Charlesbank Capital Partners Acquires EverDriven Technologies From Palladium Equity Partners

Columbia Capital Acquires Driven Technologies

November 12, 2021

IT Services

Private equity firm Columbia Capital has acquired Driven Technologies, a provider of IT services that secures, optimizes and manages multi-cloud infrastructure, applications and data. The acquisition is intended to support Driven's growth initiatives and expand the company's reach across the United States; Driven will continue to operate under its existing name.

Palladium Equity Partners Acquires ALC Schools and Red Rock Technology

March 2, 2020

Transportation

An affiliate of Palladium Equity Partners has acquired ALC Schools, LLC and Red Rock Technology, LLC from affiliates of American Logistics, LLC. ALC is a mission-driven provider of alternative student transportation and Red Rock provides the proprietary routing and trip-management technology; Palladium said it will support geographic expansion, new solutions development and continued service to vulnerable student populations.

Cambridge Capital Makes Majority Investment in Everest Transportation Systems

September 8, 2021

Transportation

Cambridge Capital has made a majority investment in Everest Transportation Systems, a fast-growing freight brokerage headquartered in Evanston, Illinois. Everest's founders remain in leadership and retain significant ownership while Cambridge Capital partners to scale the business (including board seats for Benjamin Gordon and Matt Smalley), accelerate hiring and pursue tuck-in acquisitions; terms were not disclosed.

Charlesbank and GTCR Recapitalize Park Place Technologies; WestView Exits Minority Stake

July 23, 2019

IT Services

Boston-based Charlesbank Capital Partners is acquiring WestView Capital Partners' minority stake in Park Place Technologies in a transaction that will occur alongside a recapitalization led by GTCR. The deal provides WestView liquidity while positioning Park Place—an Ohio-headquartered third-party maintenance provider with ~1,200 employees—for continued growth under GTCR and Charlesbank; terms were not disclosed.

Charlesbank Capital Partners Makes Growth Investment in Bridgepointe Technologies

January 11, 2022

IT Services

Charlesbank Capital Partners has made a strategic growth investment in Bridgepointe Technologies, a San Mateo-based IT strategy and advisory firm. Bridgepointe raised more than $100 million in total proceeds to fund partner recruitment and enablement, service and brand expansion, key hires, and future acquisitions.

Charlesbank Capital Partners Acquires BOX Partners

December 14, 2021

Packaging

Charlesbank Capital Partners has acquired BOX Partners, a family-owned, technology-enabled wholesaler of packaging, shipping and industrial supplies headquartered in Elgin, Illinois. The deal—funded with equity and debt and marking the company's first outside equity—positions BOX to expand product categories, geographies and e-commerce capabilities; Neil Thomas will become CEO and the company's co-founder and president will step down.