Paychex Acquires Alterna Capital Solutions from Alterna Equity Partners

US Acute Care Solutions Acquires Alteon Health

February 1, 2022

Healthcare Services

US Acute Care Solutions (USACS) has acquired Alteon Health from its private equity shareholders and will issue USACS ownership to hundreds of Alteon physicians. The deal combines the two physician-led organizations to form a larger integrated acute- and post-acute care provider serving roughly nine million patients across more than 500 hospital-based and post-acute programs in the United States.

Altus Capital Partners Acquires Pinnacle X-Ray Solutions, LLC

November 2, 2022

Manufacturing

Altus Capital Partners, a U.S.-based private equity firm focused on middle-market manufacturing, has acquired Pinnacle X-Ray Solutions, LLC, a Suwanee, Georgia manufacturer of non-destructive testing (NDT) X-ray and CT systems and related inspection services. The acquisition is a new platform investment for Altus; Pinnacle's management will remain in place and financial terms were not disclosed.

Soundcore Capital Partners (via ACI Holdings) Acquires ACS Asphalt Concrete Solutions

March 24, 2023

Industrial Services

Soundcore Capital Partners, through its ACI Holdings Group platform, acquired ACS Asphalt Concrete Solutions and combined it with previously acquired ACI Asphalt & Concrete to create a larger commercial paving platform in the Minneapolis / Upper Midwest market. O2 Sponsor Finance (a division of Old Second National Bank) acted as administrative agent and lead arranger on more than $44 million of senior secured financing to support Soundcore’s acquisitions; Old National Bank and Northstar Capital provided additional financing and subordinated debt. Terms were not disclosed.

Paychex Acquires Paycor for $4.1B

January 7, 2025

Cloud & SaaS

Paychex, Inc. has completed the all-cash acquisition of Paycor HCM, Inc. for $22.50 per share, representing approximately $4.1 billion of enterprise value. Funds advised by Apax Partners (the majority Paycor shareholder) and other Paycor stockholders sold their interests; Paychex expects more than $80 million in annual cost synergies and expanded upmarket and revenue opportunities from the combined HCM offerings.

Equisoft Acquires U.K. Pension and Investment Solutions Provider Altus

July 5, 2021

Financial Services

Equisoft, a Montreal-based digital solutions provider to the financial industry, has acquired U.K.-based Altus, a Bath-headquartered provider of investment and pension management products and services. The acquisition adds a first European location to Equisoft's operations, expands its pension and investment product portfolio and brings Altus' client base and expertise into Equisoft's global digital solutions offering.

AffiniPay Acquires ClientPay

February 9, 2021

Payments & Fintech

AffiniPay, a provider of professional services payment solutions, acquired ClientPay from Persolvent to accelerate adoption of online payments among large law firms and expand its enterprise payment capabilities. The acquisition integrates ClientPay into AffiniPay’s portfolio (including LawPay) and adds key large-firm technology partnerships to strengthen AffiniPay’s enterprise market position.