Peterson Partners Provides Up to $50M Growth Investment in Dura Software

Peterson Invests in Black Mountain Software

July 5, 2022

Software

Peterson (Peterson Private Equity / Peterson Partners) has made a growth equity investment in Black Mountain Software, a Polson, Montana-based provider of government accounting, utility billing, and school district accounting software. The capital will be used to accelerate product expansion, innovation, and growth into new geographies, and Black Mountain has added Mike Fabrizio and Nate Quinn as co-CEOs to support that growth.

Peterson Partners Provides Growth Capital to Pupford

February 24, 2022

Consumer Products

Peterson Partners (Peterson Private Equity) has made a growth capital investment in Pupford, a Utah-based direct-to-consumer pet brand that offers training content, an app, and dog products including training treats. Founders Mike Steele (CEO) and Jake Young (COO) will remain in place, and several consumer/pet-industry executives co-invested; proceeds will be used to accelerate brand development, product-line expansion, channel growth, and strategic hiring.

Capitala Group Makes Growth Investment in Peterson Manufacturing

January 9, 2020

Manufacturing

Capitala Group has made a growth investment in Peterson Manufacturing, a Sarasota, Florida-based manufacturer of precision deep-drawn metal components serving the automotive, appliance, plumbing and gauge markets. The investment comes from Capitala's Growth Fund, will support Peterson's next phase of growth, and includes Capitala executives Adam Richeson and Joe Alala III joining Peterson's board.

Vista Equity Partners Invests $150M in OfficeSpace Software

January 25, 2022

Cloud & SaaS

Vista Equity Partners has made an approximately $150 million strategic growth investment in OfficeSpace Software, a cloud-based workplace management platform, while existing investor Resurgens Technology Partners remains a significant shareholder. The capital will support OfficeSpace's product and go-to-market expansion as companies continue to adopt hybrid workplace tools.

Dura Software Acquires Vertex Systems

December 31, 2020

Software

Dura Software, a San Antonio-based acquirer of hyper-niche software businesses, has acquired Vertex Systems, a Columbus, Ohio company that provides software for organizations serving adults with disabilities. The purchase expands Dura's footprint into the human-services/healthcare software market; Vertex will move its corporate headquarters to San Antonio while retaining its Columbus workforce.

MiddleGround Capital Acquires Dura Automotive Systems

May 5, 2020

Manufacturing

MiddleGround Capital has acquired a majority ownership stake in Dura Automotive Systems from Bardin Hill Investment Partners. The private equity firm plans to support Dura's growth as a platform to capitalize on automotive trends including electrification, lightweighting and advanced driver-assistance systems (ADAS).