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Summit Partners, which invested in Patriot in 2019, and Patriot management will maintain significant minority ownership positions in the company.
Going forward, Schellman, a licensed CPA firm, will provide attest services, and Schellman Compliance, LLC, a newly formed entity, will provide non-attest services.
Ontario Teachers’ Pension Plan has agreed to acquire a 33.4 percent interest in Greenstone, a Sydney, Australia-based insurance distributor.
Kudu Investment Management has agreed to acquire a minority stake in Douglass Winthrop Advisors, an investment advisor.
Carlyle, three years into its investment, will remain a shareholder in the non-audit accounting and finance advisory firm.
BHMS Investments and Abry Partners have agreed to acquire a majority ownership stake in Innovisk Capital Partners, an insurtech company, from Willis Towers Watson.
CVC and Glendower Capital have agreed to merge and and form a partnership.
Victory Capital has agreed to acquire New Energy Capital Partners, an alternative asset management firm that invests in small-and mid-sized clean energy infrastructure projects and companies.
Cinven has agreed to make a majority investment in True Potential, a UK-based financial services company.
Align Capital managing partner Chris Jones, operating partner Dave Perotti, principal Matt Beesley and associate Aaron Lewis worked on the transaction.

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