Deal Details
Sale to Littlejohn & Co. LLC
Summary
Baird served as exclusive financial advisor to TDLE Holdings Corp.on this transaction
About
TDLE Holdings Corp. (“Tidel”), a portfolio company of Graham Partners Inc. (“Graham Partners”), recently announced its sale to Littlejohn & Co. LLC (“Littlejohn”). Terms of the transaction were not disclosed.Tidel is a leading global provider of smart safe solutions that deliver labor and cost savings to businesses by reducing the costs of handling and processing cash. Tidel's comprehensive product offering, which provides advanced systems for validating, reconciling, storing, and dispensing cash, is a full suite of smart safe solutions that offers end-to-end cash management. Tidel serves a diverse array of market channels including cash-in-transit providers, financial service institutions, distributors, and retailers. Tidel is headquartered in Carrollton, Texas.
Graham Partners is a private investment firm focused on investing in businesses with advanced industrial technologies, innovative product offerings and strong growth potential. Since its founding in 1988, Graham Partners has closed over 80 acquisitions, joint ventures, financings and divestitures. Graham Partners is based in Newtown Square, Pennsylvania.
Littlejohn is a private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. Littlejohn is currently investing Littlejohn Fund V, L.P., which has $2 billion in capital commitments. Littlejohn is based in Greenwich, Connecticut.
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- Date
- March 2017
- Company
- TDLE Holdings Corp.
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
- Acquiror Geography
- North America
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