Acquisitions in 2020

Riata Capital Group completed a recapitalization of Greenix Pest Control in partnership with CEO Bob Nilsen and the company’s management team. Greenix is a subscription-based residential pest control services provider operating across multiple U.S. regions, and Riata expects to support continued expansion including future add-on acquisitions. Financial terms were not disclosed.

Platinum Equity has completed the sale of PriSo Holding Corporation ("PrimeSource") to Clearlake Capital Group, L.P. PrimeSource is a global distributor of specialty building materials serving residential, commercial, and industrial construction and remodeling markets. Platinum Equity originally acquired PrimeSource in 2015 from Itochu Corporation.

Keystone Capital has sold KFT Fire Trainer (KFT) to an investor group led by KFT’s management team, with Greenwich Capital Group advising Keystone on the transaction. KFT designs, manufactures, installs, and services computer-controlled, gas-fueled live fire training simulation systems used by municipal, industrial, airport, and military organizations worldwide.

Edgewater Capital Partners completed an investment in Naprotek, LLC, an electronic manufacturing services provider specializing in quick-turn printed circuit board assembly for high-reliability applications. Headquartered in San Jose, California, Naprotek serves defense, space, medical, semiconductor, and specialty industrial markets, and plans to expand capabilities in partnership with Edgewater Capital.

Wynnchurch Capital, L.P. acquired Huntington Foam, LLC, a manufacturer of engineered molded foam products including EPS, EPP, and ARCEL. Following the acquisition, Huntington Foam will be объединed under one platform with Drew Foam Companies, Inc., an existing Wynnchurch portfolio company, to create a combined foam manufacturing platform.

Bloomberg L.P. completed its acquisition of Second Measure, a consumer transaction data analytics company. The deal adds Second Measure’s proprietary alternative-data analytics, insights, and web application to complement Bloomberg’s market data and company fundamentals for investors and businesses.

Command Alkon acquired Ruckit, Inc., a transportation logistics and trucking management software platform serving the heavy materials and construction industries. The deal expands Command Alkon’s CONNEX platform capabilities with Ruckit’s digital ticketing, invoice reconciliation, and third-party hauler management solutions; financial terms were not disclosed.

Funds advised by SK Capital Partners, L.P. purchased approximately 42.4 million shares (just under 40% of outstanding shares) of Venator Materials PLC from Huntsman Corporation for about $100 million. The agreement also provides SK Capital with a 30-month option to buy Huntsman’s remaining approximately 9.7 million Venator shares.

DaySmart Software acquired AppointmentPlus, an online appointment scheduling software provider headquartered in Scottsdale, Arizona. AppointmentPlus CEO Bob La Loggia and the company’s 100+ employees will join DaySmart, with DaySmart planning continued investment in product development and complementary acquisitions.

Gryphon Investors has completed a majority investment in Meazure Learning, a provider of exam delivery and online/remote proctoring solutions for academic and professional testing markets. Existing sponsor Eastside Partners and Meazure Learning’s management team will retain significant ownership stakes; financial terms were not disclosed.

CORE Industrial Partners announced that its affiliate, Incodema Holdings LLC, has acquired Dahlquist Machine, Inc., a provider of high-speed precision machined components serving medical device, laboratory testing, and instrumentation OEMs. Dahlquist Machine, founded in 1969, is headquartered in Ham Lake, Minnesota and operates more than 30 CNC mills and lathes. CORE stated the acquisition will serve as a foundation to build a broader precision machining business within the Incodema platform.

L Catterton entered into a definitive agreement to sell Inspired Pet Nutrition (IPN), a U.K. independent pet food platform, to funds managed by CapVest Partners LLP. Financial terms were not disclosed. IPN is based in North Yorkshire and is known for its Harringtons and Wagg pet food brands.

IntelliSite Corporation, a portfolio company of DFW Capital, announced the acquisition of Broad Sky Networks, a national wireless connectivity provider. Concurrent with the deal, IntelliSite formed a new international technology holding company, EPIC IO Technology, under which IntelliSite and Broad Sky will operate as independent subsidiaries.

