True Wind Capital Acquires 19% Stake in SUNCORPORATION via Tender Offer

ValueAct Capital Takes ~7.8% Stake in Sun Corporation

October 8, 2025

Manufacturing

ValueAct Capital disclosed a large-shareholding report showing it holds approximately 7.8% of SUNCORPORATION (TSE: 6736). ValueAct said it respects Sun's businesses and expects to engage with Sun's management to help maximize the value of Sun’s investment in Cellebrite, and to benefit stakeholders of both companies.

True Wind Capital Makes Growth Investment in W Energy Software

January 13, 2022

Cloud & SaaS

True Wind Capital completed a strategic growth equity investment in W Energy Software to accelerate the company's expansion into new markets and support product and M&A-led growth. M33 Growth and certain founders and shareholders rolled a meaningful portion of their equity; Mark Hill was appointed CEO as part of a leadership succession plan.

True Wind Capital Makes Growth Investment in Sterling Capital Brokers

February 22, 2022

Insurance

True Wind Capital, a San Francisco-based private equity firm, made a growth investment in Sterling Capital Brokers, a Toronto-headquartered tech-enabled employee benefits consulting and brokerage firm. The undisclosed investment will support Sterling's platform enhancements, accelerate growth initiatives, and enable strategic acquisitions while Sterling's senior management will continue to lead the business.

Triton (TSM II) Acquires Majority Stake in FairWind A/S

June 8, 2021

Energy

The Smaller Mid‑Cap Fund II (TSM II), advised by Triton, has signed an agreement to acquire a majority stake in FairWind A/S, a Denmark‑headquartered provider of wind turbine installation and service. Triton will invest alongside FairWind’s management and key employees to support geographic expansion, capability development and continued growth; terms were not disclosed.

Turn/River Capital Acquires SolarWinds

April 16, 2025

Software

Turn/River Capital has completed the acquisition of SolarWinds Corporation for approximately $4.4 billion, paying SolarWinds shareholders $18.50 per share in cash. With the closing, SolarWinds becomes a privately held company; Turn/River said it will invest in product innovation, observability, and AI-powered automation to accelerate growth.

Sagewind Capital Makes Majority Investment in Sabel Systems

November 6, 2024

Government & Public Sector

Sagewind Capital LLC made a majority investment in Sabel Systems Technology Solutions LLC, a Dayton, Ohio–based provider of digital engineering, modeling & simulation, and sustainment solutions for the U.S. Department of Defense and other government customers. The partnership will support Sabel’s growth in digital engineering and cyber offerings and positions the company to expand via internal investment and acquisitions as part of Sagewind’s government-technology platform strategy.