International Cybernetics Secures Investment from Clarion Capital Partners
Deal News | Jun 12, 2025 | Clarion Capital Partners LLC
Clarion Capital Partners LLC has announced a new investment in International Cybernetics (ICC), a leading infrastructure management firm known for its services in technology-enabled infrastructure management across the U.S. and Canada. This strategic move aligns with Clarion's broader vision to establish a strong presence in the Testing, Inspection, Certification, and Compliance (TICC) industry, with ICC set to become a cornerstone of the platform. As part of the investment, industry expert Mustafa Temiz joins to help build out the TICC service platform, enhancing ICC's role in surface transportation and electrical infrastructure fields. ICC will continue under the leadership of Michael Nieminen and will leverage its pioneering services to extend the lifespan of essential infrastructure amid pressing national needs. With support from key financial and legal advisors, this investment marks a pivotal step in Clarion's lower middle-market private equity pursuits.
Sectors
- Private Equity
- Infrastructure Management
- Testing, Inspection, Certification and Compliance (TICC)
Geography
- United States – Clarion Capital Partners is based in New York, and ICC operates extensively across the U.S.
- Canada – ICC provides infrastructure management services across Canada as part of its North American operations.
Industry
- Private Equity – Clarion Capital Partners is a private equity firm making a strategic investment in International Cybernetics.
- Infrastructure Management – International Cybernetics operates within infrastructure management, focusing on roadway and structural testing services.
- Testing, Inspection, Certification and Compliance (TICC) – The investment targets expanding capabilities in TICC services, a core industry focus for Clarion's growth strategy.
Financials
- Not disclosed – The financial terms of the investment in International Cybernetics by Clarion Capital Partners have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clarion Capital Partners LLC | Investor | Company | A New York-based investment manager focusing on private equity and structured credit. |
| International Cybernetics (ICC) | Target Company | Company | A technology-enabled infrastructure management firm based in Florida. |
| Mustafa Temiz | TICC Platform Leader | Person | Former executive with SGS and Intertek, leading the new TICC services platform. |
| Michael Nieminen | CEO of ICC | Person | CEO of ICC with extensive engineering expertise. |
| Morrissey Goodale | Financial Advisor for ICC | Company | Advised ICC during the transaction. |
| Frederikson, Byron P.A. | Legal Counsel for ICC | Company | Provided legal counsel to ICC in the transaction. |
| Brownstein Hyatt Farber Schreck, LLP | Legal Counsel for Clarion | Company | Provided legal representation to Clarion. |
| Stellus Capital Management | Financing Provider | Company | Provided financing for the deal. |