Acquisitions in New Hampshire in 2019

Makers Forward, LLC acquired the assets of New Hampshire Industries, Inc. and Phoenix Distribution and consolidated operations into NHI Mechanical Motion, LLC. The acquisition preserves existing management and employees and aims to strengthen the company's manufacturing and distribution capabilities serving outdoor power equipment, material handling, agricultural and other industrial end markets.

Zywave, the Milwaukee-based insurtech provider, acquired miEdge, a Bedford, New Hampshire data and lead-generation provider for the insurance industry. The acquisition integrates miEdge's prospecting database and analytics into Zywave's Product Cloud Portfolios to expand Zywave's data capabilities and prospecting offerings for insurance agencies and carriers.

Gowanda Components Group (GCG) has acquired RCD Components, a Manchester, New Hampshire-based manufacturer of resistors, capacitors, coils and delay lines serving commercial, military and aerospace markets. The deal expands GCG's passive component product breadth and manufacturing capabilities; terms were not disclosed and RCD will continue operating from its Manchester facility with additional support sites in the Caribbean and Asia.

Pine Tree Equity IV, LP recapitalized Shortridge Academy Ltd in October 2019, partnering with the company's founding entrepreneur. The recapitalization will support Shortridge's geographic expansion and enable pursuit of complementary add-on acquisitions as a platform investment.

Alera Group acquired Landmark Benefits, Inc., an employee benefits broker based in Windham, New Hampshire, effective July 1, 2019; terms were not disclosed. The deal expands Alera's presence and capabilities in New England by adding Landmark's benefits, HR consulting, compliance and wellness services and team.

StepStone has acquired a majority stake in Appcast, a U.S.-based programmatic job advertising and recruitment ad tech provider. The acquisition brings Appcast’s Clickcast SaaS platform and programmatic capabilities into StepStone’s global job-board and recruitment technology portfolio, and follows prior investment in Appcast by Baird Capital.

E-Technologies Group, a portfolio company of Falfurrias Capital Partners, has acquired Superior Controls Inc., a Seabrook, New Hampshire-based systems integrator serving the biotechnology and pharmaceutical sectors. The add-on expands ETech's national automation and engineering capabilities and geographic reach, adding Superior's ~135 engineers and life-sciences regulatory expertise to ETech's platform.

symplr, a Clearlake- and SkyKnight-backed healthcare governance, risk & compliance (GRC) SaaS platform, has acquired IntelliSoft Group. The deal adds IntelliSoft's provider credentialing software and NCQA-certified Credentials Verification Organization (CVO) services to symplr's platform as an add-on to expand capabilities for healthcare providers and payers.

Centre Partners has acquired a majority interest in One World Fitness, a Planet Fitness franchisee that owns and operates 18 clubs primarily in the Philadelphia and New Jersey markets. Founder Bill Fidler and key management invested alongside Centre; financial terms were not disclosed. Centre plans to accelerate growth and club development from the company's Windham, New Hampshire headquarters, where One World Fitness employs over 250 club and support staff.

VirTex Enterprises, an EMS platform affiliate of Insight Equity, has acquired Circuit Technology LLC (Cirtech), a Merrimack, New Hampshire-based electronics manufacturing services company, from its founders. The add-on expands VirTex's geographic reach into the northeast aerospace and defense corridor and brings flex-board production and additional high-reliability manufacturing capabilities to the VirTex platform.

Victor Capital Partners, alongside longtime CPG executive Gary A. Kiedaisch, recapitalized Tender Corporation, a Littleton, New Hampshire-based maker of consumer outdoor and first-aid products. Prospect Partners sold its interest in Tender; financing was provided by Deerpath Capital Management and financial terms were not disclosed. Jason Cartwright remains CEO and Kiedaisch joins as Chairman to support accelerated growth and market expansion.

GI Partners, a San Francisco-based private equity firm, has acquired Single Digits Inc., a Bedford, New Hampshire provider of managed wireless network solutions and broadband authentication software. As part of the transaction Bregal Sagemount will exit its investment; GI Partners said it intends to grow Single Digits organically and through acquisitions to expand services and scale the business.