CBRE Group Acquires Direct Line Global

Guardian Capital Partners Acquires Team LINX

December 27, 2024

IT Services

Guardian Capital Partners, an operationally focused private equity firm, has acquired Team LINX in partnership with the LINX executive management team. LINX, headquartered in Denver, provides technology infrastructure services for data centers and mission-critical applications across healthcare, financial services, education and other end markets; MidCap Financial provided financing for the transaction.

CBRE Group Acquires J&J Worldwide Services from Arlington Capital Partners

February 5, 2024

Government & Public Sector

CBRE Group, Inc. agreed to acquire J&J Worldwide Services from Arlington Capital Partners for $800 million in cash plus up to $250 million in contingent consideration. The acquisition expands CBRE's technical services and government contracting capabilities, adding J&J's ~3,300 employees and long-term DoD and federal facility contracts headquartered in Franklin, Tennessee.

CBRE Group Acquires Pearce Services from New Mountain Capital

November 4, 2025

Engineering Services

CBRE Group, Inc. agreed to acquire Pearce Services, LLC from New Mountain Capital for approximately $1.2 billion in cash plus an earn-out of up to $115 million. The acquisition expands CBRE's digital and power infrastructure capabilities by adding Pearce's design engineering, maintenance and repair services for critical power, cooling, renewable energy and telecom infrastructure; Pearce has more than 4,000 employees and is projected to generate over $660 million of revenue in 2026.

Citizens Financial Group Acquires DH Capital LLC

June 8, 2022

Financial Services

Citizens Financial Group, Inc. has completed its acquisition of DH Capital LLC, a private investment banking firm focused on internet infrastructure, software, next-generation IT services and communications. The deal brings DH Capital's M&A and advisory capabilities into Citizens' corporate and investment banking platform.

Brown & Brown, Inc. Acquires Global Risk Partners Limited

March 8, 2022

Insurance

Brown & Brown, Inc. has entered into an agreement to acquire Global Risk Partners Limited (GRP) from funds advised by Searchlight Capital Partners; the transaction is expected to close in Q3 2022 subject to regulatory approvals, including the UK Financial Conduct Authority. GRP is a London-headquartered independent insurance intermediary with roughly 2,100 employees, operations across 110+ locations in the UK and Ireland, and annual revenue of approximately $340 million.

Data Clean Acquires DP Guardian

March 5, 2024

Industrial Services

Data Clean Corporation, a portfolio company of Angeles Equity Partners, has acquired DP Guardian, Inc., a Denver-based provider of critical environment cleaning services and airflow containment system installation for data centers. The add-on expands Data Clean's capabilities in airflow containment and extends its geographic reach into the Mountain West, targeting hyperscalers, ISPs, colocation providers and enterprise data centers.