Cohere Capital Acquires Phaedon from ICF; Graycliff and Brookside Provide Financing

Further Global-Led Consortium Acquires Phaidon International from Quilvest

July 18, 2022

Staffing & HR

Funds managed by Further Global, supported by investor capital from Neuberger Berman, Pictet and OPTrust, have agreed to acquire Phaidon International from current sponsor Quilvest Capital Partners. The transaction will see Quilvest exit while management retains a significant stake; the investment is intended to fuel Phaidon's global growth and expansion to more than 1,400 staff and 15 offices.

Kohlberg & Company Acquires Riveron from H.I.G. Capital

June 9, 2023

Consulting

Affiliates of Kohlberg & Company have agreed to acquire Riveron, a national business advisory firm, from H.I.G. Capital. H.I.G. will retain a minority stake and a significant portion of Riveron's employees will hold equity; the deal is intended to accelerate Riveron's capability and geographic expansion to support further growth.

Hale Capital Partners Acquires Majority Stake in Athenium

November 6, 2024

Software

Hale Capital Partners, a New York-based growth private equity firm, led a cooperative recapitalization to acquire a majority stake in Athenium, a Dover, New Hampshire provider of risk and quality management software. The investment brings in Jim Greenwell as CEO and will support product development, AI/analytics capabilities and expansion into new verticals including insurance, financial services and government.

Incline Equity Partners Invests in Icreon

November 3, 2022

IT Services

Pittsburgh-based private equity firm Incline Equity Partners announced an investment in Icreon, a New York–based digital transformation agency. The partnership will support Icreon’s growth plans, including capability expansion, go-to-market investment and potential strategic acquisitions to deepen service offerings for enterprise and mid-market clients.

Cohere Capital Makes Growth Investment in ClearScale

January 7, 2020

IT Services

Boston-based private equity firm Cohere Capital has completed a strategic growth investment in ClearScale, a San Francisco–based cloud-native systems integrator and application development firm. The investment will fund ClearScale's expansion of managed services, sales, marketing and service delivery capabilities, and growth of its data analytics and machine learning practices across additional U.S. locations.

Graycliff Partners Acquires Ballymore Company, Inc.

March 11, 2021

Manufacturing

Graycliff Partners LP has completed the acquisition of Ballymore Company, Inc., a Coatesville, Pennsylvania-based designer and manufacturer of safety-focused material handling equipment. Brookside Capital Partners provided subordinated debt and an equity co-investment to facilitate the transaction; Graycliff plans to grow Ballymore organically and through add-on acquisitions while expanding its product line.