Bunker Hill Capital, a leading Boston-based private equity investor in lower middle market companies, announced today the sale of its portfolio company, Rizing (or the “Company”), to One Equity Partners. Rizing is a privately held international company that provides leading SAP functional and technical consulting services to its customers.
Rufus Clark, a Managing Partner of Bunker Hill Capital, stated, “We are grateful to all who have made Rizing such a successful company, and in particular to Mike Maiolo and Carl Graves, who provided the leadership to integrate three separate global businesses. We would also like to congratulate Luc Hédou, Steve Hatcher, and Tom Dey, co-founders of the original companies, who have committed to continue to help grow Rizing.”
Mark DeBlois, a Managing Partner of Bunker Hill Capital, added, “Together with an excellent management team, we built an SAP-centric consulting business through a combination of acquisitions and organic growth into one of the leading SAP consulting firms with 14 offices around the world.”
Mike Maiolo, CEO of Rizing, said, “We are very appreciative of Bunker Hill Capital and all they did to help us grow Rizing into the leading global SAP company that it is today. The partners at Bunker Hill created a solid strategic framework while providing the right level of autonomy for us to successfully drive positive results.”
Carl Graves, CFO of Rizing, commented, “The Bunker Hill team was a true value-added partner and built a collaborative relationship with our team right from the beginning. They took the time to understand our business and industry in order to provide a deep and comprehensive partnership with the Rizing management team.”
About Rizing
Headquartered in Stamford, CT, Rizing is a privately held international company that provides leading SAP functional and technical consulting services to its customers. Rizing is the parent company of Vesta Partners, a leading SAP EAM services firm; and /N SPRO, which is a top SAP HCM, SuccessFactors and SAP for Retail services firm. The Rizing businesses provide leading specialty SAP consulting services through deep industry experience and a proprietary approach to service delivery and use of IP tools. For more information, please visit www.rizing.com.
About Bunker Hill Capital
Bunker Hill Capital is a private equity firm that makes investments in lower middle market companies with enterprise values up to $120 million. The principals of Bunker Hill Capital have invested over $570 million in 36 transactions and target opportunities across four industry sectors including industrial products, business services, consumer products and specialty retail. Bunker Hill Capital’s current portfolio company investments include Dyno, the exclusive licensee of the Singer brand for sewing accessories and producer and marketer of holiday decorative home products; Hubbardton Forge, a Vermont based premier designer and manufacturer of branded hand-forged premium lighting fixtures; Specialty Brands Holdings, a holding company for two restaurant brands; Medicinal Genomics, a microbial detection testing services company; ASPEQ Heating Group, a manufacturer of highly engineered electric heating and thermal management technologies; and Taos, a California based IT infrastructure consulting and managed services firm. For more information on Bunker Hill Capital, please visit www.bunkerhillcapital.com.