Leonard Green & Partners Acquires GeoStabilization International from KKR

Spatial Business Systems Acquires GeoSpatial Innovations, Inc.

January 2, 2026

Cloud & SaaS

Spatial Business Systems, a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations, Inc. (GSI), a provider of distribution design and vegetation management software for the power and utility industry. The add-on acquisition, which closed January 2, 2026, expands SBS’s intelligent design platform with GSI’s cloud-based Distribution Design Studio (DDS) and mobile Forester field offerings to better serve utilities and infrastructure customers across North America and Europe.

Leonard Green & Partners and Hg Take Co-Controlling Stake in IRIS Software Group

December 23, 2023

Software

Leonard Green & Partners (LGP) will take a co-controlling stake in IRIS Software Group alongside existing investor Hg, with ICG remaining as a minority investor. The transaction values IRIS at an enterprise value of around £3.15 billion and is intended to support IRIS's continued scaling and expansion in North America; closing is subject to customary regulatory clearances.

Global Infrastructure Solutions (GISI) Merges with GEI Consultants

May 16, 2022

Engineering Services

Global Infrastructure Solutions Inc. (GISI) announced a merger with GEI Consultants, Inc., bringing GEI into the GISI family while allowing GEI to retain its brand and extend employee ownership. The transaction expands GISI’s Global Engineering and Consulting Platform and strengthens GEI’s capacity and footprint across North America.

Leonard Green & Partners Acquires Majority Stake in ECI Software Solutions

November 19, 2020

Cloud & SaaS

Leonard Green & Partners will acquire a majority stake in ECI Software Solutions from funds advised by Apax Partners and The Carlyle Group; financial terms were not disclosed. Funds advised by Apax Partners will retain a minority stake. ECI is a Fort Worth, Texas–based provider of cloud-based ERP and vertical-market SaaS for small and medium-sized businesses, with ~1,700 employees and more than 22,000 customers.

Blackstone Energy Partners Makes Majority Investment in Geosyntec Consultants

May 10, 2022

Engineering Services

Blackstone Energy Partners has agreed to make a majority investment in Geosyntec Consultants, a global environmental engineering and design consulting firm. The capital will support Geosyntec’s growth—including strategic acquisitions, recruiting, and geographic expansion—while terms were not disclosed.

L Squared Capital Partners / GSI Group Acquires Globe Scientific

April 28, 2022

Manufacturing

L Squared Capital Partners has acquired Globe Scientific and folded it into its GSI Group Holdings platform as the platform’s third add-on. Globe Scientific, a US-based maker and distributor of laboratory plasticware, glassware and benchtop equipment, will be integrated to expand GSI Group’s product portfolio, distribution footprint and reach into biopharma, diagnostics and academic research markets.