Cornerstone Payment Systems Acquires Move Your Mountain

New Mountain Capital Acquires Majority Stake in Ontario Systems

August 23, 2019

Software

New Mountain Capital has agreed to purchase a majority stake in Ontario Systems from Arlington Capital Partners. The transaction gives New Mountain control of the Muncie, Indiana-based enterprise software provider to support continued organic and inorganic growth across healthcare, government, and accounts receivable management markets.

Cornerstone Global Management Acquires Paydrop

March 28, 2022

Payments & Fintech

Cornerstone Global Management, Inc. has acquired Paydrop in a cash-and-stock transaction, integrating Paydrop’s leadership and payment capabilities into Cornerstone’s Hedge payroll-to-crypto conversion platform. The deal expands Cornerstone’s ability to offer crypto and blended fiat/crypto payment services to freelancers, gig workers and traditional employers across the United States.

Vista Equity Partners Acquires Black Mountain Systems

May 29, 2019

Software

Vista Equity Partners has agreed to acquire Black Mountain Systems, a San Diego–based provider of workflow and portfolio management software for credit investors and alternative asset managers. The transaction will see Stone Point Capital exit its investment and provides Black Mountain with capital and resources to accelerate product development, international expansion and growth under Vista's ownership.

StayTerra (backed by Garnett Station Partners) Invests in Moving Mountains

May 15, 2025

Restaurants & Hospitality

StayTerra, a vacation rental collection backed by Garnett Station Partners, has made an investment in Moving Mountains, a luxury vacation rental and property management company operating in the Colorado Rockies. Moving Mountains will join the StayTerra collection and receive growth capital, technology and service capabilities to scale its luxury property and yacht charter offerings while retaining its brand and leadership.

Paystone Acquires Canadian Payment Services

January 26, 2022

Payments & Fintech

Paystone, a London, Ontario-based payments and customer engagement company, acquired Canadian Payment Services (CPS), a Canadian merchant services provider. The deal expands Paystone's merchant base and capabilities—adding CPS's ~10,000 merchants and enabling Paystone to offer its proprietary SaaS products and payment services to a larger Canadian footprint.

New Mountain Capital Acquires Majority Stake in Citrin Cooperman

April 11, 2022

Accounting & Tax

New Mountain Capital made a majority investment in Citrin Cooperman to support the accounting and advisory firm's organic and acquisition-led growth. The partnership will provide Citrin Cooperman with capital and resources to expand services, pursue technology and advisory acquisitions, and grow its footprint across new markets.