Recap Financial Ventures Acquires Majority Interest in Lineage Financial Network (Lineage Bank)

KMF Investments Recapitalizes Lineus Medical

June 1, 2026

Medical Devices

Lineus Medical, developer of the SafeBreak Vascular breakaway IV device, completed a strategic recapitalization with KMF Investments. The transaction, finalized at the start of 2026, establishes KMF as a stable financial backer and provides resources to accelerate SafeBreak Vascular adoption and growth in the United States.

Western Trail Capital Acquires CashLine Solutions, LLC

February 23, 2026

Professional Services

Western Trail Capital acquired CashLine Solutions, LLC, a Houston-based financial and management consulting firm focused on improving businesses’ cash flow through order-to-cash optimization. The acquisition closed on February 23, 2026.

Bain Capital to Acquire 9.9% Stake in Lincoln Financial for $825 Million

April 9, 2025

Financial Services

Bain Capital will acquire a 9.9% equity stake in Lincoln Financial (via Lincoln National Corporation) for $825 million in an all-cash transaction. The parties also agreed to a 10-year, non-exclusive strategic investment management relationship, with Bain becoming an investment manager across multiple asset classes to provide growth capital and value creation support.

Aflac Global Investments Acquires 40% Stake in Tree Line Capital Partners

May 16, 2024

Financial Services

Aflac Global Investments (AGI) agreed to acquire a 40% stake in San Francisco-based private credit manager Tree Line Capital Partners and will make a multiyear commitment to allocate a portion of its annual investable cashflow to the firm. Tree Line — which manages approximately $2.7 billion and specializes in direct lending to the lower middle market — will retain investment and operational autonomy with its existing leadership continuing to run the business.

Frontenac Recapitalizes Zipline Logistics

October 3, 2022

Logistics & Distribution

Chicago-based private equity firm Frontenac has completed a recapitalization of Zipline Logistics to accelerate organic growth initiatives and pursue strategic acquisitions. Zipline's management team will remain in place and retain a significant ownership stake; industry veteran Don Maltby is joining the board to support growth in the consumer-packaged goods logistics market.

Lineage Financial Network Acquires Sumner Bank & Trust and Citizens Bank & Trust Company

February 25, 2020

Financial Services

Lineage Financial Network, Inc. signed separate merger agreements to acquire Sumner Bank & Trust (Gallatin, Tenn.) and Citizens Bank & Trust Company (Atwood, Tenn.), with Citizens' parent Bumpushares, Inc. also merging into Lineage. Upon closing (expected Q2 2020, subject to approvals), both banks will operate as separately managed, wholly-owned subsidiaries of Lineage while retaining their local names and staffs and gaining Lineage's technology and capital to support growth.