Great Hill Partners Makes Growth Investment in TOPS Software (now Enumerate)

Bow River Capital's Software Growth Equity Team Completes Majority Recapitalization of Topia

June 25, 2025

Cloud & SaaS

Bow River Capital's Software Growth Equity team completed a majority recapitalization of Topia, a Denver-based SaaS platform for global mobility management and remote work compliance. The investment will support Topia's product and technology roadmap, including AI-enabled R&D and analytics, to scale the company's global offering to enterprise clients.

Gart Capital Partners Invests Growth Capital in Topo Designs

March 21, 2023

Consumer Products

Gart Capital Partners, a family investment company, has made a minority growth equity investment in Topo Designs, the Denver-based outdoor apparel and accessories brand. The undisclosed capital — Topo's first outside funding — will be used to drive customer acquisition, expand direct-to-consumer and wholesale channels, and grow its brick-and-mortar retail footprint in the U.S.

Thinktum Inc Acquires Illustrate Inc

September 18, 2023

Software

Thinktum Inc., a Waterloo, Ontario-based no-code insurance technology firm, has acquired Illustrate Inc., a provider of cloud-based life insurance illustration, e-application and point-of-sale software with operations in Overland Park, Kansas and Toronto, Ontario. The acquisition combines Thinktum's no-code underwriting and e-app solutions with Illustrate's OPUS platform to expand capabilities and service offerings for insurers and insuretechs; senior leadership roles were reallocated with Paul Reaburn as CEO and David Slabodkin as Chairman.

TOPS Software Acquires Sharma & Associates, Inc.

February 23, 2021

Accounting & Tax

TOPS Software, a leading provider of Community Association Management (CAM) SaaS, has acquired Sharma & Associates, Inc., a Fort Lauderdale-based community financial services firm that provides bookkeeping and accounting to condominium and homeowner associations. The deal brings Sharma's financial services team and client portfolio into TOPS, enabling TOPS to offer expanded, integrated financial services to its CAM customers.

BV Investment Partners Makes Minority Growth Investment in TopBloc

February 26, 2020

IT Services

BV Investment Partners announced a significant minority investment in TopBloc, a Chicago-based Workday services partner that provides Workday implementations, help-desk support and managed payroll services. The investment will fund TopBloc’s continued scaling and growth, with BV partnering with the company’s founder-led management team to accelerate expansion and broaden service delivery to medium and large enterprise customers.

Summit Partners Makes Growth Equity Investment in eClinical Solutions

January 21, 2020

Cloud & SaaS

Summit Partners has made a minority growth equity investment in eClinical Solutions LLC to support expansion of the company's cloud-based Clinical Data Hub platform, elluminate, and its elluminate-enabled data services. Summit Partners principals Mark deLaar and Jesse Lane have joined eClinical Solutions' board as part of the transaction to help accelerate product and market growth.