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Private Equity
pfingsten.com

Investments

11

Portfolio Exits

21

Funds

8

About 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.

Headquarters Location

151 N. Franklin Street Suite 2150

Chicago, Illinois, 60606,

United States

312-222-8707

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Latest Pfingsten Partners News

Omega Systems Accelerates Strategic Growth with Acquisition of The TNS...

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.

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Pfingsten Partners Investments Activity

investments chart

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

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0

1/14/2005

Portfolio NewCo

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0

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

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Amount

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

1

1

0

0

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

$99M

1

11/10/2022

Acquired

$99M

11

7/8/2022

Acq - Fin - II

$99M

1

4/26/2022

Acquired

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$99M

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10

1/3/2022

Acquired

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$99M

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10

Date

12/8/2022

11/10/2022

7/8/2022

4/26/2022

1/3/2022

Exit

Acquired

Acquired

Acq - Fin - II

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

11

1

10

10

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

$99M

Acq - Fin

1

1/6/2022

$99M

Acq - Fin - II

1

10/20/2021

$99M

Acq - Fin

3

11/26/2019

Other

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$99M

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10

7/23/2019

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$99M

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10

Date

9/7/2022

1/6/2022

10/20/2021

11/26/2019

7/23/2019

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acq - Fin

Acq - Fin - II

Acq - Fin

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Sources

1

1

3

10

10

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

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$99M

10

4/24/2009

Pfingsten Partners Co Investment Fund IV

$99M

10

8/13/2004

Pfingsten Executive Fund III

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$99M

10

8/13/2004

Pfingsten Executive QP Fund III

$99M

10

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

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Status

Closed

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Amount

$382M

$99M

$99M

$99M

$99M

Sources

2

10

10

10

10

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

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Name

Thomas S. Bagley

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Work History

Title

Founder, Managing Director

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Status

Current

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