Cloud & SaaS Buyout Acquisitions in 2025

Acquisition Volume in Cloud & SaaS Buyout in 2025 by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Cloud & SaaS Buyout Acquisitions in 2025. 427 2022 267 2023 341 2024 387 2025 ~469 est. 122 2026
Actual Full-year estimate
  • Buyer
    Ellucian
    Target
    Anthology's Student Information Systems (SIS) and Enterprise Resource Planning (ERP) business
    Seller
    Anthology
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Ellucian completed its acquisition of Anthology's Student Information Systems (SIS) and Enterprise Resource Planning (ERP) business, which Ellucian had been named the successful bidder to acquire during Anthology's Chapter 11 bankruptcy process. Ellucian will continue to deliver and maintain the existing SIS and ERP systems for continuity, while expanding access to its broader higher-education technology ecosystem.

  • Buyer
    Alliance Entertainment Holding Corporation
    Target
    Endstate
    Industry
    Cloud & SaaS
    Type
    Buyout

    Alliance Entertainment (NASDAQ: AENT) completed the acquisition of Endstate, effective December 31, 2025, acquiring all Endstate assets and forming a wholly owned subsidiary, Endstate Authentic LLC. The purchase brings Endstate's NFC- and blockchain-enabled product authentication technology and founders into Alliance to expand authenticated resale, digital product identity, and brand protection capabilities across Alliance's global distribution network.

  • Buyer
    Brivo
    Target
    Eagle Eye Networks
    Industry
    Cloud & SaaS
    Type
    Buyout

    Brivo and Eagle Eye Networks have merged to form a single AI cloud-native physical security company operating under the Brivo name. The combined Brivo Security Suite unifies cloud access control, video intelligence, visitor management and intrusion capabilities; Dean Drako will serve as CEO and Steve Van Till as President, with U.S. headquarters in Bethesda, Maryland and Austin, Texas.

  • Buyer
    Ooma, Inc.
    Target
    Phone.com
    Industry
    Cloud & SaaS
    Type
    Buyout

    Ooma, Inc. signed a definitive agreement to acquire Phone.com, a cloud communications/UCaaS provider for SMBs, for approximately $23.2 million in cash. Ooma completed the acquisition, expanding its UCaaS footprint in the SMB market by adding a second established business communications brand.

  • Buyer
    ELL Ventures Ltd.
    Target
    Everybody Loves Languages Corp., ELL Ventures Ltd.
    Industry
    Cloud & SaaS
    Location
    Canada
    Type
    Buyout

    Everybody Loves Languages Corp. (ELLC) and ELL Ventures Ltd. (EV) have approved a related-party amalgamation to form a new private company (“Amalco”). The shareholders of ELLC (other than EV) will receive cash of $0.085 per share, and ELLC plans to delist from the TSX Venture Exchange following completion.

  • December 23, 2025
    Buyer
    ZenaTech, Inc.
    Target
    Vara 3D, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    ZenaTech, Inc. has acquired Vara 3D, a Salt Lake City-area surveying and 3D mapping firm headquartered in Murray, Utah. The deal expands ZenaTech’s Drone-as-a-Service (DaaS) capabilities into the high-growth solar infrastructure market and supports growth into drone-based solar panel inspection, maintenance, and washing.

  • Buyer
    Coinbase
    Target
    The Clearing Company
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Coinbase has agreed to acquire The Clearing Company, a prediction markets startup, to help Coinbase power and scale prediction markets on its platform. The deal is aimed at accelerating The Clearing Company’s roadmap toward Coinbase’s “Everything Exchange” vision and expanding specialized talent in event-contract trading and market design.

  • Buyer
    Renvent Holdings LLC
    Target
    DataGavel
    Seller
    Johnny Friedman, Shane O'Neill
    Industry
    Cloud & SaaS
    Type
    Buyout

    Renvent Holdings LLC has acquired 100% of DataGavel from co-founders Johnny Friedman and Shane O'Neill, completing Renvent's ownership of the legaltech platform. The transaction positions Renvent to scale DataGavel's SaaS litigation analytics product, accelerate the roadmap, and expand commercial adoption among corporate defendants and defense counsel.

