News

BEDFORD, Mass., September 26, 2018 – Since 2015, Alibaba Cloud and EnterpriseDB (EDB) have partnered on cloud database products that have been brought to market by Alibaba. As part of that initial partnership, Alibaba launched ApsaraDB for PPAS, a relational database as a service based on Alibaba Cloud Apsara architecture and EDB Postgres Advanced Server….

Milestone Partners is pleased to announce that Occasion Brands, the parent company of promgirl.com and simplydresses.com, recently partnered with Kleinfeld Bridal to launch kleinfeldbridalparty.com.  Kleinfeld is one of the largest luxury bridal retailers in the world, whose flagship store in New York City is featured on the hit show Say Yes to the Dress, and…

Radnor, PA, June 7, 2018 – Milestone Partners is pleased to announce that on June 4, 2018 it led the acquisition of RedZone Robotics, Inc. from a group of private shareholders, including ABS Capital Partners. Based in Pittsburgh, PA, RedZone (www.redzone.com) is a technology-enabled solutions business that uses proprietary robots and software tools to provide inspection,…

Radnor, PA, June 6, 2018 – Milestone Partners is pleased to announce that on May 31, 2018 it led the acquisition of mTAB LLC (www.mtab.com). Based in Anaheim, CA and Essex, UK, mTAB provides database services and cloud-based data analytics platforms to enterprise clients in a variety of end markets, including automotive, consumer electronics, insurance and…

2017 was an exceptionally productive year for Milestone Partners, as detailed below. We remain grateful for the support of our limited partners, management teams, financing partners, investment banking partners, operating partners, professional advisors and other friends of the firm, and we are excited to build on these relationships in 2018. Four Sale Transactions Avure Food…

Radnor, PA, September 6, 2015 – PeakEquity Partners (“PeakEquity”) and Milestone Partners (“Milestone”) are actively seeking add-on acquisitions for G5 (www.getg5.com). Based in Bend, OR, G5 is a digital marketing SaaS platform serving a variety of participants in the property management sector, including the multi-family, senior living and self-storage markets. Through its cloud-based platform, G5 simplifies the complexity…

Radnor, PA, August 29, 2017 – Milestone Partners (“Milestone”) is pleased to announce the sale of eCommission Financial Services (“eCommission”) to Lightyear Capital LLC (“Lightyear”).  eCommission is a pioneer in the real estate commission factoring industry, having financed nearly $1 billion in commission advances since its founding in 1999.  Today, the company utilizes proprietary technology and an…

Radnor, PA, August 10, 2017 – Milestone Partners (“Milestone”) is pleased to announce the sale of Precision Partners Holding Company (“Precision Partners”) to AK Steel (NYSE: AKS) on August 4, 2017.  Headquartered in Ontario, Canada, Precision Partners is one of the leading North American providers of complex, highly engineered automotive tooling and hot & cold stamped solutions…

Radnor, PA, July 27, 2017 – Milestone Partners (“Milestone”) is pleased to announce that it closed an equity recapitalization of Occasion Brands (“Occasion Brands” or the “Company”) in partnership with management on June 30, 2017. Occasion Brands is an online technology-enabled, data-driven analytics and procurement platform specializing in providing women’s formal wear and related accessories. Based…

Radnor, PA, April 18, 2017 – Milestone Partners is pleased to announce the sale of Avure Technologies, Inc. to John Bean Technologies Corporation (NYSE:JBT) on February 24, 2017 and the sale of Quintus Technologies AB to Kobe Steel, Ltd. (TSE:5406) on April 5, 2017. Together, these transactions represent the successful realization of Milestone’s 2009 investment in Avure…