Hiline Acquires Calculate to Expand Outsourced Financial Operations Offering

Red Iron Group Invests in hiline Services

October 30, 2023

Professional Services

Red Iron Group, a Menlo Park-based private investment firm, made a significant growth investment in hiline Services, a Syracuse-based provider of financial operations-as-a-service. The capital will support hiline's organic growth, expand its hilineOS technology and enable strategic acquisitions while the company's co-founder and management team remain shareholders.

Kalibrate Acquires Intalytics

February 24, 2021

Data & Analytics

Kalibrate Group has acquired Intalytics, a location-based predictive analytics firm, to strengthen its location intelligence, consulting and software capabilities in North America. The deal, backed by investor Hanover Investors, expands Kalibrate's product offering for fuel retail, convenience, QSR and retail clients and follows recent investments in eSite Analytics and Trade Area Systems.

H.I.G. Capital to Acquire Alight's Payroll and Professional Services Business

March 21, 2024

Professional Services

H.I.G. Capital (via an affiliate) has signed a definitive agreement to acquire the Payroll and Professional Services Business of Alight, Inc. for up to $1.2 billion. The business is a global provider of technology-enabled payroll, human capital management and cloud advisory/managed services (serving ~1,500 enterprise clients with ~8,000 employees); H.I.G. plans to establish it as a standalone leader and invest to expand its capabilities and growth.

Amount Acquires Linear Financial Technologies

February 1, 2022

Payments & Fintech

Amount, a Chicago-based banking technology provider, has acquired Linear Financial Technologies to expand its small business and loan origination capabilities. Linear will rebrand as Amount Small Business, with Linear CEO Sam Graziano joining Amount's executive team to lead the unit and the combined business operating roughly 600 employees across several U.S. offices.

Dains Accountants Acquires Isosceles Finance

September 7, 2022

Accounting & Tax

Dains Accountants has acquired Isosceles Finance, a UK-based accounting outsourcing, HR consultancy and interim FD provider founded in 2001 with a network of four UK offices. The deal is an add-on to the Dains group (which is PE-backed by Horizon Capital); Isosceles' management (Mike O'Connell and Greg Eaton) are remaining with the business to support growth.

BlackLine Acquires FourQ Systems

January 27, 2022

Software

BlackLine, Inc. completed the acquisition of FourQ Systems, Inc. to integrate FourQ's intercompany financial management and tax/transfer-pricing capabilities into BlackLine's cloud financial operations platform. The deal closed Jan. 26, 2022 for $165 million in cash at close plus up to $75 million in earnouts, enhancing BlackLine's intercompany automation and compliance offerings for multinational finance teams.