Investment Summary

CCP Equity Partners Exits Evolution Markets

On August 4, 2022, Xpansiv invested in financial services company Evolution Markets from CCP Equity Partners

Investment Highlights
  • This is Xpansiv’s 1st transaction in the Financial Services sector.
  • This is Xpansiv’s 3rd transaction in the United States.
  • This is Xpansiv’s 1st transaction in New York.

Investment Summary

Date 2022-08-04
Target Evolution Markets
Sector Financial Services
Investor(s) Xpansiv
Sellers(s) CCP Equity Partners
Deal Type Add-on Acquisition

Target

Evolution Markets

White Plains, New York, United States
Evolution Markets is a broker of environmental products. Evolution Markets structures transactions in the global carbon, U.S. emissions, renewable energy, weather derivative, and over the counter (OTC) coal, natural gas, and nuclear fuels markets. Evolution Markets personnel are pioneers in energy and environmental markets having facilitated the first trades in Kyoto carbon credits, European emissions allowances, SO2 allowances, NOx allowances, ERCs in several states, weather derivatives, and OTC coal trades. Evolution Markets was formed in 2000 and is based in White Plains, New York.

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Investor(S) 1

Investor

Xpansiv

New York City, New York, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Xpansiv is market infrastructure platform for global carbon and environmental commodities. Xpansiv connects buyers and sellers of environmental commodities and provides market data for voluntary carbon offsets, renewable energy credits (RECs), and low-carbon fuels, each of which is critical elements of global decarbonization. Xpansiv was founded in 2016 and is based in New York City, New York.


DEAL STATS #
Overall 4 of 5
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
State: New York M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 APX

San Jose, California, United States

APX is a provider of innovative technology and dynamic end-to-end service solutions for environmental commodity and power markets. The company’s 25-year history and expertise spans carbon and renewable energy credit markets, sustainable commodity markets, power generation asset management, physical power markets, and demand response program administration. In this capacity, APX serves a diverse set of clients globally, including standards bodies, regulators, government entities, and NGOs. APX was formed in 1996 and is headquartered in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-03 Evident

Sheffield, United Kingdom

Evident provides certification and registry services for renewable energy and clean economy assets. The Company verifies and tracks environmental attributes across electricity, natural gas, hydrogen, carbon removal, and sustainable fuels, helping organizations ensure transparency and credibility in their sustainability claims. It also advises governments and businesses on implementing certification standards for environmental markets. Evident was founded in 2020 and is headquartered in Sheffield, United Kingdom.

Buy -

Seller(S) 1

SELLER

CCP Equity Partners

Hartford, Connecticut, United States

Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 500M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

CCP Equity Partners LLC (Formerly Conning Capital Partners) is a private equity firm that looks to invest in growth companies operating in the healthcare and financial services sectors. CCP looks to invest $5 to $20 million in North American based companies with revenues between $5 and $100 million. Target companies should have 'exceptional' growth potential, be at or near profitability, and have clear/sustainable competitive advantages. CCP Equity Partners was established in 1985 and is based in Hartford, Connecticut.


DEAL STATS #
Overall 25 of 25
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 17 of 17
State: New York M&A 3 of 3
Country: United States M&A 22 of 22
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 GlobalView Software

Chicago, Illinois, United States

GlobalView, an award-winning provider of analytics, risk management, and data management solutions for global energy and agricultural companies. The GlobalView flagship product, MarketView allows companies across the energy supply chain, risk marketers, and other commodities investors to monitor price movements and manage and assess risk through their trading operations.

Sell -