Investment Summary

Mill Point Capital Invests In Proficium

On March 27, 2024, private equity firm Mill Point Capital invested in communications company Proficium

Investment Highlights
  • This is Mill Point Capital’s 2nd transaction in the Communications sector.
  • This is Mill Point Capital’s 24th transaction in the United States.
  • This is Mill Point Capital’s 1st transaction in California.

Investment Summary
Date 2024-03-27
Target Proficium
Sector Communications
Investor(s) Mill Point Capital
Deal Type Growth Capital

Target

Proficium

Union, California, United States
Proficium specializes in the design, manufacturing, and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers, and enterprise companies. Proficium was founded in 2003 and is based in Union, California.

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Investor(S) 1

Investor

Mill Point Capital

Category Private Equity Firm
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. Sectors of interest include industrial and business services. Mill Point Capital is based in New York City.

DEAL STATS #
Overall 25 of 28
Sector (Communications) 2 of 2
Type (Growth Capital) 5 of 5
State (California) 1 of 2
Country (United States) 24 of 26
Year (2024) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-26 Prime Pensions

Florham Park, New Jersey, United States

Prime Pensions is an independent provider of retirement plan compliance and administration services primarily to small and medium-sized businesses. Prime Pensions is not affiliated with any investment product provider and does not offer investment advice. Prime Pensions is based in Florham Park, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 iQor

Fort Lauderdale,, Florida, United States

iQor is a provider of business process outsourcing and product support services. iQor partners with many of the world's best-known brands to deliver solutions spanning the consumer value chain, from customer care and receivables management to product diagnostics and repair services. iQor was founded in 2007 and is based in Fort Lauderdale, Florida.

Buy -
Mergr

Product

Company

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