decor decor
"Learning never exhausts the mind."

-Leonardo da Vinci

H.I.G. Capital Acquires Iron Bow Technologies

martinwolf Transaction Analysis
Financial Information*
  • Enterprise Value                                        N/A
  • EV/LTM Revenue                                      N/A
  • EV/LTM EBITDA                                        N/A
Transaction Facts
  • Private equity firm H.I.G. Capital announced today one of its affiliates has acquired a majority interest in Iron Bow Technologies, an IT solution provider serving government, commercial and healthcare clients.
  • Iron Bow President and CEO Rene LaVigne and the executive team will continue to lead the company.
  • No financial terms were disclosed.
Diversifying A Strong Portfolio
  • Growth Areas: With over $27B of equity capital under management, H.I.G. has a diverse family of funds including private equity, growth equity, real estate, debt/credit, lending and biohealth. The firm has made several investments this year, including acquisitions of waste equipment manufacturer Wastequip, therapy provider Reliant Rehabilitation Holdings, and HR consulting firm Buck. Meanwhile, Iron Bow is the third government services platform investment to be made in the past year.  
  • M&A Strategy: Iron Bow’s financial backing from its PE parent will strengthen its organic investment strategy. The company is on the lookout for target strategic acquisitions that will help the company expand its existing portfolio, broaden its offerings and gain greater diversity in the market.
  • Attractive Offerings: H.I.G. Managing Director Jeff Zanarini emphasized Iron Bow’s position as a market leader for IT products and services in all levels of the government, with its cost-effective solution creating a powerful go-to-market strategy.
For more information about this transaction, click here to read the press release.
*Financial information from the article.
 
martinwolf was not the advisor in this transaction.
previous post Back to Articles next post

02 Aug 2021

TowerBrook Capital Partners Makes Strategic Investment in EisnerAmper LLP

Transaction Details TowerBrook Capital Partners, an international investment management firm, has made a strategic investment in EisnerAmper, one of the largest professional services firms in the world, offering premier accounting, tax and business advisory services. The firm will now operate two divisions: EisnerAmper LLP, a licensed CPA firm, will provide attest services; and Eisner Advisory Group LLC,...

16 Jul 2021

Platinum Equity Acquires Ingram Micro

*Financial Information ($USD) Enterprise Value:         $7.2 Billion EV/FY20 Revenue:      0.15x Transaction Details Platinum Equity announced that it has completed the acquisition of Ingram Micro Inc. from HNA Group. Ingram Micro’s total enterprise value in the transaction was $7.2 billion, including $5.9 billion in equity value Ingram will retain CEO Alain Monié and...

13 May 2021

NWN Corp. Acquires Carousel Industries

Financial Information ($USD) Not Disclosed Transaction Details NWN Corporation, a leading Cloud Communications Service Provider (CCSP), announced yesterday that it will acquire fellow solutions provider Carousel Industries. Financial terms of the deal were not disclosed. New State Capital Partners, majority stakeholder of NWN since 2015, is backing the transaction which will form a combined company...