Good morning dealmakers, it’s Obey Martin Manayiti with the US edition of the Wire from the New York newsroom.
First, we have an exclusive that Unity Partners has acquired Ampleo, a fractional finance, marketing and HR managed professional services business that primarily targets small- to medium-sized businesses. The growing demand for CFOs has made it harder for small businesses to have full time accountants that will spearhead their businesses. Below, Hannah Inclán, vice-president at Unity Partners details how Ampleo is making the accounting and finance ecosystem accessible to small businesses.
Next, we have some deal news this morning that Harvest Partners agreed to make a growth investment in Med-Metrix, a Parsippany, New Jersey-based provider of technology-enabled revenue cycle management services. I will also highlight our past coverage on the sector.
We will also look at the FTI Consulting’s 2025 Private Equity Value Creation Index survey that highlights priority points for PE investors. As PE firms navigate a more challenging path to returns, FTI Consulting asked more than 500 PE leaders across the world to assess 10 value creation levers across six key dimensions. More on that below.
Finally, the sweltering heat in most parts of the country puts a spotlight on PE backed HVAC investments. I will close with a few stories in the sector, including insights into why the HVAC business is booming for PE investors.
Balancing the books
PE Hub is the first to report thatUnity Partners has acquired Ampleo, aLehi, Utah-based provider of fractional finance, marketing and HR managed professional services business to small- to medium-sized businesses.
Upgrade to the premium version of the Wire to learn more about what Hannah Inclán, vice-president at Unity Partners told PE Hub about opportunities driving this deal.
Over the past year, PE Hub covered a slew of accounting related PE investments. You can read more from these five deals.
Tech-enabled revenue cycle management
Harvest Partners agreed to make a growth investment in Med-Metrix, a Parsippany, New Jersey-based provider of technology-enabled revenue cycle management services.
Premium Wire subscribers will learn more.
For more on the sector, PE Hub recently covered five deals focusing on revenue cycle management (RCM) systems. EQT, Arsenal Capital Partners and New Mountain Capital are among the PE firms backing healthcare revenue cycle management companies.
Survey says…
FTI Consulting today released the 2025 Private Equity Value Creation Index, which found that M&A ranked last among 10 value creation levers. Only 9 percent of the roughly 500 global PE leaders surveyed named M&A their top priority for 2025.
Upgrade to the premium version of the Wire to gain more insights from this report.
Cooling down
Finally, some regions are experiencing extreme heat in the US. This is the right time to have another look at PE investments in HVAC business. Earlier this week, Citation Capital acquired a majority stake in Gallo Mechanical, a New Orleans-based provider of HVAC and plumbing installation and services.
Late last year, PE Hub analyzed about 80 residential and commercial HVAC deals that we covered between 2022 and 2024 and learned that demographic shifts, warmer temperatures, an abundance of targets to implement roll-ups and supersized returns are among the factors attracting investors.
Premium Wire subscribers have access to more.
That’s it from me today. Craig McGlashan will bring you the Europe edition tomorrow, while Rafael Canton will write Wednesday’s US Wire.
Cheers,
Obey
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