StarCompliance announced a majority-control growth investment from Marlin Equity Partners to support product innovation and international expansion. Existing sponsor Luminate Capital Partners, StarCompliance’s majority shareholder since 2017, will retain a minority stake following the transaction. Financial terms were not disclosed and closing is subject to regulatory clearances and customary conditions.

Granicus announced a joint investment from Harvest Partners alongside Vista Equity Partners and existing investor K1 Investment Management. The investment is intended to support Granicus’ continued growth and expansion of its cloud-based Civic Engagement Platform for digital transformation across government agencies.

Whole Earth Brands, Inc. entered into a definitive agreement to acquire all issued and outstanding shares of WSO Investments, Inc., the holding company for Wholesome Sweeteners Incorporated, for $180 million in cash plus a potential earnout of up to $55 million. The acquisition, approved by both companies’ boards, is expected to close in the first quarter of 2021 subject to customary U.S. antitrust review. Whole Earth Brands expects the deal to be immediately accretive and to create commercial and cost synergies as it expands its natural and organic sweeteners platform in North America.

Northstar Capital invested in Vectair Systems, providing a one-stop debt facility and an equity co-investment. The financing was done in partnership with Convergent Capital to support Vectair’s owners, Arcspring and Oxbow Industries, in financing the deal.

MessageBird, an omnichannel cloud communications platform headquartered in Amsterdam, acquired London-based real-time web technologies company Pusher for $35 million. Pusher’s team, including co-founder and CEO Max Williams, will join MessageBird while the Pusher product will remain independent for existing customers. The deal adds in-app messaging, push notifications, and related real-time capabilities to complement MessageBird’s SMS and messaging-channel strengths.

Alarm.com has acquired Shooter Detection Systems (SDS), a provider of indoor gunshot detection technology, to expand its commercial security solutions portfolio. SDS will operate as a subsidiary of Alarm.com, remain led by its existing management team, and continue supporting current customers and partners while integrating further with the Alarm.com ecosystem.

The Riverside Company invested in Bonnie & Don Flavours (B&D), a Canada-based manufacturer of natural and organic flavors and extracts. The deal represents the second add-on acquisition to Riverside’s Flavor Platform, which is anchored by National Flavors (NF). The acquisition expands NF’s geographic footprint with manufacturing capabilities in Canada.

An affiliate of The Jordan Company’s Resolute Fund IV acquired Heartland Home Services from North Branch Capital. The transaction was completed in partnership with Heartland’s management team, with Cobepa making a significant minority investment while North Branch retained a minority stake. Heartland is a technology-enabled provider of residential HVAC, plumbing, electrical, and indoor air quality services headquartered in Macomb, Michigan.

ChannelPro Network, a division of EH Media LLC, acquired technology media brands FindBiometrics and Mobile ID World, along with a related consulting services group, from Canadian-based TopickZ Inc. The acquired brands will be integrated with EH Media’s existing IT media portfolio, including The ChannelPro Network and IoT Playbook, to expand coverage in biometrics and mobile identification markets.

Arcapita portfolio company Waste Harmonics, a national managed waste service provider, has acquired Talismark, a waste solutions management company specializing in custom-designed waste management programs. The acquisition is intended to expand Waste Harmonics’ services and strengthen its presence across new and existing markets in North America.

Pedrollo Group, an Italy-headquartered electric water pump producer, acquired a 70% stake in Superior Pump (trading name of Michel Sales Inc.), a Minneapolis, Minnesota-based designer, manufacturer, and marketer of residential and commercial water pumps. The transaction gives Pedrollo a stronger foothold in the North American market and is described as its first acquisition outside of Italy.

Renovus Capital Partners signed a definitive agreement to sell its portfolio company Clinical Education Alliance (CEA), a provider of live and web-based certified continuing medical education (CME) for healthcare professionals. The Riverside Company will acquire Renovus' majority stake in CEA, while Renovus will remain a minority investor to continue supporting the company’s growth.

