Tracked deals
13
13 tracked deals across 2009-2024.
Private Equity Firm
Financial Services
IBC Funds
Dallas, Texas, United States
Licensed Small Business Investment Company (SBIC) providing flexible capital solutions to lower middle-market companies, including acquisitions, leveraged buyouts, recapitalizations, and growth (with SBIC fund investing/co-investing activity).
- Focus Areas
- Small Business Investment Company (SBIC), Private investment funds
- Website
- www.ibcfund.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
5 buyout · 4 recapitalization · 3 growth capital
IBC Funds Acquisition Volume by Year
Last 4 years
Supporting Data
Recent Transactions
Showing the 12 most recent of 13 tracked deals for IBC Funds.
-
- Buyer
- Patriot Capital, Independent Bankers Capital Funds, Capital For Business, Konza Valley Capital, Jeff Reitz
- Target
- Central States Bus Sales, Inc.
- Industry
- Transportation
- Location
- Missouri, United States
- Type
- Recapitalization
Patriot Capital led a debt and equity co-investment to support a majority recapitalization of Central States Bus Sales, Inc. The transaction included co-investors Independent Bankers Capital Funds, Capital For Business, Konza Valley Capital and CSBS President & CEO Jeff Reitz, and provides capital to support the dealer’s long-term growth and geographic expansion across its multi-state territory.
-
December 12, 2023
- Buyer
- Exeter Street Capital Partners, IBC Funds, Siguler Guff, Members of the SmartLab leadership team
- Target
- Creative Learning Systems, LLC (d/b/a SmartLab)
- Industry
- Education
- Location
- Colorado, United States
- Type
- Recapitalization
Exeter Street Capital Partners led a majority recapitalization of Creative Learning Systems, LLC (d/b/a SmartLab) in partnership with IBC Funds, Siguler Guff, and members of SmartLab's leadership team. The investment will support SmartLab's growth plans to expand its national footprint and scale its turnkey, tech-enabled STEM learning environments for K-12 schools.
-
October 27, 2023
- Buyer
- Hemingway Capital, Parkway Capital, Spring Capital Partners, IBC Funds
- Target
- Chibuzo, LLC
- Seller
- Werner and Theresa Hugo
- Industry
- Manufacturing
- Location
- Arkansas, United States
- Type
- Recapitalization
New York-based private equity firm Hemingway Capital led a recapitalization of Chibuzo, LLC, a Fort Smith, Arkansas manufacturer of wood pallets and crates, partnering with Werner and Theresa Hugo. The transaction was financed with subordinated debt and preferred equity provided by Spring Capital Partners, Parkway Capital (a Calvert Street affiliate) and IBC Funds to support the acquisition/recapitalization.
-
January 9, 2023
- Buyer
- Exeter Street Capital Partners, Harbert Credit Solutions, IBC Funds, Andrew Tosh (Founder & CEO)
- Target
- Yebo Group
- Industry
- Packaging
- Location
- California, United States
- Type
- Recapitalization
Exeter Street Capital Partners completed a majority recapitalization of Yebo Group, partnering with Harbert Credit Solutions, IBC Funds and Yebo founder and CEO Andrew Tosh. The investment will support Yebo — a Tustin, California specialty packaging converter — as a platform for growth, capability innovation (particularly in sustainable agricultural packaging) and accretive add-on acquisitions.
-
January 1, 2023
- Buyer
- Capital For Business, Inc. (CFB), Independent Bankers Capital Fund (IBCF), Joseph Adorjan family, Dan McKeague
- Target
- Kupferle, LLC
- Seller
- Dan McKeague
- Industry
- Manufacturing
- Location
- Missouri, United States
- Type
- Buyout
Capital For Business, Inc. (CFB), together with affiliates Independent Bankers Capital Fund (IBCF) and the Joseph Adorjan family, completed an investment in Kupferle, LLC, a St. Louis-based manufacturer of water hydrants, sampling stations and monitoring/flushing solutions. Founder Dan McKeague partnered with the investor group, remains involved as a board member and investor, and Michael Adorjan has joined Kupferle as CEO as the group looks to pursue organic growth and potential add-on acquisitions.
-
December 22, 2022
- Buyer
- Capital For Business, Inc. (CFB), Independent Bankers Capital Fund (IBCF)
- Target
- Innvoke, LLC
- Seller
- David Kovacs
- Industry
- Marketing & Advertising
- Location
- New Jersey, United States
- Type
- Buyout
Capital For Business (CFB), a St. Louis-based SBIC private investment firm, completed a control investment in Innvoke, LLC, a Cranbury, New Jersey-based marketing and commercial printing company. Affiliates of CFB and Independent Bankers Capital Fund (IBCF) provided subordinated debt and equity; founder David Kovacs moved to a board role and co-investor status while Jay Ziegler joined as President. The investment is intended to support growth and build out a nationwide commercial printing services provider.
