Clarion Capital Partners Invests in International Cybernetics to Launch TICC Infrastructure Testing Platform

NexusTek Acquires ICCS & Co.

May 16, 2023

IT Services

NexusTek has joined with New York City–based ICCS & Co., with A&M Capital Strategic Investments leading a substantial investment into the combined business and Abry Partners continuing to participate. The deal expands NexusTek's geographic presence in the U.S. Northeast and deepens its public/hybrid cloud and cybersecurity capabilities for clients across legal, financial, real estate and other verticals.

Mutual Capital Group / Mutual Capital Holdings Acquires ICC Holdings, Inc. for $73.8M

March 13, 2025

Insurance

Mutual Capital Holdings, a subsidiary of Mutual Capital Group, has closed its all-cash merger to acquire ICC Holdings, Inc., the parent of Illinois Casualty Company, for approximately $73.8 million. ICC Holdings will operate as an independent subsidiary under Mutual Capital, with Arron K. Sutherland remaining as President and CEO.

IK Partners Acquires Majority Stake in HSL Compliance

February 4, 2025

Environmental Services

IK Partners’ IK Small Cap III fund has agreed to acquire a majority stake in HSL Compliance, a UK environmental testing, inspection, certification and compliance (TICC) business, with the HSL management team reinvesting and LDC taking a minority reinvestment. The deal positions HSL to continue an aggressive buy-and-build strategy to expand services and coverage across the UK and Ireland; financial terms were not disclosed and the transaction is subject to regulatory approvals.

Service Express Acquires The ICC Group

September 7, 2021

IT Services

Service Express, a PE-backed global data center solutions provider, has acquired The ICC Group, a U.K.-based data center services and managed-services provider. The deal expands Service Express's U.K. presence and multivendor capabilities, combining The ICC Group's distribution network and technical team with Service Express's global platform (Service Express is a portfolio company of Harvest Partners).

Sentinel Capital Partners Acquires SPL from Industrial Growth Partners

April 8, 2022

Industrial Services

Sentinel Capital Partners has acquired SPL, a Houston-based testing, inspection, and certification (TIC) services provider for energy and environmental markets, in a transaction that closed April 7–8, 2022. The acquisition purchases SPL from Industrial Growth Partners (with management having been a prior co-investor) and positions SPL as a platform to accelerate organic growth and add-on acquisitions across energy, environmental, and international end markets.

TPC Wire & Cable Acquires Integrated Cable Systems, Inc.

February 18, 2021

Manufacturing

TPC Wire & Cable, a portfolio company of Audax Private Equity, has acquired Integrated Cable Systems, Inc. (ICS), an ISO 9001 certified manufacturer of custom cables, harnesses, electro-mechanical assemblies and industrial panels based in Longmont, Colorado. The acquisition is an add-on to TPC's newly formed Engineered Products Division to expand capabilities and product offerings into high-reliability end markets such as medical, semiconductor/test & measurement, aerospace and defense.