Growth Capital Transactions in Indiana

Bar Keepers Friend provides household and commercial cleaning solutions that effectively remove rust stains, mineral deposits, soap scum, tarnish, and other tough stains from a variety of hard surfaces. Bar Keepers Friend was formed in 1882 and is based in Indianapolis, Indiana.

Balance Point Capital Partners LP
Investor
Mezzanine Finance Firm
Westport, Connecticut
www.balancepointcapital.com

Polaris Laboratories specializes in testing and analyzing oils, diesel fuels, coolants, and greases to provide maintenance recommendations that reduce maintenance costs, improve equipment reliability, and minimize unscheduled downtime for customers in the industrial, off-highway, back-up power, transportation, midstream oil, and gas, mining, and marine industries. Polaris Laboratories was founded in 1999 and is based in Indianapolis, Indiana.

Riverspan Partners
Investor
Private Equity Firm
Chicago, Illinois
www.riverspan.com
Advisor: Kirkland & Ellis

Lewis Bakeries provides fresh bakery products to customers in 17 states. Lewis Bakeries is a producer of branded, private label and franchised packaged sliced bread, buns and rolls, primarily for the retail channel. Lewis Bakeries was founded in 1925 and is based in Evansville, Indiana.

One Rock Capital Partners
Investor
Private Equity Firm
New York, New York
www.onerockcapital.com
Advisor: Latham & Watkins

Smash My Trash is a franchisee operating that provides mobile waste compaction to increase capacity in open-top dumpsters, reduce hauling frequency and expenses. Smash My Trash was founded in 2015 and is based in Carmel, Indiana.

Plexus Capital
Investor
Private Equity Firm
Charlotte, North Carolina
www.plexuscap.com

PharmaCord is a pharma services company that serves as a commercialization partner for life sciences organizations to enhance the patient experience. The company's comprehensive solutions support the patient journey for specialty medications through a range of services that raise awareness, facilitate access to treatment, improve affordability, and promote therapy adherence. PharmaCord is based in Jeffersonville, Indiana.

Permira
Investor
Private Equity Firm
London, United Kingdom
www.permira.com
Advisors: Skadden, Arps, Slate, Meagher & Flom , Jefferies

Medical Informatics Engineering is a provider of health IT software and systems for the occupational health market. MIE serves as the innovation engine for business units that serve hospitals and health systems, physician practices, Fortune 500 employers, government agencies, and consumers. The company's web-based health information technology platform is helping physicians, nurses, administrators, and patients make a dent and a meaningful difference in healthcare delivery across the globe. Medical Informatics Engineering was formed in 1995 and is based in Fort Wayne, Indiana.

Serent Capital
Investor
Growth Capital Firm
San Francisco, California
www.serentcapital.com

120Water is a proven, cloud-based water management and testing system used nationally by municipalities and water professionals to manage critical water quality programs. Comprised of end-to-end, integrated software, seamless test coordination and secure data handling, 120Water provides accessible, modern water quality compliance, reporting, and workflow management, empowering regulators and utilities to more effectively oversee all compliance standards while also improving public transparency. 120Water was founded in 2016 and is based in Zionsville, Indiana.

Edison Partners
Investor
Growth Capital Firm
Princeton, New Jersey
www.edisonpartners.com

Mainstream Fiber Networks is a fiber to the premise (fttp) internet service provider that understands the need for affordable, high-speed internet in indiana’s rural communities. Mainstream Fiber Networks is based in Nashville, Indiana.

Searchlight Capital Partners
Investor
Private Equity Firm
New York, New York
www.searchlightcap.com
Advisor: Latham & Watkins

WalkerHughes Insurance is a retail insurance brokerage business that provides commercial lines, personal lines, and employee benefits services, with integrated operations and a proprietary technology system. WalkerHughes Insurance was formed in 2018 and is based in Indianapolis, Indiana.

BW Forsyth Partners
Investor
Corporate Investor
Clayton, Missouri
www.bwforsyth.com
Advisor: Thompson Coburn

Hubstaff is a workforce management SaaS platform that powers time and activity tracking, shift/schedule management, invoicing, and payments. The workforce analytics suite enables businesses to optimize their distributed workforces while providing employees and contractors the visibility needed to have their most productive days. More than 95,000 diverse and global organizations use Hubstaff to support remote, hybrid, and distributed workforces. It provides these customers with the tools they need to effectively manage the unique challenges associated with workforces spread across many geographies and time zones. Hubstaff was formed in 2012 and is based in Fishers, Indiana.

WestView Capital Partners
Investor
Private Equity Firm
Boston, Massachusetts
www.wvcapital.com
Advisor: Latham & Watkins

EarthWay is a manufacturer and innovator of precision lawn & garden products including spreaders, gardening tools, ice control equipment, and related accessories. It serves professional turf managers, master gardeners, snow removal professionals, and chemical applicators across both commercial and consumer sales channels. EarthWay is based in Bristol, Indiana.

Monument Microcap Partners
Investor
Private Equity Firm
Indianapolis, Indiana
www.monumentmicrocap.com

Poseidon Barge is a provider of sectional barges and related equipment for marine infrastructure construction. Poseidon Barge designs, manufactures, sells, and rents a wide range of Poseidon-branded sectional barges and accessories. Poseidon Barge was founded in 1986 and is based in Berne, Indiana.

CenterGate Capital
Investor
Private Equity Firm
Austin, Texas
www.centergatecapital.com
Advisor: McGuireWoods

Ren is an independent philanthropic solutions provider in North America. Ren is a provider of Donor Advised Funds (“DAF”) software and managed services to financial advisors at the largest US financial institutions. Ren delivers custom solutions that include tax expertise, accounting support and impeccable client service, through its’ proprietary cloud computing technology. Ren was founded in 1987 and is based in Indianapolis, Indiana.

Bain Capital Tech Opportunities
Investor
Growth Capital Firm
Boston, Massachusetts
www.baincapitaltechopportunities.com

Valeas Capital Partners
Investor
Private Equity Firm
San Francisco, California
www.valeas.com

Blue Wave is a software-as-a-service (SaaS) business that develops and sells AI-based software to support the nuclear energy industry. The Company's software transforms historical reactor operational data into critical intelligence that helps nuclear operators reduce reactor operating and maintenance costs through improved fuel use optimization, and improved plant capacity factors via the ability to better predict component failure. Blue Wave was founded in 2016 and is based in West Lafayette, Indiana.

Pelican Energy Partners
Investor
Private Equity Firm
Houston, Texas
www.pelicanenergypartners.com
Advisor: Hirschler Fleischer

Studio Science is a modern design consultancy that works with industry-defining enterprise and technology companies to solve business challenges through design. Studio Science was founded in 1998 and is based in Indianapolis, Indiana.

Inoca Capital Partners
Investor
Private Equity Firm
Park City, Utah
www.inocacapital.com

Alacrity Solutions is a provider of outsourced claims management solutions to insurance carriers. Alacrity was formed in 1976 and is based in Fishers, Indiana.

BlackRock LTPC
Investor
Private Equity Firm
New York, New York
www.blackrock.com/institutions/en-us/strategies/alternatives/long-term-private-capital
Advisors: Simpson Thacher & Bartlett , BofA Securities

Kohlberg & Company
Investor
Private Equity Firm
Mount Kisco, New York
www.kohlberg.com
Advisors: Ropes & Gray , Evercore Group , Waller Helms Advisors