  • Buyer
    Stingray Group Inc.
    Target
    TuneIn Holdings, Inc., TuneIn Holdings
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Stingray Group Inc. entered into a definitive agreement to acquire TuneIn Holdings, a live audio streaming and ad monetization platform. The deal is valued at up to US$175 million (US$150 million paid at closing and up to US$25 million payable one year later) and was expected to close by year-end 2025; a later announcement confirmed the acquisition closed.

  • Buyer
    Coursera, Inc.
    Target
    Udemy, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    Coursera and Udemy have signed a definitive merger agreement in an all-stock transaction valued at approximately $2.5 billion (implied equity value). The deal is expected to close in the second half of 2026 and combines Udemy’s AI-powered skills marketplace with Coursera’s university/industry partner network to build a larger workforce development and skills platform.

  • December 18, 2025
    Buyer
    RELEX Solutions
    Target
    Ida
    Industry
    Cloud & SaaS
    Location
    Île-de-France, France
    Type
    Buyout

    RELEX Solutions has acquired Ida, a Paris-based SaaS company that provides AI-driven fresh replenishment and store ordering optimization for loose and perishable grocery items. The acquisition integrates Ida’s store-level fresh optimization capabilities into RELEX’s AI-driven supply chain and retail planning platform to strengthen fresh store ordering, in-store production planning, and reduce waste while improving availability for grocery retailers across Western Europe.

  • December 18, 2025
    Buyer
    CivicPlus
    Target
    Streamline
    Industry
    Cloud & SaaS
    Type
    Buyout

    CivicPlus, a public-sector SaaS provider, has acquired Streamline, a Sacramento-based provider of special-district website solutions and the DocAccess PDF-to-HTML accessibility tool. The deal adds Streamline's ADA-focused conversion technology and special district workflow features to CivicPlus' Civic Impact Platform, expanding accessibility and capabilities for local governments.

  • December 18, 2025
    Buyer
    VeriFast
    Target
    Opsansa
    Industry
    Cloud & SaaS
    Type
    Buyout

    VeriFast, a Toronto-based AI-powered Verification-as-a-Service platform, has acquired Opsansa, a San Francisco–based provider of automated property management support. Opsansa CEO Rowan Aldean will join VeriFast as VP of Automation to lead integration of agentic workflow automation into VeriFast’s leasing and screening platform, accelerating resident approvals and reducing operational friction for multifamily property managers.

  • December 15, 2025
    Buyer
    Cvent
    Target
    Goldcast
    Industry
    Cloud & SaaS
    Type
    Buyout

    Cvent has acquired Goldcast, an AI-powered B2B video content and webinar platform, to integrate Goldcast's automated video-clipping and content-repurposing capabilities into Cvent's event marketing and management platform. The deal will allow Cvent customers to instantly convert event moments into on-brand video content and extend the lifecycle and revenue impact of webinars and events.

  • Buyer
    Indus Growth Fund, Relay Investments
    Target
    Vitalwerks Internet Solutions, LLC dba No-IP
    Seller
    Existing shareholders of Vitalwerks Internet Solutions (including founder Dan Durrer)
    Industry
    Cloud & SaaS
    Type
    Buyout

    Indus Growth Fund (through its investors) has completed a majority, strategic investment in Vitalwerks Internet Solutions, LLC d/b/a No-IP, a provider of Dynamic DNS, Managed DNS, and remote access solutions. Suchit Rout (Founding Managing Partner of Indus Growth Fund) will assume the role of CEO while founder Dan Durrer moves to Founder & CTO, with additional support from investors including Relay Investments.

