North Branch Capital Invests in ControlByWeb

Protos Security Acquires ControlByNet

August 30, 2022

Professional Services

Protos Security (a Southfield Capital portfolio company) has acquired ControlByNet, a Norcross, Georgia-based provider of cloud-based video management and remote guarding solutions. The add-on deal, which closed August 15, 2022, expands Protos' technology-enabled managed security offerings; Monroe Capital and Wells Fargo provided debt financing and ControlByNet's founder Ryan Strange will remain in leadership post-close.

Platte River Equity Acquires Building Controls & Solutions

February 3, 2025

Industrial Services

Platte River Equity, a Denver-based private equity firm, has acquired Building Controls & Solutions (BCS) from LKCM Headwater Investments. BCS is a value-added distributor of building automation, controls, gas detection and energy management solutions headquartered in the Dallas area with 24 branches across the U.S. and Canada; Platte River said it will support the company's next phase of growth across North America.

North Branch Capital Acquires STARC Systems

September 12, 2023

Manufacturing

North Branch Capital, a Chicago-area private equity firm, has acquired a majority ownership stake in STARC Systems, a Brunswick, Maine-based manufacturer of reusable temporary modular wall containment solutions. The investment will fund product innovation and expansion into new end markets including data centers, airports and life science labs.

Fintech Acquires iControl Systems USA, LLC Assets

March 13, 2024

Payments & Fintech

Financial Information Technologies, LLC (Fintech) completed an asset acquisition of iControl Systems USA, LLC (iControl), adding iControl’s alcohol invoice payments and scan-based trading technology to Fintech’s PaymentSource platform. The deal, which closed in December 2023, expands Fintech’s retail product portfolio and broadens PaymentSource capabilities beyond alcohol to additional retail categories.

Northleaf Capital Partners Acquires Controlling Interest in Mercury Broadband

November 8, 2022

Telecommunications

Northleaf Capital Partners has acquired a controlling interest in Mercury Broadband and will invest up to $230 million to accelerate Mercury's deployment of high-speed fiber and fixed wireless broadband across underserved rural markets in the U.S. Midwest. The capital will support construction of more than 12,000 miles of outside plant and hundreds of fixed wireless access sites across select markets in Kansas, Indiana, Missouri, Michigan, Ohio and Illinois.

Building Controls & Solutions Acquires Controlstop (Control Stop)

January 22, 2025

HVAC & Mechanical

Building Controls & Solutions (BCS) has acquired Controlstop, LLC (Control Stop), a Charlotte-based distributor of building automation and temperature control products. The deal expands BCS’s branch coverage and technical capabilities in the Carolinas to provide broader in-market service for commercial HVAC customers across North America.