Thompson Street Capital Partners said Tuesday it closed its latest fund with $640 million in commitments, exceeding the pool’s hard cap of $600 million. The target for TSCP IV was $500 million. Park Hill served as placement agent. St. Louis-based Thomson Street Capital invests in founder-led middle market companies in North America with EBITDA between $4 million to $15 million.Continue
Epic Health Services said Tuesday it acquired Option 1 Healthcare Solutions. Financial terms weren’t announced. Chandler, Arizona-based Option 1 is an enteral nutrition provider. Epic Health is a portfolio company of Webster Capital. UPDATE: Thompson Street Capital Partners is the seller. Livingstone Partners advised Thompson in the sale of Option One.Continue
Thompson Street Capital Partners has acquired Bradley-Morris Inc. from Pine Tree Equity Partners LLC. Financial terms weren’t announced. Kennesaw, Georgia-based Bradley-Morris is a military-focused recruiting firm that matches candidates who are leaving the military with job opportunities with Fortune 1000 employers. News of the deal was announced Farlie Turner & Co. which advised on the transaction.Continue
Thompson Street Capital Partners and Tom Wimsett, founder and managing partner of payments consulting firm Wimsett & Company have acquired Lexington, Kentucky-based EchoSat Communications, a provider of tech solutions for the transmission, translation and security of vital payment data. No financial terms were disclosed. Also, Wimsett will join EchoSat’s board of directors as executive chairman.Continue
Thompson Street Capital Partners has acquired Stone Panels. No financial terms were disclosed for the transaction, which TSCP did with Stone Panels’ management. Based in Coppell, Texas, Stone Panels is a maker of natural stone composite panels.Continue
Abacus Finance Group acted as administrative agent and sole lead arranger for $23 million in senior secured credit facilities to support the acquisition of FocusVision Worldwide by Thompson Street Capital Partners in partnership with FocusVision management. Headquartered in Stamford, CT, FocusVision is a provider of online video transmission, analysis and archive solutions for the qualitative market research industry.Continue
Thompson Street Capital Partners has acquired FocusVision Worldwide. Financial terms were not announced. Stamford, Conn.-based FocusVision provides video transmission, analysis and archive solutions.Continue
Thompson Street Capital Partners said Tuesday that it sold its majority stake in BarcodesInc to the Cortec Group. Financial terms weren’t announced. Chicago-based BarcodesInc provides barcoding, mobile computing and radio-frequency identification solutions.Continue
Cequel Data Centers, a portfolio company of Thompson Street Capital Partners, Charterhouse Group, and Cequel III has acquired TierPoint, a provider of colocation, managed IT and cloud computing services in the Pacific Northwest. TierPoint operates three data centers in the greater Spokane, Wash., area. With its prior acquisitions including facilities in Dallas, Oklahoma City, and […]Continue
Thompson Street Capital Partners has announced the sale of Universal Air Filter to Chicago-based Filtration Group. Terms of the deal were not disclosed. Universal Air Filter makes specialty products used in the telecommunications, data networking, medical and power generation industries. PRESS RELEASE Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, […]Continue
Thompson Street Capital Partners announced Friday that they closed their third fund at $350 million. Investors for TSCP III mainly came from their second fund. St. Louis-based Thompson Street invests in service, manufacturing and distribution busineses.Continue
Charterhouse Group and Thompson Street Capital Partners have acquired Perimeter Technology in partnership with Cequel III, a St. Louis-based management and investment firm. Oklahoma City-based Perimeter is a provider of data center colocation and managed hosting services. Terms of the deal were not released.Continue
I have more info on the Wall Street Systems sale.
Yesterday, I reported that ION Trading, which is backed by TA Associates, was buying Wall Street Systems. Warburg Pincus owns a majority of the company. The PE firm expects to make make more than 3x its investment on the sale of Wall Street Systems, a person says.
Wall Street Systems is selling for north of $500 million, two sources say. Deutsche Bank is advising on the sale, sources say.Continue
Thompson Street Capital Partners has put Iron Data on the block, four sources say.
Atlanta-based Iron Data develops software for local and state governments. The company, which employs over 300 people, produced more than $25 million EBITDA, one PE exec says. Thompson Street was seeking bids of 10x for Iron Data, the source says.
“It was pretty frothy,” the person says of the auction.Continue
St. Louis-based Thompson Street Capital Partners acquired a majority interest in Barcodes Inc., a Chicago company engages in barcode, mobile computing and radio-frequency identification solutions. Financial terms were not disclosed. Thompson Street Capital, which manages $450 million in capital, has made six acquisitions this year.Continue
Thompson Street Capital Partners has sold DCL Medical Laboratories LLC to LabCorp, for an undisclosed amount. DCL provides diagnostic and clinical trial testing services, with a focus on women’s health. It has offices in St. Louis and Indianapolis.Continue
Thompson Street Capital Partners and Charterhouse Group have acquired Colo4 LLC, a Dallas-based provider of carrier-neutral colocation data center services. No financial terms were disclosed.Continue
Thompson Street Capital Partners has acquired Express Oil Change from Carousel Capital for an undisclosed amount. Express Oil is a Birmingham, Ala.-based operator of quick lube and automotive service centers. It was acquired by Carousel in 2005.Continue