Stonepeak Acquires Boundary Street Capital

Stone Point Capital Acquires Majority Stake in Beeline

May 3, 2022

Cloud & SaaS

Funds managed by Stone Point Capital have made a majority investment in Beeline, the Jacksonville-based provider of cloud solutions for sourcing and managing the extended workforce. Existing investor New Mountain Capital will remain a minority investor; the capital injection is intended to accelerate Beeline's platform innovation, AI capabilities and market expansion.

Sierra Digital Acquires Stonebridge Consulting

February 25, 2021

IT Services

Houston-based Sierra Digital has acquired Stonebridge Consulting, a privately held technology solutions provider to the energy sector. The deal combines Sierra's automation, analytics and cloud capabilities with Stonebridge's energy-focused solution accelerators to expand delivery capacity and product/service offerings; terms were not disclosed.

Stonepeak Provides Equity Commitment to Longview Infrastructure

March 28, 2025

Infrastructure

Stonepeak has provided an equity commitment to Longview Infrastructure, a newly formed electric transmission development and investment platform, to support the origination, development, construction, and operation of transmission projects across the United States. The partnership aims to scale transmission capacity to meet rising electricity demand and renewable integration; Sidley Austin advised Stonepeak and Vinson & Elkins advised Longview.

Stonepeak Acquires Astound Broadband from TPG for $8.1 Billion

November 1, 2020

Telecommunications

Stonepeak Infrastructure Partners agreed to acquire Astound Broadband (RCN, Grande, Wave, enTouch) from TPG Capital and Patriot Media Management for $8.1 billion. Stonepeak will partner with the Astound management team (Patriot Media) to invest in network expansion and technology upgrades; the deal was expected to close in Q2 2021 subject to customary approvals.

TowerBrook and Related Fund Management Invest in Stonebridge Companies

March 2, 2022

Real Estate

TowerBrook Capital Partners completed a majority investment in Stonebridge Companies, with Related Fund Management taking a significant minority stake and founder Navin Dimond rolling a meaningful portion of his equity. The investors and Stonebridge will commit capital to establish a real estate investment platform to fund new hotel acquisitions and support the company’s geographic expansion and operational growth; financial terms were not disclosed.

Charlesbank Capital Partners Makes Growth Investment in Bridgepointe Technologies

January 11, 2022

IT Services

Charlesbank Capital Partners has made a strategic growth investment in Bridgepointe Technologies, a San Mateo-based IT strategy and advisory firm. Bridgepointe raised more than $100 million in total proceeds to fund partner recruitment and enablement, service and brand expansion, key hires, and future acquisitions.