Slate Capital Group Invests in Nova Technologies

Fort Point Capital Invests in Nova

July 21, 2022

Cloud & SaaS

Boston-based private equity firm Fort Point Capital has made a platform investment in Nova (formerly Polar), a Toronto-based provider of creative automation software for digital advertising. The investment will support Nova’s product evolution and commercial expansion while the company remains led by founder and CEO Kunal Gupta and senior management.

Slate Capital Group Invests in Vertical Mechanical Group

June 21, 2023

HVAC & Mechanical

Slate Capital Group has made a strategic investment in Vertical Mechanical Group (VMG), a Sterling, Virginia-based full-service HVAC and plumbing contractor focused on large commercial projects. The private equity firm said the investment will provide financial support and operational resources to help VMG expand its market presence across the Eastern United States.

Slate Capital Group Acquires Cumberland Diversified Metals

June 23, 2023

Industrial Services

Slate Capital Group, a private equity firm with offices in Baltimore, Nashville and Cincinnati, has acquired Cleveland-based Cumberland Diversified Metals, a value-added distributor and broker of specialty metals. The investment will add specialty metals distribution capabilities to Slate's lower-middle market portfolio and support Cumberland's growth plans across the U.S., Canada and Mexico.

Slate Technologies Acquires Splash Modular

April 26, 2022

Software

Slate Technologies, an AI software platform for the construction industry, has acquired Splash Modular, a North Carolina–based software designer focused on Industrialized Construction and DFMA. Splash will operate as part of Slate and its toolset will be integrated into Slate's Scripting as a Service (SCaaS) and digital assistant to expand Slate's industrialized construction capabilities.

Nova Advisory Acquires TLC Technologies

May 14, 2025

IT Services

Nova Advisory, a OneStream Diamond Partner and portfolio company of Century Park Capital Partners, has acquired TLC Technologies, a Platinum OneStream implementation partner based in Bethlehem, Pennsylvania. The deal expands Nova's delivery capacity (bringing the combined team to over 20 OneStream-certified architects), broadens its geographic footprint across North America, and integrates TLC's proprietary NorthStar planning solution into Nova's offerings.

Francisco Partners and VSS Capital Partners Invest in GreenSlate

February 10, 2023

Cloud & SaaS

Francisco Partners led a strategic growth investment in GreenSlate, a cloud-based payroll and production accounting provider for the entertainment industry, with existing investor VSS Capital Partners reinvesting alongside GreenSlate management. The transaction closed in February 2023; financial terms were not disclosed. VSS realized a portion of its prior stake while continuing as a board participant to support the company’s next phase of product innovation and growth.