Cloud & SaaS Acquisitions

Apax Funds, advised by Apax Partners LLP, reached a definitive agreement to increase their equity stake in ECI Software Solutions, a cloud-based, industry-specific business management software provider. Following completion, Apax Funds will become a co-control owner of ECI alongside Leonard Green & Partners, and GIC will make a substantial new investment to support ECI’s continued growth.

Docufree, a provider of cloud-based document management and process automation solutions, announced the acquisition of ImageAPI, which provides digital transformation services for state and local government agencies. The deal is intended to strengthen Docufree’s AI-driven SaaS and BPaaS capabilities in intelligent document management for public-sector (SLED) customers and expand its nationwide delivery and compliance-focused offerings.

CloudKeeper acquired WiseOps, an AWS cost and usage optimization platform, to enhance its end-to-end cloud cost optimization offerings. The deal terms were not disclosed and the transaction was completed using a mix of cash and equity. By integrating WiseOps’ AI-driven recommendations and automated optimizations, CloudKeeper aims to deliver greater cloud savings and workflow efficiency for customers.

Asure (NASDAQ: ASUR) acquired HireClick to expand its cloud-based Human Capital Management (HCM) software suite with an intuitive, AI-powered applicant tracking system. The acquisition adds HireClick’s end-to-end recruiting capabilities—job posting, applicant tracking, candidate communications, and AI-assisted job descriptions—aimed at small and mid-sized businesses.

Cinven agreed to sell JAGGAER, a global enterprise procurement and supplier collaboration software provider, to Vista Equity Partners. Financial terms were not disclosed, and the transaction is expected to close in Q4 2024 subject to customary approvals.

Decision Lens received an investment from Diversis Capital, a software and technology-focused private equity firm. The investment establishes Decision Lens as a new platform for Diversis Capital and is intended to accelerate the company’s growth and continued development of its SaaS-based integrated planning software for government and defense-related customers.

Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, announced the acquisition of Pepperi, an omnichannel B2B sales platform for wholesalers and distributors. The deal expands Advantive’s capabilities into B2B commerce and sales force automation and strengthens its international footprint. SEG served as the exclusive sell-side M&A advisor to Pepperi.

Aptean, a provider of industry-specific ERP and supply chain software, received a strategic investment led by Clearlake Capital Group to support innovation and global expansion. Clearlake will join existing shareholders TA Associates, Insight Partners, and Charlesbank Capital Partners as investors in the company.

NUSO, an omnichannel provider of cloud communications and collaboration solutions, closed a recapitalization with McCarthy Capital to accelerate growth. Members of NUSO's senior management are investing alongside McCarthy Capital, and BMO will continue as the company's debt provider.

Allbound has acquired Channel Mechanics to form what it describes as the industry’s most comprehensive partner relationship management (PRM) platform for mid-market and enterprise customers. The combined business will operate under the Allbound brand while maintaining both existing platforms as it builds a unified offering; Invictus Growth Partners is the majority owner of the combined company.

Prairie Capital sold its majority position in Upshop to Level Equity in a recapitalization transaction. Prairie Capital and Upshop management retained significant ownership stakes, with Level Equity joining as a growth equity partner to support Upshop’s continued expansion.

HEALWELL AI Inc. entered into an agreement to acquire 100% of Intrahealth Systems Limited, a SaaS-based electronic health record (EHR) platform operating across Canada, Australia, and New Zealand. The deal values Intrahealth at approximately $24.2 million in consideration (cash plus HEALWELL shares, with an additional deferred amount), and is intended to integrate HEALWELL’s AI tools into Intrahealth’s EHR to create an AI-powered next-generation EHR offering. Intrahealth is being acquired from WELL Health Technologies Corp., which previously acquired Intrahealth in 2021.

An affiliate of STG has entered into a definitive arrangement agreement to acquire all issued and outstanding common shares of MediaValet Inc. for C$1.71 per share in cash. The transaction values MediaValet at approximately C$80 million and is expected to close in Q1 2024 subject to shareholder, court, and regulatory approvals.

Thoma Bravo signed a definitive agreement to make a strategic growth investment in BlueMatrix, an end-to-end cloud-based content creation and distribution platform for investment research providers. BlueMatrix founder and CEO Patricia Horotan will continue to lead the company and retain a significant ownership stake. Financial terms were not disclosed, and debt financing for the transaction will be provided by Golub Capital.

