Liberty Mutual Investments Makes Strategic Minority Investment in Mascarene Partners

Consortium of Declaration Partners, Capitol Meridian and 22C Capital Acquires LMI's For‑Profit Business

July 12, 2022

Government & Public Sector

A consortium of investment firms—Declaration Partners (anchored by the family office of David M. Rubenstein), Capitol Meridian Partners, and 22C Capital—agreed to purchase LMI’s for‑profit subsidiary, which will retain the LMI name. The transaction, advised by KippsDeSanto & Co. and Macquarie, is expected to close in Q3 2022 and aims to accelerate LMI’s evolution into a digital‑focused, tech‑enabled government solutions provider.

Mascarene Partners Acquires Voyager Trucking Corporation

July 17, 2025

Transportation

Mascarene Partners has partnered with Voyager Trucking Corporation's management to acquire Voyager, a Newark, New Jersey–based waste hauling and transfer station management company that operates across nine U.S. East Coast states. Financing was provided by a lender group led by Man Varagon, Onex Credit and Amateras AEA; Voyager's management will remain shareholders and continue to lead the business as Mascarene supports further organic growth and add-on M&A.

Lovell Minnick Partners Makes Strategic Investment in Americana Partners

October 24, 2024

Financial Services

Funds managed by Lovell Minnick Partners have made a strategic minority investment in Americana Partners, an independent wealth management firm headquartered in Houston. The deal makes LMP the first outside institutional investor while Americana's founders and management remain significant owners; the capital will be used to support geographic expansion, advisor recruitment and strategic initiatives.

LNC Partners Invests in Virtus LLC

June 5, 2024

Insurance

LNC Partners completed a strategic growth investment in Virtus LLC, a Top 100 insurance brokerage and risk management consulting platform headquartered in Overland Park, Kansas. The capital will support Virtus's organic growth and its "acquire-and-integrate" M&A strategy to expand the company's national footprint and vertical specializations.

Insight Partners Makes Strategic Growth Investment in NMI

September 9, 2021

Payments & Fintech

NMI, a global commerce enablement and payments technology platform, received a significant growth-equity investment from Insight Partners, joining existing investors Francisco Partners and Great Hill Partners. The company will remain led by CEO Vijay Sondhi and management (who also reinvested); the capital will be used to accelerate product development, global expansion, and NMI's acquisition strategy.

MAI Capital Management Acquires Liberty Private Client

October 28, 2025

Wealth Management

MAI Capital Management has acquired Liberty Private Client, a Fort Myers, Florida–based registered investment advisor managing $245 million in client assets. The entire Liberty team will join MAI effective October 24, 2025; terms were not disclosed. The acquisition expands MAI’s presence in Florida and strengthens its Southeast / East Coast footprint.