MEMBERS NEWS

Wind Point Partners Acquires FoodScience Corporation Wind Point Partners announced it acquired FoodScience Corporation, a Vermont-based formulator, manufacturer and marketer of high-quality nutritional supplements for humans and pets. The company offers a broad portfolio of nutritional supplements through its brands VetriScience, DaVinci, and Pet Naturals, as well as private label and custom formulation offerings. FoodScience represents Wind Point’s fifth platform acquisition of a family or entrepreneur-owned business in the last 18 months, continuing the firm’s decades-long history of partnering with founders and entrepreneurs to drive further growth and transformation.

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Vista Equity Partners Portfolio Company Acquires Airbrake LogicMonitor, a leading cloud-based infrastructure monitoring and observability platform, announced it acquired Airbrake, a developer-centric application error and performance monitoring company. The acquisition will extend LogicMonitor’s award-winning ITIM platform into developer environments and will enable customers to gain visibility into continuous integration and deployment (CI/CD) workflows while reducing risk to ensure that every code release delivers a flawless customer experience. LogicMonitor is a portfolio company of Vista Equity Partners.

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One Rock Capital Partners Closes Fund III at $2.0 Billion Hard Cap One Rock Capital Partners, LLC announced that it has successfully closed its third flagship private equity fund at its hard cap, with total capital commitments of $2.0 billion. One Rock Capital Partners III, LP (Fund III) marks One Rock’s largest fund to date, surpassing its target of $1.5 billion. As of the final closing of Fund III, One Rock has raised approximately $5 billion of cumulative capital commitments. Fund III’s institutional investor base consists of a diverse set of government and corporate pension plans, insurance companies, health organizations, endowments and foundations, and high net worth families.

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Carrick Capital Partners Announces Growth Recapitalization of Renalogic Carrick Capital Partners announced it made a significant investment in Renalogic, the industry leader in dialysis risk management and cost containment. Renalogic has grown rapidly in recent years as rising healthcare costs associated with chronic kidney disease (CKD) have become increasingly painful for employers. Renalogic takes a holistic approach to reducing risk associated with CKD, offering proven intervention for plans’ highest risk population, member education, patient advocacy, and dialysis cost containment.

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Clearlake and TA Associates to Acquire Data Integrity Software Leader Precisely Precisely, the global leader in data integrity, announced it signed a definitive agreement for Clearlake Capital Group, L.P. and TA Associates to acquire the company. Terms of the transaction were not disclosed. Precisely provides accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100.

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ON THE MOVE

Vista Equity Partners Builds Leadership Ranks Vista Equity Partners announced a series of promotions to build its leadership ranks. Vista’s promotions and recent announcement that Thomas E. Hogan has joined the Flagship Fund as an Operational Managing Director follow a year of strong results for the firm. A total of 17 senior employees earned promotions in December 2020, including the following five individuals who were promoted to leadership positions: Patrick Severson – Senior Managing Director, Foundation Fund; Rod Aliabadi – Managing Director, Flagship Fund; Josh Gray – Operating Managing Director, Endeavor Fund; Rebecca Hu – Managing Director, Office of the CEO; Brent Lanier - Managing Director, Chief Information Officer.

EARNEST Partners Appoints Yugeng Sun and Aaron Kirchoff to Directors EARNEST Partners announced the promotion of Yugeng Sun and Aaron Kirchoff, to Director. Yugeng was instrumental in EARNEST Partners receiving a coveted QFLP license in China. With this promotion, Yugeng will take on additional responsibilities for the leadership and development of EARNEST Partners’ business in China. For seven years, Aaron has been instrumental in building EARNEST Partners’ success by serving client needs and forming new relationships. This promotion puts Aaron in the leadership group at EARNEST Partners with responsibilities for developing external relationships and executing internal initiatives.