M/C Partners Makes Strategic Investment in Edafio Technology Partners

TA Associates and Francisco Partners Make Growth Investment in Edifecs

July 28, 2020

Healthcare Services

TA Associates and Francisco Partners have signed a definitive agreement to make a significant growth investment in Edifecs, a Bellevue-based health information technology company. The minority growth investment, expected to close in Q3 2020, will support Edifecs' product innovation and expansion across interoperability, value-based care payments and analytics.

M|C Partners Makes Growth Investment in Consortium Networks

January 24, 2024

Cybersecurity

M|C Partners has made a strategic growth investment in Consortium Networks to accelerate the cybersecurity firm's growth, expand talent acquisition, sales, technical expertise, and vendor partnerships. As part of the transaction, cybersecurity veteran Nate Ungerott was appointed CEO; founders Larry Pfeifer and Tim Murphy remain materially invested and on the board. Terms were not disclosed.

Ascend Technologies Acquires Infogressive (PE-backed by M/C Partners)

July 29, 2020

Cybersecurity

Ascend Technologies LLC, a Midwest-based managed services provider backed by private equity firm M/C Partners, has merged with Infogressive, a Lincoln, Nebraska–based cybersecurity/MSSP firm. The add-on transaction expands Ascend's cybersecurity and cloud capabilities and creates a combined organization of more than 150 U.S.-based technical and security professionals with offices in Chicago, Illinois and Lincoln, Nebraska.

Abry Partners Makes Significant Growth Investment in Options

January 7, 2020

IT Services

Abry Partners, a Boston-based private equity firm, has made a significant growth investment in Options, a London-headquartered provider of cloud-enabled managed IT services to the global capital markets. The deal will fund Options’ accelerated growth strategy, strategic M&A, further investment in its technology platform and expansion into key financial centers globally; terms were not disclosed.

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

M/C Partners Acquires AerioConnect to Establish Residential and Commercial Broadband Platform

September 30, 2020

Telecommunications

M/C Partners, a Boston-based private equity firm focused on communications and IT services, completed the acquisition of AerioConnect, LLC, a Los Angeles-based ISP serving multi‑family and commercial buildings, on September 30, 2020. M/C intends to build Aerio into a platform for residential and commercial broadband in the greater Los Angeles market, investing in products and services and pursuing geographic expansion and additional acquisitions.