Black Mountain Software Acquires Cascade Software Systems

Peterson Invests in Black Mountain Software

July 5, 2022

Software

Peterson (Peterson Private Equity / Peterson Partners) has made a growth equity investment in Black Mountain Software, a Polson, Montana-based provider of government accounting, utility billing, and school district accounting software. The capital will be used to accelerate product expansion, innovation, and growth into new geographies, and Black Mountain has added Mike Fabrizio and Nate Quinn as co-CEOs to support that growth.

Black Mountain Software Acquires Fiscalsoft

May 10, 2024

Software

Black Mountain Software, a Peterson Partners–backed provider of accounting and billing software for local governments, has acquired Fiscalsoft, a Kentucky-based maker of accounting and payroll software for local government entities. The undisclosed deal expands Black Mountain's local government ERP portfolio and marks its entry into the Kentucky market.

Vista Equity Partners Acquires Black Mountain Systems

May 29, 2019

Software

Vista Equity Partners has agreed to acquire Black Mountain Systems, a San Diego–based provider of workflow and portfolio management software for credit investors and alternative asset managers. The transaction will see Stone Point Capital exit its investment and provides Black Mountain with capital and resources to accelerate product development, international expansion and growth under Vista's ownership.

Green Cloud Technologies Acquires Cascade Defense

February 10, 2021

Cybersecurity

Green Cloud Technologies has reached a definitive agreement to acquire Cascade Defense, a Spokane-based managed security service provider (MSSP). The deal, expected to close in Q1 2021, adds a Fortinet MSSP Expert partner, a Security Operations Center (SOC) and SIEM/SOC-as-a-service capabilities to Green Cloud's offering to its MSP and VAR partner ecosystem.

New Mountain Capital Acquires Majority Stake in Ontario Systems

August 23, 2019

Software

New Mountain Capital has agreed to purchase a majority stake in Ontario Systems from Arlington Capital Partners. The transaction gives New Mountain control of the Muncie, Indiana-based enterprise software provider to support continued organic and inorganic growth across healthcare, government, and accounts receivable management markets.

Springbrook Acquires BIAS Software

January 14, 2020

Cloud & SaaS

Springbrook, a portfolio company of Accel-KKR, has completed the acquisition of BIAS Software, a Spokane-based provider of cloud-based accounting and utility billing software for local public agencies. The deal is Springbrook's first add-on since becoming PE-backed and is intended to deepen Springbrook's market presence and product capabilities in the U.S. Pacific Northwest.