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BIG IDEAS FOR SMALL COMPANIES | |
3rd Quarter 2024 at a Glance | |
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6
NEW PLATFORM INVESTMENTS
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11
FOLLOW-ON INVESTMENTS
10
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$3.4M
MEDIAN EBITDA
ALL CLOSED DEALS
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New Partnerships
July-September 2024
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Headquartered in Cleveland, Ohio, Arc Drilling is a leading provider of fast hole electrical discharge machining (“EDM”), as well as wire and sinker EDM manufacturing services. They are a long-time supplier to OEMs and Tier I suppliers in the gas turbine, aerospace engine, and other industrial markets, with manufacturing operations around the country. | | |
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Investment in a healthcare services company with a focus on providing onsite healthcare services for elderly care centers and long-term care facilities across the U.S. | | |
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An investment into a Smash My Trash franchisee operating in Boston, New York, and Houston that provides mobile waste compaction to increase capacity in open-top dumpsters and reduce hauling frequency and expenses. | | |
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Investment in a consumer services company that provides residential pool services and distributes pool parts to non-competitive pool service operators and end consumers. | | |
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Headquartered in Alexandria, VA, TRM provides enterprise asset management (EAM) solutions, specializing in customized IBM Maximo EAM solutions. | | |
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Headquartered in Fairfax, VA, SurgeryStuff, is a secondary market redistributor of excess brand-name surgical supplies, serving surgery centers, hospitals, and other resellers across the U.S. | | |
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11 follow-on investments into current platforms to support our partnerships. | |
Please reach out to our team with new deals. We would love to hear from you! |
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With offices in Raleigh and Charlotte, North Carolina, Plexus has raised over $2.2 billion across seven funds that have allowed us to: | |
- Deploy $2.4 Billion
- Fund 189 Platform Investments
- Partner with 85 Current Portfolio Companies
- Focus on the lower middle market with a median EBITDA at close of $3.4 million
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Plexus invests debt and/or equity to fund growth, acquisitions, leveraged buyouts, management buyouts, and recapitalizations. Prospective portfolio companies have strong management teams, positive cash flow, large market opportunities, and need capital to execute their business plans. | |
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Geography
Nationwide
Investment Size
Up to $40 million per platform
Can co-invest for larger amounts
Investment Types
Subordinated Debt
Equity (Majority or Minority)
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Characteristics
Up to $150 million Revenue
Up to $15 million EBITDA
Strong Market Dynamics
Sustainable Positive Cashflow
Committed Management
Proven Business Strategy
Use of Proceeds
Acquisitions
Growth
Leveraged Buyouts
Recapitalizations
Management Buyouts
Minority Recapitalizations
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Raleigh Office
4242 Six Forks Road, Suite 950
Raleigh, NC 27609
919-256-6340
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Charlotte Office
200 Providence Road, Suite 103 Charlotte, NC 28207
704-927-6245
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This email is intended solely for the addressee(s) and may not be distributed to any other parties. Deal information presented herein is for illustrative purposes only and has been selected in order to provide recent examples of the types of investments made by Plexus Capital, LLC (“Plexus”) and does not purport to be a complete list thereof. There can be no assurance that similar investments will be available to any Fund offered by Plexus and that Plexus will be able to implement its strategy to achieve its investment objectives. Additionally, the information contained herein is not complete, and does not contain certain material information about any fund managed by Plexus, including important disclosures and risk factors, and is subject to change without notice. This is not an offer to sell, or a solicitation of an offer to purchase any fund managed by Plexus. Such an offer will be made only by an Offering Memorandum, a copy of which is available to qualifying potential investors upon request. As Plexus’ focus is on current positions, we naturally have a constructive bias to the deal information presented and investors must make their own decisions based on their specific investment objectives and financial circumstances. The investments discussed may not be suitable for all investors and involve the risk of loss. Deal information presented is not being shown to highlight those that have performed well but are presented to display recent examples of the types of investments made by Plexus. The performance of deals discussed herein will be judged with time. A complete list of portfolio companies may be found here.
*Above figures as of 09/30/2024
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