Articles from Century Park Capital Partners

Total Access Elevator (Total Access), a portfolio company of Century Park Capital Partners (Century Park), announced today the successful acquisition of TRE Elevator (TRE), a respected independent provider of elevator maintenance, repair, modernization, and installation services. This partnership expands Total Access Elevator’s market presence and service capabilities in Southern California, reinforcing the company’s commitment to delivering best-in-class customer service.

Total Access Elevator (Total Access) has acquired LA Elevator, a respected independent provider of elevator maintenance, repair, and modernization services. This acquisition strengthens Total Access’s presence across key Los Angeles neighborhoods and enhances its ability to deliver responsive, high-quality service.

Century Park Capital Partners, a Los Angeles-based private equity firm, is pleased to announce that its portfolio company, NCP Coatings LLC, has acquired Glyptal Inc., a long-standing manufacturer of high-performance insulating enamel technologies serving the electrical and automotive sectors.

Nova Advisory, a portfolio company of Century Park Capital Partners and a leading OneStream Diamond Partner and financial advisory consultancy, is pleased to announce the acquisition of TLC Technologies, a highly regarded Platinum OneStream implementation partner based in Bethlehem, Pennsylvania.

Total Access Elevator (Total Access) announced today the successful acquisition of Vertical Elevator Solutions (Vertical), a respected independent provider of elevator maintenance, repair, and modernization services. This acquisition enhances Total Access Elevator’s market presence in Ventura County and Los Angeles, bolstering service capabilities and expanding geographic reach.

Century Park Capital Partners is excited to announce the addition of Nat Bacon to its deal team. Nat will play a key role in the firm's continued growth and success. He will be responsible for sourcing and leading recapitalizations and buyout transactions, as well as managing and monitoring investments in Century Park’s portfolio.

Century Park Capital Partners (“Century Park”) is pleased to announce that International Business Machines Corporation (“IBM”) (NYSE: IBM) has entered into a definitive agreement to acquire its portfolio company, Accelalpha, Inc. (“Accelalpha”). The transaction is expected to close in Q4 2024, subject to customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed.

CJ Pony Parts announced today that it is partnering with American Powertrain, a branded market leader in transmission kits for various classic vehicle applications. This expanded platform will allow CJ Pony to grow its portfolio of in-house proprietary brands, a key pillar in CJ Pony’s growth strategy, while providing American Powertrain access to CJ Pony’s e-commerce expertise and resources.

Century Park Capital Partners (“Century Park”) is pleased to announce it has completed a majority recapitalization of Total Access Elevator, LLC (“Total Access Elevator”, “Total Access”, or the “Company”) in partnership with the Company’s management team and founders. Headquartered in Santa Fe Springs, CA, Total Access Elevator is a leading provider of commercial elevator modernization, maintenance, and repair services in the greater Los Angeles Area. The Company was founded in 2008 and has been owner-operated since inception, with all four of the Company’s owners currently active in the day-to-day management of the business. Each of the Company’s four owners will be retaining an ownership position and will continue to be actively involved in the business going forward.

MCCi, a leading business process automation company and a portfolio company of Century Park Capital Partners, has acquired GovBuilt, a low-code/no-code case management platform specifically built for government agencies to provide citizens with a one-stop experience for multiple use cases. This announcement follows MCCi’s recent recognition as a GovTech100 company for 2023, reaffirming the company’s commitment to delivering cutting-edge services to its clients. This acquisition of GovBuilt will undoubtedly strengthen MCCi’s portfolio and reinforce its position as a leader in GovTech.

Pivotal Drive, a portfolio company of Century Park Capital Partners, has announced the successful completion of its strategic merger with Nova CPM, a OneStream Platinum Partner. The merger strengthens Pivotal Drive's already impressive momentum within the OneStream ecosystem, positioning it for further growth and success.

Accelalpha, a portfolio company of Century Park Capital Partners, announced today that is has completed the acquisition of Frontera Consulting, a leader in implementation and management of Oracle Cloud applications. The combination expands the geographic reach of both firms’ consulting services and managed services, while broadening their solution delivery capabilities and industry expertise.

Century Park Capital Partners is pleased to announce the recapitalization of NCP Coatings, Inc. (“NCP” or the “Company”). Headquartered in Niles, MI, NCP develops and manufactures technologically advanced performance coatings solutions for the military, industrial, commercial, and forestry end markets. NCP marks the third platform and eleventh overall investment by Century Park in the Specialty Chemicals sector.

Accelalpha, a portfolio company of Century Park Capital Partners, announced today that it has completed its acquisition of LogistiChange to expand its Oracle cloud application consulting services to South America. This is a major step in the company’s drive to expand its capability to deliver comprehensive, transformational Oracle cloud solutions for its customers, globally. The acquisition also strengthens Accelalpha’s post implementation services for Oracle cloud applications.

Century Park Capital Partners (“Century Park”) is pleased to announce that it has completed the sale of Covercraft Industries (“Covercraft”) to Audax Private Equity.

Accelalpha, a portfolio company of Century Park Capital Partners, announced that it has completed its acquisition of Key Performance Ideas (KPI), a leader in the implementation and management of Oracle Enterprise Performance Management (EPM) solutions. This is an important step in Accelalpha’s undertaking to expand its capabilities to deliver comprehensive, holistic, and integrated Oracle Cloud solutions. The acquisition also strengthens Accelalpha’s multi-pillar Oracle Cloud managed services offering.