EagleTree Capital Acquires PRA Business Events from CI Capital Partners

PRA Acquires Island Style Innovations in Hawai‘i

November 25, 2024

Professional Services

PRA, a Chicago-based business events management firm majority owned by EagleTree Capital, has acquired Island Style Innovations, a Hawai‘i-based destination management and events specialist. The Island Style Innovations team will join PRA’s Hawai‘i office and rebrand as PRA to expand the company’s local capabilities and strengthen its presence in the Hawaiian meetings, conventions, and incentive market.

PRA Acquires Weil & Associates

June 1, 2023

Professional Services

PRA, a Chicago-based business events firm and portfolio company of EagleTree Capital, has acquired Hawai‘i-based destination management company Weil & Associates. The deal brings Weil’s local team and destination expertise into PRA’s platform as PRA Hawai‘i, expanding PRA’s capabilities in the incentive and Hawaiian markets.

ICON plc Acquires PRA Health Sciences

February 24, 2021

Healthcare Services

ICON plc agreed to acquire PRA Health Sciences in a cash-and-stock transaction valued at approximately $12 billion, with PRA shareholders receiving $80 in cash and 0.4125 shares of ICON. The deal creates a combined company headquartered in Dublin, Ireland (retaining the ICON name) with expanded clinical trial scale, healthcare intelligence capabilities and approximately 38,000 employees, enabling broader decentralized and hybrid trial solutions.

EXA Capital Acquires Prista Corporation

December 12, 2023

Software

EXA Capital, a buy-and-hold software-focused investment firm based in Austin, Texas, has acquired Prista Corporation, the maker of the ActionCue CI clinical intelligence SaaS platform. Prista will operate autonomously under EXA's decentralized model and is expected to benefit from EXA's resources, networks and operations platform to support future product and customer growth.

Clarion Capital Partners Acquires Marketplace Events

January 8, 2025

Media & Entertainment

Clarion Capital Partners has acquired Marketplace Events, the largest organizer of B2C shows in North America, operating more than 110 shows across the U.S. and Canada and attracting over 2.2 million attendees annually. The transaction (completed from Clarion's Fund IV) was financed in part by PennantPark; Clarion said it will accelerate Marketplace's growth and expand its sport, outdoor and new B2B show offerings.

424 Capital, Eagle Private Capital and Plexus Capital Acquire Majority Stake in Practis

December 31, 2019

Healthcare Services

424 Capital, together with Eagle Private Capital and Plexus Capital, purchased a majority share in Practis from founder Elizabeth Pettrone and CEO John Pettrone Jr., who will remain investors and active managers. Practis is a digital marketing and SaaS provider serving independent healthcare providers (over 700 customers); the investors plan to accelerate growth, expand services, and enter new markets.