  • December 11, 2025
    Buyer
    Sysdyne Technologies
    Target
    Slabstack
    Industry
    Cloud & SaaS
    Type
    Buyout

    Sysdyne Technologies has acquired Slabstack to create an AI-powered, end-to-end cloud platform that unifies pricing, CRM, sales optimization, operations, dispatch, delivery and billing for construction materials producers. The acquisition expands Sysdyne’s capabilities beyond ready-mix into aggregates and asphalt while Slabstack will continue operating under its existing leadership as a standalone product within the Sysdyne family.

  • Buyer
    ID-Pal
    Target
    NorthRow
    Industry
    Cloud & SaaS
    Location
    England, United Kingdom
    Type
    Buyout

    ID-Pal, an AI-powered identity verification platform, has acquired Know Your Business specialist NorthRow to add native KYB capabilities to its compliance offering. The acquisition expands ID-Pal’s ability to deliver unified KYC/KYB/AML solutions and brings NorthRow customers such as Caxton, Equifax, and Hargreaves Lansdown into ID-Pal’s client portfolio.

  • Buyer
    AppDirect
    Target
    vCom Solutions
    Seller
    vCom direct sales team (spun out into independent advisors as part of pre-closing restructuring)
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    AppDirect announced the closure of its acquisition of vCom Solutions for a value of over $100 million. The deal adds vCom’s network and mobility lifecycle management platform, as well as its Buyers’ Club program and managed services, into AppDirect’s unified lifecycle management and procurement suite for B2B advisors and their end customers.

  • Buyer
    Thoma Bravo
    Target
    PROS Holdings, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    Thoma Bravo has entered into a definitive agreement to acquire PROS Holdings in an all-cash transaction valued at approximately $1.4 billion. PROS shareholders will receive $23.25 per share in cash, and the deal is expected to close in Q4 2025 (with completion later confirmed in December 2025).

  • Buyer
    Banyan Software, Inc.
    Target
    Northwoods Consulting Partners, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    Banyan Software has acquired Northwoods Consulting Partners, Inc., a provider of cloud-native software (Traverse) and services for state and county Health & Human Services agencies. The acquisition expands Banyan's public sector capabilities and will support further investments in Traverse, automation, and AI tools for frontline caseworkers.

  • Buyer
    Semify
    Target
    Dragon Metrics
    Industry
    Cloud & SaaS
    Location
    Hong Kong
    Type
    Buyout

    Semify has acquired Hong Kong–based Dragon Metrics, a global SEO, AI, and PPC reporting SaaS platform, to expand its AI optimization and international measurement capabilities. As part of the deal, Dragon Metrics co-founder Simon Lesser joins Semify as Chief Product Officer and the Dragon Metrics engineering team will be integrated into Semify’s engineering organization while the Dragon Metrics brand will continue to operate independently.

  • Buyer
    Tata Communications
    Target
    Commotion Inc.
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Tata Communications has acquired a 51% majority stake in Commotion Inc., an AI-native enterprise SaaS platform that provides omnichannel CX orchestration, voice AI and autonomous digital agents. The deal (cash-only, via a stock purchase agreement) will integrate Commotion’s orchestration engine into Tata Communications’ Kaleyra Customer Interaction Suite to accelerate AI-driven capabilities across its Digital Fabric offerings.

  • Buyer
    Bending Spoons
    Target
    Eventbrite
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Eventbrite has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $500 million. Eventbrite stockholders will receive $4.50 per share (an 82% premium), and the deal is expected to close in the first half of 2026 subject to regulatory and stockholder approvals.

  • Buyer
    Connectbase, Equality Asset Management (EAM)
    Target
    Cloud Age
    Industry
    Cloud & SaaS
    Type
    Buyout

    Connectbase has acquired Cloud Age, a telecom invoice automation and spend-management SaaS provider, integrating Cloud Age's spend-intelligence and invoice-normalization capabilities into Connectbase's connectivity transaction platform. Equality Asset Management (EAM) made a strategic investment in Connectbase to support the acquisition and accelerate global expansion.

