ION Investment Group Recapitalizes Broadway Technology

Level Equity Recapitalizes TeamDynamix with K1 Rolling a Material Stake

December 21, 2022

Cloud & SaaS

Level Equity Management has made a majority investment in TeamDynamix, a Columbus-based provider of ITSM, PPM and iPaaS software, while existing investor K1 Investment Management exited but rolled a material portion of proceeds back into the business and will remain a significant equity holder. The recapitalization is intended to provide growth capital to accelerate product innovation and expand TeamDynamix's market share across industries such as financial services, healthcare and the public sector.

Incline Equity Partners Invests in Icreon

November 3, 2022

IT Services

Pittsburgh-based private equity firm Incline Equity Partners announced an investment in Icreon, a New York–based digital transformation agency. The partnership will support Icreon’s growth plans, including capability expansion, go-to-market investment and potential strategic acquisitions to deepen service offerings for enterprise and mid-market clients.

Greenbelt Capital Leads Growth Investment in ION Solar

March 8, 2022

Renewable Energy

Greenbelt Capital Partners led a growth investment in ION Solar alongside Trilantic (Trilantic Energy Partners II North America), Blackstone Credit and Energy Impact Partners. ION Solar founders will retain majority ownership as the company uses the capital to expand geographically and into adjacent residential energy products such as storage and EV charging.

ION Group Acquires DASH Financial Technologies

June 2, 2021

Financial Services

ION Group has acquired DASH Financial Technologies from Flexpoint Ford, adding DASH's options technology and execution capabilities to the ION Markets division. The deal, which closed following regulatory approvals, expands ION's trading automation and execution offerings for buy-side and sell-side clients.

Broadway Technology Acquires Barracuda FX

April 3, 2019

Software

Long Ridge-backed Broadway Technology has acquired Barracuda FX, an Irish provider of FX order management technology, to expand Broadway’s multi-asset trading and OMS capabilities. As part of the deal Barracuda FX leadership—CEO Kieran Fitzpatrick and COO Maurice Curran—will join Broadway to lead FX product and operations, accelerating product capability expansion and cross-selling to a combined client base that includes many of the world’s largest banks.

BV Investment Partners Recapitalizes Intelliteach

February 1, 2019

IT Services

BV Investment Partners partnered with Intelliteach management to recapitalize Intelliteach, acquiring the company from Dominus Capital, L.P. Intelliteach is a St. Louis–headquartered provider of tech-enabled business process outsourcing and managed IT/financial services for law and accounting firms; BV said it will support the company’s organic growth and M&A strategy to expand services and scale the business.