DFX Intelligence
This sponsor
Independent sponsorVerified sponsor· US
As of · the mandate; 5 observations on record
- Observed deals
- 5
- Principals
- 0
- Latest deal
- Nov 2021
As of · the mandate; 5 observations on record
The sponsor's name, 4 additional capital, identity and service provider links, 15 additional deals and portfolio companies
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Who they are
Location not on record
What they buy (claimed)
No size stated on the firm's own site.
As the firm states it, not checked against its deals.
What they have done
5 observed deals · latest Nov 2021
4 platforms
Healthcare services, Distribution
5 deals, too few with a known size to say
Portfolio
None on record yet.
Who finances them
Lenders: Route 2 Capital Partners, CrossFirst Bank, Source Capital, LLC
Equity partners: a partner
Who to call
No principal named yet.
Latest: Deal, Nov 2021
Why this kind
- for: states it is an independent sponsor (website or mandate text)
- for: 5 announced transactions as buyer
What they claim, and what they have done
Observed
- 3 platform or control deals, Nov 13, 2018 to Sep 30, 2020
- 0 add-ons bought by its portfolio companies
- 1 recapitalizations, 1 minority stakes
- Platform targets by state: TX 2, WI 1
Claimed on its own website
No buy criteria were read from its website.
What the filings and deals add up to
- Independent sponsor stated
- trueFacta public announcement or the firm's own page calls it an independent sponsor· 90%· DFX's own graph
- Sectors transacted
- Healthcare services (2); Specialty distribution (2)Factvertical of the acquired targets· 85%· DFX's own graph
How do we know
Verified sponsor. Evidence identifies a firm: a publisher named it as the buyer in an announced transaction, a law firm or capital partner page names it as an independent sponsor, or its own site says so.
Nothing on this page comes from a website claim unless it is labelled as such with the URL.
Who has financed themWhat these counts meanCounts are the financings DFX has read in announcements. Most come from lenders' own deal archives, which list a lender's repeat deals with a sponsor but not the sponsor's deals with other lenders, so a repeat relationship shows where one lender publishes and is not a rate at which sponsors return to a lender. Counts undercount and record past financing; DFX does not predict who will finance a deal.
- Repeat relationshipCrossFirst Bank has financed 2 observed this sponsor transactions (2020 to 2021).Roles: capital provider, lender
- Jul 16, 2021Big Blanket Coaltacrestcapital.com
- Sep 30, 2020BIG Dot of Happiness, LLCaltacrestcapital.com
- Repeat relationshipa capital provider has financed 2 observed this sponsor transactions (2020 to 2021).Roles: equity coinvest, equity provider
- Jul 16, 2021Big Blanket Coaltacrestcapital.com
- Sep 30, 2020BIG Dot of Happiness, LLCaltacrestcapital.com
- Repeat relationshipRoute 2 Capital Partners has financed 2 observed this sponsor transactions (2018 to 2020).Roles: lender, unitranche
- Sep 30, 2020Big Dot of Happinessaltacrestcapital.com
- Nov 13, 2018Barton Watch Bandsaltacrestcapital.com
Financing, deal by deal
| Date | Company | Financed by | Role | Amount | Source |
|---|---|---|---|---|---|
| Jul 16, 2021 | Big Blanket Co Specialty distribution, MO | Capital provider | unitranche | Not disclosed | altacrestcapital.com |
| Jul 16, 2021 | Big Blanket Co Specialty distribution, MO | CrossFirst Bank | capital provider | Not disclosed | altacrestcapital.com |
Service provider relationshipsHow a firm is placed hereCounsel, accountants, bankers, debt advisors and other firms named in a role on one of this sponsor's deals, by the announcement, a filing or the firm's own deal page. Every engagement links its source; medium confidence is labelled.
4 more facts and signals are on record for this page. They name the firms involved and open with Independent Sponsor Intelligence.
Legal (3)
- McGuireWoods LLP2 observed engagementsSponsor counsel. Most recent deal, Jul 16, 2021 altacrestcapital.com
- Husch Blackwell1 observed engagementCompany counsel. Most recent deal, Jul 16, 2021 Altacrest Capital
- Best & Flanagan1 observed engagementSeller counsel. Most recent deal, Sep 30, 2020 Altacrest Capital
Who finances deals like theirsHow this is rankedRanked by deals read in these sectors, not by fit: this is the capital that shows up in announcements around firms like this one, which is a place to start a list and not a prediction about who will finance the next deal.
The most recent deal of theirs we could classify by sector closed Nov 30, 2021, outside the two-year window this list reads.
Read from the sectors this firm has actually bought in: healthcare services (2), specialty distribution (2).
What have they done
Platform and control deals (1)
- Sep 30, 2020Platform acquisitionconfidence 90%BakerTilly · AdvisorCrossFirst Bank · Capital providerBest & Flanagan · CounselMcGuireWoods LLP · Counsela capital provider · Equity providerRoute 2 Capital Partners · LenderVermillion Capital · Sellside advisorDeal team: 4 firms · DFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.com · altacrestcapital.com altacrestcapital.com · route2capital.com route2capital.com · sfnet.com sfnet.com
Recapitalizations (1)
- Jul 16, 2021Recapitalizationconfidence 90%BakerTilly · AdvisorCrossFirst Bank · Capital providerHusch Blackwell · CounselMcGuireWoods LLP · Counsela capital provider · Equity providerSource Capital, LLC · LenderCapstone Partners · Sellside advisorDeal team: 4 firms · DFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.com · altacrestcapital.com altacrestcapital.com · sfnet.com sfnet.com · source-cap.com source-cap.com
Minority stakes (1)
- Nov 30, 2021Minority investmentconfidence 70%Deal page · DFX analyst research (General-assisted, every claim URL-cited) prnewswire.com
No vehicles linked.
- Jul 16, 2021Acquisition announcedDFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.com
- Sep 30, 2020Acquisition announcedDFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.com
- Nov 13, 2018Acquisition announcedDFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.com
What appears to be their current activity
No vehicle filed in the last 12 months.
Principals on the filings
- None named.
Portfolio companies (5)
Evidence
| Fact | Value | Class | Source |
|---|---|---|---|
| Entity kind | Independent sponsor firm | Inference | DFX model output (scores, estimates, matches) no URL |
| Entity kind | Independent sponsor firm | Inference | DFX model output (scores, estimates, matches) no URL |
| Independent sponsor stated | true | Fact | DFX analyst research (General-assisted, every claim URL-cited) lplegal.com |
Is this your firm? Correct this recordWork at This sponsor, or see something wrong? Tell us and a person reads it.
Across the graphs
This sponsor is the same institution as 2 records in Private Credit and Private Equity.
Private Credit1Private Equity1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and what the two were joined on.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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