  • Buyer
    Goldman Sachs
    Target
    Innovator Capital Management
    Industry
    Cloud & SaaS
    Type
    Buyout

    Goldman Sachs agreed to acquire Innovator Capital Management in a transaction valued at approximately $2 billion in cash and equity, subject to performance targets and regulatory approval. The deal is expected to close in the second quarter of 2026 and will expand Goldman Sachs Asset Management’s ETF lineup, adding $28 billion in assets under supervision across 159 defined outcome ETFs.

  • Buyer
    LogicMonitor
    Target
    Catchpoint
    Seller
    Battery Ventures, Sapphire Ventures
    Industry
    Cloud & SaaS
    Type
    Buyout

    LogicMonitor has completed the acquisition of Catchpoint to create an AI‑powered, end‑to‑end observability platform that combines deep infrastructure telemetry with Internet‑level visibility. Pulse 2.0 reported the deal is valued at over $250 million; Cantor Fitzgerald advised Catchpoint while Jefferies LLC and William Blair advised LogicMonitor.

  • Buyer
    PayRange LLC
    Target
    KioSoft Technologies
    Industry
    Cloud & SaaS
    Type
    Buyout

    PayRange announced it will acquire KioSoft Technologies, a global provider of cashless payment and IoT solutions for unattended retail machines. The deal is intended to modernize millions of coin-operated and self-service machines by combining PayRange’s mobile-first payments platform with KioSoft’s footprint and operator network. Financial terms were not disclosed.

  • Buyer
    Castik Capital
    Target
    Interact Software
    Seller
    Perwyn
    Industry
    Cloud & SaaS
    Location
    United Kingdom
    Type
    Buyout

    Perwyn has entered an agreement to exit its holding in Interact Software, selling it to funds managed by Castik Capital. Interact is headquartered in Manchester, UK and provides a SaaS platform for internal communication, knowledge sharing, and employee engagement.

  • Buyer
    Cegid
    Target
    Shine
    Industry
    Cloud & SaaS
    Location
    France
    Type
    Buyout

    Cegid has entered into a definitive agreement to acquire Shine, combining cloud software for finance/accounting/HR/retail with Shine’s fintech capabilities. The companies aim to create a unified, cloud-native, AI-driven financial hub for small and medium-sized businesses and accountants across major European markets.

  • Buyer
    Thoma Bravo
    Target
    Verint Systems, Inc., Verint (Verint Systems, Inc.), Verint Systems, Inc. (
    Industry
    Cloud & SaaS
    Type
    Buyout

    Thoma Bravo agreed to acquire Verint Systems, Inc. for an all-cash transaction valued at about $2 billion. The deal was completed on November 26, 2025, and Thoma Bravo combined Verint with its portfolio company Calabrio to create a broader AI-powered customer experience (CX) automation platform.

  • Buyer
    Zeta Global
    Target
    Marigold (enterprise software business), Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, Grow
    Seller
    Marigold
    Industry
    Cloud & SaaS
    Type
    Buyout

    Zeta Global has completed the acquisition of Marigold's enterprise software business (including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow) for aggregate consideration of up to $325 million. The deal expands Zeta's AI marketing platform capabilities across loyalty, omni-channel engagement, and personalization, broadening its enterprise customer base and subscription revenue streams.

  • Buyer
    Workday
    Target
    Pipedream
    Industry
    Cloud & SaaS
    Type
    Buyout

    Workday has signed a definitive agreement to acquire Pipedream, an AI integration platform for connecting AI agents to enterprise systems. The acquisition is expected to deepen Workday’s enterprise AI strategy by linking trusted HR and finance data with more than 3,000 business applications.

