PRA Acquires Island Style Innovations in Hawai‘i

PRA Acquires Weil & Associates

June 1, 2023

Professional Services

PRA, a Chicago-based business events firm and portfolio company of EagleTree Capital, has acquired Hawai‘i-based destination management company Weil & Associates. The deal brings Weil’s local team and destination expertise into PRA’s platform as PRA Hawai‘i, expanding PRA’s capabilities in the incentive and Hawaiian markets.

EagleTree Capital Acquires PRA Business Events from CI Capital Partners

March 7, 2023

Professional Services

EagleTree Capital has acquired PRA, a Chicago-based leader in business event management, from CI Capital Partners. The PRA management team will remain in place and EagleTree said it will invest to expand PRA's market-leading event design, production and digital engagement capabilities; terms were not disclosed.

ICON plc Acquires PRA Health Sciences

February 24, 2021

Healthcare Services

ICON plc agreed to acquire PRA Health Sciences in a cash-and-stock transaction valued at approximately $12 billion, with PRA shareholders receiving $80 in cash and 0.4125 shares of ICON. The deal creates a combined company headquartered in Dublin, Ireland (retaining the ICON name) with expanded clinical trial scale, healthcare intelligence capabilities and approximately 38,000 employees, enabling broader decentralized and hybrid trial solutions.

Praesidian Capital Exits Ocean State Innovations

January 3, 2023

Manufacturing

Praesidian Capital announced it has fully realized its equity investment in Ocean State Innovations, a Portsmouth, Rhode Island-based textile converter and fabric finishing business. The release did not disclose a buyer; Praesidian highlighted the company's management team and multi-year growth through organic initiatives and acquisitions.

OakLeaf Software, Inc. Acquires DPRA

September 2, 2020

IT Services

OakLeaf Software, Inc., led by retired Rear Admiral Mark Heinrich, has acquired DPRA, a 60-year-old provider of custom software, environmental analysis and public sector consulting headquartered in Manhattan, Kansas. The combined company will increase investment in cloud-based enterprise software and augment leadership, with DPRA's CEO Denis O'Keefe stepping down to a board role and new senior hires added to the leadership team.

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.