Investments
11Portfolio Exits
21Funds
8About Pfingsten Partners
Pfingsten is a private equity firm that offers financial, and advisory solutions to entrepreneur and family-owned companies primarily. It caters to manufacturing and distribution companies and business service sectors. The company was founded in 1989 and is based in Chicago, Illinois.

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Latest Pfingsten Partners News
Jan 9, 2023
Share Article The acquisition fuels growth in Northeast region and fortifies capabilities in managed security, business continuity, cloud services and more "The TNS Group is a valuable extension to our growing presence in the Northeast, and we’re thrilled to welcome them to the Omega family.” READING, Pa. (PRWEB)January 09, 2023 Omega Systems , a portfolio company of Pfingsten Partners and award-winning managed service provider (MSP) and managed security service provider (MSSP), today announced it has acquired The TNS Group, a seasoned IT services provider based in Stamford, CT. The acquisition further expands Omega’s presence in the Northeast region and in key target industries including fintech, healthcare and nonprofit. The TNS Group has been delivering technology, cybersecurity and IT consulting services for more than 25 years and has offices in Stamford, New York City and Fairhaven, MA. Omega’s customer base spans the U.S. and includes more than 700 mid-market and enterprise businesses in financial services, manufacturing, healthcare, nonprofit and state/local government. “The TNS Group is a valuable extension to our growing presence in the Northeast, and we’re thrilled to welcome them to the Omega family,” said Omega Systems Founder & CEO Bill Kiritsis. “There are great synergies between our organizations – both in our corporate cultures and our commitment to customers – and we’re eager to unite and accelerate our efforts to delivering the world-class IT, security and compliance services today’s enterprises require.” “Joining forces with Omega Systems is a meaningful step forward for our company,” said Ami Soifer, co-founder and CEO of The TNS Group. “We found an equally passionate and customer-oriented partner in Omega, and I am excited for our customers to benefit from the additional strength, scale and sophistication their managed services portfolio offers.” TNS marks Omega’s third strategic acquisition in the last 12 months. Omega previously acquired ACE IT Solutions and PICS ITech, both in 2022. The company now has more than 185 total employees and a growing managed services portfolio that includes managed cybersecurity, managed IT compliance, backup and disaster recovery, cloud hosting services, NOC and SOC services and strategic IT consulting.
Pfingsten Partners Investments
11 Investments
Pfingsten Partners has made 11 investments. Their latest investment was in Tempest as part of their Private Equity on December 12, 2022.

Pfingsten Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/13/2022 | Private Equity | Tempest | Yes | 2 | ||
3/15/2021 | Private Equity | Omega Systems | Yes | 1 | ||
9/4/2013 | Private Equity | Allied Reliability Group | Yes | 1 | ||
1/19/2005 | Portfolio Merger | |||||
1/14/2005 | Portfolio NewCo |
Date | 12/13/2022 | 3/15/2021 | 9/4/2013 | 1/19/2005 | 1/14/2005 |
---|---|---|---|---|---|
Round | Private Equity | Private Equity | Private Equity | Portfolio Merger | Portfolio NewCo |
Company | Tempest | Omega Systems | Allied Reliability Group | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 1 |
Pfingsten Partners Portfolio Exits
21 Portfolio Exits
Pfingsten Partners has 21 portfolio exits. Their latest portfolio exit was Quality Valve on December 08, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/8/2022 | Acquired | 1 | |||
11/10/2022 | Acquired | 11 | |||
7/8/2022 | Acq - Fin - II | 1 | |||
Date | 12/8/2022 | 11/10/2022 | 7/8/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin - II | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 11 | 1 |
Pfingsten Partners Acquisitions
36 Acquisitions
Pfingsten Partners acquired 36 companies. Their latest acquisition was Fowler High Precision on September 07, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/7/2022 | Acq - Fin | 1 | ||||
1/6/2022 | Acq - Fin - II | 1 | ||||
10/20/2021 | Acq - Fin | 3 | ||||
11/26/2019 | Other | |||||
7/23/2019 |
Date | 9/7/2022 | 1/6/2022 | 10/20/2021 | 11/26/2019 | 7/23/2019 |
---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | Acq - Fin - II | Acq - Fin | ||
Sources | 1 | 1 | 3 |
Pfingsten Partners Fund History
8 Fund Histories
Pfingsten Partners has 8 funds, including Pfingsten Partners Fund V.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/3/2016 | Pfingsten Partners Fund V | Buyouts & Acquisitions | Closed | $382M | 2 |
4/24/2009 | Pfingsten Partners Fund IV | ||||
4/24/2009 | Pfingsten Partners Co Investment Fund IV | ||||
8/13/2004 | Pfingsten Executive Fund III | ||||
8/13/2004 | Pfingsten Executive QP Fund III |
Closing Date | 3/3/2016 | 4/24/2009 | 4/24/2009 | 8/13/2004 | 8/13/2004 |
---|---|---|---|---|---|
Fund | Pfingsten Partners Fund V | Pfingsten Partners Fund IV | Pfingsten Partners Co Investment Fund IV | Pfingsten Executive Fund III | Pfingsten Executive QP Fund III |
Fund Type | Buyouts & Acquisitions | ||||
Status | Closed | ||||
Amount | $382M | ||||
Sources | 2 |
Pfingsten Partners Team
14 Team Members
Pfingsten Partners has 14 team members, including current Founder, Managing Director, Thomas S. Bagley.
Name | Work History | Title | Status |
---|---|---|---|
Thomas S. Bagley | Founder, Managing Director | Current | |
Name | Thomas S. Bagley | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing Director | ||||
Status | Current |
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