Software,
Networks,
Internet,
Finance,
Artificial Intelligence,
Professional Services,
Technology,
Apps,
Applications,
Partnership,
AI,
BPO,
MPC,
Growth,
Lead,
Philosophy,
Management "The strength of Mill Point Capital offers an extraordinary opportunity to accelerate our growth and continue our leadership across a broad array of customer engagement solutions.
Key Points:
- "The strength of Mill Point Capital offers an extraordinary opportunity to accelerate our growth and continue our leadership across a broad array of customer engagement solutions.
- With 40,000 dedicated employees in 10 countries, iQor is at the forefront of providing advanced customer experience solutions enhanced by AI and intelligent technologies.
- "Along with our Executive Partners John Meyer and John Harris, we could not be more enthusiastic about this new partnership,” said Richard Summers, Partner at Mill Point Capital.
- iQor will continue to operate under its established brand, with enhanced support and resources from MPC to drive innovation and industry-leading growth.
Data Management,
Apps,
Applications,
Technology,
Other Technology,
Software,
Networks,
Internet,
Partnership,
MPC,
Kirkland & Ellis,
Philosophy,
AI,
BPO,
Growth,
Rothschild & Co,
Lead,
Management "The strength of Mill Point Capital offers an extraordinary opportunity to accelerate our growth and continue our leadership across a broad array of customer engagement solutions.
Key Points:
- "The strength of Mill Point Capital offers an extraordinary opportunity to accelerate our growth and continue our leadership across a broad array of customer engagement solutions.
- With 40,000 dedicated employees in 10 countries, iQor is at the forefront of providing advanced customer experience solutions enhanced by AI and intelligent technologies.
- "Along with our Executive Partners John Meyer and John Harris, we could not be more enthusiastic about this new partnership,” said Richard Summers, Partner at Mill Point Capital.
- Rothschild & Co acted as exclusive financial advisor to iQor, and Kirkland & Ellis acted as legal counsel to iQor.
ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Smart Source LLC (“SmartSource” or the “Company”), a leading nationwide technology service provider.
Key Points:
- ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”), announced the acquisition of Smart Source LLC (“SmartSource” or the “Company”), a leading nationwide technology service provider.
- SmartSource is focused on providing IT staffing, multi-site deployment and technical solutions, predominantly catering to VARs, OEMs, MSPs and Systems Integrators.
- With the addition of SmartSource to the ServicePoint platform, we will capitalize on shared resources, more opportunities and new capabilities to further grow the combined business.”
“We are thrilled to partner with the ServicePoint team to take SmartSource to the next level of growth.
- We look forward to partnering with the entire team to continue growing the ServicePoint platform and pursuing the numerous opportunities ahead,” added Jeff Leventhal, Mill Point Executive Partner and Executive Chairman of ServicePoint.
Retrieved on:
Wednesday, March 27, 2024
Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT Services, Business Services and Industrials sectors in North America, has partnered with Proficium, Inc. (“Proficium”, or the “Company”).
Key Points:
- Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT Services, Business Services and Industrials sectors in North America, has partnered with Proficium, Inc. (“Proficium”, or the “Company”).
- Proficium specializes in the design, manufacturing and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers and enterprise companies.
- “Under the leadership of Dan Miranda, Proficium has become an industry leader supporting the rapidly increasing demand for high-performance datacenter interconnect products,” said Richard Summers, Partner at Mill Point Capital.
- “With Mill Point’s support, we will be able to take advantage of the vast opportunities ahead of us, driven by the widespread and ongoing growth in demand for datacenter capacity.”
Other Transport,
Automotive,
Finance,
General Automotive,
Transport,
Law Enforcement,
Emergency Services,
Professional Services,
Public Policy,
Government,
State,
Local,
Fleet Management,
Growth,
VMS,
Acquisition,
PPI,
Police,
Lease Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC, (“Mill Point”) announced the acquisition of Grant Street Companies, LLC (the “Company” or “Grant Street”), a leading provider of police and private property impound (“PPI”) vehicle storage management and a subsidiary of Summit Vehicle Solutions.
Key Points:
- Vehicle Management Solutions LLC (“VMS”), a portfolio company of Mill Point Capital LLC, (“Mill Point”) announced the acquisition of Grant Street Companies, LLC (the “Company” or “Grant Street”), a leading provider of police and private property impound (“PPI”) vehicle storage management and a subsidiary of Summit Vehicle Solutions.
- The acquisition fortifies VMS’ position as the leading player in vehicle management services in Texas and marks its entry into the high-growth Georgia market.
- "We are thrilled to welcome Grant Street Companies into the Vehicle Management Solutions family," said Kevin Corcoran, Chief Executive Officer of VMS.
- "We firmly believe Vehicle Management Solutions is the right partner for Grant Street Companies," added Trevor Forbes, Chief Executive Officer of Summit Vehicle Solutions.
Retrieved on:
Monday, February 26, 2024
Small Business,
Accounting,
Professional Services,
Finance,
Growth,
Proposition,
TPA,
Sale,
Panasonic Executive Partner,
Corporate services,
Pension,
Partnership,
Financial adviser Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
Key Points:
- Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
- “We are incredibly proud of our successful partnership with Scott Feit, Founder and CEO of Prime Pensions, as well as the entire Prime Pensions team over the past few years.
