Tracked deals
23
23 tracked deals across 2017-2025.
Private Equity Firm
Financial Services
Merit Capital Partners
Chicago, Illinois, United States
Middle-market private equity firm investing equity and mezzanine capital in established manufacturing, distribution, and services companies, with an emphasis on recapitalizations and buyout transactions.
- Focus Areas
- Private Equity, Equity and Mezzanine Financing
- Website
- www.meritcapital.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
12 buyout · 5 addon · 4 recapitalization
Merit Capital Partners Acquisition Volume by Year
Last 8 years
Supporting Data
Recent Transactions
Showing the 12 most recent of 23 tracked deals for Merit Capital Partners.
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- Buyer
- Merit Capital Partners, Fulton Capital LLC, Carl Markestad
- Target
- Carl's Place, LLC
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Type
- Growth capital
Merit Capital Partners and Fulton Capital partnered with Carl Markestad to provide equity (and subordinated debt from Merit) in Carl’s Place, a Milton, Wisconsin-based manufacturer and distributor of customizable golf simulator packages. The investment funds are intended to support growth and scale the company’s manufacturing and distribution of simulator enclosures, mats, screens and related products for residential and commercial customers.
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March 22, 2024
- Buyer
- Merit Capital Partners
- Target
- Kemper Equipment, Inc.
- Seller
- Greg Donecker (majority owner), Existing shareholders
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Type
- Recapitalization
Merit Capital Partners has completed a recapitalization of Kemper Equipment, Inc., a Honey Brook, Pennsylvania-based provider of material handling and mineral processing equipment and system design services. The transaction brings a value-added private equity partner to support Kemper’s continued organic growth and pursue add-on acquisitions; Founders Advisors acted as financial advisor to the company.
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- Buyer
- Merit Capital Partners, Fulton Capital
- Target
- AFX, Inc.
- Industry
- Manufacturing
- Location
- Illinois, United States
- Type
- Buyout
Merit Capital Partners and Fulton Capital partnered with AFX management to acquire AFX, Inc., a Waukegan, Illinois-based designer, assembler and distributor of contemporary and decorative lighting fixtures. Merit provided subordinated debt and equity to support the transaction; the deal positions AFX to continue expanding sales and improving operations across its commercial, residential and hospitality end markets.
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- Buyer
- P2G Capital, Merit Capital Partners, Circuit Check management
- Target
- Circuit Check Holdings, Inc.
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Type
- Buyout
P2G Capital partnered with Merit Capital Partners and Circuit Check management to acquire Circuit Check Holdings, Inc., a Maple Grove, Minnesota–based designer and manufacturer of precision test systems and test automation solutions. The investors intend to position Circuit Check as a growth platform to introduce new technologies and expand its offerings across end markets including IT, aerospace & defense, medical and automotive.
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December 8, 2023
- Buyer
- Onward Capital, Merit Capital Partners
- Target
- PFI InStore
- Seller
- Capital For Business, Konza Valley Capital, Inc., MidStates Capital L.P., Diamond State Ventures, Northcreek Mezzanine
- Industry
- Manufacturing
- Location
- Missouri, United States
- Type
- Buyout
Onward Capital and Merit Capital Partners acquired PFI InStore, a St. Louis–area designer and manufacturer of retail point-of-purchase displays and store fixtures. The transaction transfers ownership from a group of prior financial sponsors and positions PFI for operational enhancements, continued acquisitions, and expansion into new end markets.
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- Buyer
- Ancor Capital Partners, Merit Capital Partners
- Target
- DISPLAYIT Inc.
- Industry
- Marketing & Advertising
- Location
- California, United States
- Type
- Growth capital
Southlake-based private equity firm Ancor Capital Partners, alongside Chicago-based Merit Capital Partners, has made an investment in Irvine, California-based DISPLAYIT Inc., a designer and manufacturer of structured experiential environments. The capital will support DISPLAYIT’s next phase of growth and operational expansion; terms were not disclosed.
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- Buyer
- Merit Capital Partners, BlueArc Capital Partners, CyCan management
- Target
- CyCan Industries, Inc.