Thoma Bravo announced a strategic growth investment in Venafi, a provider of machine identity management, valuing the company at $1.15 billion. The investment is intended to accelerate Venafi’s technology innovation and growth as demand for machine identity management rises in cybersecurity. Existing investors TCV and Foundation Capital will remain shareholders.

Wolters Kluwer Governance, Risk & Compliance (GRC) signed an agreement to acquire eOriginal, a provider of cloud-based digital lending software, for approximately €231 million in cash. The deal expands Wolters Kluwer GRC Compliance Solutions’ capabilities in U.S. mortgage and loan document generation and analytics into digital loan closing and electronic vaulting/storage. The transaction will be completed via the purchase of eOriginal’s parent company, Paperless Transaction Management, Inc., and is expected to close before the end of 2020 subject to customary conditions.

Aurora Capital Partners announced a growth investment in Premier Roofing, a large U.S. roofing services provider focused on storm-damage restoration. Premier Roofing, headquartered in Denver, Colorado, will partner with Aurora to support continued expansion across existing and new geographies.

Dude Solutions, backed by Clearlake Capital Group, has completed the acquisition of Confirm from Precisely for undisclosed terms. Confirm expands Dude Solutions’ SaaS portfolio for public sector infrastructure operations and asset management, including smart city and IoT-enabled use cases, and strengthens its geographic presence across EMEA and APAC.

New Harbor Capital signed a definitive agreement to sell Wedgewood Pharmacy to Partners Group on behalf of its clients, with closing expected in 2021. Wedgewood is a major U.S. provider of compounded animal medications serving tens of thousands of veterinarians and hundreds of thousands of pet owners annually.

May River Capital acquired PaperTech, a manufacturer of sustainable paperboard food packaging products for frozen food and foodservice markets. Founders Larry Epstein and Al Fotheringham will remain shareholders, with Epstein retiring and Fotheringham continuing as Chief Development Officer; Jim Morgan joins as CEO.

Paine Schwartz Food Chain Fund V, managed by Paine Schwartz Partners, made a strategic investment in Urban Farmer to create a new investment platform. Urban Farmer is a Manteno, Illinois-based manufacturer of better-for-you, plant-based specialty dough products, and its management team will continue to lead the business. Financial terms were not disclosed.

The Halifax Group completed an investment in PJU Holdings, Inc. (PJ United), the largest franchisee of Papa John’s Pizza. The transaction recapitalized the business, with CEO Doug Stephens and the existing management team remaining in place, and follows PJ United’s prior ownership by TPG Growth. Financial terms were not disclosed.

Equistone-backed Amadys has agreed to acquire Infraconcepts B.V. in an add-on transaction to strengthen Amadys’ presence in the Netherlands. Breda-based Infraconcepts supplies passive network equipment solutions primarily for the telecommunications sector and will combine with Amadys, subject to competition authority approval.

Source Advisors, backed by equity partner Gainline Capital Partners, acquired Intrepid Advisors. The deal expands Source Advisors’ nationwide reach and strengthens its engineering-driven R&D tax credit consulting capabilities for manufacturing and technology clients.

SQUAN has completed the acquisition of ElecComm (ECC), an electric and communications line construction company headquartered in Wilmington, Massachusetts. The deal is intended to expand and scale SQUAN’s geographic reach and capabilities across electric utility and telecommunications infrastructure services throughout New England and New York.

Adaptas Solutions, LLC acquired Cadence Fluidics to broaden its product family of fluidic modules serving OEM life science instrument manufacturers. Following the transaction, Cadence Fluidics’ manufacturing will transition to Adaptas Solutions’ ISO-certified campus in Palmer, Massachusetts. Adaptas Solutions is a portfolio company of Ampersand Capital Partners; financial terms were not disclosed.

Motion Dynamics LLC, a portfolio company of Vance Street Capital, acquired ViaMed Holdings LLC. ViaMed manufactures custom micro-precision components and subassemblies for medical device OEMs and contract manufacturers. The deal is Motion Dynamics’ first strategic add-on acquisition; financial terms were not disclosed.