- Their dedication to Prime Pensions is evident and we are thrilled to watch the Company’s continued future success,” commented Jenni Main, Executive Partner of Mill Point Capital.
- Raymond James acted as the exclusive financial advisor to Mill Point Capital and Prime Pensions.
Retrieved on:
Tuesday, January 30, 2024
Food,
Beverage,
Retail,
Principal,
Growth,
Bernardi,
Intellectual property,
Tortellini,
Acquisition,
Sale,
Business,
Management Seviroli Foods LLC (“Seviroli”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired a portfolio of Italian food products (including the related intellectual property and equipment) (the “Business”) from Ajinomoto Foods North America, Inc. (“Ajinomoto”).
Key Points:
- Seviroli Foods LLC (“Seviroli”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading manufacturer of frozen pasta and other food products and importer of specialty foods, announced that it has acquired a portfolio of Italian food products (including the related intellectual property and equipment) (the “Business”) from Ajinomoto Foods North America, Inc. (“Ajinomoto”).
- The Business is comprised of specialty Italian frozen pasta products, including ravioli, tortellini, rolled pastas and other Italian foods.
- “The addition of Ajinomoto’s portfolio brands of Italian food products accelerates our long-term growth trajectory and strategic vision for our company.
- Seviroli is well positioned to continue its growth story and capitalize on the opportunities ahead,” commented Aileen Wang, Principal of Mill Point.
Other Retail,
Finance,
Supermarket,
Specialty,
Professional Services,
Convenience Store,
Restaurant,
Bar,
Food,
Beverage,
Supply Chain Management,
Retail,
Ice cream,
Food court,
Growth,
Acquisition,
Drink,
Partnership,
DSD,
Mill Point Settlement Site GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading full-service direct store delivery (“DSD”) distributor of ice cream and other frozen products throughout the Eastern Seaboard, announced today that it has acquired Cool River Beverages LLC (“Cool River”), a specialty beverage distribution platform in the New York Metro area.
Key Points:
- GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading full-service direct store delivery (“DSD”) distributor of ice cream and other frozen products throughout the Eastern Seaboard, announced today that it has acquired Cool River Beverages LLC (“Cool River”), a specialty beverage distribution platform in the New York Metro area.
- “The Cool River acquisition is highly accretive to the GlacierPoint platform as it further expands our distribution solution with the addition of a broad beverage offering, immediately transforming us into a fully diversified logistics platform that includes both frozen foods and temperature-controlled beverages.
- Martin Kelly, Cool River founder and GlacierPoint board member, added, “The Cool River platform is poised for significant growth, and Jim and his team are the perfect group to lead the charge.
- I look forward to supporting GlacierPoint’s continued success.”
“Our commercial partnership with both Cool River and Martin Kelly made this transaction a logical next step in GlacierPoint’s evolution.
Retrieved on:
Thursday, November 30, 2023
Finance,
Data Management,
Professional Services,
Technology,
Software,
Mill Point Settlement Site,
Culture,
Partnership,
Growth,
Health,
Video game,
Management,
Boston INNO4 LLC (“INNO4” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”).
Key Points:
- INNO4 LLC (“INNO4” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by ServicePoint, a portfolio company of Mill Point Capital LLC (“Mill Point”).
- Jose Bernal, Chief Executive Officer of ServicePoint commented, “The INNO4 team has built an incredible business with a 'customer-first’ approach and a culture of operational excellence.
- With the addition of INNO4 to the ServicePoint platform, we continue to add to our suite of services and execute our overall growth strategy.”
“We are excited to announce our partnership with both Mill Point and ServicePoint and look forward to embarking upon our next chapter of growth.
- With this combination, ServicePoint will be one of the largest technology service businesses in North America,” added Jeff Leventhal, Mill Point Executive Partner and Executive Chairman of ServicePoint.
Retrieved on:
Monday, November 20, 2023
Professional Services,
Finance,
Quartz,
Acquisition,
NYSE,
Mill Point Settlement Site,
Southeastern United States,
IDG,
Partnership,
Home,
Corporate services,
The Home Depot,
Growth,
Orange Business Services Mill Point Capital LLC (“Mill Point”), a private equity firm focused on control-oriented investments in the Business Services, Industrials and IT Services sectors, announced today that it has entered into a definitive agreement to sell International Designs Group (“IDG” or the “Company”) to The Home Depot (NYSE: HD).
Key Points:
- Mill Point Capital LLC (“Mill Point”), a private equity firm focused on control-oriented investments in the Business Services, Industrials and IT Services sectors, announced today that it has entered into a definitive agreement to sell International Designs Group (“IDG” or the “Company”) to The Home Depot (NYSE: HD).
- IDG is an established distributor, seller and custom fabricator of design-oriented surfaces, appliances and architectural specialty products.
- The Company’s products are featured in multiple areas of the home, including flooring, walls, countertops, decking and fireplace surrounds, among others.
- IDG serves a diverse group of professional customers across renovation, remodeling, new construction and multi-family.