Ncontracts, a Gryphon Investors portfolio company, has acquired Quantivate to expand its governance, risk, and compliance (GRC) solutions for banks and credit unions. The transaction strengthens Ncontracts’ SaaS/KaaS risk, compliance, and vendor management offerings for financial institutions; financial terms were not disclosed.

Gemspring Capital has completed the sale of its portfolio company Valant Medical Solutions, a SaaS-based EHR and practice management software provider for behavioral health, to an affiliate of Resurgens Technology Partners. The transaction terms were not disclosed. Valant, founded in 2005, is headquartered in Seattle, Washington.

BV Investment Partners announced an investment in CallTower, a cloud-based provider of enterprise communications, contact center, and collaboration solutions. CallTower is headquartered in South Jordan, Utah and delivers unified communications solutions across platforms such as Microsoft Teams, Zoom, and Cisco Webex. The transaction is expected to close in Q4 2023, with AB Private Credit Investors and Boundary Street Capital providing debt financing.

GigaCloud Technology Inc (Nasdaq: GCT) completed the acquisition of a 100% equity interest in Apexis, Inc. dba Wondersign for $10.0 million in cash (subject to customary adjustments). Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company headquartered in Tampa, Florida. GigaCloud plans to integrate Wondersign’s Catalog Kiosk into its GigaCloud Marketplace to expand reach into brick-and-mortar retail storefronts and enhance in-store transactions.

Epicor acquired Elite EXTRA, a provider of cloud-based last mile delivery and logistics management solutions. The deal adds advanced last mile delivery, returns (reverse logistics), routing and dispatch capabilities to Epicor’s industry-specific ERP and productivity software portfolio; financial terms were not disclosed.

Trane Technologies has completed its acquisition of Nuvolo, a provider of cloud-based connected workplace and enterprise asset management software built on the ServiceNow platform. The deal expands Trane Technologies' SaaS and digital capabilities to address growing demand for modern workplace and asset management solutions and to support customers' decarbonization and workplace transformation goals.

Cendyn, a hotel technology provider, announced the strategic acquisition of PUSHTech, a cloud-based Customer Data Platform (CDP) and CRM platform for the hospitality industry. The deal expands Cendyn’s CRM and marketing automation capabilities, aiming to help hoteliers improve guest loyalty, increase direct bookings, and drive revenue through advanced, multi-channel automation.

Tata Communications has completed its acquisition of Kaleyra, Inc., a global CPaaS (communications platform as a service) provider, through Tata Communications Limited. The deal closed following stockholder and regulatory approvals, with approximately $100 million paid in cash and Tata Communications assuming Kaleyra’s outstanding debt, making Kaleyra and its subsidiaries wholly owned subsidiaries.

Origami Risk acquired Dais Technology to expand its property & casualty (P&C) insurance SaaS offerings with Dais’ no-code insurance technology, including storefront and rating-as-a-service capabilities. Dais will operate as a subsidiary of Origami Risk and continue to be led by its co-founders; transaction terms were not disclosed.

Logility, Inc. signed a definitive agreement to acquire Garvis, a SaaS startup focused on AI-native demand forecasting that combines large language models with machine learning. Garvis’ DemandAI+ will be embedded into the Logility Digital Supply Chain Platform to enhance cloud-based supply chain demand forecasting capabilities.

Hubstaff announced it has received a growth investment from WestView Capital Partners to accelerate expansion of its workforce management SaaS platform focused on remote productivity and employee experience. As part of the transaction, WestView representatives will join Hubstaff’s Board of Directors, with debt financing provided by Abacus Finance.

Tango, a provider of cloud-based real estate and facilities management software, acquired WatchWire, a sustainability and energy management data and analytics platform. The deal expands Tango’s capabilities in energy management, sustainability and carbon reporting; financial terms were not disclosed. WatchWire is headquartered in New York City and its leadership team will join Tango following the acquisition.

Sprout Social, Inc. acquired Tagger Media, Inc., an influencer marketing and social intelligence SaaS platform, to expand Sprout Social’s offering into influencer marketing and deepen its social media management capabilities. The deal closed on August 2, 2023 for $140 million in cash, funded through Sprout Social’s balance sheet and a newly established revolving credit facility.

