Investment Summary

WestView Capital Partners, FFL Partners and New Mountain Capital Invest In ALKU

On December 21, 2015, private equity firms WestView Capital Partners, FFL Partners and New Mountain Capital invested in business services company ALKU

Investment Highlights
  • This is WestView Capital Partners’ 7th, FFL Partners’ 2nd and New Mountain Capital’s 5th transaction in the Business Services sector.
  • This is WestView Capital Partners’ 27th, FFL Partners’ 30th and New Mountain Capital’s 32nd transaction in the United States.
  • This is WestView Capital Partners’ 4th, FFL Partners’ 3rd and New Mountain Capital’s 2nd transaction in Massachusetts.

Investment Summary

Date 2015-12-21
Target ALKU
Sector Business Services
Investor(s) WestView Capital Partners
FFL Partners
New Mountain Capital
Deal Type Growth Capital
Advisor(s) Fairmount Partners (Financial)
Blank Rome (Legal)

Target

ALKU

Andover, Massachusetts, United States
ALKU is a specialized consulting services firm, focused on deploying highly skilled consulting resources in the areas of ERP, Health Care IT, Life Sciences, and Government Programs and Information Security. ALKU was founded in 2008 and is based in Andover, Massachusetts.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 3

Investor

WestView Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 2.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

WestView Capital Partners is a private equity firm focused on investing in lower middle-market companies. WestView looks to commit between $20 and $100 million in a variety of recapitalization, growth financing, buyout and consolidation transactions. Prospective companies generally exhibit consistent growth and financial performance as well as sustainable competitive advantages and market position. Sectors of interest include business services, industrial and manufacturing, distribution and logistics, consumer products and retail, healthcare services, environmental services, and media/publishing. The Firm's geographic preference is North America. WestView Capital Partners was formed in 2004 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 27 of 56
Sector (Business Services) 7 of 12
Type (Growth Capital) 10 of 29
State (Massachusetts) 4 of 5
Country (United States) 27 of 56
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 Park Place Technologies

Cleveland, Ohio, United States

Park Place Technologies is a third-party maintenance (TPM) provider that offers organizations an alternative to post-warranty storage, server and networking hardware maintenance and support in the data center. Park Place Technologies supports EMC, Dell, IBM, Cisco, Hitachi, NetApp, HP, Sun/Oracle and other data center hardware equipment in over 70 countries. Park Place Technologies was founded in 1991 and is based in Cleveland, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Advanced Technology Services

Peoria, Illinois, United States

Advanced Technology Services, Inc. provides a comprehensive set of outsourced maintenance services designed to help manufacturing and other commercial enterprises maximize the utilization and extend the useable life of their factory production equipment and technology assets. Advanced Technology Services was formed in 1985 and is based in Peoria, Illinois.

Sell -
Investor

FFL Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 5.4B USD
Size Mega
Type Sector Focused
DESCRIPTION

FFL Partners (formerly known as Friedman Fleischer & Lowe) is a private equity group focused on majority and minority investments in North American middle-market companies. Prospective businesses generally have revenues of $30 to $400 million and are valued between $50 and $300 million. Target situations include ownership restructurings in closely-held and family-owned companies, management buyouts, PIPEs, growth equity fundings, take privates, special situations, and recapitalizations. Sectors of interest include outsourced business services, education and training, marketing and media, consumer products, healthcare, and financial services. FFL Partners was formed in 1997 and is based in San Francisco.


DEAL STATS #
Overall 33 of 53
Sector (Business Services) 2 of 2
Type (Growth Capital) 9 of 17
State (Massachusetts) 3 of 3
Country (United States) 30 of 49
Year (2015) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Interactive Health Solutions

Schaumburg, Illinois, United States

Interactive Health Solutions (IHS) is a provider of comprehensive corporate health management and preventive wellness programs. Its services and tools use biometric data and a health risk assessment to evaluate employees’ personal health levels and develop customized programs with specific improvement goals for individual employees. Interactive Health Solutions was founded in 1992 and is based in Schaumburg, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Crisis Prevention Institute

Milwaukee, Wisconsin, United States

Crisis Prevention Institute is a training organization specializing in the safe management of disruptive and assaultive behavior. CPI's training reduces the frequency and impact of incidents resulting from aggressive behavior in the workplace, improve professionals' confidence levels, help customers comply with regulatory requirements, and create a safer environment for all involved. Crisis Prevention Institute was founded in 1980 and is based in Milwaukee, Wisconsin.

Buy -
Investor

New Mountain Capital

New York, New York, United States

Category Private Equity Firm
Founded 2000
PE ASSETS 35.0B 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 2000 and is based in New York City.


DEAL STATS #
Overall 36 of 95
Sector (Business Services) 5 of 10
Type (Growth Capital) 4 of 16
State (Massachusetts) 2 of 4
Country (United States) 32 of 90
Year (2015) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-18 Equian

Indianapolis, Indiana, United States

Equian LLC is a healthcare information services company focused on lowering the cost of care by eliminating waste. Equian was founded in 1987 and is based in Indianapolis, Indiana.

Buy $225M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 Careismatic Brands

Chatsworth, California, United States

Careismatic Brands is a designer, marketer, and distributor of high-quality uniforms, footwear and accessories to retailers. The company manufactures products through multiple brands. Careismatic Brands was founded in 1995 and is based in Chatsworth, California.

Buy -