New York, NY – March 31st, 2025 – Aleutian Capital Group (“Aleutian Capital”), a New York-based middle-market investment bank, is pleased to announce the successful acquisition of BPK Technologies (“BPK”) by Veltris, a portfolio company of Trive Capital (“Trive”) and BayLink Capital (“BayLink”). Aleutian Capital originated the opportunity. Terms of the transaction were not publicly disclosed.
About BPK Technologies
BPK specializes in custom software development and digital transformation solutions, with a strong focus on the healthcare sector, particularly Dental Service Organizations (DSOs) dental practice management systems, hospitals and insurance. Their expertise includes automating insurance verification and claims processes, creating tailored ERP systems, and delivering advanced data warehousing and integration services. Beyond healthcare, BPK delivers scalable solutions across other industries such as financial services and education, leveraging emerging technologies to optimize operations, enhance productivity, and support business growth.
About Veltris
Veltris is a Digital Product Engineering Services partner that delivers next-generation technology and industry solutions across the healthcare, technology, communications, manufacturing and financial sectors. Veltris empowers clients to build, modernize, and scale smarter products with connected experiences powered by AI. Through an experience-centric approach, agile delivery, and differentiated talent, Veltris enables businesses to optimize product development cycles, monetize platform investments, and drive transformative outcomes across digital and physical ecosystems. For more information, please visit www.veltris.com.
About Trive Capital
Based in Dallas, TX, Trive is a private equity firm with over $8 billion in regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. They seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas. The Trive team is comprised of seasoned investment professionals who have been involved in over 250 middle-market transactions representing in excess of $10 billion in revenue across Trive’s targeted industry sectors and situations. For more information, please visit www.trivecapital.com.
About BayLink Capital
BayLink Capital is a San Francisco, CA based private equity firm founded by seasoned investors and operators. BayLink invests with a business builder approach to be value-added hands-on partners to management teams and seeks to accelerate growth and value creation to help build significant companies that can become winners in their category. BayLink is focused on investments in mid-market healthcare and tech-enabled services and solutions companies. For more information, please visit www.baylinkcapital.com.