Edessa Growth Partners Acquires Thillens

Thomas H. Lee Partners Invests in Odessa

September 15, 2021

Software

Thomas H. Lee Partners (THL) has made a strategic growth investment in Odessa, a Philadelphia-based provider of asset finance and leasing software. The investment will fund Odessa's platform roadmap, capability expansion across financial services, geographic growth (U.S. and international), and potential M&A activity to accelerate product and market expansion.

Tilia Holdings Acquires Ellison Bakery

August 19, 2020

Food & Beverage

Chicago-based private investment firm Tilia Holdings completed the acquisition of Fort Wayne, Indiana-headquartered Ellison Bakery from the Ellis family and a group of private equity investors including Blackford Capital and Promus Equity Partners. Ellison is a manufacturer of cookies, crunches, inclusions and bars serving retail, foodservice and private label customers; management will remain in place and debt financing was provided by Comerica and others.

Strength Capital Partners Acquires Truesdell Corporation

April 15, 2021

Construction

Strength Capital Partners has acquired Truesdell Corporation, a Tempe, Arizona–headquartered provider of concrete infrastructure maintenance, repair and safety enhancement services. Terms were not disclosed; Strength will support Truesdell's growth through organic initiatives and a buy-and-build strategy supported by financing from First Merchants Bank, Northcreek Mezzanine and Midwest Mezzanine. Peninsula Capital Partners was the selling investor and D.A. Davidson served as financial advisor to Peninsula and Truesdell.

Macquarie Asset Management Acquires Thyssengas from DIF and EDF Invest

October 29, 2021

Energy

Macquarie Asset Management, via its Macquarie Super Core Infrastructure Fund, has agreed to acquire Germany's Thyssengas from DIF and EDF Invest. Thyssengas operates a c.4,400 km gas transmission network serving municipal distributors, industrial customers and storage facilities in Germany's North Rhine-Westphalia region; Macquarie says it will support the company's transition to carry low-carbon gases such as hydrogen.

Thoma Bravo and Madison Dearborn Partners Complete Investments in Syntellis Performance Solutions

August 3, 2020

Software

Funds affiliated with private equity firms Thoma Bravo and Madison Dearborn Partners completed investments in Syntellis Performance Solutions, enabling the company to operate as a standalone, software-focused business. The transaction provides capital and resources to accelerate product innovation, expand client services, and support growth across healthcare, higher education and financial institution markets.

Wealth Enhancement Group Acquires 10-15 Associates

October 8, 2020

Financial Services

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm overseeing approximately $20.3 billion in client assets, announced the acquisition of 10-15 Associates, an independent RIA headquartered in Goshen, New York with about $923 million in client assets. The deal expands Wealth Enhancement Group’s footprint in the New York / Tri-State region and brings additional advisory talent and offices to its national wealth management platform.