GI Partners Acquires GTY Technology Holdings

GI Partners and TA Associates Make Majority Investment in Egnyte

February 25, 2025

Cloud & SaaS

Egnyte, a Mountain View-based provider of cloud content collaboration and governance, announced a majority strategic growth investment from private equity firms GI Partners and TA Associates. The partnership will provide capital and expertise to accelerate AI-driven product innovation, R&D, and expansion into additional verticals and international markets; financial terms were not disclosed.

GI Partners Acquires Atlas Technical Consultants for $1.05 Billion

April 19, 2023

Professional Services

Atlas Technical Consultants announced the completion of its all-cash acquisition by GI Partners in a transaction valued at approximately $1.05 billion, including outstanding debt. Atlas stockholders received $12.25 per share, and the company ceased trading and was delisted from Nasdaq.

GTY Technology Acquires Ion Wave Technologies

January 19, 2023

Cloud & SaaS

GTY Technology Holdings Inc. has acquired Ion Wave Technologies to complement GTY's existing eProcurement offerings (Bonfire and DemandStar) and expand into K-12 special education with Ion Wave's SpedTrack product. The deal will combine Ion Wave with GTY's Bonfire business to broaden GTY's public sector SaaS footprint and supplier-buyer network across North America.

Kinzie Capital Partners Acquires GT Golf Holdings, Inc.

January 12, 2023

Consumer Products

Chicago-based private equity firm Kinzie Capital Partners has acquired GT Golf Holdings, Inc., a Vista, California–based distributor of consumable golf products, in partnership with the company's management team. The transaction (terms undisclosed) transfers ownership from Hadley Capital to Kinzie and positions GT Golf to expand nationally while leveraging Kinzie's technology and operational resources.

GTY Technology / Bonfire Acquires DemandStar

December 6, 2022

Cloud & SaaS

GTY Technology Holdings Inc., a GI Partners portfolio company, has acquired DemandStar and will merge the business into GTY’s Bonfire eProcurement unit. The deal expands GTY/Bonfire’s public-sector sourcing footprint—together the combined business will serve roughly 1,900 state and local buying agencies and access a network of about 500,000 suppliers—to broaden eProcurement capabilities and supplier outreach for government buyers.

Graycliff Partners Acquires Gold Tech Industries

July 7, 2021

Industrial Services

Graycliff Partners LP has completed the acquisition of Gold Tech Industries (GTI), a Tempe, Arizona-based provider of precision metal finishing and plating services for the semiconductor and aerospace industries. The deal represents Graycliff's third investment from its fourth private equity fund and is intended to accelerate GTI's growth as Graycliff targets additional acquisitions in the semi-cap metal finishing space.