Phoenix Innovate Acquires The Lukens Company

Crosslake Technologies Acquires Lucen Partners

May 28, 2025

Consulting

Crosslake Technologies, a data-driven technology advisory firm backed by Falfurrias Management Partners, has acquired Lucen Partners, a boutique product and software advisory firm. Lucen co-founders Manoj Narayanan and Cynthia Williamson join Crosslake as managing directors to expand Crosslake's product and software value-creation capabilities; terms were not disclosed.

Nova Advisory Acquires TLC Technologies

May 14, 2025

IT Services

Nova Advisory, a OneStream Diamond Partner and portfolio company of Century Park Capital Partners, has acquired TLC Technologies, a Platinum OneStream implementation partner based in Bethlehem, Pennsylvania. The deal expands Nova's delivery capacity (bringing the combined team to over 20 OneStream-certified architects), broadens its geographic footprint across North America, and integrates TLC's proprietary NorthStar planning solution into Nova's offerings.

Enlightenment Capital-backed iNovex Acquires Innoplex

May 19, 2023

Cybersecurity

Enlightenment Capital-backed iNovex has acquired Innoplex, combining two long-standing intelligence-focused software and cybersecurity services firms. The deal creates a middle‑market intelligence and cybersecurity platform with more than 1,000 employees and roughly $2 billion in recent prime contract awards; Innoplex president Chris Hawthorne will serve as president of the combined company under iNovex leadership.

The Lynx Group Acquires Upstream Partners

August 13, 2020

Healthcare Services

The Lynx Group has acquired Upstream Partners to form a new division focused on providing pharmaceutical and biotech clients with market-informed insights across product life cycles. The acquisition combines TLG's channels and ecosystems with Upstream Partners' relationships with key opinion leaders to enhance pre- and post-market strategy, launch readiness, and lifecycle management—particularly in oncology.

Lock Trust, Inc. Acquires Advisor TLC

November 19, 2019

Payments & Fintech

Lock Trust, Inc. acquired Phoenix-based video platform Advisor TLC to integrate One-Click Video marketing capabilities into its payments and banking technology. The acquisition is intended to add automated video marketing within Lock Trust’s payment engine to drive growth in the small-to-medium merchant market; Advisor TLC co-founder Andrew Spaulding joins the Lock Trust team.

Lincolnshire Management Acquires Phoenix Brands LLC

May 20, 2016

Consumer Products

Lincolnshire Management purchased Phoenix Brands LLC, a Stamford, Connecticut-based maker of laundry detergents (brands including Ajax, Dynamo and Fab), from Trilantic Capital Partners for about $145 million in late 2010. The deal included Phoenix’s brands, manufacturing and logistics assets; Phoenix had roughly $130 million in revenue and product distribution in about 40 countries at the time.