Cornell Capital Invests in Lorom Holding Co., Ltd.

Lorom (Cornell Capital-backed) Acquires Segue Manufacturing Services

February 14, 2023

Manufacturing

Lorom Holding Co., Ltd., a Cornell Capital-backed manufacturing platform, has acquired Segue Manufacturing Services, a contract electronics manufacturer specializing in electromechanical integration, cable and harness assembly, and engineering services. The deal (terms undisclosed) adds Segue’s North American footprint (Billerica, MA) and China and Mexico operations to Lorom’s vertically integrated cable and component manufacturing capabilities; Segue was a portfolio company of Axia Capital Partners.

Primus Capital Makes Strategic Growth Investment in CORL Technologies

January 5, 2022

Healthcare Services

Primus Capital has made a strategic growth investment in CORL Technologies, a healthcare-focused vendor risk management provider, to accelerate CORL’s product, data, and services expansion. The capital will support investments in CORL’s vendor risk technology, data exchange platform, and managed services to scale its solutions for healthcare providers, payors, and vendors.

The LiRo Group and Hill International's Northeast Region Merge to Form LiRo-Hill

September 5, 2024

Engineering Services

The LiRo Group and Hill International's Northeast Region have completed a strategic merger to form LiRo-Hill, creating one of the largest AEC firms in the Northeastern United States. The combined firm brings together portions of Hill New York and all New England operations with LiRo’s existing business, expanding the company's staff to more than 1,200 employees and broadening its service capabilities across infrastructure, transportation, housing and healthcare markets.

Cortec Group Completes Growth Recapitalization of Pink Lily

November 2, 2021

E-Commerce

Cortec Group (through an affiliated investment group led by Cortec Fund VII) completed a growth recapitalization of Pink Lily on November 16, 2021, with founders Tori and Chris Gerbig remaining significant owners and continuing to lead the company. The investment will support Pink Lily's continued e-commerce growth through marketing optimization, new product introductions, and investments in personnel and systems infrastructure.

Investcorp Technology Partners Acquires Majority Stake in NetRom Software

February 16, 2023

Software

Investcorp Technology Partners (ITP) has agreed to acquire a majority stake in NetRom Software, a cloud-first digital transformation and software engineering firm headquartered in Utrecht, Netherlands. NetRom's founders, management team and investor IceLake Capital will remain shareholders alongside ITP; terms were not disclosed. ITP said the investment will accelerate NetRom's growth plans, including strengthening its delivery platform and expanding service areas, industry verticals and geographies.

J.F. Lehman & Company Makes Growth Investment in Trillium Engineering

March 31, 2021

Aerospace & Defense

J.F. Lehman & Company’s investment affiliate has made a substantial growth investment in Trillium Engineering, a Hood River, Oregon-based designer and manufacturer of camera gimbals for unmanned aerial systems. Trillium’s founders and employees remain material shareholders and will continue to lead the company as JFLCO supports the firm’s technical and commercial expansion into defense and international UAS markets.