Lower Middle Market Weekly Outlook

Transactions:

• Mega-deal: Ardian to sell Diana Group
• GCI invests in River’s End Trading
• Lynx Equity acquires Port-Style Enterprises
• KPS to buy Electrical Components International
• Catterton Partners invests $10.5 million in EyeSee360
• AccelPath and Energy Innovative Products to complete merger in next 45 days

Regulatory/Legal News: Last week, the House Financial Services Committee had a hearing on several JOBS Act 2.0 bills, the House Small Business Committee had a hearing on tax problems for small businesses, and new regulations were imposed for crowdfunding. Read Scott Gluck’s full update here.

Events:

• Tuesday: Axial Member Breakfast in Boston [Wait list only!]
• Thursday: Ironwood Partners hosts a NYC roundtable on “Developing Differentiated Deal Flow“
• Thursday: Capstone hosts a webinar on “Keys to Integration Success“

Opinions:

• Record private equity pay adds new fuel to old tax debate
• How beneficial are mergers for shareholders?
• PE firms swap BRICs for SE Asia and Africa
• Private equity: A CEO’s best friend
• Private equity helps drive African growth
• When trading equity for cash, balance is everything

This week in history… Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Company are merged by Marcus Loew to form MGM (1924).