Presidio Investors Backs Formation of Bravas with $75M to Merge 15 Smart-Home Integrators

Bravas LLC Acquires Residential Systems, Inc. (RSI) to Launch Bravas Colorado

May 12, 2020

Electrical Services

Bravas LLC, a national luxury smart-home integrator based in Overland Park, Kansas, has acquired Residential Systems, Inc., a Denver-based home-technology firm. The business will operate as Bravas Colorado, expanding Bravas' footprint in the Rocky Mountain region as an add-on to its platform.

Volaris Group Acquires Hitachi ID Systems, Inc. (renamed Bravura Security)

September 13, 2022

Cybersecurity

Volaris Group has acquired Hitachi ID Systems, Inc., which will operate as Bravura Security and continue to deliver identity, privileged access, password and passwordless management solutions. The acquisition gives Volaris a foothold in the identity and privileged access management market and supports its strategy to build a broader cybersecurity portfolio.

Affiliates of Funds Advised by BC Partners Acquire Presidio, Inc.

December 19, 2019

IT Services

Affiliates of funds advised by BC Partners completed an all-cash acquisition of Presidio, Inc. for approximately $2.2 billion (including net debt), taking the company private and resulting in the delisting of Presidio’s common stock. BC Partners said the transaction will support Presidio’s growth initiatives and strategic investments to expand its digital infrastructure, cloud and security capabilities.

Bain Capital Private Equity Acquires Majority Stake in Brillio

January 15, 2019

IT Services

Bain Capital Private Equity has signed a definitive agreement to acquire a majority stake in Brillio, a Santa Clara-based digital technology consulting and solutions firm. The investment will support Brillio’s plans to scale its digital transformation offerings, pursue complementary acquisitions, and accelerate growth while retaining the existing management team led by CEO Raj Mamodia.

Vista Equity Partners Invests in SmartBear; Francisco Partners Remains Co-Owner

October 21, 2020

Software

SmartBear announced that Vista Equity Partners has made a significant investment and will join Francisco Partners as equal owners of the company. The capital infusion is intended to help SmartBear broaden and strengthen its DevOps and software quality solutions and to pursue continued organic and inorganic growth. SmartBear is headquartered in Somerville, Massachusetts and serves millions of developers across thousands of organizations.

Presidio Investors Acquires Majority Stake in Almaden

November 7, 2023

Marketing & Advertising

Presidio Investors purchased a majority stake in Almaden, a Santa Clara, California-based marketing supply chain services firm that provides promotional products, signage, print, packaging and direct marketing. Presidio said it will support Almaden's growth through geographic expansion, additional investments in the company's technology platform and pursuit of strategic acquisition opportunities.