middle market companies

The Cynosure Group, a direct investment platform to source, evaluate, and manage direct private equity investments, has been launched. Based in Salt Lake City, in the historic First Security Building at 79 South Main Street, the Cynosure Group has been formed to bring together the resources of a number of family offices, including the Eccles […]

Shore Capital Partners, a Chicago, IL-based healthcare focused private equity firm, completed its Fund I, at $112.5m of committed capital. Investors in Fund I include leading pension funds, financial institutions, fund of funds and family offices. Shore Capital Partners Fund I will continue the investment strategy employed by the firm’s previous investment vehicles and invest […]

Envy Medical, Inc., a Westlake Village CA-based provider of professional skincare products and services, secured new growth capital from HCP & Company, a middle-market private equity firm headquartered in Chicago. The amount of the deal was not disclosed. The company intends to use the funds for sales and marketing initiatives, as well as for development […]

DRB Systems, an Akron, Ohio-based provider of software solutions to the car wash industry, received a strategic investment from Prairie Capital. The amount of the transaction was not disclosed. Founded in 1984 and led by President Dale Brott, DRB provides systems including point of sale (POS) software, loyalty promotion modules, control solutions, to the car […]

Grabit, a Santa Clara, Calif.-based provider of industrial automation and material handling solutions, raised an undisclosed amount of funding. Backers included Flextronics Lab IX and Draper Nexus Ventures. The company intends to use the funds for development of electroadhesion based products for industrial robotics and warehouse logistics. Led by Charlie Duncheon, CEO and co-founder, Grabit […]

hyperWALLET Systems Inc., a Vancouver, BC, Canada-based provider of cross-border corporate payment solutions, completed a growth equity financing with Primus Capital. The amount of the transaction was not disclosed. The company intends to use the proceeds to expand sales and marketing initiatives domestically and abroad, and address additional end markets. Led by Lisa Shields, founder […]

iParadigms, an Oakland, CA-based creators of Turnitin, has reached a definitive agreement to be acquired by Insight Venture Partners and GIC, Singapore’s sovereign wealth fund. The deal, which is expected to close in the third quarter of 2014, subject to the waiting period under the HSR Act and customary closing conditions, amounted to $752m. Warburg […]

Cloud Theory, a NYC-based technology consulting firm specializing in cloud-based solutions, received a strategic investment from Blackstone (NYSE:BX). The amount of the transaction was not disclosed. The company intends to use the proceeds to expand its product offering with customized Salesforce software for alternative asset managers. Led by Brian Marchand, Chief Executive Officer, Cloud Theory […]

SwipeClock, a Salt Lake City, UT-based Software as a Service (SaaS) provider of time, attendance and workforce management software for small to mid-sized companies, received an investment from Moelis Capital Partners (MCP). The founders and management of the company have also invested along with Moelis. In conjunction with the transaction, Greg Share, a Partner at […]

PayLease, a San Diego, CA-based online payments provider for the property management and home owner association industry, received a majority equity investment from Francisco Partners. Following the transaction, whose close is still subject to customary closing conditions and whose amount was not disclosed, existing investor Mainsail Partners as well as PayLease founders and management will […]

HighWire Press, a Redwood City, California-based technology service provider to influential scholarly publishers, received a significant equity investment from Accel-KKR. The company, an auxiliary unit of Stanford University Libraries, intends to use the proceeds to further its investment in strategic initiatives and digital innovations in Internet-based publishing. The investment will enable the business (HighWire Press, […]

Amware Logistics Services, an Eagle, CO-based provider of third-party warehousing and fulfillment solutions, received an minority equity investment from Rotunda Capital Partners, a lower-middle-market private equity investment firm. The financial terms of the transaction were not disclosed. The company intends to use the proceeds for organic expansion and strategic acquisitions. Led by Vincent Gulisano, who […]

The CapStreet Group, LLC, a Houston-based lower-middle market private equity firm, closed its fourth fund at $340m. CapStreet IV, L.P., which had a $250m initial target, was supported by both existing and new investors. Led by George Kelly, founder and CEO, CapStreet IV will continue to make control investments in privately held, lower middle market […]

ICV Partners, an investment firm focused on lower middle market companies, closed its third fund at $400m. Investors in ICV Partners III, L.P. consist of a majority of returning investors from ICV’s initial funds and a broad new group of domestic investors that include corporate, family offices and public pension funds. Led by Willie Woods, […]

ISN Solutions, a London, UK-based IT support and services company, received a £4.6m investment. The investment was led by Maven Capital Partners. The company intendas to use the funds to expand into Aberdeen’s market. Established in 1999 and led by David Greenwood, Managing Director, ISN Solutions provides consultancy, project management and outsourced IT services to […]