Buy-Out Group Led by Win-Light Global Seeks to Acquire ConnectM Technology Solutions

ARUMILLI LLC Acquires 7.4% Stake in ConnectM Technology Solutions

March 19, 2025

Energy

ARUMILLI LLC filed a Schedule 13G disclosing ownership of 2,121,800 shares (approximately 7.4%) of ConnectM Technology Solutions, bringing total institutional ownership in ConnectM to about 33%. The filing reflects a passive institutional investment in ConnectM, a Marlborough, Massachusetts-based company that provides an Energy Intelligence Network platform and electrification solutions for residential, light commercial and OEM customers.

The Longreach Group and Our Billion Ventures Take Private Lightworks Corp

August 21, 2025

Education

The Longreach Group, partnering with independent sponsor Our Billion Ventures, completed a take-private of Lightworks Corp (TSE:4267), a Japan-based cloud learning management and HCM platform. The tender offer priced Lightworks at JPY 2,179 per share (a ~68.9% premium) with the deal intended to accelerate product and service growth while retaining CEO Natsuo Eguchi.

Marlin Equity Partners Acquires Majority Stake in Cloud Technology Solutions Group (CTS & CloudM)

January 9, 2023

Cloud & SaaS

Marlin Equity Partners has acquired a majority stake in Cloud Technology Solutions Group (CTS & CloudM). NorthEdge Capital sold the majority stake but has reinvested and will remain a minority shareholder; Marlin will work with management to scale CTS's Google Cloud professional and managed services and to grow CloudM's Workspace/M365 migration and management software across EMEA.

Main Street Capital Participates in $41.4M Minority Recapitalization of Connect Telecommunications Solutions

October 16, 2024

Telecommunications

Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.

Amplix Acquires Twin Lights Group

July 9, 2024

IT Services

Amplix, a Gemspring Capital portfolio company, has acquired Twin Lights Group, a South Plainfield, New Jersey-based technology advisory and network implementation firm. Terms were not disclosed; the deal brings Twin Lights’ advisory capabilities and ~140 enterprise and SMB customers onto the Amplix platform as an add-on to expand its IT advisory and infrastructure services.

CMIT Solutions Acquires Wright Technology Group

June 26, 2025

IT Services

CMIT Solutions has acquired Wright Technology Group, a Southern Massachusetts managed service provider, to strengthen CMIT’s presence across Greater Providence and the broader New England region. Howard Wright will remain on board to ensure continuity as the regional MSP is integrated into CMIT’s national network of franchise locations.