-
September 22, 2022
- Buyer
- Evolve Capital, Patriot Capital, IBC Funds, Mickey Atkins, Dr. Tonia Ryan
- Target
- Global Behavior Education Alliance, Inc.
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Type
- Growth capital
Evolve Capital led a growth investment into Global Behavior Education Alliance, Inc. (GBE), joined by Patriot Capital, IBC Funds, Mickey Atkins and GBE founder Dr. Tonia Ryan. GBE is an Applied Behavior Analysis (ABA) therapy provider operating five clinics across Tennessee; the investors will support the company’s continued growth and expansion of services and footprint while Dr. Ryan and Mickey Atkins remain in senior leadership roles.
-
February 2, 2022
- Buyer
- Independent Bankers Capital Funds
- Target
- C& C Sage, Inc.
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Buyout
C& C Sage, Inc. (C& C), a countertop fabrication provider serving new home and luxury markets in Central Texas, was acquired by Independent Bankers Capital Funds (IBCF). The deal closed in December 2021, with Focus Strategies Investment Banking serving as C& C’s exclusive financial advisor.
-
December 16, 2020
- Buyer
- Northstar Capital, Convergent Capital
- Target
- Vectair Systems
- Industry
- Manufacturing
- Location
- United Kingdom
- Type
- Growth capital
Northstar Capital has made a junior capital investment in Vectair Systems, a portfolio company of Arcspring and Oxbow Industries. Northstar partnered with Convergent Capital to provide a one-stop debt facility and an equity co-investment to help the sponsors finance the transaction. Vectair, founded in 1990, supplies air care, sanitization and hygiene dispensers and refill solutions to janitorial and commercial customers across the UK, the US and globally.
-
January 8, 2020
- Buyer
- Texas Next Capital, LP, Independent Bankers Capital Fund (IBC Funds), Frost Bank
- Target
- Capital Precast
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Growth capital
Texas Next Capital has completed a growth investment in San Marcos-based Capital Precast, partnering with Independent Bankers Capital Fund and Frost Bank to provide additional capital to support the company's next phase of growth. Capital Precast, founded by Ash and Renee Wineinger in 1997, manufactures precast concrete utility products (manholes, storm drain, sewage and electrical structures) from an 80,000 sq. ft. PCI-recognized facility serving South and Central Texas.
-
September 26, 2016
- Buyer
- Acorn Growth Companies, Congruent Investment Partners, Independent Bankers Capital Funds, Omega Capital, Arvest Bank
- Target
- Raisbeck Engineering Inc.
- Industry
- Aerospace & Defense
- Location
- Washington, United States
- Type
- Buyout
Acorn Growth Companies has acquired Raisbeck Engineering Inc., a Seattle-based developer and manufacturer of aircraft performance improvement systems. Participating financing and investment partners included Congruent Investment Partners, Independent Bankers Capital Funds, Omega Capital and Arvest Bank. Founder James D. Raisbeck will remain as chairman and the company will continue to operate under its brand; financial terms were not disclosed.
-
July 19, 2011
- Buyer
- Blackford Capital, Convergent Capital, Comerica Bank
- Target
- Key Health Medical Solutions, Inc.
- Industry
- Healthcare Services
- Location
- California, United States
- Type
- Buyout
Blackford Capital, a Grand Rapids-based private equity firm, has acquired Key Health Medical Solutions, a Westlake Village, California-based medical-legal funding and medical debt purchaser. Blackford partnered with Convergent Capital and financing from Comerica Bank to complete the buyout and plans to grow Key Health organically and via add-ons to scale its portfolio assets.
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
4 tracked deals by IBC Funds.
Healthcare Services Buyers & Acquisitions
2 tracked deals by IBC Funds.
Aerospace & Defense Buyers & Acquisitions
1 tracked deal by IBC Funds.
Building Products Buyers & Acquisitions
1 tracked deal by IBC Funds.
Acquisitions in California
2 tracked deals by IBC Funds.
Acquisitions in Missouri
2 tracked deals by IBC Funds.
Acquisitions in Texas
2 tracked deals by IBC Funds.
Acquisitions in Arkansas
1 tracked deal by IBC Funds.
Selling a company? Get in front of buyers like IBC Funds
Turn tracked acquisition activity into an outreach-ready buyer list.