Articles from Mill Point Capital LLC

SS8 Networks (“SS8”), a leader in Lawful and Location Intelligence and Monitoring center platforms, today announced its acquisition by Mill Point Capital LLC (“Mill Point”). The strategic move marks a significant milestone in SS8’s growth trajectory and will fuel expansion into new markets, bolster its technology stack, including AI-driven innovations, and enhance its core offerings in mediation, criminal monitoring, and investigative solutions.

Pythian Services Inc. (“Pythian”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today the acquisition of Rittman Mead Consulting Ltd. (”Rittman Mead”), a globally recognized Oracle data and analytics consultancy. The Rittman Mead acquisition enhances Pythian’s Oracle footprint, expands its geographic presence in Europe and strengthens its Oracle Database@Google Cloud capabilities, a powerful multi-cloud partnership that accelerates modernization.

Mill Point Capital LLC (“Mill Point”) announced today the acquisition of Scribe Holdings, Inc. (“Koozie Group”), a leading U.S.-based manufacturer, decorator and supplier of promotional products. As part of the transaction, Koozie Group and Garyline LLC (“Garyline”), a portfolio company of Mill Point, will combine to create one of the largest and most diversified suppliers of promotional products in North America. The combined company’s domestic manufacturing footprint reflects a shared commitment to have one of the best-positioned industry portfolios of high-quality products made, assembled, or printed in the USA with reliable lead times and a customer-focused approach.

An affiliate of Mill Point Capital LLC ("Mill Point Capital"), a New York City-based private equity firm, announced today the completion of its previously announced acquisition of the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) (“FEMSA”), doing business as Imbera and Torrey (collectively AeriTek Global LLC, “AeriTek” or the “Company”), in a single corporate carve-out transaction. The successful closing of this complex, cross-border corporate carve-out transaction establishes AeriTek as a standalone, leading manufacturer, designer and distributor of commercial refrigeration and foodservice equipment products. Mill Point has completed 17 corporate divestitures, reflecting the firm’s expertise and experience in executing complex transactions.

Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control investments in the Business Services, Industrials and IT Services sectors throughout North America, announced the formation of Voltaris Power LLC (“Voltaris”), an electrical power solutions platform created by acquiring two distinct entities - Pioneer Custom Electrical Products (“PCEP”) and Jefferson Electric (“Jefferson”). Including the two carve-outs that form Voltaris, Mill Point has completed 16 corporate divestitures, reflecting the firm’s expertise and experience in executing complex transactions.

Mill Point Capital LLC (“Mill Point”), a New York City-based private equity firm, announced today the final close of Mill Point Capital Partners III, L.P. (“Fund III”). With approximately $1.7 billion of total capital commitments closed in less than five months from launch, Fund III, consistent with its predecessor funds, was oversubscribed and closed at the hard cap. Mill Point targets value-oriented, control investments in lower middle-market companies across the Business Services, Industrials and IT Services sectors throughout North America.

Vehicle Management Solutions (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of All Area W&W Towing, Inc. (“W&W” or the “Company”), a leading regional provider of municipal vehicle towing and recovery services.

CREO Group, Inc. (“CREO Group”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading sustainable horticulture packaging solutions provider, proudly announces the acquisition of United Solutions, Inc. (“United Solutions”), a Massachusetts-based leading designer, developer, and manufacturer of innovative household products for indoor and outdoor living.

Garyline, LLC (“Garyline”, or the “Company”), a vertically integrated manufacturer, custom printer and supplier of promotional and specialty packaging products, is excited to announce the successful completion of its facility relocation from New York to Spring Hill, Florida. The strategic move is complemented by an investment from an affiliate of Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the industrials, business services and IT services sectors in North America.

An affiliate of Mill Point Capital LLC (“Mill Point Capital”), a lower middle-market private equity firm focused on control-oriented investments in the industrials, business services and IT services sectors in North America, has entered into a definitive agreement to acquire the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) (“FEMSA”), doing business as Imbera and Torrey (collectively AeriTek Global LLC, “AeriTek” or the “Company”), in a single corporate carve-out transaction. As part of the transaction, Imbera and Torrey will unite to form the newly created AeriTek Global LLC, a leading manufacturer, designer and distributor of commercial refrigeration and foodservice equipment products.

