Tracked deals
37
37 tracked deals across 2019-2026.
Cloud & SaaS Buyers & Acquisitions in Michigan
Buyer mix
Mixed buyer set
27 strategic · 19 pe
Top trend
Volume peaked in 2021
10 tracked deals announced in 2021.
Primary Insight
What Stands Out
- Observability, telemetry, and governance show up in the Dynatrace–Bindplane deal, framed around extending capabilities across the telemetry lifecycle.
- Industry and vertical software is a recurring theme, including association management (MemberLeap), distribution ERP/WMS (Savance Enterprise), and CPQ for manufacturers (QSTRAT).
- Data and operational intelligence are reinforced by facility/data-center visibility via Wesco International’s acquisition of entroCIM.
- Platform integration is common: Convey is combining Powerley’s appliance-level energy analytics and BillWise AI into utility-focused customer engagement.
| Deal type | Illustrative examples (Michigan) |
|---|---|
| Observability & telemetry | Dynatrace → Bindplane |
| Vertical business software | Embrace Software → QSTRAT; Klipboard → Savance Enterprise |
| Enterprise/platform integration | Convey → Powerley; TouchBistro → PeachWorks |
| Cloud-native compliance/automation | Thomson Reuters → cPaperless (SafeSend) |
Build a buyer list for your Cloud & SaaS deal
Find buyers actively acquiring cloud & saas companies.
Find buyers like these for your dealBuyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Serent Capital | 2 | Growth-focused private equity firm that partners with B2B... | PE |
| Accel-KKR | 1 | Technology-focused private equity firm investing in softw... | PE |
| Adventure Credit Union | 1 | Community-based credit union serving Michigan members; ex... | Strategic |
| Ambina Partners | 1 | Growth-oriented private equity firm investing in middle-m... | PE |
| BV Investment Partners | 1 | Sector-focused private equity firm investing in tech-enab... | PE |
| Bregal Sagemount | 1 | Growth-focused private equity firm investing in healthcar... | PE |
| Clearlake Capital Group, L.P. | 1 | Private equity firm focused on technology, industrials an... | PE |
| Connectria | 1 | Provider of cloud hosting, cloud managed services, cloud ... | Strategic |
| Convey | 1 | Provider of customer engagement software and intelligent ... | Strategic (PE-backed) |
| Cordance | 1 | Acquires and scales vertically-focused B2B SaaS companies... | Strategic |
Acquisition Volume in Cloud & SaaS in Michigan by Year
Last 8 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
May 26, 2026
- Buyer
- Bregal Sagemount
- Target
- LSPedia
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Bregal Sagemount made a strategic growth investment in LSPedia, a Farmington Hills, Michigan-based provider of compliance, traceability, and supply chain software for the pharmaceutical industry. LSPedia plans to use the funding to continue product innovation, expand its customer base, and accelerate its global growth strategy.
-
- Buyer
- Dynatrace
- Target
- Bindplane
- Seller
- Edison Partners
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Dynatrace entered into an agreement to acquire Bindplane, a telemetry pipeline company built on open standards that serves as a control plane for data from disparate sources. The deal is aimed at extending Dynatrace’s capabilities across the telemetry lifecycle and improving control, flexibility, and governance over observability data before downstream ingestion.
-
April 7, 2026
- Buyer
- Valsoft Corporation Inc., Lighthouse Software Group (LSG Canada Inc.)
- Target
- MemberLeap
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Lighthouse Software Group, a wholly owned subsidiary of Valsoft Corporation, acquired MemberLeap, a cloud-based association management software (AMS) platform serving nearly 600 nonprofits and membership organizations across North America. MemberLeap will continue operating autonomously under the Lighthouse umbrella, with its leadership team and employees remaining in place.
-
January 16, 2026
- Buyer
- Klipboard
- Target
- Savance Enterprise
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Klipboard, a UK-based cloud business management software provider, has acquired Savance Enterprise, a US-focused ERP platform for wholesale distributors. The acquisition expands Klipboard's presence and capabilities in the U.S. wholesale distribution market, adding Savance's distribution-focused ERP and WMS capabilities to Klipboard's cloud portfolio; financial terms were not disclosed.
