Seaside Equity Partners Invests in PayReel

Praesidian Capital Makes Strategic Equity Investment in Reel Power International

December 28, 2023

Manufacturing

Praesidian Capital, a private equity firm based in Oklahoma City, announced a strategic equity investment in Reel Power International, a manufacturer of capital equipment for material handling and control serving industrial, marine, and energy markets. The investment is intended to support Reel Power's growth initiatives and product development while partnering with management to expand the business.

Francisco Partners Acquires Majority Stake in PayScale

April 25, 2019

Cloud & SaaS

Francisco Partners has made a majority growth investment in PayScale, Inc., valuing the Seattle-based SaaS compensation data and analytics provider at an enterprise value of $325 million. Warburg Pincus is exiting its investment as part of the transaction, and the capital will be used to support PayScale’s product innovation and growth.

Platform Partners Makes Minority Investment in Alliance Payroll Services

February 25, 2020

Cloud & SaaS

Platform Partners LLC completed a minority (growth-capital) investment in Alliance Payroll Services, a cloud-based payroll and human capital management software provider. The deal will fund Alliance's product and growth initiatives while CEO Randy Norwood remains in control of the company.

Aquiline Capital Partners Invests in PrimePay

April 5, 2021

Staffing & HR

Aquiline Capital Partners has made a growth investment in PrimePay, a national payroll, human capital management (HCM), and benefits services provider. As part of the transaction PrimePay founder and CEO Bill Pellicano will move to Executive Board Chair, John LaMancuso will join as CEO, and Michael Pires will be promoted to President & COO to support the company's expansion across the HCM market.

StoneTree Investment Partners Acquires Reel Power International

December 11, 2025

Manufacturing

StoneTree Investment Partners has acquired Reel Power International, an Oklahoma City–based manufacturer of engineered winding, spooling, and material-handling equipment, from Praesidian Capital (with prior partnership involvement from Dubin Clark). The investment will support scaling of automation and systems offerings, continued investment in aftermarket parts and service, and operational improvements across Reel Power's Oklahoma City and Houston facilities; terms were not disclosed.

Seaside Equity Partners Acquires Majority Stake in Cascade Healthcare Services

December 14, 2021

Healthcare Services

Seaside Equity Partners completed a majority recapitalization of Cascade Healthcare Services in December 2021, acquiring the company from majority owner Evolution Capital Partners. Cascade, headquartered in Seattle, is a technology-enabled provider of certification training and continuing education to healthcare professionals across the Western U.S.; Seaside plans to invest in the platform's technology and pursue complementary service and content acquisitions to drive growth.