Cordance acquired WebPresented, a provider of WPCRM, a fully integrated CRM, quoting, and business intelligence platform built for industrial distributors. The deal expands Cordance’s presence in the wholesale distribution industry, and WebPresented will continue operating as an individual business unit within Cordance.

Bloomfire has acquired Seva, Inc., a customer support SaaS company, to strengthen its enterprise knowledge management platform and expand capabilities in generative AI and conversational AI. Seva founder and former CEO Sanjay Jain will join Bloomfire as Chief Technology Officer as the companies integrate Seva’s AI and federated search functionality into Bloomfire’s platform.

Signant Health announced the acquisition of DSG, a provider of electronic data capture (EDC) and direct data capture (DDC) technology within a unified eClinical suite. The deal expands Signant’s eClinical solution suite for traditional, site-based, and decentralized clinical trials by adding comprehensive EDC/DDC capabilities.

Scaleworks, a B2B SaaS-focused venture equity firm, announced it has acquired Full Circle Insights, a marketing attribution and campaign measurement platform provider. The investment is intended to accelerate Full Circle Insights’ product innovation, strategic roadmap, and go-to-market execution. Following the acquisition, go-to-market expert Jason Ferrara was appointed CEO of Full Circle Insights.

Marlin Equity Partners completed a majority growth investment in LineLeader by ChildcareCRM, a provider of SaaS software and digital payment solutions for the early childcare education market. Growth Street Partners and other existing shareholders will retain a minority stake following Marlin’s investment.

Clearlake Capital Group and Symphony Technology Group (STG) completed the sale of Archer Technologies to private equity firm Cinven. Archer provides integrated risk management cloud software solutions spanning compliance, governance, security, audit, and ESG. Financial terms of the transaction were not disclosed.

Intelishift, a U.S. data center operator, acquired Data Canopy, a worldwide cloud and colocation infrastructure provider. The deal was facilitated by a $50 million growth capital investment from Metropolitan Partners Group, and the combined business will operate under the Data Canopy brand to expand data center locations and cloud services.

Flexpoint Ford has agreed to acquire Baker Hill, a provider of cloud-based loan origination, risk management, and analytics software for banks and credit unions. Baker Hill is currently a portfolio company of The Riverside Company, and the transaction is expected to close following customary regulatory approvals. Baker Hill’s CEO John M. Deignan and the existing leadership team will continue to lead the business and remain shareholders.

HRSoft, a cloud-based compensation lifecycle management software provider, has acquired CompTrak, a compensation management solution provider headquartered in Toronto, Canada. The deal expands HRSoft’s capabilities in compensation management, adding CompTrak’s expertise with large financial services and Fortune 500 customers and strengthening compliance, automation/integration, and analytics functionality.

Alpha II, a provider of revenue cycle management (RCM) SaaS solutions for healthcare providers, completed a majority recapitalization with TA Associates. WestView Capital Partners received liquidity for its 2016 investment and re-invested alongside TA and Alpha II management to support continued product development and growth.

PVcase, a Lithuania-based solar project design software-as-a-service (SaaS) provider, has acquired U.S.-based Anderson Optimization, a leading solar siting software platform. The deal aims to integrate the two products into a single platform to reduce “data risk” and streamline utility-scale solar power plant design, while also accelerating Anderson Optimization’s expansion into European markets.

SharpenCX, a unified contact center platform, has completed the acquisition of Webtext, an omnichannel messaging solution. The deal expands SharpenCX’s digital engagement capabilities for on-premises contact centers, adding messaging-first functionality across channels such as messaging, webchat, and social. The announcement follows SharpenCX’s December 2022 investment funding from TELEO Capital to strengthen its platform.

One Equity Partners (OEP) completed the acquisition of Liquid Web, a managed cloud services provider with significant bare metal infrastructure across North America and Western Europe. The deal creates CloudOne Digital, a new holding company/platform intended to consolidate businesses in the cloud hosting and multi-cloud infrastructure sector. Liquid Web’s brands (including Nexcess, StellarWP, and Modern Tribe) will continue operating as business units under CloudOne Digital.

Xalles Holdings Inc. entered into an acquisition agreement to acquire Nevada-based Appy Perks, Inc. and completed the transaction, making Appy Perks a wholly owned subsidiary under Xalles Financial Services Inc. The deal is intended to enhance consumer shopping experiences by adding Appy Perks’ gamified loyalty and incentives SaaS platform for SMBs, including analytics and location-based offers.

