STP Investment Services Acquires Accusource

PeopleWorks Holdings (Housatonic Partners) Acquires Accusource and PeopleG2

January 19, 2022

Staffing & HR

PeopleWorks Holdings, a holding company formed by Housatonic Partners in partnership with CEO Dan Filby, acquired Accusource Inc. and PeopleG2 Corporation in late 2021 and combined them under Accusource. The transactions expand PeopleWorks' capabilities in pre-employment screening, including background checks, drug & alcohol testing, and employment verification across healthcare, government and staffing verticals; financial terms were not disclosed.

STP Investment Services Acquires Tower Fund Services

November 30, 2021

Financial Services

STP Investment Services has acquired third-party fund administrator Tower Fund Services to expand its alternative asset fund administration capabilities and bring Tower clients onto STP's BluePrint technology platform. The transaction strengthens STP's alternative investing offering and aims to deliver enhanced operational technology and service to Tower's clients.

STP Investment Services Acquires WealthSite

December 15, 2022

Wealth Management

STP Investment Services has acquired WealthSite, a provider of accounting, portfolio management, reporting and analytics software for family offices and wealth advisory firms. The deal will expand STP's BluePrint platform capabilities and brings STP's assets under administration to over $400 billion.

Bregal Unternehmerkapital Acquires STP from Hg

November 2, 2020

Software

Bregal Unternehmerkapital has agreed to acquire STP, a Karlsruhe-based legal tech provider, from Hg. STP — which employs around 200 people and serves over 1,800 customers with workflow automation, ERP, outsourcing and data solutions for insolvency and legal practitioners — will partner with Bregal to accelerate new product and service introductions; terms were not disclosed and the deal is subject to customary approvals.

Talent Groups Acquires Abacus Technical Services and The InSource Group

October 19, 2023

Staffing & HR

Houston-based IT staffing platform Talent Groups, backed by Osceola Capital, has acquired Dallas-based Abacus Technical Services and The InSource Group to expand its national IT staffing footprint and capabilities. The acquisitions (closed in Q3 2023) are add-on deals to Talent Groups' platform; financial terms were not disclosed.

ServicePoint Acquires SmartSource

April 3, 2024

IT Services

ServicePoint, a portfolio company of Mill Point Capital, has acquired SmartSource LLC, a St. Charles, Illinois-based provider of IT staffing, multi-site deployment and technical solutions. The add-on expands ServicePoint's service capabilities, customer reach and operational scale across its U.S. footprint while SmartSource's founders and management will remain to continue growth.