Housatonic Partners and Pracinco Invest in Veridic Solutions

Housatonic Partners Invests in Working Solutions

January 12, 2021

Staffing & HR

Housatonic Partners, a growth-oriented private equity firm, made a significant growth equity investment in Working Solutions to fund technology automation and support geographic and market expansion. The capital will help the on-demand, onshore contact center provider scale its virtual model and expand tools, channels and geographies amid strong demand during the COVID-19 pandemic.

Revint Solutions Acquires Praxis Healthcare Solutions

July 24, 2020

Healthcare Services

Revint Solutions, a portfolio company of New Mountain Capital, has acquired Praxis Healthcare Solutions to strengthen Revint's revenue integrity, denials management, and complex claims recovery capabilities. Praxis, headquartered in Plano, Texas and led by founder April Kooiman, will join Revint's enterprise revenue recovery platform; Greenberg Advisors served as exclusive M&A advisor to Praxis. Terms were not disclosed.

Sverica Capital and Salesforce Ventures Invest in Coastal Cloud

June 4, 2020

IT Services

Sverica Capital Management and Salesforce Ventures made a strategic growth investment in Coastal Cloud LLC, a Palm Coast, Florida-based Salesforce consulting and managed services provider. The capital will be used to accelerate Coastal Cloud’s growth, expand industry-specific solutions and multi-cloud capabilities, and deepen its position within commercial, public sector and nonprofit markets.

Marlin-backed Puzzel Acquires Vergic

October 11, 2021

Cloud & SaaS

Marlin Equity Partners portfolio company Puzzel has acquired Vergic Group AB, a Malmö-based digital-first customer engagement platform. The acquisition will merge Vergic into Puzzel to expand Puzzel's cloud-based contact centre (CCaaS) capabilities with video, co-browsing, site messaging and AI-driven engagement features.

Sterling Investment Partners Acquires Verdantas

May 7, 2024

Environmental Services

Sterling Investment Partners has acquired a majority stake in Verdantas, LLC from Round Table Capital Partners, with Verdantas management, employees, and RTC retaining significant equity. Based in Tampa, Florida, Verdantas is an integrated environmental science, engineering, and consulting firm that has grown rapidly through 18 acquisitions since 2020 and employs over 1,450 staff nationwide.

Claranet Acquires Mandic Cloud Solutions

April 19, 2021

Cloud & SaaS

Claranet, the UK-based cloud and cybersecurity services provider, has acquired Brazilian cloud specialist Mandic (Mandic Cloud Solutions) in a transaction that marks a near-complete exit for investors Riverwood Capital and Oria (with Riverwood retaining under 5%). The deal — value not disclosed — brings Mandic's customers and capabilities into Claranet's Brazil operation (which will have ~R$250 million in revenue and ~450 employees post-deal); Mandic founder Aleksander Mandic sold his remaining stake and CEO Maurício Cascão stays on.