Calfee Client Century Park Capital Partners’ Portfolio Company Nova Advisory Acquires TLC Technologies

Calfee congratulates our client, Century Park Capital Partners (Century Park), and its portfolio company, Nova Advisory, a Washington-based financial advisory consultancy, on acquiring TLC Technologies. 

Nova Advisory is a premier OneStream Diamond Partner specializing in financial advisory, implementation services, and managed services for OneStream’s cloud-based Enterprise Performance Management (EPM) solutions. The firm supports both Fortune 500 and middle-market organizations in deploying scalable, enterprise-wide solutions that drive financial transformation.  

TLC Technologies, based in Pennsylvania, is a trusted OneStream Platinum Partner with a long-standing reputation for excellence in the design, development, and implementation of OneStream EPM software. For over 25 years, TLC has been recognized as a leader in Financial Planning and Analysis (FP&A), with a distinct specialization in driver-based planning solutions through its proprietary methodology, NorthStar.  

Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. They specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. Century Park leverages C-level executive partners in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. 

Calfee represented Century Park and Nova Advisory in this transaction. Calfee’s legal team was led by Corporate and Finance Co-Chair and Partner Brent M. Pietrafese and included Tax Partner Michael K. (Mike) Gall, and Corporate and Finance Associate Attorneys Stephen Carpinello and Tianshu (Allie) Ji. 

Read the full release here. 

With 45+ dedicated attorneys, the Corporate and Finance practice group at Calfee, Halter & Griswold LLP is one of the largest and most prolific in Ohio, handling a significant number of complex and sophisticated business and financial transactions for clients across the country and globally. 

Calfee has a sophisticated and robust Mergers and Acquisitions, Divestitures, and Sales practice, annually consummating 60-75 M&A transactions, led by an active private equity client base and a large roster of public and significant privately held corporate clients. These financial and strategic buyers, coupled with our deep investment banking representations and relationships, drive a thriving and diverse M&A practice at Calfee. 

Calfee's Private Equity team – comprised of more than 30 corporate, securities, tax, and employee benefits attorneys – is dedicated to getting the deal done while remaining responsive, creative, and efficient in negotiating and closing transactions for clients.