Neurotrope, Inc. and Metuchen Pharmaceuticals, L.L.C. completed an all-stock merger to form a newly traded holding company, Petros Pharmaceuticals, Inc., which began trading on Nasdaq under the ticker PTPI. Ownership of the combined company is split approximately 49% to Neurotrope shareholders and 51% to Metuchen shareholders, with potential additional milestone-based shares for Metuchen holders. As part of the transaction, Neurotrope shareholders also approved a spin-off of substantially all of Neurotrope’s existing assets, operations, and liabilities into a separately traded public company, Neurotrope Bioscience, Inc.

Imprivata announced the acquisition of FairWarning Technologies, LLC to expand and enhance its digital identity platform for healthcare. The combined offering is intended to streamline clinical access while improving security, identity governance, and patient privacy/data compliance across healthcare organizations.

Crossplane Capital, a Dallas-based private equity firm, completed the acquisition of Griffin Dewatering. Headquartered in Houston, Texas, Griffin provides complex dewatering, groundwater control, and water treatment solutions for large-scale civil/infrastructure, industrial, power, and commercial construction projects across the United States.

Alera Group acquired Lighthouse Group effective December 1, 2020, expanding Alera’s presence into Michigan. Lighthouse Group, an insurance brokerage focused on employee benefits and property & casualty solutions, will continue operating with its existing team supported by Alera Group’s national resources.

Galway Holdings signed a definitive agreement for vehicles controlled by Harvest Partners to acquire a majority interest in the company. Existing private equity investors Oak Hill Capital and The Carlyle Group will reinvest alongside Galway’s management team and employee shareholders, who will remain significant owners. The transaction is described as a recapitalization and terms were not disclosed.

MeridianLink signed a definitive agreement to acquire certain assets of TazWorks, a technology platform serving consumer reporting agencies and the background screening industry. The combination is intended to streamline screening and credit reporting workflows and complement MeridianLink’s Mortgage Credit Link business. The transaction is expected to be finalized shortly.

Tinuiti, an independent performance marketing firm, announced a partnership and investment from New Mountain Capital to support its next phase of growth. The investment is intended to fund further talent and product investments as well as international expansion, with Tinuiti’s management team remaining in place. Current investment partner Mountaingate Capital is exiting its investment in the transaction, and financial terms were not disclosed.

XTIVIA, Inc. acquired RightStar, Inc., an ITSM/ITIL and DevOps consulting company headquartered in Tysons Corner, Virginia. The deal expands XTIVIA’s IT managed services and software solutions offerings, with additional reach into government and public-sector customers. The transaction was facilitated by IT ExchangeNet (ITX).

Greater Sum Ventures (GSV) announced a majority investment in Orlando-based integrated payment technology provider Fattmerchant. The funding will provide additional capital for Fattmerchant to invest in innovation and accelerate growth, while the company continues to be led by CEO Suneera Madhani, President Sal Rehmetullah, and the founding team.

Audax Private Equity acquired a controlling interest in 48forty Solutions from Grey Mountain Partners. 48forty provides end-to-end pallet management services across the United States and Canada, including pallet supply, retrieval, reverse logistics, and retail services. Financial terms of the transaction were not disclosed.

Exacom, a provider of multimedia recording solutions for mission-critical communications, has partnered with Seaport Capital to pursue a focused growth strategy across public safety, government, utilities, healthcare and other markets. Backed by a significant investment from Seaport Capital Partners Fund VI, Exacom will be recapitalized after having been 100%-owned by an Employee Stock Ownership Plan (ESOP) since 2014, and will continue to be led by CEO Al Brisard and the existing management team.

Gryphon Investors completed the sale of its portfolio company Matrixx Initiatives, Inc., maker of the Zicam cold remedy brand, to Church & Dwight Co., Inc. Matrixx develops, manufactures, and markets over-the-counter cold, congestion, and allergy remedies and is headquartered in Bridgewater, New Jersey.

