Right Lane acquired a 51 percent stake in TerraSource from Hillenbrand, Inc. in October 2021 while Hillenbrand retained a 49 percent stake.
Founded in 1992 as Carefree Hearing, Inc., the business was acquired by Safe in Sound Hearing in 2017 in partnership with Salt Creek Capital.
The investment will be used to accelerate Arkieva’s growth.
The transaction is expected to close in the second quarter of 2025.
SSE is a designer and manufacturer of highly engineered control systems for turbo machinery, process reciprocating compressors and gas/steam turbines.
The transaction values the solar and battery energy storage portfolio at $735 million.
The online pet care marketplace has also launched in Denmark and Ireland.
F2 Strategy is a Chicago-based wealth management technology and marketing services company.
After hearing pitches from more than 50 suitors over the years, Kline Hill found a match in TA, managing partner Mike Bego told Secondaries Investor.
The seller was Investcorp.