Puerto Rico M&A Transactions

Island Finance is a consumer-finance company based in Puerto Rico that provides personal loans and real estate-secured lending to individuals via a network of branches across the island. Island Finance was formed in 1959 and is headquartered in San Juan, Puerto Rico

VRM Penzini Capital LLC
Investor
www.vrmpenzini.com

J.C. Flowers & Co.
Investor
Private Equity Firm
New York, New York
www.jcfco.com

Validation & Engineering Group provides commissioning, qualification, and validation ("CQV") services to the pharmaceutical and life sciences industries. The Company's foothold in pharmaceutical manufacturing and CQV services, coupled with its highly specialized engineering talent, offer immediate synergies with Pinnaql's current specialization in laboratory validation and quality assurance. Validation & Engineering Group is based in Guaynabo, Puerto Rico.

Pinnaql
Company
Business Services
Malvern, Pennsylvania
www.pinnaql.co

TPI is a specialty manufacturer of precision thermoplastic injection-molded components. TPI was founded in 1992 and is based in Anasco, Puerto Rico.

UFP Technologies
Company
Packaging
Newburyport, Massachusetts
www.ufpt.com

CMRC is a high-performing clinical research company that combines deep clinical and public health expertise. It consistently exceeds pediatric and adult Phase II–IV enrollment targets while sustaining a 90 percent retention rate in vaccines, early Alzheimer's disease, rheumatology, migraine, and more. CMRC is based in San Juan, Puerto Rico.

Headlands Research
Company
Life Science
Lake Worth, Florida
www.headlandsresearch.com

Maddox Industries is a design and implementation firm dedicated to advancing electric vehicle initiatives, offering strategic guidance, technical expertise, and market insights to stakeholders across the EV ecosystem.” Maddox Industries was founded in 2021 and is based in Humacao, Puerto Rico.

Envirotech Vehicles
Company
Automotive
Houston, Texas
www.evtvusa.com

Argentis Consulting specializes in IT consulting, offering solutions like business intelligence, CRM, project management, and software development, focusing on manufacturing, retail, pharma, and finance sectors. Argentis Consulting was founded in 2008 and is based in San Juan, Puerto Rico.

Seidor
Company
Information Technology
Barcelona, Spain
www.seidor.com

FDI Clinical Research is a multi-specialty research organization specializing in Phase I-IV trials across endocrine and metabolic conditions, immunology, hepatology, infectious diseases, oncology, respiratory, and rheumatology. FDI Clinical Research was founded in 2002 and is based in San Juan, Puerto Rico.

Alcanza Clinical Research
Company
Life Science
Lake Mary, Florida
www.alcanzaclinical.com

Nave Holdings is a bank holding company of Nave Bank, a first digitally-focused bank. Nave Holdings is based in San Juan, Puerto Rico.

BayBoston Managers
Investor
Private Equity Firm
Newton Centre, Massachusetts
www.bayboston.com

Sachs Chemical is a chemical distributor serving the Puerto Rico and Caribbean markets. The company provides its clients with all of their product needs while focusing on high quality, timely deliveries, and excellent service. Its facilities include seven delivery trucks and two warehouses that combine to 90,000 square feet located in Caguas and Carolina, Puerto Rico. Sachs Chemical was formed in 1986 and is headquartered in Caguas, Puerto Rico.

IMCD
Company
Chemicals
Rotterdam, Netherlands
www.imcdgroup.com

Paciv provides unparalleled control systems, instrumentation, and regulatory compliance services to the biotechnology, pharmaceutical, medical device, water / wastewater, food and beverage, energy, and other process industries in a cost-effective manner. Paciv was founded in 1997 and is based in San Juan, Puerto Rico.

Blackford Capital
Investor
Private Equity Firm
Grand Rapids, Michigan
www.blackfordcapital.com
Advisors: Varnum , Grant Thornton Transaction Advisory

HCAP Partners
Investor
Growth Capital Firm
La Jolla, California
www.hcap.com

Supreme Optimization is a digital marketing agency focused exclusively on the life sciences industry. The company helps clients accelerate growth through digital transformation by providing digital strategy, paid advertising, paid social, and website development services. Supreme Optimization was founded in 2015 and is based in San Juan, Puerto Rico.

Trinity Hunt Partners
Investor
Private Equity Firm
Dallas, Texas
www.trinityhunt.com
Advisor: Katten Muchin Rosenman

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

CDI Laboratories is the nextGen proteomics company, a result of intensive efforts and advances made by synthetic biologists at the Johns Hopkins University School of Medicine. The company was created by scientists for scientists to address critical needs required accelerate research, advance discoveries, and translate these discoveries into novel products and services that improve human health. CDI Laboratories is based in Mayaguez, Puerto Rico.

The BroadOak Fund
Investor
Growth Capital Firm
Bethesda, Maryland
www.broadoak.com

Wovenware is a design-driven software firm that delivers custom and patented AI, computer vision, and other digital transformation solutions and services that create measurable value for customers. Through its nearshore capabilities, the company has become the partner of choice for organizations needing to re-engineer their systems and processes to increase profitability, boost user experience, and seize new market opportunities. It leverages a multidisciplinary team of world-class experience designers, software engineers, data scientists, and data specialists to create solutions for cloud transformation, advanced AI innovation, and application modernization. Wovenware is headquartered in San Juan, Puerto Rico.

Vantor
Company
Information Services
Westminster, Colorado
www.vantor.com

Rock Solid is a software and IT services company recognized as one of the top software engineering companies in Puerto Rico, the United States, and Latin America. Rock Solid was recently selected to provide Respond, a citizen services software (311), for the cities of New Orleans, LA, and Winston-Salem, NC. New Orleans joins the list of cities where Rock Solid Technologies has a presence. In addition, the city of Burlington in Ontario, Canada, and more than thirty-five municipalities in Puerto Rico use the RESPOND tool as their platform to offer residents the ability to report issues and open requests for citizen services. Rock Solid was founded in 1994 and is based in San Juan, Puerto Rico.

Granicus
Company
Internet Software and Services
Denver, Colorado
www.granicus.com
Advisor: Shea & Company

Strattam Capital
Investor
Private Equity Firm
Austin, Texas
www.strattam.com

ISM is a distributor of food service and janitorial sanitation products.

Imperial Dade
Company
Distribution
Jersey City, New Jersey
www.imperialdade.com

Interboro offers solutions and services to optimize the administration of human resources. The company offers consulting services and support for: the management of time and attendance, payroll processing, and every aspect of the administration of Human Resources. Interboro was formed in 1934 and is based in San Juan, Puerto Rico.

UKG
Company
Internet Software and Services
Lowell, Massachusetts
www.ukg.com