North Square Investments' CS McKee Acquires Foundry Partners

North Square Investments Acquires Majority Interest in C.S. McKee

January 7, 2020

Financial Services

North Square Investments has agreed to acquire a majority interest in C.S. McKee L.P., a Pittsburgh-based institutional investment manager with over $8 billion in assets under management. The deal (subject to closing conditions) will position McKee as an independent affiliate within North Square's multi-boutique platform, expand employee equity ownership, and provide product development, distribution and administrative support to accelerate growth across institutional and retail channels.

Kearney Acquires Silicon Foundry

July 24, 2023

Consulting

Global management consulting firm Kearney has acquired Silicon Foundry, an innovation advisory and venture-scouting firm, to expand its strategic transformation and innovation capabilities. The deal brings Silicon Foundry’s startup and investor network into Kearney’s global consulting platform, enabling broader access for corporate clients to emerging technologies and venture ecosystems.

Diabsolut Acquires Foundry52

February 2, 2021

Consulting

Montreal-based Diabsolut has acquired Foundry52, a Salesforce-focused consulting firm that specializes in Revenue Cloud, CPQ, Billing and FinancialForce ERP implementations. The deal expands Diabsolut's Salesforce delivery capabilities (including Field Service and FinancialForce expertise) to better serve customers across North America and strengthens its end-to-end 'campaign to cash' offering.

Merit Capital Partners and Six Pillars Partners Recapitalize Red Square and Foundry to Form Good Giant

December 7, 2022

Marketing & Advertising

Merit Capital Partners partnered with Six Pillars Partners and the company's management to merge and recapitalize Red Square Agency, Inc. (Mobile, Alabama) and Foundry, LLC (Reno, Nevada) to form Good Giant, a full-service integrated marketing agency focused on the casino and hospitality sectors. Merit provided subordinated debt and equity as part of the transaction, which represents the firm's fourth platform investment by Fund VII.

Foundry Acquires Upstate Interactive

April 27, 2022

Software

Foundry Digital LLC, a subsidiary of Digital Currency Group (DCG), has acquired Upstate Interactive, a women-owned Web3 software development and consulting firm founded in Syracuse, New York. The Upstate Interactive team will join Foundry and their capabilities will be integrated into Foundry's staking and digital-asset infrastructure services to expand product and service offerings for institutional clients.

Kinzie Capital Partners Acquires Fraser Steel, LLC

February 20, 2025

Manufacturing

Chicago-based private equity firm Kinzie Capital Partners has acquired Fraser Steel, LLC, a manufacturer of value-added steel tubular products operating from an 80,000-square-foot facility outside Minneapolis, Minnesota. Kinzie said it will support Fraser's growth through operational investment, product innovation and market expansion while partnering with the company's existing management team.