{{Short description|Chicago-based private equity firm}} {{Multiple issues| {{Promotional|date=July 2024}} {{More citations needed|date=July 2024}} {{Self-published|date=July 2024}} }} {{Infobox company | logo = CIVC Partners logo.png | name = CIVC Partners | type = Private Ownership | key_people = | foundation = {{start date and age|1970}} | location = Chicago, Illinois, United States | industry = Private Equity | products = Private equity funds | assets = $1.8 billion | homepage = {{URL|https://www.civc.com/}} }}
'''CIVC Partners,''' previously known as Continental Illinois Venture Corporation, is a Chicago-based private equity firm.
CIVC Partners provides growth and buyout capital to middle-market companies engaged in business services, utility and infrastructure services, facility services, transportation & logistics, outsourced services, environmental services, IT services, software & tech-enabled services, insurance services, compliance and risk management, digital marketing services and financial technology.<ref>{{Cite web |title=Sector Focus |url=https://www.civc.com/sector-focus/}}</ref>
== History == The firm's predecessor was established in 1970 as a subsidiary of Continental Illinois National Bank and Trust Company. When Continental Illinois was acquired in 1994 by Bank of America, the CIVC team formed a semi-independent private equity firm, CIVC Partners, with backing from Bank of America. Today, CIVC is an independent middle-market private equity firm with a diverse group of L.P. investors, and recently raised its seventh fund.
CIVC's major investments from the past and present include: Crest Insurance Group, a leading insurance brokerage; Magna Legal Services, a legal support services firm; KPA, an EHS compliance management software company; The Brickman Group, a commercial landscaping company; Thermo Fluids, an environmental services company; Stoneridge Insurance Brokers, an insurance brokerage and managing general agent; EN Engineering, a utility/power/energy focused engineering company; PowerTeam Services, a provider of infrastructure services to the gas and electric utility industry; Ground Penetrating Radar Systems (GPRS), a nationwide provider of private utility locating and concrete scanning services; LA Fitness, a leading operating of full service fitness clubs throughout the US; and Wintrust Financial Corporation, a regional bank holding company.<ref>{{Cite web|url=https://www.civc.com/portfolio/|title = Portfolio}}</ref>
CIVC Partners acquired Colorado-based database and analytics service provider in January 2024.<ref>{{Cite web |last=Dorbian |first=Iris |date=2024-01-16 |title=CIVC Partners snaps up data managed services firm Datavail |url=https://www.pehub.com/civc-partners-snaps-up-data-managed-services-firm-datavail/ |access-date=2025-03-16 |website=PE Hub |language=en-US}}</ref>
==References== {{Reflist}}
==External links== *{{Official website}}
{{Private equity firms}}
Category:Financial services companies established in 1970 Category:Private equity firms of the United States Category:Companies based in Chicago
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