Peterson Private Equity (Peterson Partners) plans to invest up to $50 million of growth capital in Dura Software, a B2B SaaS software aggregator and operator headquartered in San Antonio, Texas. The funding will support Dura’s continued acquisition strategy as it pursues a pipeline of late-stage acquisition opportunities.

DoseSpot acquired the TreatRx segment of Bravado Health to expand its SaaS ePrescribing offering for healthcare providers. DoseSpot plans to integrate TreatRx into its existing technology suite, supporting TreatRx customers through the transition and strengthening its position in the ePrescribing software integration market.

The Riverside Company invested in and acquired Primary Intelligence, a provider of SaaS-based win-loss analysis solutions for B2B companies. The transaction was completed as an add-on acquisition to Riverside’s existing Corporate Visions platform, expanding its sales, marketing, and customer success enablement capabilities.

The Riverside Company made an investment in Eduthings, a software solutions provider serving Career and Technical Education (CTE) administrators, teachers, and students. The deal is an add-on to Riverside’s iCEV platform, expanding iCEV’s SaaS-based curriculum and certification offering with Eduthings’ CTE outcomes tracking and reporting capabilities.

QuestionPro, a provider of online survey and research software, acquired the assets of doopoll, a Wales-based multilingual real-time engagement platform. doopoll’s features and customers will be integrated into QuestionPro’s research and experience management platform, strengthening QuestionPro’s physical presence and client base in the United Kingdom.

Cox Communications has acquired New York-based Logicworks, a professional and managed cloud services company focused on helping customers migrate, run, and operate applications on AWS and Azure. Cox plans to combine Logicworks with RapidScale (a Cox Business company) to strengthen its managed cloud and IT solutions offering for U.S.-based companies.

AppDirect announced it has acquired TBI, a leading technology service aggregator in North America. The combination expands AppDirect’s advisor ecosystem and enhances enablement, training, and operational support by bringing together AppDirect’s marketplace platform with TBI’s advisor-focused services.

InVisory, a cloud advisory marketplace for the Salesforce AppExchange, announced it has acquired GTM Guides, a Salesforce ecosystem success company. Financial terms were not disclosed. The deal expands InVisory’s ability to help Salesforce ISVs and consulting firms improve lead generation, partnerships, and alignment with customer requirements by integrating and automating GTM Guides’ deliverables.

TELEO Capital Management, LLC made a majority control investment in Sharpen Technologies Inc. (SharpenCX). SharpenCX provides a cloud-native Contact Center-as-a-Service (CCaaS) and Unified Communications-as-a-Service (UCaaS) platform with omnichannel capabilities, analytics, and reporting. SharpenCX is headquartered in Indianapolis, Indiana.

Beti, a cloud-based construction site management software company, raised an $11 million strategic growth investment round led by PSG with participation from 97212 Ventures. The funding will support Beti’s product growth and accelerate its expansion in the United States following the opening of its first U.S. office in Brooklyn, New York.

Ryan, a global tax services and software provider, acquired The Funding Portal Inc. (Fundingportal), a grants discovery and screening platform and SaaS provider. The deal expands Ryan’s government funding and grants offerings and broadens its client portfolio across North America and beyond.

UKG Inc. announced it has acquired Quorbit, a UK-based workforce planning startup focused on long-term workforce planning for frontline and hourly roles. Quorbit, headquartered in Oxford, England, will be integrated into UKG’s suite to enhance strategic workforce planning and operational insights for UKG customers.

Marlin Equity Partners acquired S2 Communications AB (S2), a Sweden-based provider of outbound campaign management and sales functionality solutions. S2 will be merged into Marlin portfolio company Puzzel to enhance Puzzel’s cloud-based contact center (CCaaS) platform and expand its Nordic footprint, particularly in Sweden.

Environ Energy, an energy sustainability services provider, has acquired Scope 5. Scope 5 provides a cloud-based ESG and sustainability data management platform used to measure and report emissions (Scope 1, 2, and 3) and support sustainability disclosure frameworks. The combination expands Environ’s offering by pairing its energy management services with Scope 5’s sustainability data management technology.