FMG Suite, a SaaS provider of marketing software and services for financial advisors and insurance agents, has completed the acquisition of Twenty Over Ten. The deal expands FMG Suite’s platform and customer base, with Twenty Over Ten’s team expected to be retained as FMG Suite continues its expansion strategy.

Arthur J. Gallagher & Co. announced it has acquired North Star Insurance Services, LLC and North Star Marine Insurance Services, LLC, two marine insurance brokerage firms based in Seattle, Washington and Fairhaven, Massachusetts. Financial terms were not disclosed. The acquired teams will continue operating from their current locations within Gallagher’s Northwest region retail property/casualty brokerage operations.

An affiliate of Paceline Equity Partners, LLC was the successful bidder to purchase substantially all assets of Quick Fitting, Inc. through a receivership process. The transaction is expected to close on December 16, 2020, subject to customary closing conditions, and Paceline plans to continue operating the business in Rhode Island.

Carlson Private Capital Partners (CPC) completed two add-on acquisitions for its Lakeshirts/Blue84 platform: acquiring certain assets of Elite Fan Shop from Top of the World and making an investment in Yesterdays Sportswear. The Elite Fan Shop deal expands Lakeshirts/Blue84’s e-commerce presence, followed by the November 2020 investment in Yesterdays, a long-standing screen printing and embroidery services provider serving resort, surf, and wine markets along the California and Florida coasts.

Horizon Capital-backed STRAT7, a global customer analytics group, has acquired Crowd DNA, a cultural insights and strategy consultancy. The deal is intended to strengthen STRAT7’s ability to drive customer-centric growth and transformation for global brands by combining cultural insights and trend expertise with STRAT7’s data analytics and customer insight software capabilities.

Zonda (formerly Hanley Wood | Meyers Research) announced it has acquired Belfiore Real Estate Consulting, a full-service residential market research firm based in the Phoenix area. The deal is intended to expand Zonda’s reach in Arizona and enhance its data and advisory services for homebuilders and other housing industry customers.

Chemtron Corporation, a portfolio company of Kinderhook Industries, acquired the assets of Tonawanda Environmental Corporation (TEC), a Buffalo-based provider of hazardous and non-hazardous waste management services. The deal represents Chemtron’s second add-on acquisition and expands its waste management and sustainability offerings into Western New York. Financial terms were not disclosed.

NetReputation acquired the assets of Denver-based online reputation management competitor InternetReputation.com, with the transaction made official on November 20, 2020. The deal adds InternetReputation.com’s resources, software, and staff to NetReputation’s platform to strengthen and expand its online reputation management (ORM) services.

Benford Capital Partners has sold ENMET, a manufacturer of hazardous gas detection equipment, to Sagepeak Capital. Benford Capital originally acquired ENMET in 2014 from the estate of founder Dr. Verne Brown and grew the business including an add-on acquisition during its ownership period.

Amentum announced it has closed its acquisition of DynCorp International, a provider of aviation, logistics, training, intelligence, and operational solutions supporting government customers globally. The transaction expands Amentum’s scale and capabilities, creating one of the largest providers of mission-critical support services to government customers. Financial terms were not disclosed.

Investcorp announced a Series E investment in XpressBees, an end-to-end e-commerce logistics platform in India, alongside a consortium of local and global investors. XpressBees plans to use the funding to further automate hubs and sort centers, increase technology investment, and expand its delivery footprint across the country.

Ernst & Young LLP (EY US) acquired Zilker Technology, a digital consultancy and systems integrator based in Austin, Texas. The deal is intended to strengthen EY’s e-commerce, digital applications, enterprise integration, and cloud services capabilities. 7 Mile Advisors served as the exclusive sell-side advisor to Zilker Technology in the transaction.

Shore Capital Partners completed a recapitalization and partnership with Old World Spices and Seasonings, a manufacturer of custom blended spices, seasonings, ingredients, and sauces. Old World is headquartered in Overland Park, Kansas, and Shore plans to invest in R&D, sales and marketing, and production infrastructure while pursuing organic and acquisition-driven growth.

