Nexus Capital Management Invests in Lamps Plus

Luminate Capital Partners Makes Strategic Growth Investment in Axonify

April 20, 2021

Cloud & SaaS

Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a Waterloo-based leader in frontline employee training SaaS. The capital will be used to accelerate product innovation and other growth initiatives while Axonify continues to be led by CEO and co-founder Carol Leaman; Luminate partners will join the company’s board.

Nexus Capital Management LP Makes Strategic Growth Investment in Sky Organics

May 13, 2021

Consumer Products

Nexus Capital Management LP completed a strategic growth investment in Sky Organics, a family-owned natural and certified organic personal care brand. Nexus said it will increase marketing investments and support the company's growth and distribution expansion for its clean-beauty product lines.

Northlane Capital Partners Invests in Plus Delta Partners

February 25, 2025

Professional Services

Northlane Capital Partners (NCP) has made a growth investment in Plus Delta Partners (PDP), a provider of fundraising training and tools for higher education, healthcare organizations and other nonprofits. Stellus Capital Management provided senior unitranche financing and an equity co-investment to support the transaction; PDP's management team and founder also participated alongside NCP.

Rugs Direct (L2-backed) Acquires Lightopia

January 10, 2022

E-Commerce

Rugs Direct Holdings, backed by private equity firm L2 Capital Partners, has acquired Lightopia, an omnichannel lighting retailer with retail showrooms and an ecommerce store in Southern California. The deal expands Rugs Direct's product offering into the lighting category as an add-on to its home furnishings ecommerce platform to drive category expansion and cross-selling opportunities.

Quadria Capital Leads $102M Investment in NephroPlus; Investcorp Partially Exits

May 7, 2024

Healthcare Services

Quadria Capital led a $102 million funding round in NephroPlus that combines primary capital and a secondary purchase of stakes from existing investors, including Investcorp, Bessemer Venture Partners, IFC and IIFL Private Equity. Investcorp retains a significant minority stake; the new capital will be used to fund organic growth in India and further international expansion of NephroPlus, Asia's largest dialysis service network headquartered in Hyderabad.

CID Capital Recapitalizes LumiSource with Northstar Capital Financing

January 21, 2022

Consumer Products

Indianapolis-based private equity firm CID Capital has partnered with LumiSource, a designer and supplier of home décor and furnishings based in Elk Grove Village, Illinois, in a recapitalization. Stifel Bank provided senior financing while Northstar Capital provided subordinated debt and an equity co-investment to support the transaction; terms were not disclosed.