Goldman Sachs Asset Management Acquires CarltonOne from H.I.G. Growth Partners

Bain Capital Acquires Stake in HSO from Carlyle

August 13, 2025

IT Services

Bain Capital is acquiring Carlyle's stake in HSO, the global Microsoft Dynamics services partner, with founder Peter J. ter Maaten investing alongside and remaining a significant shareholder and board member. HSO, founded in 1987 and headquartered in Amsterdam, provides Dynamics 365, Power Platform, Azure and AI services worldwide; Bain says the investment will accelerate HSO's global expansion and capability build-out around cloud and AI.

Reynolda Equity Partners Acquires Carlton Industrial Solutions

September 3, 2024

Industrial Services

Reynolda Equity Partners has acquired Carlton Industrial Solutions, a Greensboro, North Carolina-based provider of calibration, repair, automation, crane & hoist services, and safety training. Reynolda is partnering with CEO Chris Trevey and management to support Carlton's continued growth and regional expansion across regulated end markets such as food & beverage, pharmaceutical, and transportation & logistics.

PartnerOne Acquires Activation, CVML and Loyalty Assets from Evolving Systems

January 5, 2022

Software

PartnerOne (Partner One Capital) has completed the acquisition of the Activation (Customer Acquisition and Network Services) and CVML & Loyalty (Marketing) business assets of Evolving Systems, Inc. The asset-sale (total consideration reported at $40 million) transfers those telecom-focused real-time digital engagement capabilities into PartnerOne's software portfolio while leaving Evolving Systems with proceeds and a reduced business scope.

Goldman Sachs to Acquire Innovator Capital Management

December 2, 2025

Cloud & SaaS

Goldman Sachs agreed to acquire Innovator Capital Management in a transaction valued at approximately $2 billion in cash and equity, subject to performance targets and regulatory approval. The deal is expected to close in the second quarter of 2026 and will expand Goldman Sachs Asset Management’s ETF lineup, adding $28 billion in assets under supervision across 159 defined outcome ETFs.

Goldman Sachs Asset Management Acquires Clear Group from ECI Partners

June 27, 2022

Insurance

Goldman Sachs Asset Management’s private equity business has agreed to acquire Chartered insurance broker Clear Group from ECI Partners, subject to regulatory approval. Clear Group, which has grown via 10 acquisitions under ECI and now employs over 600 people across 15 locations while handling over £330m of premiums, will be backed by Goldman Sachs to continue its M&A-driven scaling strategy.

H.I.G. Capital Completes Growth Investment in Load One

June 22, 2022

Logistics & Distribution

H.I.G. Capital completed a growth investment in Load One, LLC, partnering with founder and CEO John Elliott and the existing management team to support the company's organic growth and M&A-driven consolidation. Load One, headquartered outside Detroit, Michigan, is a provider of expedited transportation and logistics services across the U.S., Canada, and Mexico; H.I.G. will provide capital and resources to accelerate strategic growth initiatives.