FFL Partners Majority Recapitalizes ALKU

New Mountain Capital Takes Majority Stake in ALKU

April 25, 2023

Staffing & HR

New Mountain Capital has made a majority investment in ALKU, a specialty staffing firm, with existing investors FFL Partners, WestView Capital Partners, and ALKU management reinvesting alongside the new partner. The investment will support ALKU's accelerated growth plan as the firm targets more than $1 billion in revenue over the next few years and expand capabilities across life sciences, enterprise cloud, data science and cybersecurity.

FFL Partners Makes Strategic Growth Investment in Abacus Group

June 29, 2022

IT Services

FFL Partners has completed a strategic growth investment in Abacus Group, an IT managed services provider focused on hedge funds, private equity, venture capital and family office clients. The transaction represents an exit by WestView Capital Partners; Abacus, headquartered in New York City with more than 250 employees and 650+ clients, will partner with FFL to accelerate organic growth and pursue strategic acquisitions.

Eureka Equity Partners Recapitalizes LegalPartners

March 11, 2020

Legal Services

Eureka Equity Partners completed a recapitalization of LegalPartners, an alternative legal services provider focused on outsourced team-based legal solutions and legal staffing. Eureka partnered with LegalPartners’ senior management (founders Jim Kosciolek and David Gruskin) to support the company’s growth, planned geographic expansion and service extensions; Stifel Bank & Trust provided debt facilities to support the transaction.

Farragut Capital and Ignite Labs Complete Majority Recapitalization of Atlas Executive Consulting

February 9, 2022

Government & Public Sector

Farragut Capital Partners provided subordinated debt and equity to support a majority recapitalization of Atlas Executive Consulting alongside Ignite Labs, LLC and existing management, with LiveOak Bank providing a line of credit. Atlas — a digital consulting firm focused on analytics, data science and program support for the U.S. national security sector — will be the first portfolio company of the newly formed Ignite Digital Services platform.

Canopy Capital Partners Recapitalizes Alloy Cladding Holdings

May 22, 2019

Industrial Services

Canopy Capital Partners led a recapitalization of Alloy Cladding Holdings, a Jupiter, Florida-based industrial services contractor, partnering with Plexus Capital and with financing from Valley National Bancorp. The equity investment will fund growth and capability expansion to broaden Alloy Cladding's specialized welding, cladding and maintenance services across pulp & paper, chemical and other heavy industrial end markets while partnering with the Macdonald management team.

FFL Partners Acquires Autism Learning Partners

December 21, 2017

Healthcare Services

FFL Partners, a San Francisco-based private equity firm, has completed its acquisition of Autism Learning Partners (ALP), a Southern California provider of Applied Behavior Analysis (ABA) therapy for children and young adults with autism. Terms were not disclosed; FFL said it will work with ALP management to expand the company’s multi-state platform and grow its clinical services.