Case Study: Confluence Healthcare Partners (CHP) Partners With Timothy Groth MD PC
“We have evaluated over 15 interventional pain companies over the last two years, and Dr. Groth and his team were…
Member Type | Independent Sponsor | Business Broker |
Axial Member Since | 2020 | 2010 |
Headquarters | Seattle, WA | Boise, ID |
Axial Closed Deals | 2 | 4 |
Axial Profile | View Profile | View Profile |
Description: Net Activity, Inc. was founded in 2002 with the goal of providing Internet, Cloud, Voice, Security, and Wireless & Computer Support Services all under one roof. Prior to its acquisition, Net Activity had five locations across the Midwest and Northeast United States. Net Activity is now a Custom Computer Specialists company.
Columbia River Partners (CRP) is a seven-person independent sponsor with a large advisor network and three locations up and down the West Coast. CRP has completed 12 investments since its founding in late 2019, seven of which are active platforms, plus another five add-on acquisitions.
Early in CRP’s second year of membership, the team used Axial to identify a new platform investment: Business Solution Partners. The transaction closed at the start of 2023, and CRP set its sights on finding growth opportunities for its portfolio. The CRP team successfully closed the add-on acquisition of Net Activity in November 2023.
Sector | Technology |
Sub-Sector | IT Services |
Location | Eastern Midwest |
Recommended Buyers | 205 |
Buyers That Received The Deal | 205 |
Buyers That Pursued The Deal | 34 |
Pursuit Rate | 16.59% |
Pursuits By Firm Type | |
Private Equity | 8 |
Independent Sponsor | 6 |
Corporation | 5 |
Holding Company | 4 |
Search Fund | 4 |
Individual Investor | 4 |
Family Office | 3 |