Growth Capital Transactions in Illinois

ELM Utility Services provides underground utility locating and infrastructure-management services to utility operators. Their work includes precise subsurface locating, digital mapping of utilities, gas leak surveys, meter services (like build, change-outs, shut-offs), and pipeline inspections. They also support broader infrastructure needs by integrating cloud-based workflows and real-time data for utility maintenance. ELM was founded in 1998 and is based in Peoria, Illinois.

Tiger Infrastructure Partners
Investor
Private Equity Firm
New York, New York
www.tigerinfrastructure.com

FSS Technologies provides security, fire protection, video surveillance, and monitoring solutions for residential and commercial customers. The Company designs, installs, and services systems that support safety and property protection needs for clients across the Chicago, Detroit, and South Bend metro areas. FSS Technologies was founded in 1970 and is based in Arlington Heights, Illinois.

Lightview Capital
Investor
Private Equity Firm
West Palm Beach, Florida
www.lightviewcapital.com

Sligo AI provides enterprise-grade infrastructure that enables procurement teams to design, deploy, and manage custom AI agents tailored to their unique requirements while maintaining complete data sovereignty. The platform deploys entirely within customer networks, supports all model deployment types, and integrates with existing enterprise systems without exposing sensitive data. This foundational capability has created Agentic Enterprise Procurement (AEP) – a new category where autonomous agents reconstruct procurement processes from the ground up, eliminating manual orchestration while preserving enterprise control. Sligo AI is based in Naperville, Illinois.

SpendHQ
Company
Software
Atlanta, Georgia
www.spendhq.com

Rabine Doors & Docks provides mission-critical commercial door, dock, and security solutions to industrial, commercial, and retail customers. Rabine Doors & Docks is based in Elk Grove Village, Illinois.

North Branch Capital
Investor
Private Equity Firm
Oak Brook, Illinois
www.northbranchcap.com
Advisor: XLCS Partners

Kluber Architects + Engineers is an integrated, values-driven architectural and engineering firm with in-house architects, structural, electrical, and mechanical engineers. Kluber Architects + Engineers was founded in 1988 and is based in Aurora, Illinois.

Signal Hill Equity Partners
Investor
Private Equity Firm
Toronto, Ontario
www.signalhillequity.com
Advisor: Taft Stettinius & Hollister

DPH is focused on developing and commercializing biological plant nutrition and crop protection products. It offers products that help improve soil health and boost yields for major U.S. crops such as corn and soybeans, in addition to fruit and vegetable crops. It collaborates with strategic external partners to develop and distribute products that meet market needs for different regions and crop characteristics. DPH is based in Princeton, Illinois.

Sumitomo
Company
Distribution
Tokyo, Japan
www.sumitomocorp.com

AG&E is a structural engineering firm for mission critical, aviation, and advanced manufacturing. AG&E was founded in 2004 and is based in Naperville, Illinois.

Liftout Capital
Investor
Private Equity Firm
Denver, Colorado
www.liftoutcapital.com

DUDE Wipes is a manufacturer of toilet paper. DUDE Wipes was founded in 2011 and is based in Chicago, Illinois.

TSG Consumer Partners
Investor
Private Equity Firm
Stamford, Connecticut
www.tsgconsumer.com
Advisors: Ropes & Gray , Lazard

Neocol is a Salesforce and AI-focused consulting firm that helps enterprises streamline sales, operations, and finance processes across the revenue lifecycle. Neocol was founded in 2003 and is based in Chicago, Illinois.

Shamrock Capital Advisors
Investor
Private Equity Firm
Los Angeles, California
www.shamrockcap.com
Advisor: Willkie Farr & Gallagher

Intermatic is a manufacturer of lighting control and energy management solutions for electrical, pool and spa, HVAC/R and OEM markets. Intermatic values ensure quality products, technical expertise and attentive service. Intermatic is based in Libertyville, Illinois.

MPE Partners
Investor
Private Equity Firm
Cleveland, Ohio
www.mpepartners.com
Advisor: Jones Day

Brycer provides inspection, testing, and maintenance (“ITM”) compliance software for fire prevention bureaus, water municipalities, state building departments, and other regulatory organizations. The Company’s flagship product, The Compliance Engine, equips Authorities Having Jurisdiction (“AHJs”) – such as fire prevention bureaus, water municipalities, and state building departments – to efficiently collect, manage and track ITM reports for all commercial properties in their respective governing areas. Brycer was formed in 2011 and is based in Warrenville, Illinois.

TA Associates
Investor
Private Equity Firm
Boston, Massachusetts
www.ta.com
Advisors: Goodwin Procter , Deloitte

LightMart is a value-added distributor of outdoor industrial and commercial lighting products and accessories. LightMart is based in Lake Zurich, Illinois.

Tonka Bay Equity Partners
Investor
Private Equity Firm
Minnetonka, Minnesota
www.tonkabayequity.com

USDTL offers a broad suite of forensic testing capabilities. USDTL provides substance abuse toxicology services worldwide for healthcare facilities, child protection agencies, the Department of Defense, legal services, research, businesses, and analytical and forensic laboratories. USDTL was founded in 1991 and is based in Des Plaines, Illinois.

Northlane Capital Partners
Investor
Private Equity Firm
Bethesda, Maryland
www.northlanecapital.com

Stellus Capital Management
Investor
Private Equity Firm
Houston, Texas
www.stelluscapital.com

Apollo Care develops and deploys patient access and analytics solutions through purpose-built technology to help pharmaceutical brands address commercial challenges. It delivers integrated solutions that drive growth, optimize gross-to-net costs, and improve patient outcomes. Apollo Care is based in Chicago, Illinois.

Flexpoint Ford
Investor
Private Equity Firm
Chicago, Illinois
www.flexpointford.com

Seedbox Solution is a full-service provider of reusable packaging and fleet management solutions to the seed industry. Seedbox Solution is based in Good Hope, Illinois.

Granite Creek Partners
Investor
Private Equity Firm
Chicago, Illinois
www.granitecreek.com

Plasticade offers a broad portfolio of products, including barricades, channelizers, signage, and speed bumps, to maximize safety for the public and workers in construction areas. It also offers MASH-approved roadway work zone products, recycled rubber traffic and safety products, and innovative signage solutions for business advertising and promotion. Plasticade was founded in 1954 and is based in Des Plaines, Illinois.

Radial Equity Partners
Investor
Private Equity Firm
New York, New York
www.radialequity.com