Highland Rim Capital Acquires Xybix Systems

Ridgeline International Acquires System High Corporation

March 17, 2025

Aerospace & Defense

Ridgeline International has acquired System High Corporation, with System High operating as a wholly owned subsidiary of Ridgeline. Both companies are portfolio companies of Enlightenment Capital; the combined organization will deliver expanded multi-domain security and protection services to defense, intelligence, government, and commercial customers.

Banneker Partners Acquires Xytech

January 5, 2022

Software

San Francisco-based private equity firm Banneker Partners acquired Xytech, a provider of facility management software for the broadcast and media industries, in a transaction announced January 5, 2022 (closing reported December 30, 2021). The investment is intended to accelerate product innovation, scale operational delivery and expand Xytech's customer penetration and global market reach while the existing CEO, Richard Gallagher, continues in his role.

Instem Acquires Xybion Digital from Banerjee Group LLC

July 31, 2025

Cloud & SaaS

Instem has closed the acquisition of Xybion Digital (Xybion), the maker of the Pristima preclinical study management platform, from Banerjee Group LLC controlled by Dr. Pradip K. Banerjee. The deal expands Instem's SaaS capabilities in preclinical R&D and LIMS, adds significant pharmaceutical and CRO customers across more than 30 countries, and brings Xybion's advisory services and Autoscribe LIMS into Instem's portfolio.

Sole Source Capital Acquires Peak Technologies (Peak-Ryzex) and Optical Phusion (OPI)

April 9, 2021

Industrial Services

Sole Source Capital LLC acquired Peak Technologies (formerly Peak-Ryzex) from Keystone Capital and Optical Phusion Inc. from its founders, then merged the two AIDC and factory automation providers under Peak's leadership. The combined business aims to create a larger AIDC/automation platform, capture technological and operational synergies, and expand cross-selling opportunities across retail, grocery, healthcare and industrial end markets.

Frontier Growth Makes Strategic Growth Investment in Nymbl Systems

December 17, 2024

Cloud & SaaS

Frontier Growth announced a strategic equity (growth) investment in Nymbl Systems to accelerate product innovation and growth. Nymbl Systems is a cloud-based practice management software provider serving Orthotics & Prosthetics (O&P), Complex Rehabilitation Technology (CRT), and Home Medical Equipment (HME) providers across the United States.

Reynolds and Reynolds Acquires Xzilon

July 13, 2023

Automotive

The Reynolds and Reynolds Company acquired Xzilon, a maker of vehicle appearance protection products known for ceramic and interior protection systems. Xzilon will continue operating under its current leadership with Kevin Kahmann remaining president; the acquisition expands Reynolds' dealership product and F&I offering capabilities across automotive, RV, marine and powersports markets.