University of Utah Partners With Otro Capital to Create Crimson Brand Partners

Brightstar Capital Partners Acquires 50% Stake in Arden University

July 30, 2025

Healthcare Services

Brightstar Capital Partners has signed a definitive agreement to acquire a 50% stake in Arden University. The deal is being done in partnership with Global University Systems (GUS), Arden’s current owner, and aims to scale Arden’s international reach and digital innovation, including embedding AI.

Rubicon Technology Partners Acquires Majority Stake in CollegeNET

March 4, 2025

Software

Rubicon Technology Partners has made a majority investment in CollegeNET, a Portland-based provider of higher-education software, to accelerate growth and drive continued product innovation. Founder Jim Wolfston will remain CEO and a significant shareholder; financial terms were not disclosed.

CVC Capital Partners Invests in URUS Group

June 10, 2024

Agriculture

CVC Capital Partners (Fund IX) will take a minority stake in URUS Group to support and accelerate the company’s strategic growth plan. The investment — made alongside existing shareholders Pon Holdings and Cooperative Resources International (CRI) — will help URUS expand its genetics, reproduction and farm management data platform; the deal is expected to close in Q3 2024 and terms were not disclosed.

underdog & company (backed by NewSpring Holdings) Acquires Altius Sports Partners

November 6, 2023

Marketing & Advertising

underdog & company, a NewSpring Holdings‑backed marketing and brand experience firm, has acquired Altius Sports Partners, a collegiate athletics advisory and NIL services provider. Playfly Sports sold its minority stake as part of the deal; the acquisition is positioned as an add‑on to underdog's growing platform to expand capabilities across college athletics, NIL programs, and brand campaigns.

CIVC Partners Invests in OTR Transportation

August 31, 2022

Logistics & Distribution

Chicago-based private equity firm CIVC Partners has made a growth investment in OTR Transportation, a Chicago-headquartered technology-enabled freight broker, in partnership with founder and CEO Jon Braun. The deal leaves the OTR management team in place (Braun retaining a significant stake) and will support accelerated organic growth and pursuit of strategic acquisitions; Dan Para is participating as a co-investor and will join OTR's board.

Argonaut Private Equity Acquires Crimson Steel Supply

August 4, 2021

Manufacturing

Argonaut Private Equity, a Tulsa-based private equity firm, announced the acquisition of Oklahoma-based Crimson Steel Supply, a rebar fabricator and structural steel supplier headquartered in Tulsa, Oklahoma. The partnership will leverage Crimson Steel's supplier and customer relationships to support growing infrastructure and highway/roadway construction demand nationwide.