New Mountain Capital Acquires Majority Stake in Salute Holdings
September 30, 2024
New Mountain Capital has made a majority investment in Salute Holdings, a provider of integrated lifecycle services for data centers, with existing investor LLR Partners retaining a significant minority stake. The investment will support Salute’s growth trajectory, expansion of technology-enabled offerings, and continued focus on recruiting and training talent across its global footprint.
- Buyers
- New Mountain Capital
- Targets
- Salute Holdings, LLC
- Sellers
- LLR Partners
- Industry
- Infrastructure
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
LLR Partners Makes Growth Investment in Salute Mission Critical
February 23, 2021
IT Services
LLR Partners completed a growth investment in Salute Mission Critical to provide capital and strategic support for scaling the company’s mission-critical data center lifecycle services. The funding will be used to expand infrastructure and global operations, support strategic M&A, and accelerate Salute’s training and hiring of military veterans for technical roles.
-
New Mountain Capital Partners with Accolite Digital
February 16, 2021
IT Services
New Mountain Capital has made a growth-oriented investment in Accolite Digital, a cloud and digital product engineering services provider headquartered in Addison, Texas. Accolite's founder and management team will remain invested and in place as the firm looks to scale its global delivery model, expand service offerings, and pursue strategic acquisitions.
-
Salute Acquires Advanced Data Center Consulting Group (ADCC) and Keysource Group
March 24, 2025
Infrastructure
Salute (formerly Salute Mission Critical), a New Mountain Capital–backed data center lifecycle services provider, has acquired AI-focused training and consulting firm Advanced Data Center Consulting Group (ADCC) and European data center solutions provider Keysource Group. The deals expand Salute’s AI training and technical capabilities while deepening its regional capacity across EMEA; financial terms were not disclosed.
-
New Mountain Capital Acquires Horizon Group Holdings from Sun Capital Affiliate
November 13, 2019
HVAC & Mechanical
New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.
-
New Mountain Capital Invests in Consor Holdings
June 3, 2024
Engineering Services
New Mountain Capital has made a significant growth investment in Consor Holdings LLC to support the firm's continued expansion; Consor leadership and employees retain a significant ownership stake. As part of the transaction, Keystone Capital fully sold its stake, and the new capital will be used to expand Consor’s geographic reach, service offerings, technology enablement, and strategic M&A.
-
New Mountain Capital Invests in Access Healthcare
January 14, 2025
Healthcare Services
Affiliates of New Mountain Capital have made a growth investment in Access Healthcare to support the company’s next phase of expansion. The capital will be used to advance AI and workflow automation, accelerate product development, and expand Access Healthcare’s revenue cycle management platform into new markets while the existing leadership team remains in place.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.