Cloud Equity Group announced the sale of its portfolio company VPS Network Group (VPS Net) to Homepage Universe Inc., representing a full exit for Cloud Equity Group. VPS Net provides international virtualization and bare metal cloud hosting services, and the acquisition is intended to expand Homepage Universe’s virtualization capabilities across technology stacks and geographies. Financial terms were not disclosed.

Salary.com announced it has received a significant equity investment from Accel-KKR. The funding will support continued advancement of Salary.com’s AI-driven pay equity and enterprise compensation software and help accelerate growth and expanded product offerings in the HCM space.

Humanforce, a Sydney-based provider of workforce management (WFM) solutions, announced the acquisition of Ento, a WFM platform for rostering/shift management, time & attendance, leave, and onboarding. The deal is intended to strengthen and scale Humanforce’s market leadership in shift-based, roster-driven workforces across mid-market and enterprise customers.

PSG, a growth equity firm, made a strategic growth investment in Searchspring, an ecommerce enablement software company focused on site search, product merchandising, and personalization. The investment is intended to accelerate Searchspring’s product innovation and go-to-market expansion in the United States and internationally. Canaccord Genuity advised Searchspring on the transaction, and existing investor Scaleworks will remain an investment partner.

Bow River Capital’s Software Growth Equity team made a majority-controlled investment in HRSoft, a human capital management SaaS provider focused on compensation management. The transaction was described as a majority recapitalization intended to fund expansion of HRSoft’s HCM application suite, scaling of operational infrastructure, and continued profitable growth. CIBC Innovation Banking provided debt financing for the transaction.

Frontier Growth made a $30 million minority growth investment in atVenu, a SaaS platform providing point-of-sale, inventory management, payments, and financial settlement solutions for the live events industry. The investment will support atVenu’s continued product innovation and expansion into international markets and new product categories.

Exiger, a SaaS supply chain risk management and compliance company, acquired Supply Dynamics, a supply chain collaboration and visibility platform provider. The deal combines Exiger’s risk monitoring and automated due diligence capabilities with Supply Dynamics’ item-level visibility and multi-tier supply chain mapping to deliver an end-to-end, cloud-based solution for supplier risk management and supply chain visibility.

Chronus, an enterprise mentoring software platform, announced the acquisition of eMentorConnect, a cloud-based mentorship solution for growing teams and enterprise organizations. The combination is intended to expand Chronus’ customer base and broaden the mentoring products and services available to clients, with some eMentorConnect staff joining Chronus to support the transition.

Medallia, Inc. announced it has closed the acquisition of Mindful (formerly known as VHT), a cloud-based contact center callback technology provider. The deal adds Mindful’s intelligent callback capabilities to Medallia’s enterprise experience platform to improve contact center customer experiences. Financial terms were not disclosed.

Community Brands acquired BigSIS, a cloud-based school management and student information system (SIS) platform for private and independent K-12 schools. The acquisition expands Community Brands’ capabilities by adding an all-in-one platform that unifies admissions, enrollment, tuition, fundraising, and academic functions into a single data model.

Cornerstone OnDemand, Inc., backed by Clearlake Capital Group, has completed its acquisition of SumTotal, a learning and human capital management SaaS provider that was previously part of Skillsoft. The deal combines Cornerstone’s and SumTotal’s learning and talent platforms to expand product options, expertise, and flexibility for their global customer base.

Eir Partners completed a growth recapitalization investment in ClaimLogiq, a healthcare SaaS and technology-enabled payment integrity platform focused on pre-payment solutions. Eir Partners plans to use ClaimLogiq as a platform investment, funding product development and automation and pursuing acquisitions to expand adjacent capabilities. Following Eir’s investment, ClaimLogiq acquired Medliminal and SyTrue.

Buyers Edge Platform announced the acquisition of ArrowStream, a SaaS provider of supply chain management software for the foodservice industry. The deal expands Buyers Edge’s end-to-end digital procurement and data intelligence offering by adding ArrowStream’s foodservice supply chain network and cloud platform capabilities.

FMG, a SaaS marketing software and services provider for financial advisors and insurance agents, has acquired Vestorly. The deal expands FMG’s artificial intelligence capabilities by adding Vestorly’s AI-driven content curation and content management technology and includes acquiring Vestorly’s client base.

Bow River Capital completed a majority recapitalization of Altvia in partnership with Marlin Equity Partners. Bow River Capital will retain a minority equity stake in Altvia, and transaction terms were not disclosed.

