Peakstone Closed Deal Announcement: Peakstone Advises Collision Repair Business on Growth Capital Transaction

August, 2019. Peakstone served as exclusive financial and M&A advisor to Crash Champions, LLC in connection with its growth capital raise. Founded in 1999, Crash Champions is a growing multi-location collision repair operator with a strong market position in the Midwest. Crash Champions has acquired several shops with strong operations, management and locations in the fragmented collision repair industry and enhanced referral sourcing and profitability. With fresh capital, Crash Champions is well positioned to accelerate its disciplined acquisition strategy.

“I am really proud of our Company’s growth and development and very excited about our future. With excellent capital partners that share our vision for expansion of the business., we can now execute our growth strategy even more quickly,” said Matt Ebert, CEO and founder.

Matt also said, “The Peakstone team was awesome. They understood our value proposition, presented numerous capital options and worked tirelessly to help us figure it all out. I couldn’t have done it without them.”

Terms of the transaction were not disclosed.

For additional information please contact:

Christian Colucci, Managing Director, 312-346-7349, christian@peakstone.com

Alex Fridman, Managing Director, 312-346-7303, afridman@peakstone.com.

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.

Update: Infrastructure M&A Update – August, 2019

August, 2019

Select recent notable publicly announced M&A transactions:

– Aurora Capital Partners acquired Petroleum Services Corporation for $335 million.

– Brookhaven Capital Partners acquired Pioneer Railcorp for $72 million.

– IFM Investors acquired Buckeye Partners for $10.5 billion.

– DP World acquired Fraser Surrey Docks. Terms were not disclosed.

– MPLX acquired Andeavor Logistics for $3.3 billion.

– Macquarie acquired Long Beach Container Terminal for $1.8 billion.

– J.P. Morgan Asset Management acquired a stake in Nieuport Aviation Infrastructure Partners GP, the owner and operator of the passenger terminal at Billy Bishop Toronto City Airport. Terms were not disclosed.

– Blackstone acquired Tallgrass Energy for $3.2 billion.

Update: Restaurant Industry Insight Spotlight on Fast Casual M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 79% of Restaurant M&A transactions. During 2018, strategic buyers accounted for 82% of the transactions.

Select recent notable publicly announced M&A transactions:

– The Cheesecake Factory acquired Fox Restaurant Concepts for $223 million.

– L Catterton acquired Del Frisco’s for approximately $841 million.

– Durational Capital Partners and The Jordan Company acquired Bojangle’s for approximately $770 million.

– Inspire Brands acquired Sonic for approximately $2.3 billion.

– Spice Private Equity acquired Bravo Brio Restaurant Group for approximately $100 million.

Update: Industrials and Manufacturing M&A Update – August, 2019

August, 2019

In 2019 YTD, strategic buyers accounted for 91% of Industrials and Manufacturing M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Advanced Drainage Systems acquired Infiltrator Water Technologies for approximately $1.1 billion.

– Hudson Products Corporation acquired Air-X-Changers for approximately $592 million.

– Harsco acquired The Compass Group for approximately $628 billion.

– Waste Management acquired Advanced Disposal Services for approximately $4.9 billion.

– Hitachi acquired JR Automation Technologies for approximately $1.4 billion.

Update: Technology and Software M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 97% of Technology M&A transactions. During 2018, strategic buyers accounted for 92% of the transactions.

Select recent notable publicly announced M&A transactions:

– Salesforce acquired Tableu for $17.3 billion.

– Global Payments acquired TSYS for approximately $26.7 billion.

– FIS acquired WorldPay for $43.6 billion.

– Fiserv acquired First Data for approximately $41.7 billion.

– IBM acquired Redhat for approximately $35.6 billion.

Update: E-Commerce M&A Update – August, 2019

August, 2019

Through 2019 YTD, strategic buyers accounted for 92% of the E-Commerce M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 88% of the transactions.

Select recent notable publicly announced M&A transactions:

– Etsy acquired Reverb for approximately $275 million.

– Hangzhou Lianluo Interactive acquired Newegg for approximately $180 million.

