Zwift Acquires Milestone Sports, LTD.

The Halifax Group Acquires Majority Stake in Milestone Technologies; Two Sigma Impact Invests Minority

December 13, 2022

IT Services

The Halifax Group completed a control investment to acquire a majority interest in Milestone Technologies from H.I.G. Capital, with H.I.G. retaining a minority stake. Two Sigma Impact made a minority investment alongside Halifax, and Milestone's existing management team, led by CEO Sameer Kishore, will remain invested and continue to lead the company as it pursues further global growth in IT managed services.

Milestone Partners Acquires RedZone Robotics

June 7, 2018

Environmental Services

Milestone Partners, a private equity firm based in Radnor, Pennsylvania, led the acquisition of RedZone Robotics, Inc., a provider of robotic inspection, sensing and asset-management software for wastewater pipeline systems. The company was acquired from a group of private shareholders including ABS Capital Partners; Monroe Capital provided a senior credit facility to support the transaction.

Milestone AV Technologies Acquires Vaddio

April 4, 2016

Manufacturing

Milestone AV Technologies, a portfolio company majority owned by Pritzker Group (with Duchossois Capital Management as a co-investor), has acquired Vaddio, a Minnetonka-based manufacturer of PTZ cameras and professional AV solutions. The undisclosed-value deal brings Vaddio into Milestone’s family of AV brands and is intended to expand Milestone’s product and service offerings while keeping Vaddio’s operations in Minnetonka, Minnesota.

Milestone Partners Acquires mTAB LLC

June 6, 2018

Data & Analytics

Milestone Partners led the acquisition of mTAB LLC on May 31, 2018. mTAB, a provider of database services and cloud-based data analytics platforms based in Anaheim, California (with an office in Essex, UK), will partner with Milestone to accelerate growth, expand its product offering and enter new markets; Woodforest National Bank provided a senior credit facility to support the transaction.

Milestone Technologies Acquires Suyati Technologies Pvt Ltd

January 9, 2024

IT Services

Milestone Technologies, a Silicon Valley-based IT services firm majority owned by The Halifax Group, has acquired Suyati Technologies Pvt Ltd, an India-headquartered IT solutions provider specializing in Microsoft & Cloud technologies, Salesforce, and advanced analytics. The acquisition expands Milestone's applications and digital engineering capabilities and broadens its global delivery footprint.

Wahoo Fitness Acquires RGT Cycling

April 26, 2022

Consumer Products

Wahoo Fitness has acquired virtual cycling platform RGT Cycling (now Wahoo RGT) and will integrate it with its existing training products. The deal expands Wahoo's software portfolio and launches a new bundled subscription, Wahoo X, giving users unified access to Wahoo SYSTM and Wahoo RGT.