Cloud & SaaS Acquisitions in Nevada

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

TurboTenant, a PE-backed rental property management platform, has acquired Azibo, a financial services platform for rental properties. The acquisition will integrate Azibo's rent collection and landlord financial tools into TurboTenant's all-in-one SaaS platform to provide expanded capabilities to landlords and real estate investors across the United States.

saas.group has acquired KingWebMaster, the maker of the Advanced Shipping Manager shipping-rate SaaS for e-commerce platforms like Shopify and BigCommerce. The deal expands saas.group's portfolio of e-commerce-focused SaaS products and aims to accelerate product development and service upgrades for KingWebMaster's merchant customers.

Arcadea Group, a long-hold, growth-oriented SaaS investor, has made a majority strategic growth investment in Flight Vector, a provider of dispatch, fleet and operations software for air and ground transport customers. The deal will support accelerated product development, expanded services and international growth while Flight Vector’s founder and CEO, Scot Cromer, remains in place with a meaningful equity stake.

AgencyBloc, a Resurgens-backed agency management system provider, has acquired Radius, a Las Vegas-based sales enablement provider for life and health insurance brokers. The add-on expands AgencyBloc's sales enablement capabilities — including lead distribution, texting and integrated VoIP/call routing — to accelerate its vision of a single, end-to-end platform for brokers and high-volume organizations.

Texada Software acquired LogiMove (CheckMobile Global), a no-code/low-code mobile application provider for field and service operations in the equipment rental and dealer industry. The acquisition adds LogiMove's mobile-first, configurable field workflows to Texada's SaaS platform, expanding Texada's capabilities for inspections, service and field operations integration.

eLearning Brothers, a learning solutions company based in American Fork, Utah, has acquired Rehearsal, a Reno-based video practice and coaching platform that uses AI to deliver feedback and scoring. The acquisition expands eLearning Brothers’ video-based learning and coaching capabilities—strengthening its sales enablement and remote training offerings.

Parthenon Capital has made a growth investment in BirchStreet Systems alongside existing investor Serent Capital; terms were not disclosed. The capital will accelerate BirchStreet’s growth (organic and M&A) as Brendan Reidy assumes the role of CEO to lead the company’s next phase of expansion.

TELEO Capital Management completed a significant growth equity investment in Teesnap, a Las Vegas‑based golf course operations SaaS platform, partnering with existing shareholder Allegiant Travel Company. The capital will support product innovation, go-to-market initiatives, geographic expansion and follow-on acquisitions to accelerate Teesnap's growth.

Files.com, a provider of secure file workflows and automation, received a $46.5 million growth investment from Riverwood Capital to accelerate product development and expand adoption of its cloud-based automation platform. The company -- a bootstrapped, profitable business serving more than 1,500 customers -- will use the capital to speed its development roadmap and scale growth.

Xenon Partners, a SaaS-focused private equity firm, has acquired UXPin, a collaborative design and prototyping SaaS platform. Xenon said it will leverage its growth and operating expertise to expand UXPin’s product, reach and go-to-market capabilities for design and development teams.