Clearspring Capital Partners Leads Growth Investment in INNOTEX

Clearspring Capital Partners and OneLink Capital Invest in Groupe Tecnic and École de Conduite Tecnic Rive-Nord

December 16, 2022

Education

Clearspring Capital Partners and OneLink Capital (with financial participation from BDC Growth Equity Partners) announced a minority growth investment in Groupe Tecnic and École de Conduite Tecnic Rive-Nord. The founding Sévigny and Aubé families remain significant shareholders with management continuity (CEO Mylène Sévigny to remain); the capital will support Tecnic's growth plan and potential expansion beyond Quebec.

Enlightenment Capital-backed iNovex Acquires Innoplex

May 19, 2023

Cybersecurity

Enlightenment Capital-backed iNovex has acquired Innoplex, combining two long-standing intelligence-focused software and cybersecurity services firms. The deal creates a middle‑market intelligence and cybersecurity platform with more than 1,000 employees and roughly $2 billion in recent prime contract awards; Innoplex president Chris Hawthorne will serve as president of the combined company under iNovex leadership.

Bain Capital Tech Opportunities Invests R$450M in Bionexo

October 15, 2021

Cloud & SaaS

Bain Capital Tech Opportunities has made a R$450 million growth investment in Bionexo, a São Paulo–headquartered healthcare cloud software and data analytics provider. The funding will be used to expand Bionexo's suite of healthcare SaaS products, accelerate AI/ML development, and pursue transformational M&A to deepen its marketplace and supply‑chain capabilities across Latin America.

Roebling Capital Partners Leads Investment in SprayEZ

January 31, 2025

Manufacturing

Roebling Capital Partners has made a strategic growth investment in Spray Equipment and Coatings, Inc. ("SprayEZ"), with NewSpring Capital and Providence Investment Partners joining the transaction; founders Fred and Kibbee Akel remain key owners. The capital will fund nationwide expansion, a third location, an expanded aftermarket product line, and broader distribution of the proprietary ExpandoThane coating; Heritage Capital Group advised the sellers.

NewSpring Holdings Acquires Xpect Solutions

October 15, 2024

IT Services

NewSpring Holdings has acquired Xpect Solutions, a Fairfax, Virginia–based systems integrator that provides enterprise IT and physical security solutions to federal agencies. Lafayette Square provided a debt facility to support the transaction as NewSpring builds a federal, law-enforcement-focused platform to expand mission-critical IT and security capabilities.

Luminate Capital Partners Makes Strategic Growth Investment in Axonify

April 20, 2021

Cloud & SaaS

Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a Waterloo-based leader in frontline employee training SaaS. The capital will be used to accelerate product innovation and other growth initiatives while Axonify continues to be led by CEO and co-founder Carol Leaman; Luminate partners will join the company’s board.