Managers
Hunter Street Partners (Hunter Street), a Minneapolis-based alternative investment management firm, and Five Crowns Credit Partners (Five Crowns) announced today that they have sold their stakes in TriStruX, a provider of telecom infrastructure services to wireless carriers, cable companies, and OEMs, to a private equity firm.
TriStruX was founded as the result of a merger between Telecom Engineering Group (TEG) and Leone Electric Company (LEC). In November 2020, TriStruX acquired High Point Utilities (High Point), a regional broadband network construction and maintenance company. Hunter Street Partners and Five Crowns Credit Partners provided financing for both the merger and ensuing acquisition.
Private investment firm Baum Capital Partners has sold Goettl Home Services (Goettl) to investment funds affiliated with Cortec Group.
Terms of the transaction, which was led by Cortec Group Fund VII, in partnership with Goetl CEO Ken Goodrich and his management team, have not been disclosed.
Headquartered in Las Vegas, Nevada, Goettl is a provider of residential HVAC and plumbing maintenance, repair and replacement services.
The Goettl investment represents the fifth platform in Cortec Fund VII, a USD2.1 billion fund which closed in November 2019. Paul Hastings LLP served as legal advisor to Cortec. Senior debt to support the
Fifth Wall, a venture capital firm focused on technologies for the global real estate industry, raised more than USD1.1 billion across its funds in 2021.
In 2021, the firm welcomed new investors, including Aldar, APG, Arbor Realty Trust, BNP Paribas Real Estate, Bpifrance through the digital Fund of Funds, Camden Property Trust, Cosan, Gestilar, Invitation Homes, Kimco Realty Corporation, Knight Frank, Meritage Homes, affiliates of Northwood Investors, NZ Super Fund, PGIM Real Estate, The Durst Organization, among others. Fifth Wall’s network of strategic limited partners (LPs) currently sits at over 90.
In addition, several of Fifth Wall’s existing investors increased
Corsair, a private equity firm targeting services, software, and payments investments in the financial services market, has acquired a majority stake in Aurora Payments (Aurora), a full-service payment solutions provider for small and medium sized businesses (SMBs) across a variety of industries.
Founded in 2005, Aurora offers a one-stop-shop solution for partners and merchants seeking to accept and receive electronic payments. Aurora’s bundled offering provides merchants with a wide range of products, services, customer technology, and support capabilities, including point of sale (POS) equipment, transaction processing services, and the ability to transfer funds between banks and merchants.
Citizens M&A Advisory has served as the exclusive financial advisor to WorkforceQA, LLC on its recapitalisation by Hamilton Robinson Capital Partners.
Headquartered in Salt Lake City, Utah, WorkforceQA is a tech-enabled provider of employee compliance solutions to safety-sensitive and regulated industries. The company serves many of the largest trucking, airline, logistics and rail companies in the United States, providing a suite of critical solutions, including drug and alcohol testing, physical examinations, background screening, training and compliance programs.
Cion Digital, developers of an enterprise SaaS blockchain orchestration platform, has closed a USD12 million seed funding round led by Green Visor Capital and 645 Ventures.
Cota Capital, Epic Ventures, Hourglass Capital Partners, BAT Ventures, Greycroft and Ulu Ventures also participated.
The capital will be used to expand R&D resources and accelerate the rollout of crypto financing and payment solutions tailored for Financial Services companies (Lenders, RIA’s, Banks and Neobanks) and Big Ticket Retailers (Auto, RV/Marine, Jewelry and Luxury Goods) and to expand the capabilities of the firm’s proprietary Blockchain Orchestration Platform for other industries.
Atar Capital, a global private investment firm, announced the fifth acquisition in fewer than two years through its portfolio company, Pathways Health and Community Support, LLC (Pathways), with the closing of Human Resource Training, Inc. (HRT), a provider of foster care and social services to families and youth in the central and northern regions of Arizona.
Atar Capital acquired Pathways in 2018 as part of a strategy to put the firm’s cross-functional expertise to work in a critical and fast-growing segment in the healthcare space. Terms of the agreement were not disclosed.
HRT was incorporated in 1981 offering services as
Starting the new year off on a high note, leading independent music distributor and technology platform Symphonic Distribution announces that it has received a USD37 million Series B investment.
Led by NewSpring and Ballast Point Ventures, the new investment comes on the heels of funding announcements by other industry participants, further solidifying investor interest in music technology and distribution.
Headquartered in Florida and with international presence in Africa, Brazil, Colombia, Dominican Republic, Mexico, Spain and more, Symphonic remains a 100 per cent independent distribution and music technology company.
Middle market private equity firm MidOcean Partners (MidOcean) has acquired Casper’s Ice Cream (Casper’s), a manufacturer and supplier of branded and co-packed frozen novelty products sold through leading grocery and mass customers throughout the United States.
The Company primarily sells through the FatBoy brand, one of the fastest growing frozen novelty brands in the US, as well as the Jolly Llama and ChurnBaby brands.
MidOcean intends to accelerate the Company’s growth and drive value through comprehensive organic initiatives and strategic M&A. Casper’s represents MidOcean’s second investment in branded food in the last six months following the acquisition of Louisiana Fish
Highview Capital (Highview) has acquired Watterson, a national facility services company that provides a full suite of services, including facilities management, environmental services, and emergency and disaster response.
Over the last 20-plus years, the Company has built a strong base of long-term corporate clients, which includes leading brands in retail and commercial workspaces. Through its network of over 1,000 in-house and third-party service providers, Watterson has established a reputation for industry-leading response times and nationwide best-in-class customer service.
Following the close of the acquisition, Billy Watterson, Watterson’s founder, and Steve Peldiak, Watterson’s President, will both retain significant minority stakes
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
