Platform Investments
HarbourView Fairness Backs Issa Rae’s ColorCreative. ColorCreative, a administration and manufacturing firm cofounded by actress Issa Rae, has struck a partnership with Harbourview Fairness Companions. ColorCreative stated it might use the funding to “increase its expertise illustration and manufacturing capabilities whereas additionally accelerating the creation and possession of unique content material,” in keeping with reports.
Orangewood Companions Expands Possession of Motley 7 Brew. Orangewood Companions introduced just lately that it has made an additional investment in portfolio firm Motley 7 Brew, a 7 Brew franchisee. A part of the Anchor Level Administration Group household of firms,7 Brew Espresso is a drive-thru beverage chain.
Thompson Avenue Acquires Bubbakoo’s Burritos. Thompson Avenue Capital Companions has acquired Bubbakoo’s Burrito’s, a New Jersey franchisor of fast-casual Mexican-fusion eating places. In its announcement, the non-public fairness agency famous fast-casual is outperforming different foodservice segments of the market.
Turnspire Recapitalizes USG Water Options. Turnspire Capital Companions announce this week its recapitalization of USG Water Options, with funding used to repay USG’s prior debt and diversify its service choices. Turnspire acquired USG in 2023.
Add-Ons
Windfall Fairness’s 365 Retail to Take Cantaloupe Personal. Cantaloupe, a publicly listed know-how supplier for self-service commerce companies, announced this week it reached an settlement to be acquired by 365 Retail Markets. 365, an unattended retail know-how solutioned supplier, is backed by Windfall Fairness Companions.
Argosy’s Aerial Acquires Hazard Safety Programs. Argosy Personal Fairness portfolio firm Aerial Machine & Device has completed its acquisition of Hazard Safety Programs, in keeping with a current press launch. Hazard Safety offers fireplace suppression options for army, industrial and industrial autos.
OMERS Personal Fairness’s Integris Acquires TechMD. Integris, a managed providers supplier backed by OMERS Personal Fairness, has acquired TechMD and its safety division 1nteger Safety. The funding expands Integris’ service providing to assist small and midsize enterprise digitization, a press launch famous.
New Water’s Nelson Miller Group Acquires New England Keyboard. Nelson Miller Group, an engineering, manufacturing and provide chain options supplier to OEMs throughout medical, aerospace and industrial end-markets, has acquired New England Keyboard. The corporate manufactures extremely engineered elements for patrons throughout protection, medical and different sectors. Nelson Miller is a portfolio firm of New Water Capital Companions.
Go Capital- and Station Companions-Backed Arketi Acquires Audacity. Arketi Group, a digital advertising and public relations company servicing B2B know-how firms, announced this week its acquisition of Audacity, an inside communications consultancy. Arketi is backed by Go Capital and Station Companions.
Strategics
Renovus’ SolomonEdwards Launches PE Providers Platform. SolomonEdwards, backed by Renovus Capital Companions, has announced its acquisition of Pencek Advisors, a personal fairness portfolio firm consultancy. The funding launches SolomonEdwards’ Personal Fairness Providers platform, which goals to assist middle-market PE corporations and their portfolio firms.
Exits
Aquiline, Capstreet Exit Ontellus to Datavant. Well being information platform firm Datavant, backed by New Mountain Capital, has acquired Ontellus, a supplier of well being information retrieval and claims intelligence. Ontellus was beforehand sponsored by non-public funding agency Aquiline and decrease middle-market non-public fairness agency Capstreet.
Audax Exits CW Advisors. Audax Personal Fairness has announced the sale of CW Advisors, a registered funding advisor. Reverence Capital Companions-backed Osaic will purchase the corporate for an undisclosed sum.
Audax Exits Thermogenics. Audax Personal Fairness has additionally exited Thermogenics, a current announcement stated. The corporate, which offers industrial boiler providers, was acquired by Morgan Stanley Capital Companions.
Clearview Capital Exits Outcomes Companions. Clearview Capital has offered Outcomes Companions, an outsourced winery administration and growth providers supplier working in Oregon and Washington. The corporate operated as a standalone subsidiary of Wilson OVS Holding Firm alongside Orchard and Winery Provide, famous a press launch supplied to Center Market Progress.
Center Market Progress is produced by the Affiliation for Company Progress. To study extra in regards to the group and the way to turn into a member, go to www.acg.org.
