Periscope Equity Makes Growth Investment in Reservoir Communications Group

Periscope Equity Completes Majority Recapitalization of The RepTrak Company

November 20, 2024

Data & Analytics

Chicago-based private equity firm Periscope Equity has completed a majority recapitalization of The RepTrak Company, a Boston-based leader in reputation intelligence. The investment — advised by BrightTower with credit financing support from Tree Line Capital Partners — will fund product and platform innovation (including AI and data visualization), expand advisory capabilities, and support organic and inorganic growth while existing investors led by Catalyst Investors partially exited.

Periscope Equity Recapitalizes CyberMaxx

August 17, 2021

Cybersecurity

Periscope Equity made a platform investment in CyberMaxx through a recapitalization in partnership with management. The investment will support CyberMaxx's growth initiatives — including product expansion, team development, and strategic acquisitions — as it continues to provide managed cybersecurity services focused on the healthcare industry.

Periscope Equity Recapitalizes MAS Medical Staffing

June 8, 2021

Healthcare Services

Periscope Equity completed a recapitalization of MAS Medical Staffing LLC, partnering with management as the first platform investment from Periscope Equity II. MAS is a tech-enabled medical staffing agency based in New Hampshire that serves long-term care, acute, and home-based care markets via its MAESTRA marketplace platform and will use the partnership to expand geographically, accelerate technology development, and pursue strategic acquisitions.

Periscope Equity Invests in Praecipio Consulting

October 26, 2021

IT Services

Periscope Equity made a platform investment in Praecipio Consulting, an Austin-based Atlassian-focused IT and business process consulting firm, to support accelerated growth and future acquisitions. Periscope will provide capital and strategic support to scale Praecipio's Agile, DevOps, and ITSM consulting capabilities for enterprise customers.

Resurgens Technology Partners Invests in Relay

October 23, 2024

Software

Resurgens Technology Partners, a software-focused private equity firm, has made an investment in Relay, a provider of special education and Medicaid workflow and reimbursement software for K-12 school districts. The firm will partner with Relay's management to accelerate product innovation, expand go-to-market efforts and scale the company's reach across U.S. school districts; Lock 8 Partners was the company's prior majority investor.

RCap Equity Partners Makes Growth Investment in Ascension Recovery Services

April 2, 2020

Healthcare Services

RCap Equity Partners, a Philadelphia-area private equity firm, has made a growth investment in Ascension Recovery Services, a Morgantown, West Virginia-based provider of behavioral health development and management services. The partnership will support Ascension RS's plans to scale its substance use disorder and co-occurring disorder treatment platform and expand access to care across the United States.