Court Square Acquires Majority Stake in Velosio

Technology & Services

Court Square acquisition of majority stake in Velosio, a portfolio company of Harren


Summary

Court Square Capital Partners (“Court Square”) has recently acquired a majority stake in Velosio, LLC (“Velosio”), a portfolio company of Harren Equity Partners (“Harren”). Terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to Court Square on this transaction.

About

Court Square Capital Partners is a middle market private equity firm with over 40 years’ experience in the industry. Since 1979, Court Square has completed over 245 platform investments, helping founders, families and manager-owners to develop their companies into leaders in their respective markets. Court Square invests in companies that have compelling growth potential in the industrial, business services, healthcare and tech and telecom sectors. Court Square has $7.7 billion of assets under management and is headquartered in New York, New York.

Velosio, LLC operates in the United States, Canada and India, with a team of over 450 business professionals, application consultants and industry experts serving more than 3,000 North American-based clients. Founded in 1991, Velosio delivers fresh ideas and unmatched know-how for cloud, ERP, CRM, business intelligence, office automation and other business solutions. Velosio is headquartered in Dublin, Ohio.

Harren Equity Partners is private equity firm dedicated to the growth and development of industry-leading companies through the creation of strong partnerships. Harren's strategy is to create long-term value by improving operational performance, providing in-depth strategic analysis and executing a plan in partnership with portfolio company executives. Harren is currently investing its fourth fund and seeks investment opportunities of companies with enterprise values ranging from $50 million to $300 million operating in the following industries: manufacturing and distribution, healthcare services, business and technology services and industrial services. Harren is headquartered in Charlottesville, Virginia.
Technology & Services

Court Square acquisition of majority stake in Velosio, a portfolio company of Harren

Date
March 2024
Company
Court Square Capital Partners
Transaction
M&A - Buyside
Sectors
Technology & Services
Verticals
IT Services, Security & Infrastructure
Target Geography
North America
Acquiror Geography
North America

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