New Harbor Capital portfolio company FYZICAL completed an add-on acquisition of two Michigan-based franchisee physical rehabilitation clinics. The deal expands FYZICAL’s corporate-owned footprint in the Midwest and supports broader rollout of pilot initiatives and best practices across its franchise network.

Hub International Limited (Hub) acquired the assets of United Shortline Insurance Services, Inc. (USIS), a Michigan-based specialist in insurance programs for the shortline and regional railroad industry. The deal will complement and strengthen Hub’s growing rail practice in Kansas City, Missouri, and USIS owner/CEO Louis Schillinger will join Hub Mid-America. Financial terms were not disclosed.

Symphony Technology Group (STG) has acquired Warpwire, an educational video management and secure video delivery platform based in Durham, North Carolina. The deal represents STG’s third investment toward building a unified professional education software platform, following earlier acquisitions of CadmiumCD and EthosCE.

Merit Capital Partners partnered with The Dorman Group of Companies and CEO Alan Galbraith to acquire John Richard Collection, Inc. John Richard is a designer and manufacturer of high-end home furnishings, offering over 6,000 SKUs across furniture, lighting, and home décor categories. Merit provided subordinated debt and equity to support the transaction.

Power Digital announced it has acquired DataQ, a customer activation and targeting technology tool powered by proprietary algorithms and ETL capabilities. The acquisition is intended to enhance Power Digital’s data-driven marketing offering by integrating DataQ’s customer insights with Power Digital’s existing machine-learning platform (nova/SPRnova) to improve personalization and customer intelligence for clients.

SyBridge Technologies, a tooling and mold industry company established by Crestview Partners, has completed the acquisition of X-Cell Tool and Mold, Inc. X-Cell, based in Fairview, Pennsylvania, manufactures close-tolerance and multi-cavity plastic injection molds primarily for the medical industry. The deal expands SyBridge’s precision medical tooling capabilities and supports growth of a new medical tooling business unit within SyBridge.

One Equity Partners completed the sale of Simplura Health Group, a provider of home care services for the elderly and disabled, to Providence Service Corporation. Simplura is headquartered in Valley Stream, New York and operates across multiple U.S. states with a large caregiver network.

Gridiron Capital, LLC announced an investment in Good Sportsman Marketing Outdoors (GSM Outdoors) to partner with the company’s management team and support its next phase of growth. GSM Outdoors, headquartered in Irving, Texas, is a multi-brand developer, manufacturer, marketer, and online retailer of hunting, sport shooting, and rugged outdoor consumables, accessories, and gear.

Clearlake Capital Group completed its acquisition of Zywave, Inc., a cloud-based insurance distribution software provider, with Aurora Capital Partners investing alongside Clearlake. Clearlake also acquired Advisen Ltd., adding insurance data and software capabilities to create a combined InsurTech buy-and-build platform. Financial terms were not disclosed.

Saline Lectronics, Inc. (SLI), a Michigan-based electronics solutions and contract manufacturing company, has been acquired by Emerald EMS, a portfolio company of New Water Capital. The deal expands Emerald EMS’s engineering resources and adds a stronger Midwest manufacturing footprint to its existing U.S. and international operations.

Gryphon Investors acquired Vessco Holdings in partnership with Vessco’s management team from O2 Investment Partners; financial terms were not disclosed. Vessco is a Minneapolis-based value-added distributor and systems integrator providing equipment, services, and automation solutions for water and wastewater treatment utilities and industrial users.

Investcorp entered into a definitive agreement to acquire a majority ownership position in Viz Branz Holdings Pte Ltd, a Singapore-headquartered instant cereal and beverage manufacturer and distributor across China and Southeast Asia. The stake is being purchased from Viz Branz’s existing shareholder and CEO, Ben Chng, who will retain a significant ownership interest, and the transaction was concluded in partnership with the Asia Food Growth Platform.