Mill Point Capital, a lower middle-market private equity firm focused on control-oriented investments in North America, announced the completion of its previously announced majority stake acquisition of iQor (the “Company”), a global leader in managed services and customer engagement business process outsourcing (BPO) solutions.

iQor, a global leader in managed services and customer engagement business process outsourcing (BPO) solutions, is pleased to announce that it has signed an agreement with Mill Point Capital (MPC), a private equity firm focused on North America investments in the industrial, business, and IT services sectors to acquire a majority stake in the company.

ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Smart Source LLC (“SmartSource” or the “Company”), a leading nationwide technology service provider.

Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT Services, Business Services and Industrials sectors in North America, has partnered with Proficium, Inc. (“Proficium”, or the “Company”). Proficium specializes in the design, manufacturing and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers and enterprise companies. The Company acts as a trusted partner for many leading technology clients.

Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC, (“Mill Point”) announced the acquisition of Grant Street Companies, LLC (the “Company” or “Grant Street”), a leading provider of police and private property impound (“PPI”) vehicle storage management and a subsidiary of Summit Vehicle Solutions. The Company operates Peak Auto Storage and Southwest Auto Tow in the Dallas-Fort Worth Metropolitan Area and A Tow Atlanta and A Tow Roswell in the greater Atlanta Metropolitan Area.

Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.

Seviroli Foods LLC (“Seviroli”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired a portfolio of Italian food products (including the related intellectual property and equipment) (the “Business”) from Ajinomoto Foods North America, Inc. (“Ajinomoto”). The Business is comprised of specialty Italian frozen pasta products, including ravioli, tortellini, rolled pastas and other Italian foods.

GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading full-service direct store delivery (“DSD”) distributor of ice cream and other frozen products throughout the Eastern Seaboard, announced today that it has acquired Cool River Beverages LLC (“Cool River”), a specialty beverage distribution platform in the New York Metro area.

INNO4 LLC (“INNO4” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”).

Mill Point Capital LLC (“Mill Point”), a private equity firm focused on control-oriented investments in the Business Services, Industrials and IT Services sectors, announced today that it has entered into a definitive agreement to sell International Designs Group (“IDG” or the “Company”) to The Home Depot (NYSE: HD).

Prime Pensions, LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has completed the acquisition of Pension Benefits Unlimited, Inc. (“PBU” or the “Company”), a California-based provider of retirement plan design, administration and consulting services.

Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of TEGSCO LLC (“TEGSCO” or the “Company”), a full-service auto pound management provider, primarily operating in San Francisco, CA and Indianapolis, IN. This strategic partnership marks a significant step forward in VMS's growth strategy and further solidifies its position as the preeminent player in vehicle storage management services.

Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control-oriented investments in the Business Services, Industrials and IT Services sectors, announced today the sale of Avenu Insights & Analytics (“Avenu”), a global leader in revenue enhancement and administration solutions for state and local governments, to Arlington Capital Partners (“ACP”), a Washington, DC-based private equity firm. ACP is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, business services and software.

International Designs Group LLC (“International Designs” or “IDG”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired Trajus Surfaces, LLC (“Surfaces,” or the “Company”), a leading distributor of engineered quartz and natural stone products in the Mid-Atlantic and Northeastern United States. Comprising two brands, European Granite & Marble and Marva Marble, Surfaces will join IDG's portfolio, which includes United Materials, Inc. (“UMI”), Construction Resources, and Cancos Tile & Stone.

Seviroli Foods LLC (“Seviroli”), an existing portfolio company of Mill Point Capital LLC (“Mill Point”) and leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired Mama Rosie’s Company, Inc. (“Mama Rosie’s” or the “Company”), a second-generation family-owned manufacturer of frozen pasta products primarily in the Northeastern United States.

PremiseLink Technologies LLC (“PremiseLink” or the “Company”), a leading provider of technology deployment and support services, announced that it has been acquired by an affiliate of IT ServicePoint (“ITSP”), an existing portfolio company of Mill Point Capital LLC (“Mill Point”).

Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Integrity Parking Management (“Integrity” or the “Company”), a leading light-duty Private Property Impound (“PPI”) company based in Denton, Texas, serving the Dallas-Ft. Worth metropolitan area.

New NSI Holdings, Inc. (“Nursery Supplies, Inc.”, “NSI”, or the “Company”), a vertically-integrated provider of sustainable horticulture packaging solutions, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and IT services sectors in North America.

Core Technology, LLC (“Core Technology” or the “Company”), a national IT lifecycle management company offering field service solutions, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the business services, IT services and industrials sectors in North America.

