HCI and Emerald Lake Invest in Pacific Defense; Pacific Defense Acquires Spectranetix and Invests in Perceptronics

Emerald Lake Capital Management Acquires Electrical Cable Specialists (ECS) From Camp Lake Capital

July 15, 2026

Transportation

Camp Lake Capital has sold Electrical Cable Specialists, LLC (ECS) to Emerald Lake Capital Management. ECS is a specialty cable distributor and project integrator serving power generation, industrial, transit and rail, data center, renewables, and transmission and substation markets. The transaction closed on July 2, 2026; financial terms were not disclosed.

Hg Invests in Empyrean Solutions with Spectrum Equity Participation

November 20, 2024

Software

Hg has made a significant growth investment in Empyrean Solutions, a Woburn, Massachusetts-based provider of risk and performance management SaaS for banks and credit unions. Existing investor Spectrum Equity is participating alongside Hg and current shareholders including TechVenture Investors and management will remain invested; terms were not disclosed.

Pacific Lake Partners Leads Growth Investment in IntellaTriage

October 7, 2022

Healthcare Services

Pacific Lake Partners led a growth investment round in IntellaTriage, a Brentwood, Tennessee-based provider of after-hours nurse triage services for hospice, home health and other healthcare organizations. Other investors in the round included Trilogy Search Partners, TTCER Partners, The Nashton Company, Aspect Investors and Granite Point Partners; proceeds will fund hiring and technology/platform investments (including EMR integrations) as the company scales.

American Pacific Group Invests in Concisys

August 9, 2022

Manufacturing

American Pacific Group, a San Francisco Bay Area private equity firm, made an investment in Concisys LLC, a San Diego-based electronic manufacturing services (EMS) provider specializing in printed circuit board assembly (PCBA). The partnership will support Concisys' organic and inorganic growth and help expand its prototyping, quick-turn, and medium-volume production capabilities for customers across semiconductor, medical, aerospace & defense, and telecom markets.

Spectra A&D Holdings (Vance Street Capital) Acquires Galleon Embedded Computing AS

August 16, 2021

Aerospace & Defense

Spectra A&D Holdings, a portfolio company of Vance Street Capital, has acquired Oslo-based Galleon Embedded Computing AS in an add-on transaction to expand Spectra's C5ISR and embedded computing product portfolio for aerospace and defense customers. The acquisition broadens Spectra's proprietary offerings (servers, NAS, data recorders, board-level solutions) and extends the platform's international reach into Europe.

Pacific Defense Acquires Spear Research

November 5, 2020

Aerospace & Defense

Pacific Defense, a defense electronics platform backed by HCI Equity Partners and Emerald Lake Capital Management, has acquired Nashua, New Hampshire–based Spear Research. The acquisition adds electronic warfare, signals intelligence (SIGINT/ELINT), RF engineering, advanced signal processing and autonomous networked sensor capabilities to Pacific Defense's portfolio to better serve DoD and select international customers.