Gainline Capital Partners Bolsters Business Development Team After Successful Fundraising Effort
January 11, 2024 | Gainline News
Today Gainline Capital Partners announced that Terrance Kennedy has joined the firm as its Director of Business Development, overseeing deal origination and sourcing. This announcement follows the successful close of the firm's $400 million second fund, Gainline Equity Fund II LP (Fund II) in 2023.
Gainline Capital Partners Closes $400 Million for Fund II at Hard Cap
July 21, 2023 | Gainline News
Gainline Capital Partners LP ("Gainline"), a value-oriented private equity firm that invests in U.S.-based lower middle-market companies, today announced the successful close of its $400 million second fund, Gainline Equity Fund II LP ("Fund II"). Gainline had targeted $300 million for this fund with a hard cap of $400 million. The $400 million closing marks a 258% increase in the size of Fund II over Gainline Equity Fund LP ("Fund I"), which closed in 2019.
Atlantic Announces New CEO and Executive Management Team
April 26, 2023 | Portfolio News
Atlantic Energy, a leading energy company serving innovative products in deregulated markets, is proud to announce the appointment of a new Chief Executive Officer, Rob Cantrell.
Gainline Capital Partners Completes Sale of Source Advisors
April 07, 2022 | Portfolio News
Gainline Capital Partners ("Gainline") today announced the sale of its portfolio company Source Advisors ("Source") to BV Investment Partners.
R&D Tax Credit Powerhouse Firm Source Advisors Launches New Automated Software Platform
December 08, 2021 | Portfolio News
Source Advisors has launched GOAT.tax, an automated research & development tax credit SaaS platform to service clients across a variety of industries.
Galaxy Universal to Acquire Leading Active Brands And1, Avia, Gaiam and SPRI
October 29, 2021 | Portfolio News
Galaxy Universal, LLC, a portfolio company of Gainline Capital Partners ("Gainline"), announced that it has agreed to acquire the And1, Avia, Gaiam and SPRI brands
Gainline Capital Partners Announces Investment in Atlantic Energy
July 13, 2021 | Portfolio News
Gainline Capital Partners ("Gainline"), announced today that it has made an investment in Atlantic Energy.
Source Advisors Grows Cost Segregation and Energy Solution Divisions with Recent Merger
May 20, 2021 | Portfolio News
Source Advisors has joined forces with Bedford Cost Segregation, an independent professional services firm specializing in cost segregation and innovative tax and energy solutions for the commercial real estate industry.
Gainline Capital Partners announced that it has formed Galaxy Universal LLC
May 06, 2021 | Portfolio News
Gainline Capital Partners ("Gainline"), announced that it has formed Galaxy Universal LLC (“Galaxy” or the “Company”), which aspires to be the leading independent brand owner, producer, sourcing company and brand consultant in the sports and outdoors industry.
Gainline Portfolio Company Source Advisors Continues Growth with Intrepid Advisors Acquisition
January 05, 2021 | Portfolio News
Gainline Capital Partners announces that its portfolio company Source Advisors has acquired Intrepid Advisors, a business consulting firm that offers engineer-driven expertise and consulting services on R&D tax credits for manufacturing and technology companies.
Source Advisors Expands Nationwide Reach with Acquisition
December 08, 2020 | Portfolio News
FORT WORTH, Texas, Dec. 8, 2020 /PRNewswire/ -- Source Advisors, a leading specialized tax consulting firm providing R&D Tax Credit, Cost Segregation, LIFO inventory, §179D and §45L solutions nationwide for more than 37 years, with support from their equity partner Gainline Capital Partners, has acquired Intrepid Advisors, a business consulting firm that offers engineer driven expertise and consulting services on R&D tax credits for manufacturing and technology companies.
Source Advisors Emerges from SourceHOV Tax and Gainline Partnership
June 10, 2020 | Portfolio News
FORT WORTH, Texas, June 10, 2020 /PRNewswire/ -- SourceHOV Tax, a leading specialized tax consulting firm providing R&D Tax Credit, Cost Segregation, LIFO inventory, §179D and §45L solutions for more than 37 years, has rebranded as Source Advisors after management partnered with private equity firm, Gainline Capital Partners, in a carve out transaction earlier this year.