Avenu Insights & Analytics (“Avenu”), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of Interware Development Company Inc. (“Interware”), a leading provider of cloud-based payment solutions for local governments.

Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control-oriented investments in the industrials, business services and IT services sectors, announced today a sale of Spire Power Solutions L.P. (“Spire”), one of North America’s leading manufacturers of power transformers, to Electric Research and Manufacturing Cooperative, Inc. (“ERMCO”), a leader in the manufacturing of liquid-filled distribution transformers for the utility, commercial and industrial markets. ERMCO is a wholly owned subsidiary of Arkansas Electric Cooperatives, Inc. (“AECI”).

Seviroli Foods, Inc. (“Seviroli”), a leading manufacturer of frozen pasta and other food products, and Vertullo Imports LLC (“Vertullo”), a leading specialty food importer, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and technology sectors in North America.

Avenu Insights & Analytics (Avenu), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of LTAS Technologies Inc. (Harmari), a leading provider of short-term rental identification, monitoring and compliance software and services.

Prime Pensions, LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has completed the acquisition of Associated Pension Consultants, LLC (“APC” or the “Company”), a California-based provider of retirement plan design, administration and consulting services.

Prime Pensions, LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has completed a carve-out of Aldrich Retirement Solutions, LP (“ARS” or the “Company”), an Oregon-based provider of retirement plan design, administration and consulting services.

Franklin Madison, a portfolio company of Mill Point Capital, is pleased to announce its acquisition of Minnesota-based direct marketing agency, SeQuel Response.

An affiliate of Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT services, business services and industrials sectors in North America, has acquired CrashPlan Group (“CrashPlan”, or the “Company”) from Code42 Software, Inc. (“Code42”) in a corporate carve-out transaction. CrashPlan is a leading provider of cloud-based endpoint data backup and recovery software.

URT United Road Towing, Inc. (“VMS”, or the “Company”), a leader in vehicle management solutions for both public- and private-sector clients, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and IT services sectors in North America.

International Designs Group LLC (“International Designs” or “IDG”), a portfolio company of Mill Point Capital (“Mill Point”) and parent company of Cancos Tile & Stone LLC (“Cancos”), announced today that it has acquired Construction Resources Holdings LLC (“CR,” or the “Company”), a leading distributor of design-oriented surfaces materials, architectural specialty products and appliances.

GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and the parent company of E&M Logistics, Jack & Jill, A. Panza & Sons and Gillette Creamery, announced today that it has acquired Southern Ice Cream and Gourmet Foods (“Southern”), a full-service distributor of ice cream and related products throughout the Carolinas.

Prime Pensions LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired Northwest Retirement Plan Consultants, LLC (“NWRPC” or the “Company”), a Washington-based provider of retirement plan design, administration and consulting services.

GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and the parent company of E&M Logistics, Jack & Jill and A. Panza & Sons, announced today that it has partnered with Gillette Creamery (“Gillette”), a full-service direct store food and ice cream distributor servicing all of Eastern New York State and bordering states.

Cancos Tile Corporation (“Cancos”, or the “Company”), a leading regional distributor and retailer of luxury ceramic tile and natural stone, announced that it has partnered with Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and IT services sectors in North America.

Prime Pensions LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired Pensions Planners Northwest, Inc. (“PPNW” or the “Company”), an Oregon-based provider of retirement plan design, administration and consulting services.

GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and parent company of E&M Logistics (“E&M”), announced today that it has partnered with Jack & Jill (“Jack & Jill”), a third-generation family-owned direct store delivery (“DSD”) distributor of Unilever and Nestle ice cream, as well as other food and beverages in the Mid-Atlantic region.

E&M Logistics, Inc. (“E&M”, or the “Company”), one of the nation’s leading direct store delivery (“DSD”) distributors of ice cream, frozen and fresh foods, and beverages, announced that it has partnered with Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the business services, industrials, and IT services sectors in North America.

Spire Power Solutions L.P. (“Spire”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired the assets of V&F Transformer Corporation (“V&F” or the “Company”), a third-generation family owned business based in Elgin, Illinois with nearly 60 years of operating history.

Prime Pensions LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC, announced today that it has acquired the assets of Squire Retirement Plan Services, Inc. (“Squire” or the “Company”), a New Jersey-based provider of retirement plan design, administration, consulting, and actuarial services.