Bain Capital Ventures and Insight Venture Partners Recapitalize SolarWinds.net

Turn/River Capital Acquires SolarWinds

April 16, 2025

Software

Turn/River Capital has completed the acquisition of SolarWinds Corporation for approximately $4.4 billion, paying SolarWinds shareholders $18.50 per share in cash. With the closing, SolarWinds becomes a privately held company; Turn/River said it will invest in product innovation, observability, and AI-powered automation to accelerate growth.

Insight Partners and OA Private Capital Lead Growth Recapitalization of Advantive

September 13, 2023

Software

Advantive, a Tampa-based provider of ERP, MES and SPC software for specialty manufacturing and distribution, announced a growth recapitalization led by Insight Partners and OA Private Capital, with existing investor TA Associates reinvesting. The financing will support Advantive's continued scaling, product and market expansion and execution of strategic initiatives; financial terms were not disclosed.

ShoreView Capital Partners Recapitalizes 8020 Consulting

October 15, 2021

Consulting

Minneapolis-based private equity firm ShoreView Capital Partners has completed an investment to recapitalize 8020 Consulting, a Southern California financial consulting firm. ShoreView partnered with 8020's management to support growth, backing a strategy that includes pursuing add-on acquisitions and geographic expansion.

LLR Partners and Parthenon Capital Recapitalize DaySmart Software

October 16, 2019

Cloud & SaaS

LLR Partners and Parthenon Capital completed a growth-oriented recapitalization of DaySmart Software, acquiring the Ann Arbor-based provider of vertically-focused business management software for salons, pet care, spas and tattoo studios from SFW Capital Partners. The recapitalization is intended to fund product investment, accelerate organic growth and enable complementary acquisitions while DaySmart remains led by CEO Jeff Dickerson.

Nautic Partners Recapitalizes IT Solutions Consulting (ITS)

May 11, 2022

IT Services

Nautic Partners has completed a recapitalization of IT Solutions Consulting, Inc. (ITS), a Fort Washington, Pennsylvania–based managed IT services provider, in partnership with ITS management. The investment will fund technology and capability investments (including cybersecurity and cloud), support customer success and technical talent, and accelerate ITS' geographic expansion and M&A activity.

Blue Horizon Software Recapitalizes Nirvana Financial Solutions

July 15, 2022

Cloud & SaaS

Blue Horizon Software Holdings, a Chicago-based SaaS platform and portfolio company of Concentric Equity Partners, has recapitalized Nirvana Financial Solutions, providing liquidity to existing shareholders and a majority investment to support growth. Nirvana's founder and management team will remain in place as the company uses the capital to expand sales and marketing, enhance product offerings, and broaden its markets served.