Mid-market private equity firm Mountaingate Capital has completed a deal for digital strategy and product studio RevUnit.
The digital consultancy, which was founded in 2012, provides strategy and tech solutions centered around operational transformation, aiming to help clients overcome obstacles of scale, complexity, and innovation.
Mountaingate’s buyout represents the seventh deal from its debut fund, which closed well above target on $395m two years ago.
The firm targets investments in new platform companies with EBITDA of between $5m and $25m.
Bennett Thompson, managing director at Mountaingate, said, “We are very excited to partner with RevUnit’s deep and passionate leadership team.
“RevUnit is a forward-thinking leader in helping clients digitally transform operations to make significant progress in productivity, efficiency and employee engagement.
“Many companies claim to focus on their customer, but I’ve seldom seen a business that partners so seamlessly with its customers. RevUnit truly lives its mission to help enterprises transform.”
RevUnit was advised by Equiteq and law firm Hogan Lovells, while Mountaingate was advised by law firm Kirkland & Ellis. CIBC Bank USA provided additional financing for the transaction.
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