Cloud & SaaS Acquisitions in United States

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.

Liquidity Services, Inc. acquired Auction Software / Simple Auction Site to form the core of Liquidity Services Software Solutions, Inc., a new private-label and SaaS business unit. The deal expands Liquidity Services’ capabilities in auction and marketplace technology serving the Circular Economy. Transaction terms were not disclosed, and key management and employees are expected to be retained post-closing.

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.

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.

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.

Docusign has agreed to acquire Lexion, an AI-powered agreement management software company, for $165 million in cash (subject to customary adjustments). The deal is intended to strengthen Docusign’s Intelligent Agreement Management (IAM) platform by adding Lexion’s AI contract workflow, document understanding, and Microsoft Word plug-in capabilities. Lexion’s products will continue to be offered and improved for its enterprise customers after the acquisition.

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.

Bow River Capital’s Software Growth Equity (SGE) Team made a majority-controlled platform investment in Accelo, a cloud-based professional services automation (PSA) SaaS platform. The investment is intended to accelerate Accelo’s product innovation roadmap (including its V4.0 launch), UX improvements, AI insights, and operational infrastructure as the company scales.

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.

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.

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.

ECI Software Solutions acquired ThermoGRID, a cloud-based SaaS platform for residential field service businesses. ThermoGRID will be integrated into ECI’s Field Service division, expanding ECI’s reach into residential service segments such as HVAC, electrical, and plumbing. The transaction closed on September 1 and financial terms were not disclosed.

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.

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.

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.

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.

Ren Inc. acquired Stellar Technology Solutions, a provider of philanthropic fiduciary enterprise SaaS and related professional services. Stellar is based in Stroudsburg, Pennsylvania, and offers the iPhi product suite for charitable organizations and financial institutions. Deal terms were not disclosed.

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.

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.

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.

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.

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.

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.

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.

Cardinality.ai announced the closing of its first external investment round, led by Attain Capital Partners. The investment is intended to accelerate Cardinality.ai’s growth and impact delivering AI-driven SaaS solutions for state and local government agencies, and includes leadership and governance changes such as the appointment of Thiag Loganathan as CEO and President and Attain’s Greg Baroni joining the board.

Acumera announced it has completed the acquisition of Reliant, an edge computing solutions provider serving retail, hospitality, healthcare, and convenience store enterprises. The transaction was completed with a strategic growth investment from an affiliate of Peak Rock Capital to support expansion of the combined company’s technology offerings and customer service capabilities.

Credit Bureau Connection (CBC), backed by private equity firm Capstreet Group, has acquired Dealer Safeguard Solutions (DSGSS), a SaaS provider of compliance and workflow solutions for the automotive retail industry. The acquisition expands CBC’s workflow and compliance management capabilities for auto dealers across the customer lifecycle. DSGSS founder and CEO Doug Fusco and the full team will remain with the combined company.

symplr, backed by Clearlake Capital Group and Charlesbank Capital Partners, completed the acquisition of Midas Health Analytics Solutions from Conduent Incorporated. The deal expands symplr’s SaaS-based governance, risk management, and compliance (GRC) platform with additional patient safety, quality, and advanced analytics capabilities for healthcare organizations.

Onex Partners V, a fund managed by Onex Corporation, agreed to make a significant investment in Analytic Partners, Inc. in partnership with the company’s founder. Analytic Partners provides a cloud-based managed software platform that helps enterprises measure and optimize marketing spend and allocations across media channels. Financial terms were not disclosed and the transaction is expected to close later in 2022, subject to customary conditions.

Fullsteam has acquired Kaleida Systems, a provider of cloud-based home care agency management software. Kaleida’s eRSP platform supports client management, scheduling, billing, and payroll for in-home and senior care providers.

McCarthy Capital announced the sale of its interest in Quantum Workplace, a provider of employee engagement and performance software. The announcement highlights Quantum Workplace’s growth during McCarthy Capital’s roughly three-year investment period, including increased bookings and continued product investment. The buyer was not disclosed.

Exclaimer Group announced the acquisition of Periodic, a SaaS calendaring and appointment scheduling company based in Bloomington, Indiana. The deal adds booking and scheduling functionality that can be embedded within Exclaimer’s email signature management platform to enhance integrated customer workflows and expand Exclaimer’s offering.

Medallia, Inc. signed a definitive agreement to acquire Thunderhead, a provider of real-time interaction management and every-channel customer journey orchestration technology. The combination is intended to enhance Medallia’s ability to deliver personalized, feedback-driven customer journeys across online and offline channels. The transaction is expected to close in the first quarter of Medallia’s fiscal year.

11:11 Systems, a managed infrastructure solutions provider backed by Tiger Infrastructure Partners, announced it has completed the acquisition of iland. The deal adds iland’s secure and compliant cloud hosting (IaaS), disaster recovery (DRaaS), and backup-as-a-service (BaaS) capabilities to 11:11’s connectivity, cloud, and security offering and follows 11:11’s recent acquisition of Green Cloud Defense. iland will be integrated into 11:11 Systems, with the business operating under the 11:11 Systems name.

The Riverside Company has invested in Augusoft, an enrollment management software provider for continuing and corporate education programs. The investment is an add-on acquisition to Riverside-backed Modern Campus, expanding Modern Campus’ higher-education customer base and strengthening its lifelong-learner engagement and non-traditional student management offerings.

The Riverside Company has invested in Apto, a provider of CRM and deal management software for commercial real estate brokers. The investment adds Apto onto Riverside’s existing portfolio company Buildout, Inc., expanding Buildout’s SaaS platform for CRE marketing, CRM, and deal management.

WebPT acquired Clinicient and its subsidiary Keet, effective January 18, 2022 following regulatory review. The deal expands WebPT’s scale and expertise in outpatient rehabilitation therapy software—adding EMR, billing, outcomes tracking, and business intelligence capabilities—to support innovation, digital front-office transformation, and improved patient outcomes. Financial terms were not disclosed.

NewSpring Growth, the growth and expansion strategy of NewSpring, invested in Appcues. Appcues plans to use the new capital to accelerate growth by expanding its remote team, developing new products and device support, and producing educational resources for SaaS professionals.

Insightful Science acquired Omiq Inc, adding cloud-based machine learning and data science SaaS capabilities for high-dimensional flow cytometry and quantitative multi-omics analysis. Omiq’s OMIQ platform will continue as a standalone product while connecting with other Insightful Science scientific R&D software offerings to expand workflow integration and customer value.

Meal Ticket and MarketMan announced a merger to combine their complementary software platforms serving foodservice distributors and restaurant operators. The transaction is supported by a growth equity investment of over $100 million from PSG to help build a global leader in software and data analytics for the foodservice industry.