Fort Point Capital Acquires NewBold Corporation
August 13, 2024
Fort Point Capital, a Boston-based private equity firm, has acquired NewBold Corporation, a Greenville, South Carolina-based provider of managed technology services for POS, AIDC and payment devices. Brookside Capital Partners provided subordinated debt and an equity co-invest to support the transaction, while Old Second National Bank and Brookside Mezzanine provided debt financing; terms were not disclosed.
- Buyers
- Fort Point Capital, Brookside Capital Partners
- Targets
- NewBold Corporation
- Industry
- IT Services
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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