M&A Deal Summary

Longshore Capital Partners Acquires Centaris

On June 1, 2025, private equity firm Longshore Capital Partners acquired information technology company Centaris from Peninsula Capital Partners

Acquisition Highlights
  • This is Longshore Capital Partners’ 1st transaction in the Information Technology sector.
  • This is Longshore Capital Partners’ 10th transaction in the United States.
  • This is Longshore Capital Partners’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2025-06-01
Target Centaris
Sector Information Technology
Buyer(s) Longshore Capital Partners
Sellers(s) Peninsula Capital Partners
Deal Type Secondary Buyout

Target

Centaris

Sterling Heights, Michigan, United States
Centaris is a provider of information technology and telephony services, primarily to small- and medium-sized enterprises. The Company was formed via the simultaneous acquisition and merger of two successful businesses. Centaris is based in Sterling Heights, Michigan.

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Buyer(S) 1

Buyer
DESCRIPTION

Longshore Capital Partners is a private investment firm focused principally on the services sector. The Firm targets control positions in profitable ($5 to $15 million of EBITDA) lower middle-market companies with up to $100 million in revenue and will consider opportunities throughout North America. Longshore prefers companies with growth and high levels of recurring revenue. Longshore Capital Partners was formed in 2020 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 10 of 11
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 4 of 4
State: Michigan M&A 2 of 2
Country: United States M&A 10 of 11
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 Annuity Health

Westmont, Illinois, United States

Annuity Health is a provider of revenue cycle management services focused on self-pay collections, bad debt recovery and insurance claim resolution services for hospitals, large physician groups, and other healthcare providers. Annuity Health was founded in 1976 and is based in Westmont, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-01 DemandTec

Boston, Massachusetts, United States

DemandTec is an AI-powered retail merchandising technology company that helps retailers and suppliers optimize pricing, promotions, markdowns, and trade fund management while enabling high-fidelity collaboration across the retail–CPG ecosystem. DemandTec was formed in 2000 and is based in Boston, Massachusetts.

Buy -

Seller(S) 1

SELLER

Peninsula Capital Partners

Southfield, Michigan, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1995
PE ASSETS 1.9B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Peninsula Capital Partners is an investment group focused on providing a range of financing solutions to middle-market companies. The Firm is willing to be a minority or control investor and invests across the capital structure. This includes subordinated debt, preferred or common stock. For mezzanine commitments, Peninsula looks to invest $5 to $40 million. For equity transactions, Peninsula looks to invest $2 to $20 million. Peninsula is a generalist investor. Target sectors include manufacturing, industrial service, distribution, consumer products, professional services, retail, applied technology, transportation, food processing and packaging. Peninsula Capital Partners was formed in 1995 and is based in Detroit, Michigan.


DEAL STATS #
Overall 49 of 49
Sector: Information Technology M&A 3 of 3
Type: Secondary Buyout M&A Deals 16 of 16
State: Michigan M&A 5 of 5
Country: United States M&A 46 of 46
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 Trinity Electrical Services

Georgia, United States

Trinity Electrical Services is a provider of specialty electrical contracting services for demanding and/or mission-critical commercial lighting systems with an emphasis on infrastructure applications, including airports/airfields, seaports and sports stadiums. The Company serves a wide variety of commercial, industrial and governmental customers across the Southeast United States.

Buy -