PCS is the eighth investment for CapStreet IV, LP, which has $340 million of committed capital.
On July 1, 2019, Willkie client The CapStreet Group completed the acquisition of PCS Software, Inc., a Texas-based company in the business of providing integrated transportation management software for the inland trucking industry. Based in Houston, The CapStreet Group is a private equity firm that invests in growing, lower middle market companies headquartered in Texas and surrounding states. Since 1990, CapStreet has made investments in more than 30 portfolio companies and has completed more than 200 add-on acquisitions for those companies.
The Willkie corporate team was led by partners Bruce Herzog and Angela Olivarez, and included counsel Garrett Johnston and associates David Updegrove and Irene Mmiri Mbah.