365 Retail Markets Acquires Stockwell

Providence Equity Partners Acquires Majority Stake in 365 Retail Markets

December 24, 2020

Cloud & SaaS

Providence Equity Partners has made a majority investment in 365 Retail Markets, a Troy, Michigan-based provider of self-service commerce technology for the foodservice industry. Providence will partner with existing investor McCarthy Capital and the company's management team to support product development, customer services, and accelerated growth while CEO Joe Hessling remains a significant shareholder.

Logicbroker Acquires Virtualstock

October 7, 2025

E-Commerce

Logicbroker has acquired UK-based Virtualstock to expand its dropship and curated marketplace capabilities and create a larger global multi-party commerce network. The deal adds Virtualstock’s supplier network (processing over 8 million orders annually and £2 billion+ GMV) and customers such as Aldi, Argos and John Lewis, enhancing Logicbroker’s ability to serve enterprise retailers worldwide.

Strattam Capital Makes Majority Growth Investment in NETSTOCK

October 14, 2020

Cloud & SaaS

Strattam Capital completed a majority growth investment in NETSTOCK, a cloud-based inventory planning and optimization software provider, to accelerate the company’s expansion in North America. NETSTOCK’s founders remain significant owners, Tony Sinton will continue as CEO, and the platform serves over 1,600 customers across distribution, manufacturing and retail.

BlackHawk Industrial Acquires Stock'd Supply

April 10, 2023

Industrial Services

BlackHawk Industrial, a portfolio company of TruArc Partners, has acquired Stock'd Supply, a Chattanooga-based distributor of fasteners and value-added industrial services. The add-on expands BlackHawk's national footprint with Stock'd's nine locations and ~101 employees, enhancing its technical services, VMI and supply-chain capabilities; financial terms were not disclosed.

365 Retail Markets Acquires Impulsify, Inc.

May 23, 2024

Cloud & SaaS

365 Retail Markets has acquired Denver-based Impulsify, Inc., adding the company's grab-and-go retail management system and self-service kiosks to 365's suite of unattended retail technologies. The deal expands 365's reach into the hospitality and multifamily markets and combines complementary SaaS, payment processing and POS hardware capabilities to accelerate growth across new end markets.

Wellspring Capital Management Acquires Steele Solutions, Inc.

June 4, 2020

Manufacturing

Wellspring Capital Management closed its acquisition of Steele Solutions, Inc. on May 29, 2020. The New York-based private equity firm acquired the Milwaukee-headquartered designer and manufacturer of structural steel platforms and mezzanines to support growth and capitalize on long-term e-commerce and warehouse automation trends; financial terms were not disclosed.