E-3 Tech Acquires Sylvan Inc.

Blue Point-Backed Sylvan Group Acquires Great Lakes Mechanical

May 18, 2021

Industrial Services

Blue Point Capital Partners and its Blue Point III portfolio company, Sylvan Group, have acquired Great Lakes Mechanical (GLM). The add-on expands Sylvan's industrial and commercial contracting capabilities and geographic reach across the Eastern U.S. and Canada, combining GLM's commercial/service strengths with Sylvan's industrial contracting expertise.

Sylvan (Blue Point Portfolio) Acquires Anchor Conveyor Products

June 6, 2024

Industrial Services

Blue Point Capital Partners’ portfolio company Sylvan has acquired Anchor Conveyor Products, a family-owned engineering and fabrication contractor specializing in industrial conveyor systems. The add-on expands Sylvan’s in-house fabrication and conveyor capabilities, strengthening its Conveyor Group and supporting broader multi-trade service offerings.

KKR-Led Investor Group Makes Follow-on Investment in Sylvan

January 22, 2026

Biotechnology

KKR has completed an additional investment in Sylvan, a global mushroom spawn and fungal biotechnology company, with participation from TPG NewQuest, Ping'An Capital, China Post Insurance, Schroders Capital, Tsao Pao Chee and a follow-on from Novo Holdings. The funding will support Sylvan’s expansion—increasing production capacity, strengthening R&D, developing new product categories and deeper growth across Asian markets—while KKR remains the company’s majority investor.

Franchise Group Acquires Sylvan Learning for $81 Million

September 27, 2021

Education

Franchise Group, Inc. completed an all-cash acquisition of Sylvan Learning for approximately $81 million, financed with available cash. Sylvan, a Hunt Valley, Maryland–headquartered tutoring franchisor with more than 700 locations, will expand Franchise Group's portfolio of consumer-facing franchise concepts and is expected to be immediately accretive to earnings.

ECI Software Solutions Acquires ES Tech Group

October 7, 2022

Cloud & SaaS

ECI Software Solutions has completed the acquisition of ES Tech Group, a U.K.-based B2B eCommerce software and services company. The deal expands ECI's cloud-based eCommerce portfolio and brings ES Tech's platform and growth-agency capabilities into ECI's suite to better serve SME manufacturers, distributors and wholesalers.

Momentive Software Acquires Blue Sky eLearn

February 10, 2025

Software

Momentive Software acquired Blue Sky eLearn to expand its learning management solutions for associations and mission-driven organizations. The acquisition adds Blue Sky’s Path LMS (used by over three million users across ~400 organizations) to Momentive’s cloud-based portfolio; terms were not disclosed.