Cuadrilla Capital, LLC acquired Chartbeat, Inc., a content analytics SaaS platform serving major digital media organizations. Chartbeat will continue to be led by CEO John Saroff, and financial terms were not disclosed. The investment is intended to support Chartbeat’s continued scaling through product innovation and market expansion.

Vendavo acquired Market Medium, a cloud-based rebate and channel management solution provider. The deal strengthens Vendavo’s commercial excellence and price management platform by adding deeper channel incentive management capabilities for manufacturers and distributors.

SingleOps announced a $74 million growth equity investment led by FTV Capital to support expansion of its SaaS business management platform for the green industry. Existing investor Five Elms Capital also participated in the round, and FTV representatives will join SingleOps' board.

GTY Technology Holdings Inc. completed its acquisition by an affiliate of GI Partners in an all-cash transaction valued at $6.30 per share. Following the merger, GTY became a privately held company and its common stock ceased trading on public markets.

MDX Technology (MDXT) announced the acquisition of Iceflow Technologies Limited, a low-code/no-code SaaS workflow platform for financial institutions. Iceflow enables rapid creation and deployment of workflows for use cases such as post-trade processes, compliance, and KYC. Iceflow’s developer, Graham Denyer, will join MDXT as CTO as the businesses integrate their platforms.

Arryved, a point-of-sale (POS) software provider for craft beverage and food establishments, acquired Craftpeak, a provider of websites and e-commerce capabilities for the craft beverage industry. The deal is intended to create a seamless omni-channel hospitality platform by integrating online storefront and on-premise POS operations, including real-time inventory synchronization.

Notion, a collaboration software company, has acquired Cron, a next-generation calendar app for professionals and teams. The Cron team, including founder and CEO Raphael Schaad, will join Notion, while Cron will continue operating as a separate app as the companies work toward a shared vision and brand.

RealWear acquired Genba AI as part of its shift toward a platform-first business and the launch of its first SaaS offering for frontline industrial workers. Fortive Corporation also provided an additional $1.5 million investment, adding to RealWear’s Series C funding, to support expansion of voice-enabled workflows and analytics for industrial maintenance teams.

Vehlo announced a majority investment led by Greater Sum Ventures, with participation from existing investors PSG, HarbourVest Partners, and Parkwood, and new investor Lightyear Capital. The investment will support Vehlo’s continued expansion in software and fintech solutions for the automotive repair market, including product innovation, customer success initiatives, and future acquisitions. Financial terms were not disclosed.

Nasdaq, Inc. entered into an agreement to acquire Metrio, a privately held ESG data collection, analytics, and reporting software provider. Nasdaq will integrate Metrio’s SaaS platform into its IR & ESG services portfolio and plans to maintain Metrio’s headquarters in Montreal. Financial terms were not disclosed and the deal was expected to close by mid-June 2022.

Corsair acquired a majority stake in HungerRush, a cloud-based restaurant POS and integrated payments software provider, from The CapStreet Group. CapStreet will remain invested as a minority shareholder, and transaction terms were not disclosed.

Upside Growth Partners acquired BOLT System, a Nashville-based logistics technology firm. Oaklyn Consulting advised BOLT System’s founders on succession planning, evaluated strategic alternatives, and initiated the transaction with Upside.

Marlin Equity Partners, through its portfolio company Worksoft, acquired eureQa, LLC, an AI-powered SaaS test automation platform provider. eureQa will be merged into Worksoft to expand Worksoft’s Connective Automation capabilities, adding strengths in performance, mobile, and broader digital application testing.

Jungle Disk, a Texas-based data backup and recovery provider, announced it has acquired ElephantDrive, a consumer-focused cloud backup and long-term storage solution. The deal marks Jungle Disk’s entry into the consumer market and establishes ElephantDrive as an independent business unit within Jungle Disk’s portfolio to expand consumer backup offerings.

Rock Solid Technologies announced the acquisition of Swagit, a provider of streaming media solutions for public sector organizations. The deal expands Rock Solid’s govtech SaaS portfolio by adding live streaming and on-demand video capabilities integrated with its meeting management offering (OneMeeting), supporting accelerated growth backed by majority investor Strattam Capital.

Cornerstone, a cloud-based talent management software provider backed by Clearlake Capital Group, has completed its acquisition of EdCast. The combination is intended to create an open, AI-powered people growth platform spanning learning, skills development, content, and career mobility for organizations worldwide.