-
October 30, 2025
- Buyer
- Convey
- Target
- Powerley
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Convey, a Denver-based customer engagement software provider, has acquired Powerley, an AI-powered home energy management SaaS company headquartered in Royal Oak, Michigan. The deal integrates Powerley’s appliance-level energy analytics and BillWise AI into Convey’s platform to enhance utilities’ predictive billing, personalized energy insights, and customer engagement capabilities as an add-on to Convey’s PE-backed platform.
-
- Buyer
- Adventure Credit Union
- Target
- Member Driven Technologies (MDT)
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Adventure Credit Union has gone live on Member Driven Technologies' (MDT) Symitar-hosted core platform following its merger with Astera Credit Union and has joined MDT's board, becoming an owner of the CUSO. The move gives the newly merged credit union access to MDT's cloud-based core processing and managed services to support growth and streamline operations.
-
January 29, 2025
- Buyer
- World Host Group
- Target
- A2 Hosting
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
World Host Group has acquired A2 Hosting (which subsequently rebranded as hosting.com), bringing the long-established Ann Arbor–based web host into World Host Group's multi-brand portfolio. The deal is positioned as part of World Host Group's consolidation strategy to scale hosting operations and expand its managed and recurring hosting services.
-
January 2, 2025
- Buyer
- Thomson Reuters Corporation
- Target
- cPaperless, LLC (SafeSend)
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Thomson Reuters has acquired cPaperless, LLC (doing business as SafeSend) for $600 million in cash. SafeSend, a Michigan-based cloud-native tax automation provider with ~235 employees and expected 2025 revenue of about $60 million, will be integrated into Thomson Reuters' tax product portfolio while continuing to interoperate with other vendors.
-
November 25, 2024
- Buyer
- Embrace Software Inc.
- Target
- QSTRAT
- Seller
- Steve Wargalla
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Embrace Software (via its Embrace Industrial group) acquired QSTRAT, a provider of sourcing and quoting software for manufacturers and distributors. The deal expands Embrace Industrial into the configure, price, and quote (CPQ) vertical and aims to integrate QSTRAT’s RFx and cost analysis capabilities into Embrace’s industrial solution stack.
-
September 24, 2024
- Buyer
- Invictus Growth Partners
- Target
- Campfire Interactive Inc.
- Seller
- Existing investors (unnamed)
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Invictus Growth Partners has made a $37 million majority investment in Campfire Interactive, a Ann Arbor–based provider of SaaS profitability and forecasting software for manufacturers and automotive suppliers. The capital will be used to accelerate product innovation, expand sales and marketing, and scale Campfire’s machine-learning and analytics capabilities while existing investors retain a minority stake alongside the founders.
-
September 10, 2024
- Buyer
- TouchBistro
- Target
- PeachWorks
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
TouchBistro has acquired restaurant management software PeachWorks and launched integrated Inventory Management and Labor Management products that tie directly into its POS. The acquisition expands TouchBistro's back-of-house capabilities, enabling restaurateurs to better manage inventory, labor scheduling and forecasting to reduce costs and streamline operations.
-
June 5, 2024
- Buyer
- Wesco International
- Target
- entroCIM
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Wesco International has acquired entroCIM, a provider of data center and building intelligence software, for an initial $30 million plus potential earnouts. The acquisition brings Wesco a browser-based, SaaS Central Intelligence Manager (CIM) that aggregates IT/OT data to deliver operational insights for data centers and large commercial facilities.
-
April 10, 2024
- Buyer
- Serent Capital
- Target
- Traumasoft
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Serent Capital has made a growth investment in Traumasoft, a cloud-based EMS software provider. The capital will support expansion of Traumasoft’s integrated EMS platform, strengthen customer experience, and scale sales and marketing efforts.
-
July 10, 2023
- Buyer
- Reseda Group
- Target
- ChannelNet
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Reseda Group, the credit-union-owned CUSO of MSU Federal Credit Union, has acquired ChannelNet, a Dearborn-based provider of the OneClick Financial digital engagement SaaS platform. The acquisition adds ChannelNet's data-driven personalization and engagement capabilities to Reseda Group's portfolio to help credit unions accelerate digital transformation and member engagement.
