Tracked deals
6
6 tracked deals across 2021-2022.
Private Equity Firm
Financial Services
Lightspring Capital Partners
Chicago, Illinois, United States
Lightspring Capital Partners is a private investment firm dedicated to partnering with lower middle market businesses to build value, providing first institutional capital to support founder- and family-owned companies during ownership transitions and for long-term growth.
- Focus Areas
- Control equity / mezzanine investing, Private equity (lower middle market)
- Website
- lightspringcapitalpartners.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
5 buyout · 1 recapitalization
Lightspring Capital Partners Acquisition Volume by Year
Last 2 years
Supporting Data
Recent Transactions
-
December 23, 2022
- Buyer
- Akoya Capital, LLC, Trinity Investors, Slawek Family Holdings, Lightspring Capital Partners, Wintrust Bank
- Target
- Devansoy, Inc.
- Industry
- Food & Beverage
- Location
- Illinois, United States
- Type
- Buyout
Akoya Capital led an investment in Devansoy, Inc., a Rock City, Illinois-based manufacturer of soy, oat, and pea protein ingredients, to establish its Specialty Ingredients platform. The transaction was financed with partners Trinity Investors, Slawek Family Holdings, Lightspring Capital, and Wintrust Bank; Devansoy CEO Deb Wycoff made a significant reinvestment and Dinan Capital served as Devansoy's exclusive financial advisor.
-
- Buyer
- LaSalle Capital, Lightspring Capital I, LP
- Target
- Great Lakes Potato Chips (Great Lakes Potato Chip Company)
- Seller
- Founders / Shareholders (Ed and Chris Girrbach)
- Industry
- Food & Beverage
- Location
- Michigan, United States
- Type
- Buyout
LaSalle Capital, in partnership with Lightspring Capital I, LP, has completed the acquisition of Great Lakes Potato Chips, a Traverse City, Michigan-based kettle-cooked potato chip manufacturer founded by Ed and Chris Girrbach. The founders remain involved (Chris Girrbach will stay on as CEO) and the buyers intend to accelerate growth into new states and accounts across retail, foodservice distributors and direct-to-consumer channels.
-
April 14, 2022
- Buyer
- Woodlawn Partners, Lightspring Capital Partners
- Target
- Active Roofing Company
- Industry
- Construction
- Location
- Illinois, United States
- Type
- Recapitalization
Woodlawn Partners and Lightspring Capital Partners acquired a controlling interest in Active Roofing Company; Active Roofing management will retain a meaningful ownership stake. Prairie Capital Advisors served as exclusive financial advisor to Active Roofing; terms were not disclosed. The transaction is positioned to support ownership transition and growth opportunities for the roofing contractor.
-
December 17, 2021
- Buyer
- KCM Capital Partners LLC, Lightspring Capital Partners, Midwest Mezzanine Funds
- Target
- ICAT Logistics, Inc.
- Industry
- Transportation
- Location
- Maryland, United States
- Type
- Buyout
Chicago-based private investment firm KCM Capital Partners led the acquisition of Elkridge, Maryland-headquartered ICAT Logistics, with equity and subordinated debt support from Lightspring Capital Partners and Midwest Mezzanine Funds and senior debt provided by Live Oak Bank. ICAT's founder and management remain invested and will continue to run the business; the deal positions ICAT for accelerated growth through expansion of its agency network and strategic acquisitions.
-
December 14, 2021
- Buyer
- First Capital Partners, Lightspring Capital Partners, Tyrian Capital
- Target
- Champion Insulation, Modern Insulation
- Industry
- Building Products
- Location
- United States
- Type
- Buyout
First Capital Partners provided subordinated debt and equity financing, in partnership with Lightspring Capital and Tyrian Capital, to support the acquisitions of Champion Insulation and Modern Insulation — manufacturers of the Weather Blanket brand of cellulose fiber insulation. The investment supports consolidation of regional cellulose-insulation manufacturers that have served customers across the Upper Midwest for decades.
-
September 2, 2021
- Buyer
- Lightspring Capital Partners, NewSpring Mezzanine (NewSpring)
- Target
- Joneca Corporation
- Industry
- Consumer Products
- Location
- California, United States
- Type
- Buyout
Lightspring Capital Partners acquired Anaheim-based Joneca Corporation, a maker of garbage disposals and other residential kitchen products. NewSpring Mezzanine (part of NewSpring) provided subordinated debt and equity to support the transaction, positioning Joneca for expanded manufacturing capacity, e-commerce growth, and domestic and international market expansion.
Related Acquisition Pages
Food & Beverage Buyers & Acquisitions
2 tracked deals by Lightspring Capital Partners.
Building Products Buyers & Acquisitions
1 tracked deal by Lightspring Capital Partners.
Construction Buyers & Acquisitions
1 tracked deal by Lightspring Capital Partners.
Consumer Products Buyers & Acquisitions
1 tracked deal by Lightspring Capital Partners.
Acquisitions in Illinois
2 tracked deals by Lightspring Capital Partners.
Acquisitions in California
1 tracked deal by Lightspring Capital Partners.
Acquisitions in Maryland
1 tracked deal by Lightspring Capital Partners.
Acquisitions in Michigan
1 tracked deal by Lightspring Capital Partners.
Selling a company? Get in front of buyers like Lightspring Capital Partners
Turn tracked acquisition activity into an outreach-ready buyer list.