Bison Capital Recapitalizes FTR Group (For The Record / Auscript)

RFE Investment Partners and Knox Capital Recapitalize BryteBridge Group

December 13, 2023

Legal Services

RFE Investment Partners and Knox Capital completed a recapitalization of BryteBridge Group, an outsourced compliance, legal and filing services provider for nonprofit organizations. The transaction brings new executive leadership (Mike Bryant as CEO, Larry Marshall as CFO), keeps Brian Davis as President, and positions BryteBridge to expand into a technology-enabled full-service legal and compliance platform and pursue buy-and-build opportunities into the for-profit SMB market.

VIQ Solutions Acquires Auscript Australasia

December 13, 2021

Legal Services

VIQ Solutions Inc. completed the asset acquisition of Auscript Australasia Pty Ltd, a leading Australian court recording and transcription services provider, for approximately USD 7.65 million (AUD 10.7 million). The deal adds about USD 12 million in annualised revenue, more than 2.3 million pages of transcripts and ~200,000 hours of recordings per year, expanding VIQ's footprint and capabilities in the Asia-Pacific legal and justice markets.

Bison Capital Makes Growth Recapitalization Investment in Ocean Media

June 27, 2022

Marketing & Advertising

Bison Capital (Bison Capital Partners V, LP) completed a growth recapitalization investment in Ocean Media LLC, a Huntington Beach-based provider of data- and technology-driven media planning, buying and analytics services. Ocean Media management (including CEO Jay Langan and COO Ron Leubbert) retained significant ownership and will remain in their current roles.

Frazier Healthcare Partners Recapitalizes Accuity Delivery Systems

October 26, 2020

Healthcare Services

Frazier Healthcare Partners led a recapitalization of Accuity Delivery Systems on October 26, 2020, with participation from 22C Capital and existing shareholders including WindRose Health Investors, founder Dr. Eric Moskow, and Accuity senior leadership; Adams Street Partners provided debt financing and a meaningful equity co-investment. The investment will support Accuity’s growth, expanded leadership team, and continued investment in its proprietary technology platform and physician-led Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.

Gryphon Investors Completes Majority Growth Recapitalization of Fortreum

January 7, 2026

Cybersecurity

Gryphon Investors has completed a majority growth recapitalization of Fortreum, a Lansdowne, Virginia-based cybersecurity services firm specializing in compliance, audit, and technical testing including FedRAMP, CMMC, ISO, PCI, and SOC. The investment will fund expansion of Fortreum's offerings and accelerate development and adoption of its XRAMP continuous validation platform and AI-enabled capabilities; company founders will retain a significant equity stake. Financial terms were not disclosed.

Sentinel Capital Partners Recapitalizes TranSystems

April 1, 2021

Engineering Services

Sentinel Capital Partners completed a recapitalization of TranSystems, a U.S.-based provider of engineering, architectural, and design consulting solutions for transportation infrastructure. The transaction will support TranSystems' growth strategy — including organic expansion and acquisitive opportunities — while current CEO Richard Morsches remains in place; terms were not disclosed.