Erie Street Acquires Performance Improvement Partners

Crescendo Capital Partners and Construction Capital Group Acquire Peoria Industrial Piping Company (PIPCO)

December 26, 2025

Construction

Crescendo Capital Partners, together with operators from Construction Capital Group, has acquired Peoria Industrial Piping Company (PIPCO) and created a new holding company, Essential Facility & Infrastructure Services (EFI Services), with PIPCO as the first operating company. Fidus Capital provided term debt and an equity co-investment; the Cicciarelli family (sellers) retain equity and will remain in leadership roles as the sponsors build a regionally dominant MEP and fire protection platform in the Midwest.

Erie Street Growth Partners Invests in 50,000feet

June 15, 2023

Marketing & Advertising

Erie Street Growth Partners made a growth investment in 50,000feet, an independent brand consultancy and creative agency, to support expansion of its offerings, operational infrastructure, and geographic footprint. 50,000feet will retain its independence with CEO Jim Misener reporting to Jerry Graunke of Erie Street; 7 Mile Advisors acted as exclusive sell‑side advisor on the transaction.

Prosperity Partners Acquires Pipaya

August 5, 2025

Accounting & Tax

Chicago-headquartered Prosperity Partners, a tax and accounting firm backed by Unity Partners, has acquired Vienna, Virginia-based transaction advisory firm Pipaya. The acquisition expands Prosperity's transaction services capabilities—particularly in aerospace, defense and government contracting—and grows its presence in the Washington, D.C. metro area; terms were not disclosed.

Piper Sandler Acquires Stamford Partners LLP

June 13, 2022

Financial Services

Piper Sandler Companies has completed the acquisition of London-based Stamford Partners LLP, integrating the three-partner team into Piper Sandler’s European consumer advisory practice. The deal expands Piper Sandler’s European investment banking footprint and adds food & beverage and broader consumer M&A capabilities to its platform.

Ethos Partners Acquires IP Integration (IPI)

April 12, 2023

IT Services

Ethos Partners LLP has completed a buyout investment in IP Integration (IPI), a UK-based contact centre services and solutions provider headquartered in Reading. The Ethos investment provides a partial cash-out for the vendor and will support IPI's growth, cloud migration and expansion of its professional services and proprietary solutions.

Blue Owl Capital Acquires IPI Partners' Business

January 6, 2025

Financial Services

Blue Owl Capital Inc. completed the acquisition of the business of digital infrastructure fund manager IPI Partners, LLC. The deal brings IPI's digital infrastructure capabilities and AUM into Blue Owl's Real Estate platform and appoints IPI Managing Partner Matt A'Hearn to lead Blue Owl's digital infrastructure strategy.