-
June 20, 2023
- Buyer
- Insurance Quantified
- Target
- Groundspeed Analytics
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Insurance Quantified, backed by Two Sigma, has acquired Groundspeed Analytics to combine underwriting workbench and ingestion/data capabilities for the commercial property & casualty insurance market. The deal expands Insurance Quantified's SaaS underwriting technology and creates an enlarged platform for commercial P&C insurers, with Groundspeed's CEO joining the leadership team and a new office in Ann Arbor, Michigan.
-
May 10, 2023
- Buyer
- Serent Capital
- Target
- BS&A
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Serent Capital, a growth-focused private equity firm, has made a significant growth investment in BS&A, a US-based ERP software provider for municipalities. The capital will be used to accelerate geographic expansion and further adoption of BS&A's cloud ERP product across local governments.
-
- Buyer
- Saaswedo, EPSA Groupe
- Target
- Communication Brokers Inc. (CBI Telecommunications)
- Seller
- Denise Booms-Pepin
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Saaswedo, a subsidiary of France-based EPSA Groupe, has acquired Communication Brokers Inc. (CBI Telecommunications), a Grand Rapids, Michigan-based telecom expense management (TEMS) and managed services provider. The deal gives Saaswedo a strategic entry into the United States and combines complementary TEMS platforms and consulting capabilities to expand service offerings globally; terms were not disclosed.
-
December 14, 2022
- Buyer
- Tiugo Technologies, PSG
- Target
- ButterCMS
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Tiugo Technologies, a PSG portfolio company, has acquired ButterCMS, a headless CMS provider, to expand its collection of API-first developer platforms. The add-on strengthens Tiugo's content management capabilities and broadens its offerings to digitally native enterprises, mid-market firms and SMBs; financial terms were not disclosed.
-
May 31, 2022
- Buyer
- Miss Group
- Target
- CloudAccess
- Seller
- Cloud Equity Group
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Miss Group, an international web hosting provider headquartered in Stockholm, has acquired CloudAccess, a WordPress and Joomla platform-as-a-service hosting provider, from Cloud Equity Group. Terms were not disclosed. The deal expands Miss Group's reach into North America and strengthens its WordPress/Joomla hosting capabilities.
-
April 26, 2022
- Buyer
- Munetrix, Essex Bay Capital
- Target
- Dynamo Metrics Inc.
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Munetrix, a PE-backed SaaS provider of municipal and education performance analytics, has acquired Dynamo Metrics Inc., a provider of parcel-level planning and neighborhood health analytics for local governments and public-sector partners. The deal — Munetrix's first add-on since investment from Essex Bay Capital — brings Dynamo's founders into Munetrix's leadership and expands the platform's capability for economic/community development and school-district analytics.
-
- Buyer
- Ambina Partners, InvestorFlow, Inc.
- Target
- Cloud Theory, Inc.
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
InvestorFlow has merged with Cloud Theory to create a combined deal and investor engagement platform serving the financial services industry, retaining the InvestorFlow name and establishing headquarters in Menlo Park, California. Ambina Partners led a $30 million Series A strategic investment to accelerate growth and support product expansion for the combined company.
-
April 4, 2022
- Buyer
- Cordance
- Target
- McCreadie Group
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Cordance has completed the acquisition of McCreadie Group, a provider of Vestigo and PharmAcademic software for research pharmacy operations and pharmacy education. The deal will allow McCreadie Group to leverage Cordance's SaaS expertise and resources to scale its products for global drug research and advanced pharmacy education.
-
January 1, 2022
- Buyer
- BV Investment Partners
- Target
- Level Data
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
BV Investment Partners has made a growth investment in Level Data, a Kalamazoo, Michigan-based provider of a SaaS suite for K-12 school districts that offers data validation, cleansing, reporting, and analytics. The capital will support Level Data's continued product and market expansion in the K-12 education sector.
-
December 14, 2021
- Buyer
- Dude Solutions, Clearlake Capital Group, L.P.
- Target
- Facility Health, Inc.
