Solace Capital Partners Invests in Siprocal

Francisco Partners Provides $60M Growth Investment to Reciprocity

September 8, 2022

Cybersecurity

Reciprocity, a provider of cyber risk and compliance software built around its ROAR platform, has closed a $60 million strategic growth investment from Francisco Partners. The capital will be used to accelerate product innovation and expand go-to-market activities to serve CISOs and business leaders.

Cohere Capital Makes Strategic Growth Investment in iPromote

July 20, 2021

Marketing & Advertising

Cohere Capital, a Boston-based private equity firm, made a strategic growth investment in iPromote, an omni-channel digital advertising platform based in San Luis Obispo, California. The capital will support product enhancements and deeper penetration of the underserved SMB digital advertising market through additional channel and agency partnerships.

IK Partners Invests in Pr0ph3cy Group to Back French Cybersecurity Leader

October 28, 2021

Cybersecurity

IK Partners' Development Capital team has agreed to acquire a significant minority stake in Pr0ph3cy Group, a newly formed French cybersecurity group created from the merger of consulting firm Silicom and e-learning SaaS platform Seela. The investment will support Pr0ph3cy's organic growth (including hiring >100 people), technology development (AI-enabled SOC and SIEM capabilities) and targeted acquisitions to expand its footprint in France, Europe and Canada while founder Arthur Bataille retains control.

Sidereal Capital Leads Recapitalization of Palmetto Adhesives

February 28, 2023

Manufacturing

Sidereal Capital Group led a recapitalization of Palmetto Adhesives Company, LLC, partnering with the company's senior management while Parkway Capital, Spring Capital Partners, Route 2 Capital Partners, and MPowered Capital provided subordinated debt and equity support. Palmetto Adhesives, a Greenville, South Carolina–based manufacturer and distributor of hot melt and water-based adhesives with additional facilities in New Jersey and California, will use the capital to support growth and expansion initiatives.

Providence Strategic Growth Acquires Majority Stake in Sympa

August 25, 2020

Cloud & SaaS

Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, completed a majority investment in Sympa, a Nordic cloud-based human capital management (HCM) software provider. Alfvén & Didrikson will retain a minority stake alongside Sympa's founding team; proceeds will support product innovation, strategic M&A and international expansion across Europe.

Capitala Group Invests in Proactive Dealer Solutions

February 9, 2021

Professional Services

Capitala Group has made a growth investment in Proactive Dealer Solutions, a Huntersville, North Carolina-based provider of lead management, BDC and conversion services for automotive, RV, marine and powersports dealerships. The partnership will provide capital and strategic support to help Proactive scale its people, process and technology offerings across the dealership channel.