Cabot Square Capital / PSP Acquire Majority Stake in Chartway Group

NEC's Northgate Public Services Acquires Charter Systems Ltd

January 5, 2021

Software

Northgate Public Services (a wholly owned subsidiary of NEC Corporation) has acquired Charter Systems Ltd from Equiniti Group plc to integrate Charter's covert operations software into NPS's policing IT portfolio. The deal is intended to expand NPS's public safety capabilities and improve information sharing for undercover policing across the UK and internationally (including Canada).

Investcorp and PSP Investments Recapitalize CrossCountry Consulting

December 6, 2022

Consulting

Investcorp, together with Public Sector Pension Investment Board (PSP Investments), acquired a majority stake in CrossCountry Consulting in a recapitalization transaction; RLH Equity Partners reinvested and CrossCountry founders remain significant shareholders. The capital injection is intended to accelerate CrossCountry's geographic expansion, broaden service offerings (including technology-enabled advisory and cybersecurity), and support add-on acquisitions.

EQT and CPPIB Acquire Majority Stake in Waystar from Bain Capital

July 29, 2019

Healthcare Services

The EQT VIII Fund and Canada Pension Plan Investment Board (CPPIB) agreed to acquire a majority equity stake in Waystar, a cloud-based revenue cycle management provider, in a transaction valuing the company at $2.7 billion. Bain Capital Private Equity will retain a minority stake and will continue to support Waystar alongside the new investors to fund continued innovation and transformative M&A.

CSW Industrials Acquires PSP Products, Inc.

August 6, 2024

Manufacturing

CSW Industrials, Inc. (Nasdaq: CSWI) acquired PSP Products, Inc. for $40 million, a transaction funded with cash on hand and borrowings under its revolving credit facility. PSP, a maker of surge protection devices and load management systems for HVAC/R and electrical contractors, was acquired at an implied multiple of ~5.0x trailing EBITDA and is expected to be accretive in the first full year.

Cabot Square Capital Acquires Majority Stake in Premier Modular

August 2, 2021

Construction

London-based private equity firm Cabot Square Capital has acquired a majority shareholding in Premier Modular, an East Yorkshire offsite construction and modular buildings specialist. The investment will support growth of Premier's modular hire business and permanent offsite division, backing plans for sector and geographic expansion.

Warburg Pincus and Macquarie Capital Principal Finance Acquire Majority Stake in Premier Technical Services Group (PTSG)

May 17, 2021

Industrial Services

Warburg Pincus has entered an agreement with Macquarie Capital Principal Finance to jointly acquire a majority stake in Premier Technical Services Group Ltd (PTSG), a UK leader in building compliance services. The investment will support PTSG's next phase of growth and its consolidation strategy across the UK's compliance services market; financial terms were not disclosed and the transaction remains subject to antitrust approval.