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Dude Solutions, a Clearlake Capital-backed SaaS provider of operations management solutions, has acquired Facility Health, Inc., a Grand Rapids-based provider of capital planning and asset health analytics software. The add-on acquisition strengthens Dude Solutions' enterprise asset management portfolio and expands its healthcare asset-management capabilities and North American footprint; financial terms were not disclosed.
-
November 16, 2021
- Buyer
- Accel-KKR
- Target
- Enmark Systems, Inc.
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Enmark Systems, the Ann Arbor-based developer of ENITEO ERP for metal service centers, received a significant growth investment from technology-focused private equity firm Accel-KKR. The deal installs Grant Stanis as CEO while founder Michael Rybicki moves to CTO and strategic advisory role, and the capital will be used to accelerate product innovation, customer success initiatives and strategic acquisitions.
-
November 16, 2021
- Buyer
- iQmetrix
- Target
- Viva Tracker
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
iQmetrix, a Vancouver-based provider of telecom retail management software, has acquired Viva Tracker, a web-based back-office SaaS solution serving T-Mobile and Sprint wireless retailers. The acquisition brings Viva Tracker's team and capabilities into iQmetrix as a subsidiary to extend iQmetrix's retail management platform and expand market opportunities in the wireless retail channel.
-
October 21, 2021
- Buyer
- Olo Inc.
- Target
- Wisely Inc.
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Olo Inc. (NYSE: OLO) will acquire Wisely Inc., a customer intelligence and engagement platform for restaurants, for approximately $187 million ($77M cash and $110M in stock). The acquisition expands Olo’s platform capabilities with Wisely’s CRM, CDP, reservations, and guest-engagement tools to deepen restaurant customer relationships and accelerate Olo’s data and marketing offerings.
-
September 15, 2021
- Buyer
- Kalkomey, Cove Hill Partners
- Target
- Sportsman Tracker
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
Kalkomey, a provider of online recreational safety education backed by private equity firm Cove Hill Partners, has acquired Sportsman Tracker, the developer of the HuntWise hunting app. The deal brings HuntWise's mobile SaaS mapping and species-prediction capabilities into Kalkomey’s platform to expand product capabilities and reach more outdoor enthusiasts.
-
July 20, 2021
- Buyer
- Plymouth Growth
- Target
- Algo
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Plymouth Growth, a growth equity firm, made a multi-million dollar investment in Algo, a Troy, Michigan-based supply chain optimization SaaS provider. The capital and strategic partnership (with Plymouth partner Kevin Terrasi joining Algo's board) will be used to accelerate market penetration and expand Algo's sales and marketing capabilities.
-
- Buyer
- SyBridge Technologies
- Target
- Toolstats (software)
- Seller
- CaptureMore
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
SyBridge Technologies, a Crestview Partners-backed industrial technology platform, has acquired the Toolstats software and exclusive related intellectual property from CaptureMore. The add-on purchase enables SyBridge to launch SyBridge IoT Cloud, expanding its cloud-based digital services for tooling, mold and manufacturing lifecycle management.
-
April 6, 2021
- Buyer
- Lead Edge Capital
- Target
- SafeSend
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
Lead Edge Capital has made a growth-stage investment in SafeSend, a provider of e-sign and workflow automation software for CPAs and tax preparers. The partnership gives Lead Edge board representation and will fund product innovation, sales and marketing expansion, and further development of the SafeSend Suite.
-
March 2, 2021
- Buyer
- Plex Systems
- Target
- Kors Engineering
- Seller
- Kors Engineering, Tony Kaczmarek
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Plex Systems has acquired Kors Engineering, a Waterford, Michigan provider of plant-floor connectivity and manufacturing process automation software (Mach2). The acquisition integrates Kors' Mach2 solution into the Plex Smart Manufacturing Platform to extend plant-edge connectivity, MES/IIoT integration and production-level automation for Plex customers.
-
December 24, 2020
- Buyer
- Providence Equity Partners
- Target
- 365 Retail Markets
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Providence Equity Partners has made a majority investment in 365 Retail Markets, a Troy, Michigan-based provider of self-service commerce technology for the foodservice industry. Providence will partner with existing investor McCarthy Capital and the company's management team to support product development, customer services, and accelerated growth while CEO Joe Hessling remains a significant shareholder.
