Generation Growth Capital Acquires Killer Instinct

Kinzie Capital Partners Acquires GT Golf Holdings, Inc.

January 12, 2023

Consumer Products

Chicago-based private equity firm Kinzie Capital Partners has acquired GT Golf Holdings, Inc., a Vista, California–based distributor of consumable golf products, in partnership with the company's management team. The transaction (terms undisclosed) transfers ownership from Hadley Capital to Kinzie and positions GT Golf to expand nationally while leveraging Kinzie's technology and operational resources.

Lead Edge Capital Acquires GrowthZone from Greenridge Growth Partners

May 16, 2023

Software

Lead Edge Capital has acquired GrowthZone, a Nisswa, Minnesota–based provider of association membership management software, from Greenridge Growth Partners. The transaction follows Greenridge’s 2019 investment that helped GrowthZone expand its product, add ~40 employees and nearly 1,000 customers; William Blair advised GrowthZone and Raymond James advised Lead Edge on the deal.

GTCR Acquires Majority Stake in Winged Keel Group

January 13, 2025

Wealth Management

GTCR, a leading private equity firm, announced a strategic investment to become the majority stakeholder in Winged Keel Group, an independent life insurance brokerage serving high- and ultra-high-net-worth clients, family offices and institutions. The capital will support Winged Keel's continued geographic expansion, technology and product development, and pursuit of growth initiatives including potential add-on acquisitions.

Live Ventures (via Precision Marshall) Acquires The Kinetic Co., Inc.

June 30, 2022

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE), through its subsidiary Precision Marshall, acquired all outstanding stock of The Kinetic Co., Inc., a 74-year-old industrial knife and wear-product manufacturer based in Greendale, Wisconsin, in a transaction valued at approximately $26 million. The deal was financed with a mix of third-party bank and seller debt, a sale-leaseback of real estate, and cash; Kinetic (≈100 employees) will operate as a standalone business and is expected to add roughly $20 million of annual revenue to Live Ventures' steel manufacturing segment.

IPG Photonics Acquires Innovative Laser Technologies from Generation Growth Capital for $40M

July 11, 2017

Medical Devices

IPG Photonics Corporation has acquired Innovative Laser Technologies, Inc. (ILT) from Generation Growth Capital Fund II, LP for $40 million in cash. ILT, a Minneapolis-based designer and manufacturer of high-precision laser systems for medical device OEMs, will expand IPG's ability to deliver turnkey laser systems and integrated solutions to the medical device market and other end-user industries.

IK Partners Makes Development Capital Investment in Kestrel Capital

May 29, 2025

Financial Services

IK Partners' IK Small Cap III fund has signed an agreement to invest in Dublin-headquartered wealth manager Kestrel Capital alongside the company's existing owners. The minority development-capital investment will support Kestrel's growth — expanding services, investing in operations and pursuing selective add-on acquisitions as the firm builds on its more than €1bn in assets under management.