Tracked deals
7
7 tracked deals across 2020-2023.
Private Equity Firm
Business Services
ParkSouth Ventures
Charlotte, North Carolina, United States
ParkSouth Ventures is a growth-oriented private investment firm focused on investing in and partnering with founder- and entrepreneur-owned businesses in the United States, including organic and acquisition-led growth initiatives. The firm describes itself as hands-on and invests alongside experienced management teams.
- Focus Areas
- Private equity / growth investing, Business services investing, Managed IT services
- Website
- parksouthventures.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
5 addon · 1 growth capital · 1 recapitalization
ParkSouth Ventures Acquisition Volume by Year
Last 4 years
Supporting Data
Recent Transactions
-
August 23, 2023
- Buyer
- The Purple Guys, Kian Capital, ParkSouth Ventures
- Target
- Advantex, Herrod Technology
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
The Purple Guys, a Kian Capital- and ParkSouth Ventures-backed managed IT services platform, completed add-on acquisitions of Texas-based managed service providers Advantex and Herrod Technology. The deals expand The Purple Guys' presence and service capabilities across key Texas markets — marking a strategic entry into Houston and increased density across the Dallas/Fort Worth metroplex.
-
- Buyer
- ParkSouth Ventures, Gemini Investors
- Target
- Bear Group, LLC
- Industry
- IT Services
- Location
- Washington, United States
- Type
- Growth capital
ParkSouth Ventures, in partnership with Gemini Investors, made a strategic growth investment in Bear Group to accelerate the company's organic expansion and support acquisition-led growth. Bear Group is a Seattle-based provider of website and e-commerce development solutions (Adobe Commerce, Shopify, Drupal) founded in 2007 with roughly 30 employees; financial terms were not disclosed.
-
May 10, 2022
- Buyer
- The Purple Guys, Kian Capital, ParkSouth Ventures
- Target
- Accelerate, Inc.
- Seller
- Accelerate, Inc., Tony Schafer (Founder)
- Industry
- IT Services
- Location
- Indiana, United States
- Type
- Addon
The Purple Guys, a Kian Capital-backed managed IT services platform, acquired Accelerate, an Indianapolis-based managed services provider. The add-on expands The Purple Guys' footprint in the Central U.S. and brings Accelerate’s ~20-person team and capabilities in cloud services and cybersecurity into the platform.
-
January 20, 2022
- Buyer
- The Purple Guys, Kian Capital, ParkSouth Ventures
- Target
- Technology Pointe
- Industry
- IT Services
- Location
- Texas, United States
- Type
- Addon
Kian Capital-backed The Purple Guys has acquired Technology Pointe, an Austin- and Dallas-based managed IT services provider. The add-on expands The Purple Guys' footprint into Texas, adds scale and capabilities to its managed IT solutions for small and mid-sized businesses, and brings roughly 20 Technology Pointe employees into the platform.
-
June 8, 2021
- Buyer
- ECS / My IT, Kian Capital, ParkSouth Ventures
- Target
- Network Technologies (Network Tech)
- Seller
- Tim Wayland, Tom Chisholm
- Industry
- IT Services
- Location
- Kansas, United States
- Type
- Addon
ECS / My IT completed an add-on acquisition of Network Technologies, a Kansas City–based managed services provider with ~30 employees, expanding ECS / My IT's presence in Kansas City and the broader Midwest. The deal, announced June 8, 2021, follows ECS / My IT's partnership with investors Kian Capital and ParkSouth Ventures and strengthens the platform's capabilities—particularly in the financial services vertical.
-
April 20, 2021
- Buyer
- ECS / My IT, Kian Capital Partners, ParkSouth Ventures
- Target
- The Purple Guys
- Industry
- IT Services
- Location
- Kansas, United States
- Type
- Addon
ECS / My IT, a PE-backed managed services platform, completed the add-on acquisition of The Purple Guys, a Kansas City-based managed service provider. The deal expands ECS / My IT's geographic presence into Kansas City and the broader Midwest, adding TPG's ~35 employees and 175+ clients to the combined organization.
-
- Buyer
- Kian Capital Partners, ParkSouth Ventures
- Target
- Enterprise Computing Services, My IT
- Industry
- IT Services
- Location
- Louisiana, United States
- Type
- Recapitalization
Kian Capital Partners, alongside ParkSouth Ventures and management, completed a majority recapitalization of Enterprise Computing Services (ECS) and My IT, two Louisiana-based managed service providers. The investment will support the combined company's growth strategy — including pursuing additional acquisitions — and the combined organization will operate under the My IT brand.
Related Acquisition Pages
IT Services Buyers & Acquisitions
7 tracked deals by ParkSouth Ventures.
Acquisitions in Kansas
2 tracked deals by ParkSouth Ventures.
Acquisitions in Texas
2 tracked deals by ParkSouth Ventures.
Acquisitions in Indiana
1 tracked deal by ParkSouth Ventures.
Acquisitions in Louisiana
1 tracked deal by ParkSouth Ventures.
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