Insight Partners Leads $49.5M Series B in GreenLite

LoneTree Capital Makes $23M Growth Investment in Northern Light Group

January 7, 2025

Cloud & SaaS

LoneTree Capital has made a $23 million growth investment in Boston-based Northern Light Group to accelerate product innovation and scale its enterprise knowledge management platform globally. As part of the investment, LoneTree partners Mike Devine, Rhett Lambert and Peter Bozian will join Northern Light's board; terms were not disclosed.

Greenlight Guru Acquires Vertex Intelligence

May 24, 2022

AI & Machine Learning

Greenlight Guru, a MedTech quality management software provider, acquired Vertex Intelligence, a Zionsville-based AI/ML and data science consultancy, to bring artificial intelligence and machine learning capabilities in-house. The deal integrates Vertex’s team and patents into Greenlight Guru’s product development to accelerate smart quality, recommendation engines and proactive decision support for medical device companies.

iCapital Network Acquires AI Insight

January 21, 2021

Financial Services

iCapital Network has agreed to acquire the assets of AI Insight, Inc., an education and compliance platform that provides fund-specific research, training and credentialing for financial advisors focused on alternative investments. As part of the transaction, AI Insight’s executives Sherri Cooke and Jennifer Simon and eight additional employees are expected to join iCapital to integrate AI Insight’s learning management system into iCapital’s advisor-facing alternative investment platform.

Francisco Partners and VSS Capital Partners Invest in GreenSlate

February 10, 2023

Cloud & SaaS

Francisco Partners led a strategic growth investment in GreenSlate, a cloud-based payroll and production accounting provider for the entertainment industry, with existing investor VSS Capital Partners reinvesting alongside GreenSlate management. The transaction closed in February 2023; financial terms were not disclosed. VSS realized a portion of its prior stake while continuing as a board participant to support the company’s next phase of product innovation and growth.

GEF Capital Partners Invests in InSite

October 21, 2021

Cloud & SaaS

GEF Capital Partners completed a strategic growth investment in InSite to support the expansion of InSite’s SaaS building intelligence platform and accelerate development of ESG and sustainability capabilities. The investment will help InSite scale its analytics, data integration, and services for building owners and facilities teams to improve energy efficiency and portfolio performance.

Oak Hill Capital Acquires Controlling Interest in Greenlight Networks

March 7, 2022

Telecommunications

Oak Hill Capital will acquire a controlling interest in Greenlight Networks through its Oak Hill Capital Partners VI fund and plans to invest up to $300 million to accelerate the fiber-to-the-home expansion across New York and beyond. Greenlight currently serves approximately 80,000 homes, employs about 160 people, and the transaction is expected to close pending New York State Public Service Commission approval.