Bain Capital to Acquire Echo Marketing in ~$344M Take-Private

Abacus Group Acquires ECHO Technology Solutions' IT Services Business

November 3, 2021

IT Services

Abacus Group has acquired the managed IT services business unit of ECHO Technology Solutions. The transaction brings ECHO's IT services employees and client relationships (largely venture capital and alternative investment firms) into Abacus to expand its scale and capabilities in the San Francisco market while ECHO's Salesforce consulting business remains independent under founder Sejo Jahic.

Bain Capital Takes Envestnet Private in $4.5B Transaction

July 11, 2024

Financial Services

Envestnet, Inc. entered into a definitive agreement to be acquired by affiliates of vehicles managed or advised by Bain Capital, valuing the company at $4.5 billion ($63.15 per share). The deal received stockholder approval and closed in November 2024, taking Envestnet private and removing its common stock from public listing.

BerlinRosen Acquires Majority Stake in Glen Echo Group

August 15, 2022

Marketing & Advertising

BerlinRosen, a strategic communications firm and portfolio company of O2 Investment Partners, has made a majority investment in Glen Echo Group to expand its technology public affairs and issue advocacy capabilities. Glen Echo Group, headquartered in Washington, D.C., will continue to be led by founder and CEO Maura Corbett and will join BerlinRosen's platform to deepen talent and service offerings.

The Jordan Company Affiliate Acquires Echo Global Logistics

November 23, 2021

Logistics & Distribution

An affiliate of private equity firm The Jordan Company completed the acquisition of Echo Global Logistics, Inc. for $48.25 per share in cash, taking the Chicago-based logistics provider private and suspending its Nasdaq trading. The Jordan Company said it will partner with Echo’s management to invest in the company’s technology and accelerate its long-term growth strategy.

Nielsen Holdings To Be Acquired in $16B All-Cash Takeover Led by Evergreen Coast Capital and Brookfield Business Partners

March 29, 2022

Data & Analytics

Nielsen Holdings plc entered into a definitive agreement to be acquired by a private equity consortium led by Evergreen Coast Capital Corporation (affiliate of Elliott Investment Management) and Brookfield Business Partners, along with institutional partners. The deal is an all-cash transaction valued at about $16 billion (approximately $28 per share), subject to shareholder and regulatory approvals and other customary closing conditions.

Sonic Automotive / EchoPark Acquires Carbiz Dealership Group

March 16, 2021

Automotive

Sonic Automotive, through its EchoPark Automotive segment, acquired the family-owned Carbiz dealership group and integrated two Carbiz locations in Baltimore and Laurel, Maryland into the EchoPark network. The deal retained all 65 Carbiz associates and expands EchoPark's nationwide footprint as part of Sonic's broader growth in the pre-owned vehicle retail market.