  • November 21, 2025
    Buyer
    DealHub.io
    Target
    Subskribe
    Industry
    Cloud & SaaS
    Type
    Buyout

    DealHub.io has acquired Subskribe, a subscription management, consumption metering, and billing platform, to integrate advanced billing and revenue capabilities into its AI-powered Quote-to-Revenue platform. The deal expands DealHub's CPQ offering to provide end-to-end revenue orchestration—covering quoting, subscription management, usage-based billing, and revenue recognition—for SaaS and AI-first enterprises.

  • November 20, 2025
    Buyer
    Yello
    Target
    Symba
    Industry
    Cloud & SaaS
    Type
    Buyout

    Yello, a provider of early-talent acquisition software, has acquired Symba, a platform for new-hire readiness and internship/onboarding management. The deal will integrate Symba’s onboarding and engagement tools into Yello’s campus recruiting suite and bring Symba’s founding team into Yello to accelerate product integration and expand capabilities for early-career talent programs.

  • Buyer
    RedSail Technologies
    Target
    RxMile
    Seller
    Kunal Vyas, Ziad Elmalki
    Industry
    Cloud & SaaS
    Type
    Buyout

    RedSail Technologies has acquired RxMile, a delivery management platform built for independent pharmacies, to expand its pharmacy delivery and patient-centered technology capabilities. The acquisition integrates RxMile's HIPAA-compliant delivery routing, real-time tracking, and communications features into RedSail's portfolio to help its network of pharmacies improve delivery operations and patient service.

  • Buyer
    GHO Capital Partners LLP
    Target
    Scientist.com
    Industry
    Cloud & SaaS
    Type
    Buyout

    GHO Capital Partners LLP acquired Scientist.com, the AI-enabled R&D orchestration platform for life sciences, in a deal intended to accelerate global scale and technology development. Scientist.com will expand platform adoption (including across Europe) and invest in next-generation AI/automation capabilities for outsourced R&D procurement and compliance workflows.

  • Buyer
    Itron
    Target
    Locusview, Ltd.
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Itron has signed a definitive agreement to acquire Locusview, a U.S. and Israel-based software and services company focused on the utility sector, for $525 million. The cash-funded deal is expected to close in January 2026 and will bring Locusview’s digital construction management SaaS platform into Itron’s resiliency solutions portfolio.

  • Buyer
    Thoma Bravo
    Target
    Azul
    Industry
    Cloud & SaaS
    Type
    Buyout

    Azul, a Java-focused enterprise software company, entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo. Existing investors Vitruvian Partners and Lead Edge Capital will reinvest and retain minority stakes alongside Azul employees.

  • Buyer
    EETech Group
    Target
    Datasheets.com
    Seller
    SiliconExpert Technologies, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    EETech Group has acquired Datasheets.com from SiliconExpert Technologies, Inc. The acquisition brings Datasheets.com's extensive electronic component datasheet database into EETech's portfolio to enhance search, parametric capabilities, and integration across EETech's engineering-focused platforms.

  • Buyer
    CRScube
    Target
    Mednet
    Industry
    Cloud & SaaS
    Type
    Buyout

    CRScube has acquired Mednet to accelerate its expansion into the North American market and broaden its global eClinical SaaS capabilities. The combined company will integrate complementary EDC-centric platforms and related eClinical tools (CTMS, RTSM, ePRO, eTMF) to offer a more complete, scalable suite for sponsors and CROs across pharmaceuticals, biotech, and medical devices.

  • Buyer
    Cloudflare, Inc.
    Target
    Replicate
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Cloudflare agreed to acquire Replicate, an AI platform that helps developers deploy and run AI models. The deal is expected to close in the next two months and will expand Cloudflare Workers AI with model access, custom models/pipelines, and Replicate’s AI inference and container capabilities.

