Investment Summary

Mill Point Capital Invests In Proficium

On March 27, 2024, private equity firm Mill Point Capital invested in communications company Proficium

Investment Highlights
  • This is Mill Point Capital’s 2nd transaction in the Communications sector.
  • This is Mill Point Capital’s 23rd transaction in the United States.
  • This is Mill Point Capital’s 1st transaction in California.

Investment Summary

Date 2024-03-27
Target Proficium
Sector Communications
Investor(s) Mill Point Capital
Deal Type Growth Capital

Target

Proficium

Union, California, United States
website
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. Proficium was founded in 2003 and is based in Union, California.

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Investor(S) 1

DESCRIPTION

Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. Sectors of interest include industrial and business services. Mill Point Capital is based in New York City.


DEAL STATS #
Overall 24 of 24
Sector (Communications) 2 of 2
Type (Growth Capital) 5 of 5
State (California) 1 of 1
Country (United States) 23 of 23
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-26 Prime Pensions

Florham Park, New Jersey, United States

Prime Pensions is an independent provider of retirement plan compliance and administration services primarily to small and medium-sized businesses. Prime Pensions is not affiliated with any investment product provider and does not offer investment advice. Prime Pensions is based in Florham Park, New Jersey.

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