AMCS entered into an agreement to acquire Quentic for an undisclosed amount, pending regulatory approval and expected to close in the coming weeks. In connection with the deal, Clearlake Capital Group is making a new equity investment in AMCS alongside new equity investments from existing investors Insight Partners, Ireland Strategic Investment Fund (ISIF), and Highland Europe.

LiveU announced the acquisition of easylive.io to expand and accelerate its cloud video platform strategy. easylive.io’s browser-based, all-in-one live streaming production studio will be integrated into LiveU’s end-to-end cloud workflow for live contribution, production, orchestration, ingest, and distribution, enhancing remote and hybrid production capabilities.

An affiliate of Peak Rock Capital completed the acquisition of Mojix Inc., a supply chain SaaS platform focused on item-level inventory management and traceability. Peak Rock plans to support Mojix with growth capital to accelerate its product roadmap and pursue organic growth and strategic acquisitions.

Boathouse Capital completed a growth equity investment in Spark Hire, Inc., a SaaS video-based interviewing platform in the HR technology sector. The new capital will be used to further develop Spark Hire’s core platform technology and modernize its go-to-market strategy.

Nasuni Corporation acquired the technology and products of DBM Cloud Systems, Inc., adding cloud-native data migration capabilities for hybrid and multi-cloud environments. The deal is intended to enhance Nasuni’s file data services platform with improved data mobility, intelligent tiering, and multi-cloud support.

Eleven Software Inc., a Portland, Oregon-based provider of cloud-based Wi‑Fi management software (ElevenOS) for hospitality, multifamily, and community Wi‑Fi markets, has been acquired by Ven Capital Partners. The company will continue operating from its Portland headquarters and retain its team, with Ven Capital aiming to accelerate Eleven’s SaaS growth. Financial terms were not disclosed.

Ellucian completed its acquisition of CampusLogic, adding CampusLogic’s Student Financial Success SaaS platform to Ellucian’s higher-education technology portfolio. The combined offering is intended to improve the financial aid lifecycle and support higher education institutions with enrollment, retention, and completion outcomes.

Rev.io announced the acquisition of Park Bench Solutions (PBS), adding PBS’s odin productivity platform for Cisco BroadWorks users to Rev.io’s quote-to-cash and billing-as-a-service offering. The combined company will expand capabilities such as provisioning, integrations via API, analytics, and automation for telecommunications and technology service providers. This marks Rev.io’s second acquisition since Primus Capital’s growth equity investment in 2020.

myDigitalOffice, a hotel performance management platform, acquired Focal Revenue, a hospitality revenue intelligence software company. The acquisition expands myDigitalOffice’s capabilities by adding curated, more granular hotel revenue insights and enhancing cross-functional visibility across sales, marketing, and revenue teams.

saas.group announced the acquisition of Pipeline CRM, a SMB-focused CRM software provider founded in 2006. Pipeline CRM, headquartered in Seattle, Washington, will partner with saas.group to further develop its product capabilities and expand customer support and onboarding globally.

Cuadrilla Capital, LLC acquired InfoDesk, Inc., an enterprise intelligence management SaaS platform. Following the acquisition, Tim Whitehorn will lead InfoDesk as CEO, while existing executives Sterling Stites and Lynn Epstein will remain in key advisory roles. Financial terms of the deal were not disclosed.

Bloom Equity Partners acquired Viocorp International Pty Ltd (Viostream), an enterprise-grade cloud video management platform. The company was purchased from Bailador Technology Investments Ltd and other minority shareholders, with Bloom aiming to support Viostream’s next phase of growth.

Portage CyberTech Inc., a majority-owned subsidiary of Converge Technology Solutions Corp., acquired 1CRM Systems Corp., a SaaS-based CRM and business management software provider headquartered in Victoria, Canada. The purchase price included $3 million in cash at closing plus up to $2 million in earn-out payments over two years based on milestone achievement.

ToolWatch acquired Safety-Reports.com, Inc. (Safety Reports), a cloud-based mobile safety management and compliance solution provider serving the construction industry and other safety-related markets. The deal expands ToolWatch’s construction operations management platform to include safety performance, reporting, and compliance capabilities. The Riverside Company, the majority investor in ToolWatch, provided additional capital to fund the strategic combination.