Coretelligent Acquires Advanced Network Products (ANP)

Norwest Equity Partners Acquires Coretelligent from VSS Capital Partners

October 25, 2021

IT Services

Norwest Equity Partners (NEP) has acquired Coretelligent, a Westwood, Massachusetts-based managed IT, cybersecurity, and cloud services provider. VSS Capital Partners sold the company but will remain a minority investor; financial terms were not disclosed. NEP intends to partner with founder and CEO Kevin Routhier to scale Coretelligent organically and through strategic acquisitions.

Magna5 Acquires Advanced Network Systems

October 5, 2023

IT Services

Magna5, a NewSpring Holdings-backed managed IT and cybersecurity platform, has acquired Advanced Network Systems (ANS), a Charlottesville, Virginia-based managed IT and cybersecurity provider. The add-on expands Magna5's scale and presence in the Mid-Atlantic (Virginia and West Virginia) and strengthens its managed IT, cybersecurity, data recovery, and cloud service capabilities; financial terms were not disclosed.

Coretelligent Acquires NetCom Systems to Expand Southern U.S. Presence

February 15, 2023

IT Services

Coretelligent, a PE-backed managed IT and cybersecurity provider, has acquired NetCom Systems, Inc., a Roswell, Georgia-based managed services firm with 36 years of regional experience. The deal, announced jointly with Coretelligent investor Norwest Equity Partners, expands Coretelligent's service capabilities and strengthens its presence in the Southern United States; financial terms were not disclosed.

CORE Industrial Partners Invests in Arizona Natural Resources

July 2, 2020

Manufacturing

CORE Industrial Partners, a Chicago-based private equity firm, completed an investment in Arizona Natural Resources (ANR), a Phoenix-based contract manufacturer of personal care products specializing in haircare and skincare. CORE said it will partner with ANR’s management to pursue strategic add-on acquisitions and expand the company’s product offering and geographic presence; ANR operates a 132,000 sq. ft., FDA-registered cGMP facility with 23 production lines.

Arizona Natural Resources (CORE Portfolio) Acquires HealthSpecialty

December 17, 2021

Manufacturing

CORE Industrial Partners’ portfolio company Arizona Natural Resources (ANR) has acquired HealthSpecialty, a Santa Fe Springs, California-based contract manufacturer of premium skin, body and hair care products. The add-on expands ANR’s manufacturing footprint, R&D/formulation capabilities and product portfolio in the premium skincare and personal care markets.

Coretelligent Acquires Lighthouse Technology Partners

May 24, 2022

IT Services

Coretelligent, a Norwest Equity Partners‑backed managed IT and cybersecurity provider, has acquired Lighthouse Technology Partners, a Greenwich, Connecticut managed services provider. The deal brings Lighthouse's managed IT, cybersecurity and cloud consulting capabilities and client relationships (including finance, life sciences/healthcare and professional services clients) into the Coretelligent platform to expand capabilities and scale.