McCarthy Capital Makes Growth Equity Investment in Critical Response Group

RC Capital Acquires Majority Stake in Cognitive Research Corporation

October 25, 2022

Healthcare Services

RC Capital completed a growth recapitalization investment to acquire a majority stake in Cognitive Research Corporation (CRC), a St. Petersburg, Florida-based contract research organization specializing in CNS clinical development and cognitive assessment technology. The investment will fund business development, service expansion and global growth while founders and management retain a significant ownership position; financial terms were not disclosed.

Mission Critical Partners Acquires MTG Management Consultants

February 16, 2021

Government & Public Sector

Mission Critical Partners (MCP) has acquired Seattle-based MTG Management Consultants, a provider of strategy, management and IT integration services to state and local government agencies. The deal strengthens MCP’s data-integration, IT and cybersecurity capabilities for the public-safety and justice sectors and expands its client base across the U.S. and into Canada.

Spectrum Equity and 22C Capital Lead $200M Growth Investment in RapidRatings

February 14, 2022

Data & Analytics

RapidRatings received a $200 million growth investment led by Spectrum Equity and 22C Capital to accelerate its financial health data and analytics platform. FTV Capital will remain on the board as an existing investor; the capital will support product and commercial expansion to improve visibility into supplier and counterparty financial risk.

Main Street Capital Recapitalizes The Financial Risk Group

September 23, 2025

Financial Services

Main Street Capital Corporation invested $14.0 million in a minority recapitalization of The Financial Risk Group, LLC (FRG), funding the transaction with a combination of first lien senior secured term debt and a direct equity investment. FRG, headquartered in Cary, North Carolina, is a technology-enabled risk management firm that provides risk analytics, data management consulting, software implementation and cloud-based hosting services to financial institutions, insurers and other commercial customers.

Equity Group Investments Makes Growth Investment in CraneWorks

November 1, 2023

Industrial Services

Equity Group Investments (EGI) has made an investment in CraneWorks, a Houston-based dealer and rental provider of truck-mounted and mobile cranes. The founders and senior management will remain as owners and leaders while EGI will join the board and provide capital and strategic support to fund greenfield expansion, acquisitions, and growth of equipment sales, rental, and parts & service operations.

Alliant Insurance Services Acquires Commercial Risk Group

October 31, 2023

Insurance

Alliant Insurance Services has acquired Commercial Risk Group (CRG), a retail property and casualty insurance agency headquartered in Broken Arrow, Oklahoma. The acquisition expands Alliant’s presence in Oklahoma and brings CRG’s risk management expertise and local team into Alliant’s Alliant Americas division; CRG will operate as Alliant from its Broken Arrow headquarters.