  • November 17, 2025
    Buyer
    GrubMarket, Inc.
    Target
    Procurant LLC
    Industry
    Cloud & SaaS
    Type
    Buyout

    GrubMarket has acquired Procurant, a Los Gatos, California–based SaaS platform that streamlines procurement, order management and food-safety compliance for the fresh produce supply chain. The acquisition expands GrubMarket’s AI-powered software portfolio and integrates Procurant’s trading network and traceability/quality tools into GrubMarket’s ERP, AI agents and payments ecosystem.

  • Buyer
    Salesforce
    Target
    Doti
    Industry
    Cloud & SaaS
    Location
    Israel
    Type
    Buyout

    Salesforce has signed a definitive agreement to acquire Doti, an agentic enterprise search company focused on unified search and knowledge discovery. The deal is intended to expand Salesforce’s AI R&D hub in Israel and accelerate the development of a unified, agentic search layer across Salesforce’s platform, with Slack serving as the conversational interface for the next-generation capability.

  • Buyer
    Warburg Pincus
    Target
    VOLL
    Seller
    Localiza
    Industry
    Cloud & SaaS
    Location
    São Paulo, Brazil
    Type
    Buyout

    Warburg Pincus acquired a controlling stake in VOLL, Latin America’s next-generation corporate travel management platform, with an investment of more than $120 million. The deal includes funding to accelerate VOLL’s transformation of corporate travel and expense management using AI-powered solutions, with founders continuing to lead the business.

  • November 12, 2025
    Buyer
    Fluxx
    Target
    Grantseeker
    Industry
    Cloud & SaaS
    Type
    Buyout

    Fluxx, the cloud-first grants management platform, has acquired Grantseeker to create a unified, end-to-end grants management ecosystem connecting funders, seekers, and dual-role organizations. Grantseeker will operate as a dedicated product line within Fluxx, retaining its product and engineering teams while leveraging Fluxx's scale to accelerate product integration and innovation.

  • Buyer
    Rumble, Tether
    Target
    Northern Data AG
    Industry
    Cloud & SaaS
    Location
    Germany
    Type
    Buyout

    Rumble has signed a business combination agreement to acquire Northern Data AG, an AI and high-performance computing (HPC) infrastructure provider. The deal will be structured as a voluntary public exchange offer, with Northern Data to be delisted after completion.

  • Buyer
    Revvity, Inc.
    Target
    ACD/Labs
    Industry
    Cloud & SaaS
    Location
    Canada
    Type
    Buyout

    Revvity, Inc. has entered into a definitive agreement to acquire ACD/Labs, a provider of scientific software for analytical characterization and molecular design. The deal is expected to close in late Q4 2025 and will expand Revvity Signals by unifying analytical data with actionable scientific insights across the end-to-end scientific workflow.

  • Buyer
    Megaport Limited
    Target
    Latitude.sh
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Megaport Limited (ASX: MP1) announced it has entered into an agreement to acquire Latitude.sh, a global Compute-as-a-Service (CaaS) provider. The combined platform will unite Megaport’s private high-speed connectivity network with Latitude.sh’s CPU/GPU compute infrastructure to enable enterprises to deploy and interconnect workloads across 1,000+ data centers in 26 countries, including AI workloads.

  • November 10, 2025
    Buyer
    Life360, Inc.
    Target
    Nativo
    Industry
    Cloud & SaaS
    Type
    Buyout

    Life360 entered into a definitive agreement to acquire Nativo, an advertising technology company, for approximately $120 million in a combination of cash and stock. The acquisition is expected to close in January 2026 and is intended to expand Life360’s family-safe, location-based advertising capabilities by combining Life360’s first-party insights with Nativo’s publisher network and ad-tech stack.

  • Buyer
    Respida Capital, Monroe Capital LLC
    Target
    ENTOUCH
    Industry
    Cloud & SaaS
    Type
    Buyout

    Respida Capital, an independent sponsor, has acquired ENTOUCH, a Dallas-area provider of cloud-based energy management and smart building technology. Monroe Capital led a growth capital investment to support the acquisition and help accelerate ENTOUCH's next stage of growth.

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