Stellex Capital Acquires G2 Web Services, Lundquist Consulting and Fintellix from TransUnion

Stellex Capital Management Acquires Industrial Construction Services Holding (ICS)

January 15, 2025

Industrial Services

Stellex Capital Management, a New York-based middle-market private equity firm, has completed the acquisition of Industrial Construction Services Holding (ICS), a provider of mission-critical electrical and instrumentation services. Stellex plans to partner with ICS management to invest in organic growth and pursue strategic add-on acquisitions to expand the company’s service capabilities and geographic footprint across the United States.

Stellex Capital and Communify Acquire Fincentric from S&P Global

August 15, 2024

Data & Analytics

Stellex Capital Management, in partnership with Communify, has acquired Fincentric (formerly Markit On Demand/Markit Digital) from S&P Global. The deal is a divestiture by S&P Global; financial terms were not disclosed and local closings are expected to complete across certain jurisdictions through 2024 into H1 2025.

South Street Securities Holdings Acquires GX2 Systems

August 1, 2023

Financial Services

South Street Securities Holdings, Inc. acquired all equity interests in GX2 Systems, LLC, including its wholly owned broker-dealer GX2 Spread Markets, LLC, to expand its technology-enabled U.S. Treasury execution, market making and analytics capabilities. GX2 will continue operating from its Chicago office while integrating trading and broker-dealer operations into South Street's New York platform; GX2 leadership (David Jaberg) will join South Street's executive team following regulatory approvals and subsequent broker-dealer consolidation.

Transglobal Services Acquires Gullett & Associates

December 7, 2021

Industrial Services

Transglobal Services, LLC, a Fort Worth-based infrastructure services company and portfolio company of Linx Partners, has acquired Gullett & Associates, Inc., a Houston-based infrastructure services provider founded in 1972. The acquisition expands Transglobal's turnkey asset life-cycle capabilities and Gulf Coast presence to better serve energy, electric utility, and renewable energy customers.

Stellex Capital Management Acquires Go To Logistics from HCI Equity Partners

May 17, 2021

Logistics & Distribution

Stellex Capital Management acquired Go To Logistics from HCI Equity Partners on May 4, 2021; financial terms were not disclosed. Go To Logistics, headquartered near Chicago in Northlake, Illinois, is a regional transportation and logistics provider focused on freight consolidation and less‑than‑truckload (LTL) services with a strong food and beverage customer base.

Linx Fund III Recapitalizes Transglobal Services

April 30, 2019

Energy

Linx Partners (Linx Fund III) completed a recapitalization of Transglobal Services, a Fort Worth-based provider of surveying, land acquisition, GIS, environmental permitting and right-of-way services to the energy pipeline infrastructure market. Founders John Ratliff and Jeff Colwell remain in their roles and retain significant ownership; Cadence Bank provided senior financing to support the transaction.