Argosy Private Equity Acquires Western Peaks Logistics

Argosy Private Equity Acquires Controlling Interest in Wize Solutions

December 14, 2023

Industrial Services

Argosy Private Equity has acquired a controlling interest in Wize Solutions, a Salt Lake City–based full-service warehouse racking, automation, and dock & door installation company. Argosy will deploy its Value Acceleration Methodology to expand sales and marketing, improve processes and technology, pursue strategic hiring, and evaluate add-on acquisitions to drive growth.

Argosy Private Equity Acquires Controlling Interest in Barco Products

August 8, 2023

Building Products

Argosy Private Equity acquired a controlling interest in Barco Products, a Batavia, Illinois-based designer, manufacturer and distributor of commercial outdoor site furnishings and traffic safety products. Argosy plans to execute its Value Acceleration Methodology to drive geographic expansion, evaluate add-on acquisitions, and coordinate sales and marketing initiatives to grow the business.

Argosy Private Equity Acquires Richwood Industries

April 20, 2023

Manufacturing

Argosy Private Equity acquired Richwood Industries, a Grand Rapids-based manufacturer and distributor of composite panels, plywood, PolyBak backers, and related millwork products. Argosy partnered with Guy Boitos of Stone River Capital Partners to support Richwood’s growth plan, focusing on expanding product offerings, distribution services, and strategic marketing and pricing initiatives.

Alta Equipment Group Acquires PeakLogix

June 2, 2020

Logistics & Distribution

Alta Equipment Group Inc. has signed a definitive agreement to acquire PeakLogix, a Midlothian, Virginia-based material handling systems integrator that designs and installs warehouse automation and storage systems. The acquisition expands Alta's materials handling capabilities and geographic footprint; PeakLogix generated about $25 million in revenue and $2 million in operating income in FY2019. Terms were not disclosed and the transaction is expected to close by the end of June, subject to customary conditions.

Argosy Private Equity Invests in Wittenbach Business Systems

April 22, 2021

Professional Services

Argosy Private Equity has invested in Wittenbach Business Systems, a Sparks, Maryland-based provider of cash management and electronic/physical security solutions for credit unions, financial institutions and retail customers. The investment (Argosy’s second in its sixth lower middle market fund) will support geographic expansion, pursue accretive acquisitions and accelerate growth initiatives.

Phoenix Equity Partners Acquires Majority Stake in Ava Global

August 17, 2021

Logistics & Distribution

Phoenix Equity Partners has exchanged contracts to acquire a majority stake in Ava Global Limited from parent company Ava Risk Group (ARG), investing alongside founders Chris Fergus and James Alston. The UK-based specialist secure-logistics provider will receive capital to invest in people, technology and offices to support continued rapid international growth and establishment as an independent business.