NexPhase Capital Invests in Aztec Software

NexPhase-Backed Aztec Software Acquires iGrad

October 4, 2022

Education

NexPhase Capital-backed Aztec Software has acquired iGrad, a San Diego-based web-based financial literacy and financial wellness platform. iGrad will operate as a wholly owned subsidiary led by its current CEO and expand Aztec’s suite of adult-education and workforce-training solutions by adding AI-powered financial wellness, serving colleges, employers and financial institutions. The deal is an add-on acquisition to bolster Aztec’s product capabilities in financial wellness and loan-management education.

Aztec Software Acquires Financial Fitness Group

February 6, 2024

Education

Aztec Software, a NexPhase-backed educational software company, has acquired Financial Fitness Group (FFG) and will combine FFG with its iGrad (Enrich) financial literacy brand. The deal expands iGrad's library with hundreds of FINRA‑reviewed financial content pieces and illustrations, strengthening Aztec's financial wellness and advisor-facing offerings.

NexPhase Capital Invests in Selerix Systems

August 25, 2021

Cloud & SaaS

NexPhase Capital, an operationally-focused private equity firm, announced an investment in Selerix Systems, a cloud-based benefits administration and employee engagement software provider. The partnership will support Selerix's continued growth, product development and user experience enhancements while NexPhase principals join the company's board.

3STEP Sports Acquires Aztec Soccer Club

May 10, 2023

Education

3STEP Sports has acquired Aztec Soccer Club, a New England–based youth soccer organization, adding the club to its growing soccer vertical. The acquisition expands 3STEP’s footprint in Massachusetts and New Hampshire and brings Aztec’s coaching, teams and player-development programs into 3STEP’s national youth-sports platform.

NexPhase Capital Invests in Insurance Systems Inc.

June 14, 2024

Software

NexPhase Capital has made an investment in Insurance Systems Inc. (ISI), a Toronto-based provider of enterprise policy administration software for the property & casualty insurance market. The capital will support ISI's growth in existing and adjacent markets, product enhancements for integrations, faster implementations and improved analytics; ISI's CEO Casey Kretz will remain in place.

Aquiline Capital Partners and Level Equity Make Majority Investment in DocuPhase

February 20, 2024

Cloud & SaaS

Aquiline Capital Partners and Level Equity have made a majority investment in DocuPhase LLC, a Tampa-based provider of accounting and finance process automation software. The investment will fund product innovation, expansion of the product suite (including vendor payments), and continued organic growth across DocuPhase’s more than 1,200 customers.