BlackRock LTPC Acquires Majority Stake in Alacrity Solutions from Kohlberg

BlackRock LTPC Acquires Aquila Heywood

February 12, 2021

Software

BlackRock Long Term Private Capital (LTPC) has reached an agreement to acquire Aquila Heywood, a UK market leader in pensions administration software and services. The existing management team led by CEO Andy Ross will remain in place, and BlackRock LTPC says the investment will support further product development, technology investment and growth of the business; terms were not disclosed.

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.

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.

Alacrity Solutions Acquires Fourseventy Claim Management

February 1, 2021

Insurance

Alacrity Solutions Group, a Kohlberg-backed provider of insurance claims management services, has acquired Fourseventy Claim Management. Financial terms were not disclosed; the acquisition expands Alacrity's scale and capabilities by adding Fourseventy’s nationwide network of over 800 field and desk adjusters and its third-party administration offerings.

BlackRock LTPC Acquires Majority Stake in Paradigm Oral Health

September 22, 2022

Healthcare Services

BlackRock Long Term Private Capital (LTPC) has entered into a definitive agreement to acquire a majority interest in Paradigm Oral Health from shareholders including InTandem Capital Partners. The investment will partner with Paradigm's executive team, led by founder and CEO Dr. David Rallis, to support platform expansion, technology adoption and continued growth of the company's oral surgery and digital dentistry platform.

BlackRock LTPC Makes Strategic Investment in Authentic Brands Group

August 11, 2019

Consumer Products

Entities affiliated with BlackRock’s Long Term Private Capital (LTPC) strategy made a strategic investment in Authentic Brands Group (ABG), becoming the largest investor and partnering with ABG’s management team. The investment is intended to support ABG’s next phase of global growth, platform evolution and capability expansion.