Professional Services Recapitalizations in 2024
Acquisition Volume in Professional Services Recapitalizations in 2024 by Year
Last 5 years
-
December 6, 2024
- Buyer
- Graham Partners
- Target
- Becklar LLC
- Seller
- BV Investment Partners
- Industry
- Professional Services
- Location
- Utah, United States
- Type
- Recapitalization
Graham Partners has acquired Becklar LLC, a tech‑enabled provider of connected safety, monitoring and emergency response solutions headquartered in Ogden, Utah. Becklar management and existing sponsor BV Investment Partners rolled substantial stakes into the transaction while Graham becomes the new lead investor; financial terms were not disclosed and the deal closed in early December 2024.
-
November 1, 2024
- Buyer
- Apheon, MML Capital Partners
- Target
- TMC (The Member Company)
- Industry
- Professional Services
- Location
- North Brabant, Netherlands
- Type
- Recapitalization
Apheon has reaffirmed its commitment to TMC by reinvesting through a new Apheon-controlled vehicle, and MML Capital Partners is joining as a new investor alongside significant reinvestment from TMC's founder and management. The recapitalization will provide capital and sector expertise to support TMC's geographic expansion, capability development and continued M&A activity; TMC is headquartered in Eindhoven and employs about 2,750 people across 16 countries.
-
August 22, 2024
- Buyer
- THL Partners
- Target
- YA Group
- Seller
- CIVC Partners
- Industry
- Professional Services
- Location
- Tennessee, United States
- Type
- Recapitalization
THL Partners has agreed to make a majority investment in YA Group, a Nashville-based professional services firm providing forensic consulting, engineering, and risk mitigation services to insurance and public-sector clients. Current investor CIVC Partners, management and employees will retain significant ownership, and the capital will be used to accelerate organic growth, expand core capabilities and pursue strategic acquisitions.
-
- Buyer
- GP-led continuation fund (managed by an affiliate of Morgan Stanley Capital Partners), Pantheon, Blue Owl Strategic Equity, Lexington, Norwest, Ares Management Funds, AltamarCAM, Churchill
- Target
- World 50 Parent LLC (World 50)
- Seller
- Investment funds managed by Morgan Stanley Capital Partners (MSCP)
- Industry
- Professional Services
- Location
- Georgia, United States
- Type
- Recapitalization
Investment funds managed by Morgan Stanley Capital Partners (MSCP) sold World 50 to a single-asset, GP-led continuation fund managed by an affiliate of MSCP. The continuation vehicle was led by investments from Pantheon with co-lead participation from Blue Owl Strategic Equity and Lexington; Norwest, Ares Management Funds, AltamarCAM and Churchill also committed, providing liquidity to the selling funds and capital to support World 50's next growth chapter.
-
February 27, 2024
- Buyer
- Renovus Continuation Fund (Renovus Capital Partners), New 2ND Capital, RCP Advisors, Blackstone Strategic Partners, Montana Capital Partners, Unigestion, Arcano Partners
- Target
- Aretum, ClinicalMind, Lockstep Technology Group, Phoenix East Aviation
- Seller
- Renovus Capital Partners (Fund I), Renovus Capital Partners (Fund II)
- Industry
- Professional Services
- Location
- United States
- Type
- Recapitalization
Renovus Capital Partners closed a $325 million multi-asset continuation fund to recapitalize four portfolio companies — Aretum, ClinicalMind, Lockstep Technology Group and Phoenix East Aviation — enabling existing LPs to realize gains while providing rollover capital and an incremental $60 million for strategic acquisitions. The fund was anchored by leading limited partners including New 2ND Capital, RCP Advisors, Blackstone Strategic Partners, Montana Capital Partners, Unigestion and Arcano Partners; Jefferies served as exclusive financial advisor and DLA Piper as legal counsel.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.