The lead backers were Bain Capital Credit and Pacific Lake Partners.
Westview is exiting Abacus as a result of the FFL investment.
Kim is responsible for relationships with infrastructure-focused institutional investors across North America.
With this investment from FTV Capital, Richard Liu, a partner at FTV Capital, will join DataArt’s board of directors.
FloWorks is a holding company of specialty flow control distribution providers.
No financial terms were disclosed.
Justin Smith, founder and CEO of OuterBox, will continue to lead the company.
Mill Point will maintain a minority stake in the business going forward.
Headquartered in Florham Park, New Jersey, Prime Pensions is a provider of retirement plan compliance and administration services primarily to small and medium-sized businesses.
Crestview invested in 2019 and upon the exit, owned half the company, according to a source familiar with the deal.
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