Investment Summary

New Mountain Capital Invests In Wipfli

On August 1, 2025, private equity firm New Mountain Capital invested in business services company Wipfli

Investment Highlights
  • This is New Mountain Capital’s 13th transaction in the Business Services sector.
  • This is New Mountain Capital’s 98th transaction in the United States.
  • This is New Mountain Capital’s 2nd transaction in Wisconsin.

Investment Summary

Date 2025-08-01
Target Wipfli
Sector Business Services
Investor(s) New Mountain Capital
Deal Type Growth Capital
Advisor(s) Guggenheim Securities (Financial)
Simpson Thacher & Bartlett
Godfrey & Kahn
Hunton Andrews Kurth (Legal)

Target

Wipfli

Milwaukee, Wisconsin, United States
Wipfli is a provider of tax, audit, accounting and business consulting services. Wipfli was formed in 1930 and is based in Milwaukee, Wisconsin.

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Investor(S) 1

Investor

New Mountain Capital

New York, New York, United States

Category Private Equity Firm
Founded 1999
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 1999 and is based in New York, New York.


DEAL STATS #
Overall 103 of 103
Sector: Business Services M&A 13 of 13
Type: Growth Capital M&A Deals 19 of 19
State: Wisconsin M&A 2 of 2
Country: United States M&A 98 of 98
Year: 2025 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-01 Zep

Atlanta, Georgia, United States

Zep is a manufacturer and marketer of a wide range of high-efficacy maintenance and cleaning solutions for commercial, industrial, institutional, and consumer end-markets under well-known and respected brand names. The breadth of the Zep product portfolio provides customized, superior cleaning and maintenance solutions to a broad customer base including manufacturers, food processors and preparers, restaurants, hospitals, schools, municipalities, government organizations, hotels and car washes. Zep was founded in 1937 and is based in Atlanta, Georgia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-19 OneDigital

Atlanta, Georgia, United States

OneDigital is a pure-play employee-benefits broker in the United States. OneDigital delivers benefits solutions for employers of all sizes through a sophisticated combination of strategic advisory services, proprietary technology, advanced analytics, compliance support, technical innovations and HR capital management tools. OneDigital was founded in 2000 and is based in Atlanta, Georgia.

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