Level Equity Recapitalizes TeamDynamix with K1 Rolling a Material Stake
December 21, 2022
Level Equity Management has made a majority investment in TeamDynamix, a Columbus-based provider of ITSM, PPM and iPaaS software, while existing investor K1 Investment Management exited but rolled a material portion of proceeds back into the business and will remain a significant equity holder. The recapitalization is intended to provide growth capital to accelerate product innovation and expand TeamDynamix's market share across industries such as financial services, healthcare and the public sector.
- Buyers
- Level Equity Management
- Targets
- TeamDynamix
- Sellers
- K1 Investment Management
- Industry
- Cloud & SaaS
- Location
- Ohio, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Level Equity Invests in TeamSupport
July 17, 2018
Cloud & SaaS
Level Equity has made a growth investment in TeamSupport, a B2B customer support software provider, to accelerate the company’s product development, customer success, sales, and marketing initiatives. Software Equity Group served as exclusive advisor to TeamSupport on the transaction.
-
Aquiline and Level Equity Recapitalize Planet DDS
June 1, 2022
Dental
Planet DDS, a provider of cloud-based dental practice management and imaging software, agreed to be recapitalized by Aquiline Capital Partners with existing investor Level Equity rolling a portion of its equity and investing additional capital. The recapitalization will fund Planet DDS's growth plans and accelerate product and market expansion; the transaction is expected to close in Q3 2022.
-
Ridgemont Equity Partners Recapitalizes smartShift
September 6, 2023
IT Services
Ridgemont Equity Partners completed a recapitalization of smartShift, a tech-enabled provider of SAP application migration and modernization solutions. The smartShift leadership team remains in place and invested; the deal provides capital and strategic resources to accelerate product innovation, expand the recurring solution offering, and grow global sales and marketing.
-
ION Investment Group Recapitalizes Broadway Technology
February 14, 2020
Software
ION Investment Group has recapitalized Broadway Technology, acquiring a controlling stake alongside Long Ridge Equity Partners with continued investment from Broadway's founders. The transaction will provide capital to accelerate Broadway’s product roadmap—particularly workflow automation and cloud capabilities—and expands ION’s front-office offerings, complementing its recent FX capabilities.
-
Kian Capital Partners Recapitalizes Enterprise Computing Services and My IT
January 27, 2020
IT Services
Kian Capital Partners, alongside ParkSouth Ventures and management, completed a majority recapitalization of Enterprise Computing Services (ECS) and My IT, two Louisiana-based managed service providers. The investment will support the combined company's growth strategy — including pursuing additional acquisitions — and the combined organization will operate under the My IT brand.
-
Marlin Equity Partners Majority Recapitalizes Skuid
April 16, 2019
Cloud & SaaS
Marlin Equity Partners completed a majority recapitalization and growth investment in Skuid, a Chattanooga-based no-code, cloud application development platform. The investment will support Skuid’s expansion of web and mobile application development capabilities and accelerate its growth with enterprise customers.
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.