Caltius Structured Capital Provides Debt & Equity to IT Convergence in Management Buyout
October 21, 2022
Caltius Structured Capital provided debt and equity financing to support a management buyout of Dallas-based IT Convergence, partnering with CEO Arvind Sharma and other management co-investors. The capital package will facilitate the ownership transition and support IT Convergence's plans to scale its Oracle-focused enterprise applications, cloud migration and managed services business.
- Buyers
- Caltius Structured Capital, Arvind Sharma and other management co-investors
- Targets
- IT Convergence Inc.
- Industry
- IT Services
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Caltius Structured Capital Makes Debt and Equity Investment in AspireHR
June 21, 2023
IT Services
Caltius Structured Capital provided a debt and minority/structured equity investment in AspireHR to support the HCM firm’s growth and product innovation. AspireHR is a Dallas-based Human Capital Management implementation, software and managed-services provider with longstanding partnerships with SAP SuccessFactors and Workforce Software.
-
Caltius Structured Capital Backs Management Buyout of Adrenaline, LLC from NewGround International
November 6, 2018
Marketing & Advertising
Caltius Structured Capital provided subordinated debt, preferred equity and common equity to support a management buyout of Adrenaline, LLC from NewGround International, co-investing alongside Adrenaline’s senior management team. Adrenaline, an Atlanta-based experience-design and brand strategy firm serving banks, credit unions and retail clients, completed the transaction to secure liquidity and support growth and independence.
-
Caltius Structured Capital Provides Debt and Equity Investment in Kognitiv, Inc.
November 8, 2022
IT Services
Caltius Structured Capital completed a debt and equity investment in Kognitiv, Inc. to provide growth capital and fund a shareholder dividend. Kognitiv, a Newton, Massachusetts–based Workday consulting and managed-services provider with a proprietary scheduling tool (Rooster) and more than 150 consultants, will use the capital to scale its services and software platform.
-
Caltius Structured Capital Provides Growth Capital to Spinnaker Support
July 16, 2019
IT Services
Caltius Structured Capital provided a subordinated debt and equity structured capital investment to Denver-based Spinnaker Support to fund continued growth, portfolio expansion and geographic reach. Spinnaker Support is a provider of third-party support and managed services for Oracle and SAP enterprise software, and the financing will support organic growth and strategic acquisitions.
-
Caltius Structured Capital Invests in Salas O'Brien
October 20, 2020
Engineering Services
Caltius Structured Capital closed a growth capital investment in Santa Ana–based Salas O'Brien to support the firm's national expansion through strategic mergers and organic growth. The structured financing (including junior debt and minority equity) is intended to preserve employee ownership while fueling Salas O'Brien's growth across its facility engineering, construction management, technology and commissioning services.
-
Caltius Structured Capital Provides Debt and Equity to Strategic Kids
April 23, 2025
Education
Caltius Structured Capital (Caltius Capital Management) closed a debt and equity investment in Laguna Hills-based Strategic Kids, a provider of after-school enrichment programs and school staffing services. The financing will support the company's growth and geographic expansion into new schools and districts; Caltius principals Graham Brockington and Andy Morrow will join Strategic Kids' leadership team while co-founder Adam Brody remains President.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.