-
December 3, 2020
- Buyer
- HungerRush
- Target
- OrdrAI
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Addon
HungerRush, a CapStreet portfolio company, has acquired OrdrAI, a conversational AI provider that enables text- and voice-based ordering for restaurants. The acquisition integrates OrdrAI's AI-driven SMS and voice ordering capabilities into the HungerRush Restaurant Management System as an add-on to expand digital ordering and self-service channels.
-
November 19, 2019
- Buyer
- Connectria
- Target
- WSM International
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Buyout
Connectria has acquired WSM International to expand its cloud migration and professional services capabilities, enabling an end-to-end cloud offering that combines Connectria’s managed services and TRIA platform with WSM’s migration, DevOps and CCOE expertise. WSM brings nearly 250 employees, roughly $60 million in annual revenue and extensive experience across North America and Europe, accelerating Connectria’s ability to migrate and onboard customers to AWS and Azure securely and compliantly.
-
October 16, 2019
- Buyer
- LLR Partners, Parthenon Capital
- Target
- DaySmart Software
- Seller
- SFW Capital Partners
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Recapitalization
LLR Partners and Parthenon Capital completed a growth-oriented recapitalization of DaySmart Software, acquiring the Ann Arbor-based provider of vertically-focused business management software for salons, pet care, spas and tattoo studios from SFW Capital Partners. The recapitalization is intended to fund product investment, accelerate organic growth and enable complementary acquisitions while DaySmart remains led by CEO Jeff Dickerson.
-
- Buyer
- Evergreen Coast Capital, Insight Partners
- Target
- WorkForce Software
- Industry
- Cloud & SaaS
- Location
- Michigan, United States
- Type
- Growth capital
WorkForce Software, a Livonia, Michigan-based provider of cloud workforce management solutions, received a significant equity investment from affiliates of Evergreen Coast Capital, which will become an equal partner with existing majority investor Insight Partners. The growth investment is intended to accelerate international expansion, product innovation, and scale the company’s customer experience; terms were not disclosed.
Full Export
Purchase this data
Get the full acquisitions list for this page as CSV + XLSX.
Build a buyer list for your Cloud & SaaS deal
Find buyers actively acquiring cloud & saas companies.
Frequently Asked Questions
What kinds of Cloud & SaaS acquisitions are happening in Michigan?
Recent deals span software platforms and data/analytics capabilities, including observability/telemetry (Dynatrace–Bindplane), association management (Lighthouse Software Group–MemberLeap), distribution ERP/WMS (Klipboard–Savance Enterprise), and tax automation (Thomson Reuters–SafeSend).
Which Michigan deals focus on data and operational intelligence?
Several transactions emphasize aggregated or operationalized data—such as IT/OT data aggregation for facilities via Wesco International’s acquisition of entroCIM, and observability telemetry control-plane goals in Dynatrace’s agreement to acquire Bindplane.
Do acquirers keep acquired companies operating independently?
Some deals indicate continuity of operations. For example, Lighthouse Software Group (Valsoft) says MemberLeap will continue operating autonomously under the Lighthouse umbrella with its leadership team and employees remaining in place.
Are Michigan deals limited to one customer segment?
No—acquirers target a range of users, from utilities and energy management (Convey–Powerley) to credit unions and cloud core processing (Adventure Credit Union’s move onto MDT’s platform) and hospitality operations (TouchBistro–PeachWorks).
Related Acquisition Pages
Cloud & SaaS Buyers & Acquisitions
Cloud & SaaS Buyers & Acquisitions in Canada
Private Equity-Backed Cloud & SaaS Buyers
Cloud & SaaS Acquisitions in 2026
Cloud & SaaS Acquisitions in 2025
Cloud & SaaS Acquisitions in 2024
Cloud & SaaS Acquisitions in 2023
Cloud & SaaS Acquisitions in 2022
Cloud & SaaS Acquisitions in 2021
Acquisitions in Michigan
Private Equity-Backed Acquisitions in Michigan
Acquisitions in Michigan in 2026