Anthesis Group Acquires Provision Coalition Inc.

Prospect Hill and KeyImpact Form Acxion Foodservice by Acquiring Advantage Solutions' Foodservice Businesses

January 31, 2024

Marketing & Advertising

Prospect Hill Growth Partners has acquired Advantage Solutions' collection of foodservice businesses (including Waypoint, Marlin Connections, Primeline, CSSI, Ettros/Ettinger-Rosini, Halverson Group and Coleman, Greear & Associates) and combined them with KeyImpact Sales & Systems to form Acxion Foodservice. Advantage received approximately $100 million in proceeds (mostly cash plus a 7.5% ongoing stake) and will retain a board seat; the deal creates a larger North American foodservice sales and marketing agency while allowing Advantage to focus on its core retail business.

Croptimistic Technology Acquires CropPro Consulting; Series B from Forage Capital Partners

February 8, 2023

Agriculture

Croptimistic Technology Inc. has acquired CropPro Consulting and will operate it within its farmer services division. Concurrently, Forage Capital Partners invested $9.1 million in a Series B into Croptimistic to fund R&D and working capital, supporting Croptimistic's scale and product development in precision agriculture.

Evertree Insurance Acquires Provision Insurance Group

January 17, 2023

Insurance

Evertree Insurance, a technology-enabled property & casualty insurance distribution platform, has acquired Provision Insurance Group, a Michigan-based independent brokerage that serves primarily personal lines and small commercial clients. The deal brings Provision's 44 employees (including 20 producers) and its offices in Bingham Farms and Grand Rapids onto the Evertree platform as part of the company's roll-up strategy.

Agathos Acquires Majority Stake in Targeted Provision

December 7, 2022

Education

Agathos has completed a majority investment into Targeted Provision, a UK specialist provider of tailored, trauma-informed educational support to vulnerable children and young people. The deal provides an exit for certain existing shareholders and will fund the business’s planned growth and rollout of its tech-enabled SEND tutoring and mentoring services across the United Kingdom.

Anthesis (Palatine-backed) Acquires Padd Energy

July 19, 2022

Energy

Anthesis, the Palatine-backed global sustainability consultancy, has acquired UK-based energy specialist Padd Energy. The acquisition (an add-on) expands Anthesis’ Energy Systems capabilities by adding Padd Energy’s waste-to-energy, biofuels and renewables engineering expertise and team across London, Harrogate and Glasgow.

GrowGeneration Acquires Assets of Canopy Crop Management

December 23, 2020

Agriculture

GrowGeneration Corp. acquired the assets and product portfolio (including the Power SI brand) of Southern California-based Canopy Crop Management. The acquisition brings founder Rex Gill and proprietary silicic acid formulations into GrowGen as the company pursues private label product development and expanded product offerings for its hydroponic retail chain.