– Nutrisystem acquired Tivity Health for approximately $1.4 billion.

– World Group acquired Original Stitch for approximately $22 billion.

– Quarate Retail Group acquired HSN for approximately $1.8 billion.

– Snapfish acquired Cafe Press for approximately $26 million.

Update: Consumer and Retail M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 65% of Consumer and Retail M&A transactions. During 2018, strategic buyers accounted for 69% of the transactions.

Select recent notable publicly announced M&A transactions:

– Perrigo Company entered an agreement to acquire Ranir for $750 million.

– Tivity Health acquired Nutrisystem for $1.4 billion.

– Platinum Equity acquired Jostens for $1.3 billion.

– ARG Holdings acquired Sonic for $2.3 billion.

– Vintage Investment Partners acquired Rent-A-Center for $1.3 billion.

– Marriott Vacations Worldwide Corp. acquired ILG Inc. for about $5.8 billion.

– Tenneco acquired Federal-Mogul for $5.4 billion.

– Peakstone advises Erehwon Mountain Outfitter on sale of company to Camping World Holdings, Inc. (NYSE:CWH) for an undisclosed amount.

– Arby’s Restaurant Group Inc. acquired Buffalo Wild Wings Inc. for approximately $2.9 billion.

– American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) acquired Metaldyne Performance Group Inc. for approximately $3.42 billion.

– BPS Direct, L.L.C. acquired Cabela’s Incorporated (NYSE:CAB) for approximately $8.67 billion.

– Circle K Stores Inc. acquired CST Brands, Inc. (NYSE:CST) for approximately $6.09 billion.

– Rye Parent Corp. acquired Panera Bread Company (NasdaqGS:PNRA) for approximately $7.66 billion.

Update: Food and Beverage M&A Update – August, 2019

August, 2019

For 2019 YTD, strategic buyers accounted for 86% of Food and Beverage M&A transactions. During 2018, strategic buyers accounted for 91% of the transactions.

Select recent notable publicly announced M&A transactions:

– KKR acquires Arnott’s Biscuit Holdings for $2.2 billion.

– Mckee Foods acquires Prairie City Bakery for an undisclosed sum (represented by Peakstone).

– Butterfly Enterprises acquires Bolthouse Farms for $510 million.

– E&J Gallo Winery acquires a portfolio of wine and spirits brands from Constellation Brands for $1.7 billion.

– Ferrero International acquires the cookies and fruit snacks business of Kellogg’s for $1.3 billion.

Update: IT Services M&A Update – August, 2019

August, 2019

In 2019 YTD, strategic buyers accounted for 100% of IT Services M&A activity; during 2018, strategic buyers accounted for approximately 90% of the transactions.

Select recent notable publicly announced M&A transactions:

– Intercontinental Exchange acquires Simplifile for $335 million.

– Fidelity National Information Services acquires Worldpay for $43.6 billion.

– Mastercard Incorporated acquires Trans-Fast Remittance for $450 million.

– Juniper Networks acquires Mist Systems for $405 million.

– ACI Worldwide acquires SpeedPay for $750 million.

– CACI acquires LGS Innovations for $750 million.

– Repay Holdings Corporation acquires Hawk Parent Holdings for $643 million.

– Fiserv acquires First Data Corporation for $41.8 billion.

– CVC Capital Partners acquires ConvergeOne Holdings for $1.7 billion.

Update: Packaging M&A Update – August, 2019

For 2019 YTD, strategic buyers accounted for 95% of the Packaging M&A transactions while financial buyers made up the difference. During 2018, strategic buyers accounted for approximately 84% of the transactions.

Select recent notable publicly announced M&A transactions:

– Cascades acquires certain assets of Orchids Paper for $216 million.

– Warburg Pincus acquires Pregis Corporation for $1.3 billion.

– Greif Packaging acquires Caraustar Industries for $1.8 billion.

– One Madison Corporation acquires Ranpak Corp. for $950 million.

– Berry Global Group acquires Laddawn for $242 million.