Periscope Equity Launches brightfin from acquisitions of MobiChord, Visage and Mobile Solutions

Proven Optics Acquires brightfin's ServiceNow Enterprise Business from Periscope Equity

January 27, 2026

IT Services

Proven Optics, backed by Silversmith Capital Partners, has acquired brightfin's ServiceNow-native enterprise business from Periscope Equity. Periscope will retain and reintroduce Mobile Solutions as a standalone, mid-market-focused platform and has named Chebem Chukwu as CEO as it pursues organic growth and add-on acquisitions.

Periscope Equity Acquires Mobile Solutions Services from Clovis Point Capital

October 24, 2019

Cloud & SaaS

Periscope Equity has acquired Mobile Solutions Services, LLC, a Centennial, Colorado-based software provider of full life-cycle Managed Mobility Services, from Clovis Point Capital. The transaction represents Clovis Point's exit following a growth equity partnership that helped scale Mobile Solutions' next-generation mobile expense management platform and go-to-market capabilities.

Periscope Equity Completes Majority Recapitalization of The RepTrak Company

November 20, 2024

Data & Analytics

Chicago-based private equity firm Periscope Equity has completed a majority recapitalization of The RepTrak Company, a Boston-based leader in reputation intelligence. The investment — advised by BrightTower with credit financing support from Tree Line Capital Partners — will fund product and platform innovation (including AI and data visualization), expand advisory capabilities, and support organic and inorganic growth while existing investors led by Catalyst Investors partially exited.

Proven Optics Acquires brightfin and Names Joel Martins CEO

January 7, 2026

Cloud & SaaS

Proven Optics has acquired brightfin to combine Proven Optics' IT financial management capabilities with brightfin's technology expense management solutions, and appointed Joel Martins as CEO of the combined organization. The deal (backed by majority investor Silversmith Capital Partners and with prior growth investment from ServiceNow) expands the platform's ServiceNow-native capabilities, customer support, and AI-enabled functionality for enterprise and public-sector customers.

mdf commerce Acquires Periscope Holdings

August 11, 2021

Cloud & SaaS

mdf commerce inc. has signed a definitive agreement to acquire Periscope Holdings, Inc. from Parthenon Capital Partners in a transaction valuing Periscope at $207.3 million, expected to close in Q3 2021. The deal combines mdf commerce's SaaS commerce platforms with Periscope's U.S. public-sector eProcurement offerings to create a North American eProcurement leader; Parthenon will remain a shareholder in the combined entity.

Periscope Equity Recapitalizes CyberMaxx

August 17, 2021

Cybersecurity

Periscope Equity made a platform investment in CyberMaxx through a recapitalization in partnership with management. The investment will support CyberMaxx's growth initiatives — including product expansion, team development, and strategic acquisitions — as it continues to provide managed cybersecurity services focused on the healthcare industry.