Pegasus Acquires iskills to Support New Zealand Expansion

Akima Acquires Pinnacle Solutions

July 3, 2023

Aerospace & Defense

Akima has completed the acquisition of Pinnacle Solutions, a Huntsville-based provider of aviation operations, flight training, simulation and sustainment services, bringing approximately 500 employees into the Akima family. The purchase expands Akima's aviation and training capabilities in the defense and aerospace markets and Pinnacle will operate as a wholly owned subsidiary under its existing leadership.

Skill and You (backed by IK Partners) Acquires ICS Learn from Primary Capital Partners

March 21, 2022

Education

Skill and You, a France-based vocational e-learning provider backed by IK Partners, has acquired UK online professional education platform ICS Learn from Primary Capital Partners. The deal, terms undisclosed, positions Skill and You to enter and expand across the UK and broader European professional and vocational training markets while ICS Learn's management and brand remain in place.

Avetta Acquires Pegasus (Australia)

May 7, 2021

Cloud & SaaS

Avetta, a Utah-based supply chain risk management software provider, has agreed to acquire Pegasus, a Newcastle, Australia-based worker competency management software company. The deal combines Avetta's global supplier risk platform with Pegasus's workforce competency and learning management capabilities and establishes Pegasus as Avetta's base of operations in Australia.

IK Investment Partners Acquires Majority Stake in Skill & You

February 4, 2021

Education

IK Investment Partners (IK IX Fund) has entered into an exclusivity agreement to acquire the majority stake in French vocational e-learning provider Skill & You from Andera Partners. Management (led by Eric Petco and Sonia Levy-Odier) will co-invest alongside IK to support accelerated international expansion, strengthen B2G/B2B capabilities and continue product and platform investment; Skill & You reported ~€115m revenue in 2020, ~120,000 students and ~850 employees.

Pegasus Acquires Compliance Fox

July 22, 2020

Software

Newcastle-based workforce competency platform Pegasus has acquired Compliance Fox, a Newcastle software start-up that provides SME-focused workforce compliance and contractor management tools. The deal is Pegasus' first acquisition following a growth investment from Accel-KKR and is intended to expand Pegasus' platform capabilities to better support SME subcontractors and extend its workforce competency network.

Kodiak Gas Services (EQT) Acquires Pegasus Optimization Managers from Apollo

September 25, 2019

Oil & Gas

EQT Infrastructure portfolio company Kodiak Gas Services has signed a definitive agreement to acquire Pegasus Optimization Managers from affiliates of Apollo Natural Resource Partners II. The deal combines two fast-growing contract compression businesses — creating a leading U.S. contract compression platform with more than 2,500,000 revenue-generating horsepower; the transaction is expected to close in Q4 2019 and financial terms were not disclosed.