Deal Flow

Q4 2022 Private Equity Deals off to a Strong Start

Private Equity deals handpicked by our team to have longevity, strong fundamentals, an intelligent executive team, and growth-oriented investors. Text is aggregated from various press release news sources, released by the acquiring firms.

If you're looking at the future of each respective industry, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.

Veritas Capital to Acquire CAES Space Systems

Veritas Capital (“Veritas”), a leading technology and government investment firm, announced today that an affiliate of Veritas has entered into a definitive agreement to acquire CAES Space Systems (the “Company”), a leading independent supplier of high-reliability electronic solutions for space, defense, healthcare and industrial applications, from CAES. Mike Elias, Senior Vice President & Division General Manager, will continue to lead CAES Space Systems, alongside the rest of the leadership team. Financial terms of the transaction were not disclosed.

“We are excited to partner with Veritas, a premier government technology investor that brings deep domain expertise and knowledge of our end markets. I am confident that Veritas is the perfect partner for CAES Space Systems as we enter our next stage of growth.”

Headquartered in Colorado Springs, CAES Space Systems provides radiation hardened components, mission processing, cabling, wave guides, antennas and power management solutions. The Company’s track record of innovation, rich intellectual property portfolio and best-in-class engineering talent has enabled embedded, multi-decade relationships with blue-chip customers. With over 60 years of space flight heritage, CAES Space Systems and its products have had a presence on all historical major U.S. space platforms, with a 100% mission success rate.

The transaction is expected to close in Q1 2023, subject to customary closing conditions and regulatory approvals.

Sole Source Acquires Westwood Laboratories

Sole Source Capital LLC (“SSC”), an industrial-focused private equity firm, announced today that it has acquired Westwood Laboratories (“Westwood”), a contract manufacturer of consumer staple products in the beauty, personal care, pet and over-the-counter drug end markets. This is Sole Source Capital’s first investment in the contract manufacturing industry. Terms of the transaction were not disclosed.

“As new, innovative consumer brands continue to gain market share and require resources for product development and R&D, now is the right time to bring on a partner that can provide strategic capital as well as operational and financial expertise. The team looks forward to partnering with SSC.”

Founded in 1948 in Azusa, California, Westwood provides a full-service contract manufacturer offering including formulation design, research & development, compounding, filling, packaging and overwrapping/bagging. The company serves a diverse group of established consumer brands in addition to fast-growing emerging brands. Westwood specializes in liquids, creams, gels and pastes that are packaged in a variety of formats.

Columbia River Partners Announces Investment in TiniFiber

Columbia River Partners ("CRP") is proud to announce its investment in TiniFiber Holdings, LLC ("TiniFiber"), a fiber optic assembly and custom cable manufacturer. Columbia River Partners ("CRP") is a lower middle-market private equity firm focused on investments in business service, industrial, and information technology platforms in North America.

Headquartered in Farmingdale, NY, TiniFiber will continue to capitalize on the strong long-term FTTx trends by demonstrating the superior value of its product to customers across the country. TiniFiber's products are smaller, stronger, and lighter than those of the competition, resulting in substantial savings to contractors and end users via reduced labor and transportation costs.

"Our patented Micro Armor fiber helps customers do more of what they need to, run cable, and do it faster and cheaper than ever before," said Christian Peterson, CEO of TiniFiber. Barry Skolnick, Vice President of Operations, added, "Once a customer tries our TiniFiber product, they don't go back to the legacy Aluminum Interlocking Armor competition, it just doesn't make sense after they've experienced what TiniFiber can do for their business."

Acoustic Announces Strategic Growth Investment from Francisco Partners

Acoustic, a global marketing and customer experience provider for B2C brands, has obtained a strategic growth investment from Francisco Partners ("Francisco"), a leading global investment firm that specializes in partnering with technology businesses. Existing investor Centerbridge Partners remains the primary equity holder in the company.

Acoustic helps brands deliver over 120 billion personalized messages each year using its single, unified platform that combines marketing automation with deep digital experience analytics. Acoustic empowers businesses to create seamless, data-driven digital experiences across email, web, SMS/MMS, mobile push, WhatsApp, social media and more.

"This investment validates [Acoustic's] strategy for creating unified digital customer experiences at scale."

"We are thrilled to announce this new investment from Francisco Partners. As more consumer interactions take place digitally, customer experience becomes the deciding factor for whether consumers engage with your brand," said Dennis Self, CEO of Acoustic. "This investment validates our strategy for creating unified digital customer experiences at scale. It will also help accelerate our platform vision and continue to create highly personalized multichannel experiences through our product suite that connects consumers' online interactions with the buying experience. We're excited to be working with two top-tier investors, Francisco Partners and Centerbridge, as we continue to evolve our platform and offerings to enable a new generation of consumer marketing and experience capabilities."

Riverside Invests in Compliance-Assisting OutSolve

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in OutSolve LLC (OutSolve), a provider of outsourced labor and employment compliance solutions.

Founded in 1998 and based in Metairie, Louisiana, OutSolve provides compliance solutions to help clients adhere to federal contracting standards and other regulations designed to promote non-discriminatory policies in the workplace. The company services more than 2,000 customers in a variety of industries across the U.S.

“We are excited to partner with the OutSolve team,” said Riverside Partner Drew Flanigan. “The company’s end markets are supported by strong regulatory tailwinds as well as the broader corporate move towards DE&I, ESG and social responsibility, which are all critically important. These fundamentals provide a robust platform for growth as we look to expand into adjacent service offerings and new end markets.”

OutSolve Founder and President Jeremy Mancheski said, “We are delighted to be joining forces with Riverside, who brings to the table enormous growth resources and experience with compliance related businesses. We have developed a strong rapport with the team and look forward to working with them to drive the next stage of our company’s growth.”

Text is aggregated from various press release news sources, released by the acquiring firms.

If you're looking at the future of each respective industry, these are the companies to pay attention to. If you're a functional expert looking to get involved with mature startups like the ones listed below, get in touch to see if you're a fit to join our Flywheel.

Vetted, Certified,
Speed in Hiring

Begin growing your portfolio companies within a few clicks

Questions Before Getting Involved? Reach Out Below

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.