GTCR Acquires Innovative Systems

Spatial Business Systems Acquires GeoSpatial Innovations, Inc.

January 2, 2026

Cloud & SaaS

Spatial Business Systems, a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations, Inc. (GSI), a provider of distribution design and vegetation management software for the power and utility industry. The add-on acquisition, which closed January 2, 2026, expands SBS’s intelligent design platform with GSI’s cloud-based Distribution Design Studio (DDS) and mobile Forester field offerings to better serve utilities and infrastructure customers across North America and Europe.

GTCR Makes Strategic Investment in Visionary Broadband

June 6, 2022

Telecommunications

Funds affiliated with GTCR LLC have made a strategic growth investment in Visionary Broadband, a Gillette, Wyoming-based ISP. The capital will support Visionary’s continued buildout of fiber-to-the-premise networks across Wyoming, Colorado and Montana and help meet match requirements for upcoming state-led grant programs.

GTCR Acquires Cisive

November 1, 2021

Staffing & HR

Chicago-based private equity firm GTCR has signed a definitive agreement to acquire Cisive, a provider of compliance-driven background screening and workforce monitoring solutions. GTCR will partner with Cisive's CEO Jim Owens and management to accelerate growth through organic initiatives and add-on M&A while investing in product expansion and service capabilities.

Alpine Investors Makes Growth Investment in Innovative Systems

January 12, 2021

Software

Alpine Investors has announced a strategic partnership and growth investment in Innovative Systems, a mission-critical enterprise software provider for independent telecommunications providers. The investment will fund product and operations expansion, support leadership transition with Alpine's CEO-in-Residence, and position Innovative Systems for broader market growth as U.S. rural broadband expands.

Aptean Acquires Innovative Systems to Expand Apparel ERP and EDI Capabilities

August 26, 2020

Software

Aptean acquired Innovative Systems, LLC, a provider of apparel-focused ERP software and EDI mapping/transaction services, expanding Aptean's offerings into the apparel, footwear and accessories verticals. Innovative Systems, founded in 1994 and headquartered in Laguna Hills, California with ~30 employees and 300+ customers, will bring Full Circle Apparel Software, Full Circle Lite (SaaS) and EDI Direct to Aptean's product portfolio.

SS&C Technologies Acquires Innovest Systems

May 18, 2020

Cloud & SaaS

SS&C Technologies Holdings, Inc. completed the acquisition of Innovest Systems, a provider of web-based trust accounting, payments and unique asset servicing technology. The deal adds Innovest's InnoTrust product suite and more than 150 employees across New York, California and Texas, broadening SS&C's wealth management technology and managed-services capabilities.