CIVC invests in IoT products provider Industrial Networking Solutions

Cowen acted as financial advisor to INS while Wick Phillips served as legal counsel.

  • Ropes & Gray LLP served as legal counsel to CIVC on the transaction
  • Based in Chicago, CIVC invests in middle-market business services companies
  • INS was founded in 1998

CIVC Partners LP has made an investment in Industrial Networking Solutions, a provider of wired and wireless products for the IoT market. No financial terms were disclosed.

INS was founded in 1998.

On the transaction, Scott Schwartz, a partner at CIVC, said in a statement, “INS is the market-leading platform in its sector with more than twenty years of experience delivering best-in-class wired and wireless IoT products and services to its clients. We are excited to partner with Stephen, Mike, Richard, and the INS team to support the company in expanding its offering and pursuing strategic acquisitions.”

Ropes & Gray LLP served as legal counsel to CIVC on the transaction. Cowen acted as financial advisor to INS while Wick Phillips served as legal counsel.

Based in Chicago, CIVC invests in middle-market business services companies. Since 1989, CIVC has invested almost $2.2 billion in 78 platforms.