Bidvest Noonan Acquires Nexgen Group from Bridges Fund Management

Apax Funds Acquire NextGen Security from Dunes Point Capital

September 10, 2026

IT Services

Funds advised by Apax Partners completed their acquisition of NextGen Security, an electronic security systems integrator headquartered in Exton, Pennsylvania, from Dunes Point Capital. NextGen’s management team is retaining a significant shareholding, and the company plans to pursue further growth through investments in its salesforce, expansion into high-growth markets, and selective acquisitions.

NRG Controls Acquires Nexgen Automation

March 11, 2026

Industrial Services

NRG Controls, a portfolio company of Fort Point Capital, announced its acquisition of Nexgen Automation, a regional building automation systems integrator serving Central and Eastern Pennsylvania. The combined companies aim to broaden Nexgen Automation’s service offering to include security, fire and life safety, and lighting, while expanding engineering, technical support, and project delivery resources.

Nelnet Business Services Acquires Next Gen Web Solutions

April 14, 2025

Software

Nelnet Business Services, a division of Nelnet, Inc., has acquired Next Gen Web Solutions and will incorporate the company into its Nelnet Campus Commerce business line. Next Gen, headquartered in Jacksonville, Florida, provides software solutions for higher education—expanding Nelnet's product suite for form building, financial aid exception processing, verification, scholarship management, and work-study administrative support.

Exclusive Networks Acquires NEXTGEN Group

March 28, 2024

Cybersecurity

Exclusive Networks signed a binding agreement to acquire 100% of the share capital of NEXTGEN Group (NEXTGEN), a cybersecurity-focused channel services company in Australia and New Zealand. The transaction is expected to close in the second quarter of 2024, subject to customary conditions precedent, and is intended to strengthen Exclusive Networks’ APAC go-to-market position.

M Group Services Acquires AgilityEco from Bridges Evergreen

January 5, 2024

Energy

M Group Services has acquired AgilityEco, a UK home decarbonisation delivery platform, from Bridges Evergreen. The sale delivered a 3.4x money multiple and a 40% IRR for Bridges Evergreen; AgilityEco provides whole-house energy-efficiency solutions, has grown to turnover well over £100m and worked with 36,000 households in 2022/23.

Bridges Fund Management Acquires GEV Group (GEV Wind Power) from Maven Capital Partners

July 11, 2019

Energy

Bridges Fund Management has acquired GEV Group (trading as GEV Wind Power), a UK-headquartered specialist in wind turbine blade repair and maintenance, from Maven Capital Partners. The existing management team, led by CEO David Fletcher, is reinvesting and will continue to run the business as Bridges supports scaling the company across onshore and offshore wind markets.