Gainline Capital Partners Announces Acquisition of SourceHOV Tax
March 24, 2020 | Portfolio News
STAMFORD, Conn., March 24, 2020 /PRNewswire/ -- Gainline Capital Partners ("Gainline"), announced today that it has acquired SourceHOV Tax (the "Company") from Exela Technologies, Inc. (NASDAQ:XELA) in a carve out transaction.
Gainline Capital Announces Investment in Core Health & Fitness
February 11, 2020 | Portfolio News
STAMFORD, Conn., Feb. 11, 2020 /PRNewswire/ -- Gainline Capital Partners ("Gainline"), a private equity firm that invests in U.S. based middle market companies, announced today that it has made an investment in Core Health & Fitness ("Core" or the "Company"), a global leader in commercial fitness equipment manufacturing. Financial terms of the transaction were not disclosed.
Integrated Energy Services and MACH Energy Combine to Create Industry Leader
June 24, 2019 | Portfolio News
NEW YORK, OAKLAND, Calif. and STAMFORD, Conn., June 24, 2019 /PRNewswire/ -- Integrated Energy Services ("iES"), the market leading provider of grid relationship management software and demand response services, a portfolio company of Gainline Capital Partners ("Gainline"), announces that it has acquired MACH Energy® ("MACH"), an award-winning energy management and sustainability software platform. Terms of the transaction were not disclosed.
Gainline Capital Partners Raises $155 Million for First Fund
May 06, 2019 | Gainline News
STAMFORD, Conn., May 6, 2019 /PRNewswire/ -- Gainline Capital Partners LP ("Gainline"), a value-oriented private equity firm that invests in U.S.-based lower middle-market companies, today announced the successful close of its $155 million debut fund, Gainline Equity Fund LP ("Fund I").
Integrated Energy Services Selected by NYISO for Distributed Energy Resource Pilot Program
July 30, 2018 | Portfolio News
NEW YORK, July 30, 2018 /PRNewswire/ -- Integrated Energy Services Corporation ("iES" or the "Company"), a portfolio company of Gainline Capital Partners ("Gainline"), a private equity firm that invests in U.S. based middle market companies, has been selected by NY grid operator NYISO to take part in a Distributed Energy Resource (DER) pilot program designed to improve New York's energy infrastructure. iES is a leading provider of grid relationship management software and demand response services to commercial electricity customers.
Southern Motion acquires Fusion Furniture
June 04, 2018 | Portfolio News
Gainline Capital Partners (“Gainline”) announces that its portfolio company Southern Motion, Inc. (“SoMo”), a domestic producer of upholstered motion furniture, has agreed to acquire Fusion Furniture, Inc. (“Fusion”), a domestic manufacturer of upholstered stationary furniture for the residential furniture market.
Gainline Capital Partners Makes Investment in Integrated Energy Services Corporation
April 26, 2018 | Portfolio News
/PRNewswire/ -- Gainline Capital Partners ("Gainline"), a private equity firm that invests in U.S. based middle market companies, announces that it has made an investment in Integrated Energy Services Corporation ("iES" or the "Company"). The terms of the deal were not disclosed.
Gainline Capital Partners Appoints Kerri McNicholas as Principal and Makes Senior Level Promotions
October 02, 2017 | Gainline News
/PRNewswire/ -- Gainline Capital Partners ("Gainline"), a private equity firm investing in U.S. based middle market companies, is pleased to announce the appointment of Kerri McNicholas as Principal and the promotion of Harry Clouston to Vice President to further strengthen the team as it continues to grow.
Gainline Capital Partners LP to Acquire Southern Motion, Inc.
June 07, 2017 | Portfolio News
PRNewswire -- Gainline Capital Partners LP (Gainline) and upholstered furniture manufacturer, Southern Motion, Inc. (Southern Motion) announces that funds managed by Gainline have entered into an agreement to acquire the company. The terms of the deal were not disclosed.