BlackRock TCP Capital Corp. Completes Merger with BlackRock Capital Investment Corporation

BlackRock LTPC Acquires Majority Stake in Transaction Data Systems from GTCR

May 17, 2021

Healthcare Services

BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Transaction Data Systems (TDS), a provider of pharmacy management software and services, with GTCR retaining a minority stake. LTPC will partner with TDS management to drive the company's next phase of growth, building on TDS's pharmacy software, data analytics and clinical offerings.

BlackRock LTPC Acquires Majority Stake in Summit Companies

September 20, 2021

Industrial Services

BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Summit Companies, a national fire and life safety services provider, from CI Capital Partners. LTPC will partner with Summit's management to scale capabilities and expand the company's geographic footprint across the Midwest, South and Southwest.

Concrete Pumping Holdings Acquires Capital Pumping

March 18, 2019

Construction

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) agreed to acquire Capital Pumping, LP and its affiliates in an all-cash transaction to expand its footprint and scale in the fragmented Texas concrete-pumping market. The deal—expected to close in Q2 2019 and financed via equity/equity-linked securities and additional term loans—adds a well-run, family-owned Texas business with an efficient, young fleet and reported adjusted EBITDA of approximately $23 million for 2018.

Bakkt Completes Business Combination with VPC Impact Acquisition Holdings

October 15, 2021

Payments & Fintech

Bakkt Holdings, LLC completed its business combination with special purpose acquisition company VPC Impact Acquisition Holdings, and the combined company began trading on the New York Stock Exchange on October 18, 2021 under the ticker BKKT. The transaction generated approximately $448 million in gross proceeds to Bakkt; Intercontinental Exchange (ICE) maintains an approximately 68% economic interest and a minority voting interest in the combined company.

BRP Group Acquires The Capital Group

August 2, 2021

Financial Services

BRP Group, Inc. (NASDAQ: BRP) has acquired substantially all assets of TCG Financial Holding Company, LLC, which operates as The Capital Group, a Bethesda-based provider of employee benefits consulting, retirement plan consulting, wealth advisory and commercial insurance brokerage services. The transaction adds over 50 colleagues and deepens BRP Group's capabilities in employee benefits, wealth advisory and retirement consulting while increasing scale in the D.C. Metro region and key end markets such as government contracting, technology and non-profits.

TPC Wire & Cable Acquires Integrated Cable Systems, Inc.

February 18, 2021

Manufacturing

TPC Wire & Cable, a portfolio company of Audax Private Equity, has acquired Integrated Cable Systems, Inc. (ICS), an ISO 9001 certified manufacturer of custom cables, harnesses, electro-mechanical assemblies and industrial panels based in Longmont, Colorado. The acquisition is an add-on to TPC's newly formed Engineered Products Division to expand capabilities and product offerings into high-reliability end markets such as medical, semiconductor/test & measurement, aerospace and defense.