Avetta Acquires Pegasus (Australia)

Midland Industries Acquires Pegasus Supply Group, LLC

September 4, 2026

Manufacturing

Midland Industries, a portfolio company of Gemspring Capital, acquired Pegasus Supply Group, LLC, a supplier and value-added provider of industrial and electronic connection products. The acquisition adds complementary products and capabilities—including wire harness and cable assembly, engineering support, and custom cutting and marking—to Midland's offering.

EQT Private Equity Acquires Avetta from WCAS

April 2, 2024

Cloud & SaaS

EQT Private Equity's EQT X fund has agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Avetta is a global SaaS leader in supply chain risk management with 12 offices, more than 750 employees, and a network spanning 130+ countries; EQT says it will back product innovation, AI/automation adoption and global expansion to accelerate growth.

Arlington Capital Partners Acquires Pegasus Steel

June 14, 2023

Aerospace & Defense

Arlington Capital Partners, a Washington, D.C.-area private equity firm, has acquired Pegasus Steel LLC, a heavy steel fabricator that supplies large-scale structures for U.S. Navy submarines and aircraft carriers. Pegasus will serve as a new platform for Arlington as management, led by Founder & CEO Tony Deering, remains in place to scale the business to meet naval shipbuilding demand.

Pegasus Acquires iskills to Support New Zealand Expansion

March 15, 2021

Education

Australian workforce competency management platform Pegasus (Accel-KKR-backed) has acquired New Zealand competency management specialist iskills to establish a local presence and enhance support for New Zealand clients. The deal brings iskills’ training, workplace assessment and consultancy capabilities into Pegasus’ software and managed-services offering to accelerate growth across infrastructure, telecommunications, utilities and construction sectors.

Pegasus Acquires Compliance Fox

July 22, 2020

Software

Newcastle-based workforce competency platform Pegasus has acquired Compliance Fox, a Newcastle software start-up that provides SME-focused workforce compliance and contractor management tools. The deal is Pegasus' first acquisition following a growth investment from Accel-KKR and is intended to expand Pegasus' platform capabilities to better support SME subcontractors and extend its workforce competency network.

Leggett & Platt Acquires Pegasus Manufacturing

March 15, 2016

Manufacturing

Leggett & Platt Incorporated has acquired Pegasus Manufacturing, Inc., a Middletown, Connecticut-based aerospace manufacturer that produces fabricated tubes, pipe assemblies, precision-machined parts and gears for commercial and military aircraft engines and land-based turbines. Terms were not disclosed; Carter Morse & Mathias served as financial advisor to Leggett & Platt. The acquisition expands Leggett & Platt's Aerospace Products Group capabilities and strengthens its product and market presence in aerospace components.