M&A Deal Summary

Crest Rock Partners Acquires Lumin8 Transportation Technologies

On December 1, 2020, private equity firm Crest Rock Partners acquired business services company Lumin8 Transportation Technologies

Acquisition Highlights
  • This is Crest Rock Partners’ 1st transaction in the Business Services sector.
  • This is Crest Rock Partners’ 2nd transaction in the United States.
  • This is Crest Rock Partners’ 1st transaction in Colorado.

M&A Deal Summary
Date 2020-12-01
Target Lumin8 Transportation Technologies
Sector Business Services
Buyer(s) Crest Rock Partners
Deal Type Consolidation

Target

Lumin8 Transportation Technologies

Arvada, Colorado, United States
Lumin8 Transportation Technologies is a provider of traffic and intelligent transportation systems (“ITS”) services and technology. Lumin8 Transportation Technologies was founded in 2020 and is based in Arvada, Colorado.

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Buyer(S) 1

Buyer

Crest Rock Partners

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2019
Size Small
Type Sector Agnostic
DESCRIPTION

Crest Rock Partners is a private equity firm that looks to acquire and invest in businesses that can benefit from an operationally focused investor. The Firm will consider a variety of investment situations including corporate divestitures, companies in transition, buyouts, recapitalizations, and growth capital financings. Crest Rock can invest across the capital structure and seeks to commit $15 to $60 million per investment. Sectors of interest include software, technology, business services, manufacturing, and industrial. Crest Rock Partners was formed in 2019 and is headquartered in Denver, Colorado.

DEAL STATS #
Overall 3 of 9
Sector (Business Services) 1 of 1
Type (Consolidation) 1 of 2
State (Colorado) 1 of 1
Country (United States) 2 of 7
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-17 Unbounce

St. Vancouver, British Columbia, Canada

Unbounce is a provider of conversion optimization tools and technology for marketers that help small and mid-size businesses (“SMBs”) optimize conversions and accelerate growth. Unbounce was formed in 2009 and is based in St. Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 Webair Internet Development

Garden City, New York, United States

Webair Internet Development Co. specializes in the management of complex managed private and hybrid cloud solutions and data protection. The Company provides a full suite of turnkey solutions to its customers, including managed cloud, Disaster-Recovery-as-a-Service (“DRaaS”), Backups-as-a-Service (“BaaS”), infrastructure management, colocation, and other ancillary network services. Webair’s comprehensive, customizable service offerings provide enterprises with tailored solutions that are optimized for their bespoke workload needs. Webair Internet Development Co. was founded in 1998 and based in Garden City, New York.

Buy -
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