Halpern Denny Mergers and Acquisitions Summary

Private Equity Firm Profile

Halpern Denny’s most common sectors for investment arehealthcare services (28%) and marketing (19%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (64%) and venture (28%). In total, Halpern Denny has invested in 9 US states. Its largest (disclosed) acquisition occurred in 2001 when it acquired Intellispace for $70M.

The Firm’s most common exit type is trade sale (50%). Halpern Denny’s largest (disclosed) exit occurred in 2004 when it sold Physicians Dialysis for $150M.

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M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity11
    • M&A Sell Activity12
  • Total Sectors Invested 7
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 12

Halpern, Denny & Co.

500 Boylston Street Suite 1880,
Boston, Massachusetts 02116
United States
(617) 536-6602
www.halperndenny.com
Info@HalpernDenny.com

Halpern, Denny & Co. is a private equity investment firm that targets management buyouts and high growth, late stage expansion financings. In general, investments range between $5 million to $50 million per portfolio company. Investments less than $5 million are considered if the potential for return is either very high or if there is a follow-on investment opportunity. Moreover, investments up to $100 million can be completed with Halpern Denny co-investors. Industries of particular interest to Halpern, Denny & Co. include consumer, media/communications, distribution, specialty manufacturing, and healthcare. Halpern, Denny & Co. was formed in 1991 and is based in Boston, Massachusetts.


Investment Criteria

Sectors of Interest: Apparel/Textiles, Communications, Consumer Products, Consumer Services, Distribution, Healthcare Services, Information Technology, Manufacturing, Marketing, Media, Medical Products, Restaurants, Retail, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 5 50
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 11 - - - - - 11
vol $179M $179M
Sell (0.0/yr) # 12 - - - - - 12
vol $359M $359M
  23

Most Recent M&A

Company Date Value Type
EnduraCare Therapy Management, Inc. 2012-01-31 35M USD Trade Sale
Las Vegas, Nevada · www.enduracare.com
Windward Petroleum, Inc. 2011-11-23 - Trade Sale
Manchester, New Hampshire · www.windwardpetroleum.com
Decision Management International, Inc. 2007-08-14 - Trade Sale
Bradenton, Florida · www.dmius.com
Pathfire, Inc. 2007-06-04 30M USD Trade Sale
Irving, Texas · www.pathfire.com
Scene7, Inc. 2007-05-31 - Trade Sale
San Francisco, California · www.scene7.com
NextWave Wireless, Inc. 2007-01-04 - IPO
San Diego, California · www.nextwave.com
Oncure Medical Corp. 2006-08-21 - Secondary Sale
Englewood, Colorado · www.oncure.com
Intellispace, Inc. 2006-01-06 - Trade Sale
Hackensack, New Jersey
Appleseeds, Inc. 2005-11-16 - Secondary Sale
Middleton, Massachusetts · www.appleseeds.blair.com
Bridge Medical, Inc. 2005-06-20 11M USD Trade Sale
Solana Beach, California · www.bridgemedical.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Healthcare Services - - 3 (27%) 12M (7%)
Medical Products - - 2 (18%) 56M (31%)
Marketing - - 2 (18%) 27M (15%)
Communications - - 1 (9%) 70M (39%)
Software - - 1 (9%) 14M (8%)
Apparel/Textiles - - 1 (9%) -
Distribution - - 1 (9%) -
Total - - 11 $179M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States - - 11 (100%) 179M (100%)
  Massachusetts - - 2 (18%) -
  New Jersey - - 1 (9%) 70M (39%)
  California - - 1 (9%) 33M (18%)
  Texas - - 1 (9%) 27M (15%)
  Rhode Island - - 1 (9%) 23M (13%)
  Florida - - 1 (9%) 14M (8%)
  Colorado - - 1 (9%) 12M (7%)
  New Hampshire - - 1 (9%) -
  Nevada - - 1 (9%) -
Total - - 11 $179M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) - - 7 (64%) 49M (27%)
Venture - - 3 (27%) 130M (73%)
Secondary Buyout - - 1 (9%) -
Total - - 11 $179M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 5 (42%) 313M (87%)
Trade Sale 4 (33%) 46M (13%)
Secondary Sale 2 (17%) -
IPO 1 (8%) -
Total 12 $359M

Deal Values

buy # Total
< $100M 6 $179M
TOTAL $179M
Largest Intellispace, Inc.
$70M (2001-10-22)
sell # Total
$100M to $1B 2 $283M
< $100M 3 $76M
TOTAL $359M
Largest Physicians Dialysis, Inc.
$150M (2004-09-01)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Exited to
Investor(s)
17%
2 (17%)
Strategic(s)
50%
6 (50%)

FAQ

When was Halpern, Denny & Co. founded?

Halpern, Denny & Co. was founded in 1991.

What type of investor is Halpern, Denny & Co.?

Halpern, Denny & Co. is a private equity firm.

Where is Halpern, Denny & Co. headquartered?

Halpern, Denny & Co. is headquartered in Boston, Massachusetts.

How much capital does Halpern, Denny & Co. have under management?

Halpern, Denny & Co. has 600M USD under management.

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