Investcorp announced an investment in FreshToHome as part of a US$121 million funding round alongside other investors. FreshToHome is an integrated online brand for fresh fish and meat, leveraging an AI-powered supply chain to source directly from fishermen and farmers, and is expanding across India and into the GCC region.

Epiq acquired Hyperion Global Partners, a business and technology advisory firm focused on legal operations and transformation. The deal expands Epiq’s legal transformation services and includes Hyperion’s legal operations advisory practice and Hyperion Research, its market intelligence unit. Hyperion founder and CEO Eyal Iffergan will join Epiq as Managing Director of a new legal operations advisory business.

Ironwood Capital made a subordinated debt and equity investment in Cox Transportation Services, a provider of truckload freight hauling and brokerage services. The majority recapitalisation was led by Expedition Capital Partners and Tecum Capital, backing CEO Jay Smith to support Cox’s continued growth.

Park Place Technologies announced the acquisition of Curvature, Inc., an IT support, products, and services company focused on third-party data center maintenance. The deal significantly expands Park Place’s global field service engineering workforce and spare-parts inventory, strengthening its third-party maintenance (TPM) capabilities versus OEM support.

Gemini partnered with management to recapitalize Alexis Russell Jewelry, a direct-to-consumer bridal and fine jewelry designer and manufacturer based in Buffalo. Separately, Gemini portfolio company AOTCO acquired Plating for Electronics, a suburban Boston-based provider of anodizing, electroplating, and other metal finishing services.

TELEO Capital Management, LLC ("TELEO") announced that it has acquired Rand McNally, a transportation technology company. Rand McNally, headquartered in Chicago, Illinois, provides fleet management and route mileage optimization software and a cloud-based telematics platform for carriers, shippers, and third-party logistics providers, alongside related driver technologies and printed atlas/education products.

Applied Business Software, Inc. (ABS) announced the closing of a strategic growth investment from Lometa Capital Partners. The investment, alongside additional capital from existing management and ownership, is intended to accelerate development of ABS’s web-based loan servicing and origination platform and support expansion into adjacent markets.

Swizznet, a cloud-based software provider serving accounting firms, announced it is acquiring RightSize Solutions, an outsourced RIA cloud service provider and IT management specialist. Swizznet expects the deal to expand its cybersecurity, compliance, and managed technology offerings to the broader financial services industry. Swizznet is a portfolio company of private equity firm Bluff Point Associates.

Private equity funds managed by Blackstone Energy Partners entered into a definitive agreement to acquire Therma Holdings LLC from Gemspring Capital. As part of the transaction, Blackstone Energy Partners is also acquiring RE Tech Advisors, Inc., which will be integrated into Therma to expand energy efficiency, sustainability, and energy management service offerings across the US.

Northlane Capital Partners’ portfolio company SmartWave Technologies acquired Multi-Tech Systems, Inc., a global supplier of industrial communication devices and services. The transaction creates an integrated, end-to-end IoT solutions provider, with the combined entity operating under the MultiTech brand. The new MultiTech will maintain its headquarters in Mounds View, Minnesota, with expanded design/engineering presence in Toronto and global sales offices.

Anthology announced the acquisition of xRM.com LLC's Foundation and Matching software solutions to expand its advancement and alumni engagement capabilities for higher education institutions and nonprofits. The deal is Anthology’s first acquisition following its strategic combination of Campus Management, Campus Labs, and iModules, and adds Microsoft Dynamics 365–based fundraising and matching-gift functionality to its portfolio.

Epiphany Dermatology acquired Dermatology Associates, Inc., expanding its dermatology platform into the St. Louis, Missouri market. As part of the transaction, Dr. Oliver McKee and his staff joined Epiphany Dermatology, gaining additional operational and administrative resources while continuing to provide dermatology services locally.

