio Company) Acquires Integrated Solutions, LLC
November 17, 2020
Industrial Services
Adaptec Solutions, a portfolio company of Wincove Private Holdings, has acquired Integrated Solutions, LLC, a Memphis-based provider of custom engineered-to-order material handling equipment and complex conveyor systems. The add-on expands Adaptec's conveyor capabilities, adds an attractively located facility in Memphis, and broadens regional service coverage.
-
CID Capital Recapitalizes Wiseway
September 30, 2022
Building Products
Indianapolis-based private equity firm CID Capital has partnered with Wiseway (a Florence, Kentucky-based distributor of electrical, plumbing, and lighting supplies) in a recapitalization to support the company’s next phase of growth. Reinsurance Group of America provided financing for the transaction; Wiseway’s president John Cain will continue to partner with CID and the company will implement a formal board to drive growth and profitability.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.