Westbridge Capital Ltd. Acquires sliBuy Inc.

Westbridge Capital Acquires Berg Industrial Service, Inc.

August 2, 2024

Industrial Services

Westbridge Capital Ltd. has completed the acquisition of Berg Industrial Service, Inc., a 50-year-old, second-generation family business headquartered in Ontario that designs, installs and services industrial chilling systems and operates an associated engineering and fabrication business. The transaction includes a 10% equity participation by the Westbridge Capital Partners Income Trust. Management continuity was announced with Mark Edwards continuing as CEO, Rebecca Carothers joining as COO, and Michael Turner joining the board.

Ultra Commerce Acquires Slatwall Commerce

October 27, 2021

Cloud & SaaS

Sydney-based Ultra Commerce has acquired Slatwall Commerce, a U.S.-based eCommerce platform, to integrate Slatwall’s capabilities into its enterprise commerce offering. The acquisition expands Ultra Commerce’s product functionality and global reach, enabling a single licensed platform to serve B2B, B2C and marketplace customers.

WestBridge Acquires Majority Stake in Survey Solutions

January 3, 2024

Engineering Services

UK private equity firm WestBridge has completed a secondary buyout of Land Survey Solutions Limited (trading as Survey Solutions), investing £14.2 million to take a majority stake. The deal provides an exit for RJD Partners and founder James Cooper, and partners WestBridge with CEO David Lowe and the senior management team to pursue geographic expansion, adjacent service-line growth and acquisitive consolidation across the UK surveying market.

Westbridge Capital Acquires Seam Seal International

July 8, 2021

Manufacturing

Westbridge Capital Ltd. has closed the acquisition of Seam Seal International, a U.S.-based manufacturer of high-performance seam sealing tapes and adhesive films. Westbridge plans to accelerate growth by expanding retail channels and international markets, installing Ryan Fisher as CEO while retaining founding members Chris Wright and Chris Resha in the continuing management team.

WestBridge Backs £17m MBO of Smart Capital Technology

March 16, 2022

IT Services

WestBridge has invested £17 million to support a management buyout (MBO) of Smart Capital Technology (SCT), a Thames Valley–based IT infrastructure support provider. The deal, led by CEO Andy Morgan, enables a partial exit for the founding directors while providing capital and support to drive SCT's international growth and expand its Inventory-as-a-Service offering.

Solar Capital Ltd. Acquires Majority Stake in Kingsbridge Holdings LLC

November 3, 2020

Financial Services

Solar Capital Ltd. acquired an 87.5% majority stake in Kingsbridge Holdings LLC on November 3, 2020, investing approximately $216 million (about $136 million of equity and $80 million of debt). The stake was purchased from TZP Capital Partners II, LP and affiliates with Kingsbridge management rolling a portion of their equity; the acquisition expands Solar Capital's specialty finance platform by adding lease origination and asset finance capabilities through Kingsbridge's equipment leasing business based in Lake Forest, Illinois.