Bessemer Investors Acquires Xanitos from Angeles Equity Partners

Angeles Equity Partners Acquires Xanitos

June 29, 2021

Healthcare Services

Angeles Equity Partners, through an affiliate, acquired Xanitos, Inc., a specialized provider of environmental services (EVS), linen management, laundry, and patient transport services to hospitals and acute care settings nationwide. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction; financial terms were not disclosed. Angeles said the deal establishes Xanitos as a specialist EVS platform to accelerate growth and consolidate the sector.

Xanitos Acquires Legion Building Services

April 20, 2022

Healthcare Services

Xanitos, a PE‑backed provider of hospital housekeeping, patient transport, and linen services, has acquired Legion Building Services to add specialized ambulatory and outpatient cleaning capabilities. Legion, headquartered in New Jersey, will operate as an independent brand within the Xanitos family; terms were not disclosed.

Verdantas Acquires Aegis Environmental

September 17, 2024

Environmental Services

Verdantas, a Tampa-based environmental and engineering consulting firm backed by Sterling Investment Partners, has acquired Aegis Environmental, a Richmond, Virginia environmental consultancy. The acquisition expands Verdantas' geographic footprint into Virginia and strengthens its environmental health & safety, permitting, stormwater, and sustainability capabilities as an add-on to the Verdantas platform.

Xalles Holdings Acquires InnovationsHR to Enter US Healthcare Financial Ecosystem

March 13, 2023

Professional Services

Xalles Holdings Inc. has executed an agreement to acquire InnovationsHR, Inc., making the Texas-based PEO a wholly owned subsidiary of Xalles Financial Services Inc. The acquisition gives Xalles a foothold in the U.S. healthcare financial ecosystem through InnovationsHR's PEO capabilities and affiliated MSO/TPA and insurance agency relationships.

ChrysCapital Acquires Xoriant

January 5, 2023

IT Services

ChrysCapital has acquired Xoriant, a Sunnyvale-headquartered software engineering and digital IT services provider, in a buyout aimed at accelerating Xoriant’s next phase of growth. ChrysCapital said the investment will support scaling the company’s digital product engineering, cloud, security, and data capabilities and expand value creation across its global enterprise client base.

Verdantas (Sterling-backed) Acquires Independent Solutions

July 3, 2025

Environmental Services

Verdantas, a portfolio company of Sterling Investment Partners, acquired Independent Solutions, Inc., a Lake Elsinore, California-based inspection and soil/materials testing firm focused on healthcare projects. The add-on expands Verdantas' presence in Southern California and enhances its geotechnical, inspection, 3D scanning, and materials testing capabilities for the healthcare market.