Capella Education Company Acquires DevMountain

Capella Education Company Acquires Hackbright Academy

April 22, 2016

Education

Capella Education Company (NASDAQ: CPLA) acquired Hackbright Academy, a San Francisco-based non-degree software engineering school for women, in an all-cash transaction that closed on April 22, 2016 for $18 million. Hackbright will operate as a wholly owned subsidiary and retain its San Francisco headquarters and management team as Capella expands its non-degree, workforce-focused learning offerings to help close the gender gap in software engineering.

New Mountain Capital Acquires Majority Stake in Salute Holdings

September 30, 2024

Infrastructure

New Mountain Capital has made a majority investment in Salute Holdings, a provider of integrated lifecycle services for data centers, with existing investor LLR Partners retaining a significant minority stake. The investment will support Salute’s growth trajectory, expansion of technology-enabled offerings, and continued focus on recruiting and training talent across its global footprint.

New Mountain Capital Acquires HealthComp from Alpine Investors

November 9, 2020

Healthcare Services

New Mountain Capital has partnered with HealthComp Holding Company LLC, acquiring the leading independent third-party administrator (TPA) from Alpine Investors. HealthComp, headquartered in Fresno, California and serving over 400,000 members, will keep its CEO and management team invested while New Mountain plans to accelerate growth by investing in data & analytics and expanding cost and clinical management capabilities.

Catapult Learning Acquires Desert Heights Academy

September 12, 2017

Education

Catapult Learning has acquired Desert Heights Academy (DHA), a Phoenix-area special education provider that enrolls more than 250 students. DHA will join Catapult Learning’s Schools Group as the organization expands its special education footprint in Arizona.

New Mountain Capital Partners with Accolite Digital

February 16, 2021

IT Services

New Mountain Capital has made a growth-oriented investment in Accolite Digital, a cloud and digital product engineering services provider headquartered in Addison, Texas. Accolite's founder and management team will remain invested and in place as the firm looks to scale its global delivery model, expand service offerings, and pursue strategic acquisitions.

Businessolver Acquires The Capstone Group

February 15, 2024

Professional Services

Businessolver, a Denver-based SaaS employee benefits and HR technology provider, has acquired The Capstone Group, a firm specializing in employee benefits outsourcing, risk management and compliance solutions. The acquisition expands Businessolver's benefits technology and outsourcing capabilities—including broader deployment of the ComplianceDashboard product—and aims to deepen service support for pooled-insurance group clients; terms were not disclosed.