Bunker Hill Capital, a Boston-based private equity investor in lower middle market companies, has sold portfolio company, Rizing, to One Equity Partners.
Rizing is a privately held international company that provides leading SAP functional and technical consulting services to its customers.
Rufus Clark, a Managing Partner of Bunker Hill Capital, says: “We are grateful to all who have made Rizing such a successful company, and in particular to Mike Maiolo and Carl Graves, who provided the leadership to integrate three separate global businesses. We would also like to congratulate Luc Hédou, Steve Hatcher, and Tom Dey, co-founders of the original companies, who have committed to continue to help grow Rizing.”
Mark DeBlois, a Managing Partner of Bunker Hill Capital, adds: “Together with an excellent management team, we built an SAP-centric consulting business through a combination of acquisitions and organic growth into one of the leading SAP consulting firms with 14 offices around the world.”
Mike Maiolo, CEO of Rizing, says: “We are very appreciative of Bunker Hill Capital and all they did to help us grow Rizing into the leading global SAP company that it is today. The partners at Bunker Hill created a solid strategic framework while providing the right level of autonomy for us to successfully drive positive results.”
Carl Graves, CFO of Rizing, says: “The Bunker Hill team was a true value-added partner and built a collaborative relationship with our team right from the beginning. They took the time to understand our business and industry in order to provide a deep and comprehensive partnership with the Rizing management team.”