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Buyout
Merit Capital Partners and BlueArc Capital Partners partnered with CyCan management to acquire CyCan Industries, Inc., a Woodstock, Georgia–based developer and manufacturer of specialty aerosol and chemical products. Merit provided subordinated debt and equity as part of the transaction; the investment aims to support continued growth of CyCan's contract manufacturing and branded Quality Aerosols business across construction, HVAC, woodworking, household and automotive end markets.
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December 7, 2022
- Buyer
- Merit Capital Partners, Six Pillars Partners, Active management (company leadership)
- Target
- Red Square Agency, Inc., Foundry, LLC
- Industry
- Marketing & Advertising
- Location
- United States
- Type
- Recapitalization
Merit Capital Partners partnered with Six Pillars Partners and the company's management to merge and recapitalize Red Square Agency, Inc. (Mobile, Alabama) and Foundry, LLC (Reno, Nevada) to form Good Giant, a full-service integrated marketing agency focused on the casino and hospitality sectors. Merit provided subordinated debt and equity as part of the transaction, which represents the firm's fourth platform investment by Fund VII.
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August 10, 2022
- Buyer
- Imperial Group, LLC, Lorentzen Investments, LLC, Ashland Capital Partners LLC, Graycliff Partners LP
- Target
- Metaltec Steel Abrasive Company
- Seller
- Corinthian Capital Group, LLC
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Recapitalization
Affiliates of Imperial Group, Lorentzen Investments and Ashland Capital Partners acquired Metaltec Steel Abrasive Company from Corinthian Capital Group in a transaction structured as a recapitalization. Graycliff Partners provided a subordinated debt facility and a minority equity co-investment to support the recapitalization; Fifth Third provided a senior credit facility to support the financing package.
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February 18, 2022
- Buyer
- Angstrom Technology, ASGARD Partners & Co.
- Target
- Connect 2 Cleanrooms Ltd.
- Industry
- Industrial Services
- Location
- Lancashire, United Kingdom
- Type
- Addon
Angstrom Technology, a portfolio company of ASGARD Partners & Co., has acquired Connect 2 Cleanrooms Ltd. (C2C), a Lancaster, UK-based provider of cleanroom design, build and testing services. The acquisition expands Angstrom's geographic footprint into Europe, broadens its capabilities (including C2C's e-commerce consumables platform), and will retain C2C's CEO Joe Govier and existing management.
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- Buyer
- Angstrom Technology, ASGARD Partners & Co.
- Target
- Specific Environments Limited
- Industry
- Industrial Services
- Location
- Buckinghamshire, United Kingdom
- Type
- Addon
ASGARD Partners’ portfolio company Angstrom Technology has acquired UK-based Specific Environments Limited (SEL) to expand its European footprint and add specialized cleanroom design and engineering capabilities. The deal is the third add-on to the Angstrom platform in six months and will allow the combined business to better serve life sciences, biotech, pharmaceutical and NHS customers with integrated design, build, compliance and maintenance services.
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February 1, 2022
- Buyer
- Aiglon Capital Management, Merit Capital Partners, Robert Propét, Company management
- Target
- Propét Footwear, Inc.
- Industry
- Manufacturing
- Location
- Washington, United States
- Type
- Buyout
Aiglon Capital, together with Merit Capital Partners, founder Robert Propét and company management, has acquired Propét Footwear, a designer, manufacturer and distributor of comfort and medical footwear headquartered in Auburn, Washington. Merit provided subordinated debt and equity to support the transaction as Aiglon executes its strategy of building market-leading manufacturing and distribution platforms in the lower middle market.
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
10 tracked deals by Merit Capital Partners.
Industrial Services Buyers & Acquisitions
5 tracked deals by Merit Capital Partners.
Building Products Buyers & Acquisitions
2 tracked deals by Merit Capital Partners.
Consumer Products Buyers & Acquisitions
2 tracked deals by Merit Capital Partners.
Acquisitions in Michigan
2 tracked deals by Merit Capital Partners.
Acquisitions in New Jersey
2 tracked deals by Merit Capital Partners.
Acquisitions in Texas
2 tracked deals by Merit Capital Partners.
Acquisitions in California
1 tracked deal by Merit Capital Partners.
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