DFX Intelligence
Borgman Capital and Minnesota Tile & Stone LLC
Add on deal· Plymouth, MN
Specialty distribution, MN.
No date on record · this record
- Announced
- Jan 11, 2023
- Firms on the deal team
- 2
- Capital providers
- 1
No date on record · this record
Independent sponsor
- Sequoya Borgman · quoted borgmancapital.com
Debt
- Associated Bank · Lender
The announcement
Milwaukee private equity firm Borgman Capital announced today its acquisition of Minnesota Tile and Stone (MTS).
DFX analyst research (General-assisted, every claim URL-cited) borgmancapital.comcountertopresource.com countertopresource.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Reinhart Boerner van Deuren · Sponsor counsel for Borgman CapitalBorgman CapitalInferred
Quality of earnings, accounting and tax
- Sikich LLC · Financial due diligenceMedium confidence
Advisers named in the announcement, side not stated