Court Square Capital Partners Acquires Data Blue from Platinum Equity and The Gores Group

OTC Markets Group Acquires Blue Sky Data Corp Assets

March 17, 2022

Data & Analytics

OTC Markets Group Inc. signed a definitive agreement to acquire the assets of Blue Sky Data Corp, a provider of state "Blue Sky" securities compliance data, with the transaction expected to close in early May 2022. The acquisition expands OTC Markets' Blue Sky data offering to enhance compliance tools for broker-dealers, financial advisors, public companies and regulators.

Parthenon Capital Recapitalizes Smart Data Solutions with Investment from Blue Venture Fund

October 4, 2021

Healthcare Services

Parthenon Capital completed a recapitalization of Smart Data Solutions (SDS), a provider of payer-focused claims automation, workflow and data management solutions. The Blue Venture Fund, representing 35 Blue Cross Blue Shield plans, also invested to support SDS's growth, product innovation and strategic acquisitions; terms were not disclosed.

3Cloud Acquires BlueGranite

August 15, 2022

Data & Analytics

3Cloud, the largest U.S. Microsoft Azure pure-play services firm, acquired BlueGranite, a 25-year data & analytics consulting firm, to expand its Azure data and analytics capabilities. The acquisition, supported by Gryphon Investors (which holds a majority stake in 3Cloud), increases the combined team's scale to more than 700 Azure experts in the U.S.

Hudson Hill Capital Acquires Majority Stake in Blue.cloud

March 2, 2022

Cloud & SaaS

Hudson Hill Capital made a majority equity investment in Tampa-based cloud digital transformation firm Blue.cloud at an enterprise value exceeding $100 million. The capital will be used to expand AI capabilities, pursue acquisitions, and scale the team as Blue.cloud builds on a 2021 run-rate of roughly $39 million and a global workforce of about 320 employees.

Stonecourt Capital Acquires 365 Data Centers

October 6, 2020

Telecommunications

Stonecourt Capital LP has acquired 365 Data Centers, a provider of hybrid data center and edge colocation solutions, with original investors Lumerity Capital and Longboat Advisors reinvesting alongside the new partner. 365's management team, led by CEO Bob DeSantis, will remain in place as Stonecourt provides capital to accelerate organic growth and pursue near-term acquisitions.

True North Advisors Acquires Blue Investment Partners

June 30, 2025

Financial Services

True North Advisors, a Dallas-based registered investment adviser, has acquired Danville, California-based Blue Investment Partners, adding approximately $353 million in AUM and expanding True North’s presence in the San Francisco Bay Area. The deal is True North’s second acquisition since forming a growth partnership with Wealth Partners Capital Group and HGGC’s Aspire Holdings platform and closed June 30, 2025; financial terms were not disclosed.