Charlesbank Capital Partners Makes Growth Investment in Bridgepointe Technologies

Charlesbank Capital Partners Commits $250M to Rise Growth Partners

February 1, 2024

Wealth Management

Charlesbank Capital Partners has committed $250 million to Rise Growth Partners to provide growth capital that Rise will use to acquire minority stakes in high-growth registered investment advisors (RIAs). Rise, based in Austin, will leverage the capital and its operating team to provide strategic guidance and accelerate partner RIAs' organic growth and M&A activity.

Charlesbank Capital Partners Makes Majority Growth Investment in Petra Funds Group

October 19, 2023

Financial Services

Charlesbank Capital Partners has agreed to make a majority growth investment in Petra Funds Group, a fund administrator serving private investment firms. The Petra founders and management will remain significant shareholders, and the investment will support Petra's scaling of services, technology enablement, and talent recruitment to expand its fund administration and middle/back-office offerings.

Bridgepointe Technologies Acquires Cannon Group

October 5, 2022

IT Services

Bridgepointe Technologies has acquired Cannon Group, a provider of technology lifecycle management, telecom/expense management, strategic sourcing and transition management services. The acquisition (an add-on to Bridgepointe, a portfolio company of Charlesbank Capital Partners) expands Bridgepointe's capabilities and geographic coverage in the Mid-Atlantic and Midwest and adds roughly a 46–50 person professional services team.

Charlesbank Capital Partners Makes Strategic Growth Investment in Searchlight Cyber

January 18, 2024

Cybersecurity

Charlesbank Capital Partners has made a strategic growth investment in Searchlight Cyber, a Portsmouth-based dark web intelligence and threat intelligence software company. The founders and existing investor Astra Capital Management remain invested; proceeds will be used to accelerate R&D, expand go-to-market capabilities and support organic growth and acquisitions. Financial terms were not disclosed.

Bridgepoint Development Capital Makes Growth Investment in Matrix SCM

June 25, 2020

Staffing & HR

Bridgepoint Development Capital (BDC) has made a growth investment in Matrix SCM, a Milton Keynes–based managed service provider that outsources hiring and management of temporary local government staff in the UK. The investment (from the Bridgepoint Development Capital III fund) will fund technology platform enhancements and selective acquisitions to accelerate growth and expand into new public-sector and professional procurement markets.

Charlesbank, TA Associates and Vista Equity Partners Invest in Aptean

June 23, 2020

Software

Aptean announced that funds affiliated with Charlesbank Capital Partners will make a strategic growth investment, joining existing investors TA Associates and Vista Equity Partners; TA Associates will also make an additional investment. The funding will support increased investment in innovation and accelerate Aptean's global expansion; the transaction was expected to close in Q3 2020 pending regulatory approvals.