New Heritage Capital Invests in DeWinter Group

New Heritage Capital Makes Majority Investment in Brilliant

September 19, 2024

Marketing & Advertising

New Heritage Capital has made a majority investment in Brilliant, a San Francisco–based provider of corporate gifting and branded merchandise, using its Private IPO structure to provide liquidity and growth capital while leaving operating control with Brilliant's management. Terms were not disclosed; the capital will be used to accelerate Brilliant's growth and scale its technology-enabled gifting and global fulfillment capabilities.

Heritage Growth Partners Recapitalizes CAB Worldwide

May 3, 2023

Manufacturing

Heritage Growth Partners LLC, a private family investment office, led a growth recapitalization of CAB Worldwide LLC in a transaction that included a senior secured debt facility from PNC Bank. The investment is intended to support CAB’s operations, expand capabilities, and fund future acquisitions, with Heritage Growth principals joining CAB’s board.

DeWinter Group Acquires Syrinx Consulting

October 17, 2022

Staffing & HR

DeWinter Group, a Silicon Valley-based staffing and recruitment firm backed by New Heritage Capital, has acquired Syrinx Consulting, a Greater Boston provider of high-end software development and technology staffing. The acquisition strengthens DeWinter's Maris Consulting Group, adds software development skillsets, and expands the combined firm's East Coast reach.

New Heritage Capital Invests in FMS Solutions

February 18, 2021

Cloud & SaaS

Boston-based private equity firm New Heritage Capital made a platform investment in FMS Solutions, a SaaS-based BPO provider serving independent grocers, using Heritage's Private IPO structure that lets FMS management retain operating control. The capital provides liquidity to founders and financial flexibility to accelerate growth of FMS' accounting, payroll and retail-oriented software and services.

New Heritage Capital Invests in Carnegie Dartlet

October 13, 2020

Marketing & Advertising

Boston-based private equity firm New Heritage Capital made a growth investment in Massachusetts-based Carnegie Dartlet, a provider of digital marketing, lead generation and research services to higher education institutions. The transaction provides liquidity and financial flexibility to the company while leaving operating control with the reinvesting founders to accelerate future growth.

New Heritage Capital Invests in Welcome Dairy

June 23, 2019

Food & Beverage

New Heritage Capital completed a minority recapitalization investment in Wisconsin-based Welcome Dairy Holdings, LLC, providing founders liquidity while leaving operating control with the reinvesting management team. Five Points Capital provided last-out unitranche term debt to support the transaction, which is intended to accelerate Welcome Dairy's growth by leveraging its R&D and manufacturing capabilities in dairy flavorings, cheese sauces, seasonings and functional cheese.