Advent International Acquires Transaction Services Group from Calera Capital

Transportation Insight Acquires The Transportation Specialist's Group (TSG)

September 25, 2019

Transportation

Transportation Insight, a Gryphon Investors-backed enterprise logistics provider, has acquired The Transportation Specialist's Group (TSG) to strengthen its enterprise logistics leadership and expand its service offering. The deal preserves TSG's Atlanta-area office and leadership engagement to ensure continuity while integrating TSG's technology-enabled transportation management capabilities into Transportation Insight's platform.

Advent International Acquires Zingfit and Triib to Grow TSG Boutique Fitness Platform

February 7, 2020

Cloud & SaaS

Advent International has acquired Zingfit and Triib and will fold both companies into its portfolio company Transaction Services Group (TSG). The deal expands TSG's boutique fitness software capabilities—adding scheduling, commerce, member engagement and gym-management functionality—and furthers Advent's strategy of building a global software platform for the boutique fitness sector.

TSG Acquires Adaptive Analytics

February 11, 2021

Data & Analytics

TSG, an Advent portfolio company and provider of business management software for boutique fitness, has acquired Adaptive Analytics LLC, a provider of data reporting and visualization tools for the health, wellbeing and fitness sectors. TSG will integrate Adaptive Analytics' Intelli-hub reporting and analytics capabilities into its Mariana Tek studio management platform to deepen its offering for boutique fitness studios and franchise groups.

Alfresco Acquires Technology Services Group (TSG)

March 17, 2020

Software

Alfresco Software has acquired Technology Services Group (TSG), a Chicago-based enterprise content management software and services firm. The acquisition brings TSG's 45 engineering and solutions staff, no-code content/case management tools, and deep Alfresco platform expertise to Alfresco's digital business platform; terms were not disclosed.

Advent International to Acquire tbi bank

April 22, 2025

Financial Services

Advent International has signed a definitive agreement to acquire tbi bank, a tech-led challenger bank active in Southeast Europe. tbi serves over 2.4 million customers across Bulgaria, Romania and Greece, partners with more than 32,000 merchants and issued nearly 1,000,000 loans in 2024; the transaction is subject to customary regulatory approvals and terms were not disclosed.

TSG Acquires TrueCoach

April 27, 2020

Cloud & SaaS

TSG, an Advent International portfolio company, has acquired TrueCoach, a Boulder-based fitness coaching software provider that powers over 15,000 trainers worldwide. The acquisition is an add-on to TSG’s boutique fitness software portfolio and aims to expand digital fitness capabilities and international reach (United Kingdom, Australia, New Zealand) for TSG’s customers.