Cloud & SaaS Acquisitions in Delaware

Quavo, a Wilmington, Delaware-based provider of cloud-based fraud and dispute management software, secured a $300 million growth investment from growth equity firm Spectrum Equity. The capital will accelerate Quavo's AI-led product development and expand its go-to-market and client success teams; existing investor FINTOP Capital will sell its stake while founders and Pegasystems remain significant shareholders.

Arkieva, a Wilmington-based provider of supply chain planning SaaS, received a strategic growth investment from private equity firm Banneker Partners to accelerate product and go-to-market expansion. The partnership will support inorganic growth and enhance Arkieva's digital twin and autonomous control tower capabilities for process manufacturers and global distributors.

PayRange, a Portland-based provider of mobile payment and IoT solutions for unattended retail, has acquired Turns, a Lewes, Delaware-based all-in-one laundromat operating system. The acquisition integrates Turns' business management, pickup & delivery, POS and analytics capabilities into PayRange's machine payment platform to create a unified, end-to-end SaaS platform for laundromats across the U.S.

Spectral Capital Corporation (OTCQB: FCCN) has closed the acquisition of crwdunit, inc., merging crwdunit into its wholly owned subsidiary Spectral QDA Holdings, Inc. The transaction was completed via issuance of 3,750,000 shares of Spectral stock to crwdunit stakeholders and is intended to bring crwdunit's decentralized cloud / quantum-forward technology and community into Spectral's QaaS platform.

Panopto has acquired Elai, an AI text-to-video platform, to add generative video-creation capabilities — including avatar-based learning and voice cloning — to its video learning creation and management platform. Elai, founded in 2021 and based in Lewes, Delaware, serves over 2,000 customers across industries and will expand Panopto's ability to help organizations create personalized, interactive training content more quickly.

Italian technology company Bending Spoons has agreed to acquire StreamYard Top Corp (also known as Hopin), the operator of StreamYard, Streamable, and Superwave. The acquisition brings a suite of live‑streaming, video‑hosting and community products to Bending Spoons as it seeks to expand capabilities and grow the products' user base and technology reach.

Katabat, a provider of cloud-based debt collection and debt management software, received a strategic growth investment from Tritium Partners and Terminus Capital Partners. The capital will be used to expand Katabat’s product capabilities and go-to-market, and the transaction represents an exit for venture investors Camden Partners, Osage Venture Partners and Activate Venture Partners.

HireQuest, Inc. (Nasdaq: HQI) has acquired Recruit Media, Inc., an HR tech start‑up that operates a next‑gen SaaS recruitment platform. The deal was funded with cash on hand and a modest revolver draw and is intended to accelerate HireQuest's digital strategy by integrating Recruit Media's multimedia candidate profiles, in‑app messaging/video chat, and mobile/web platform into HireQuest's franchise technology suite.

GraphCDN has acquired FastQL, the first GraphQL CDN service, and will migrate FastQL customers to GraphCDN while bringing FastQL creator Zach Hobbs on as an advisor. The deal strengthens GraphCDN's GraphQL caching and edge capabilities and cements its position in the GraphQL CDN market.