Peloton Capital Management Takes Minority Stake in Starfish Specialty Insurance

Peloton Capital Management Invests in Trilogy Financial Services

March 7, 2024

Wealth Management

Peloton Capital Management, a Toronto-based private equity firm, made a strategic minority investment in Trilogy Financial Services, an Irvine, California-based wealth management and financial planning firm. Trilogy's founder Jeff Motske remains majority shareholder and CEO; the capital will be used to accelerate Trilogy's M&A strategy, organic growth, and expand client/advisor services. Concurrently, Trilogy completed acquisitions of Flagship Wealth Management and Horizon Wealth Management, bringing Trilogy to approximately $4.0 billion in AUM.

Peloton Capital Management Makes Strategic Minority Investment in Lakefield Veterinary Group

July 15, 2024

Healthcare Services

Peloton Capital Management, a Toronto-based private investment firm, has made a strategic minority investment in Lakefield Veterinary Group to support the company's disciplined M&A strategy and next phase of growth. Lakefield, a family-owned multi-site veterinary hospital operator with over 70 locations, will remain majority-owned by the Desmarais family and will use the partnership to expand its regional footprint and service offerings.

StarFish Medical Acquires Omnica Corporation

November 4, 2024

Medical Devices

StarFish Medical, a North American medical device development firm, has acquired Omnica Corporation, a 40-year-old medical device design and engineering company based in Irvine, California. The acquisition expands StarFish's West Coast footprint and adds Omnica's prototyping, engineering and regulatory capabilities while retaining Omnica's existing team.

Persistent Systems Acquires Starfish Associates

July 3, 2024

Software

Persistent Systems acquired New Jersey–based Starfish Associates to expand its AI-driven contact center and unified communications capabilities. The deal (reported at approximately $20.7 million) brings Starfish’s enterprise communications automation platform and integration expertise into Persistent’s digital engineering and AI automation offering to better serve large enterprise clients and Fortune 500 customers.

Bregal Sagemount and FTV Capital Make Strategic Growth Investment in Neptune Flood

May 11, 2023

Financial Services

Bregal Sagemount and FTV Capital acquired a substantial minority stake in Neptune Flood, a St. Petersburg-based digital insurtech that provides private flood insurance and has insured over 150,000 homeowners, renters, and businesses. The growth investment (financial terms undisclosed) will help Neptune accelerate customer expansion and further develop its AI-driven Triton risk platform while Neptune's CEO and management retain majority ownership.

Peloton Capital Management Invests in Victoria Park Medispa

May 31, 2022

Healthcare Services

Peloton Capital Management has entered an investment partnership with Victoria Park Medispa, a Canadian network of physician-led medical aesthetics clinics. The capital will support Victoria Park’s continued national expansion and organic growth; financial terms were not disclosed.