Endless has acquired Hovis, a 134-year-old UK bakery brand, for an undisclosed price using capital from Endless Fund IV. Hovis is headquartered in High Wycombe and operates eight bakery sites plus a flour mill and distribution network across the UK and Northern Ireland. The deal includes further agreed investment to support infrastructure improvements and growth of Hovis’ branded and broader bakery product ranges.

Kemp Technologies announced the acquisition of Flowmon Networks to combine Kemp’s application delivery and security capabilities with Flowmon’s flow-based network performance monitoring and network detection and response (NDR) solutions. Flowmon’s ML-driven network intelligence and encrypted traffic analysis will enhance network observability, early threat detection, and automated incident response for NetSecOps teams.

The Carlyle Group agreed to acquire a majority stake in Manna Pro Products, a St. Louis-based manufacturer and marketer of specialty pet care and nutrition products, from investment funds managed by Morgan Stanley Capital Partners. Financial terms were not disclosed and the transaction is subject to customary closing conditions and regulatory approvals.

ACRE, a global provider of security systems, acquired Razberi Technologies, a video surveillance and cybersecurity-focused platform headquartered in Farmers Branch, Texas. The deal is intended to strengthen ACRE’s video and communications portfolio, including the ComNet business, by adding Razberi’s video infrastructure, cybersecurity, and system health monitoring capabilities.

LTC Global, Inc. has acquired NJ LTC and DI Brokers Corporation (NJLTC), an insurance brokerage specializing in long term care and disability income insurance solutions. The acquisition expands LTC Global’s distribution capabilities by adding nationally recognized disability income expertise, with Dennis O'Connor III continuing to manage the business.

Navisite acquired Dickinson + Associates, a Chicago-based SAP consulting firm and Premier SAP Gold Partner, to expand Navisite’s SAP managed cloud services and professional services capabilities. The deal strengthens Navisite’s end-to-end SAP application and platform expertise to support SAP customers’ digital transformation initiatives, including adoption of SAP cloud technologies and migrations to SAP S/4HANA.

Smartlink announced a substantial minority investment from McCarthy Capital Fund VII to support the company’s geographic expansion and broader service offerings. Smartlink provides asset inventory and management, network services, network real estate, and IT staffing support to the wireless infrastructure sector and is headquartered in Annapolis, Maryland.

Pacific Defense, backed by HCI Equity Partners and Emerald Lake Capital Management, acquired Spear Research on October 22, 2020 (terms undisclosed). Spear Research, based in Nashua, New Hampshire, adds RF engineering, advanced signal processing, and electronic warfare/signals intelligence capabilities to the Pacific Defense platform serving the U.S. Department of Defense and select international customers.

Bow River Capital has completed the sale of Veregy, an independent energy services company focused on energy efficiency solutions and smart building technologies, to Court Square Capital. Veregy provides eco-friendly infrastructure upgrades and energy performance contracting across public-sector and commercial end markets.

Vision Innovation Partners acquired Omni Eye Specialists, a multi-specialty ophthalmology group serving the Baltimore metro area with six locations. The deal expands Vision Innovation Partners’ Mid-Atlantic ophthalmology platform and strengthens its presence in the Baltimore, Maryland market.

Centre Partners, in partnership with independent sponsor LP First Capital, formed United Land Services Holdings, LLC as a new landscaping services platform in the Southeast. As its initial build-up, United Land Services completed five acquisitions: United Landscapes, Blandford Turf, Tree World, O'Hara, and River Region Sports Fields. Financial terms were not disclosed.

CenterOak Partners announced the sale of FullSpeed Automotive, the fourth largest quick lube operator in the U.S., to MidOcean Partners. FullSpeed Automotive is headquartered in Greenwood Village, Colorado and operates auto aftermarket service locations under the Grease Monkey and SpeeDee brands. Financial terms were not disclosed.

Osprey Capital, LLC acquired Global Jetcare, Inc., a provider of fixed-wing air ambulance transport services domestically and internationally. Three Sixty Seven Advisors served as the exclusive advisor to Global Jetcare on the sale. Global Jetcare’s founders, Bart and Christina Gray, noted the process support provided during the transaction.