Cloud & SaaS Buyers & Acquisitions in Oregon

Tracked deals

20

20 tracked deals across 2019-2026.

Buyer mix

Mixed buyer set

16 pe · 12 strategic

Top trend

Volume peaked in 2022

6 tracked deals announced in 2022.

Primary Insight

What Stands Out

  • Major investing firms show up repeatedly, including Demand Science, Revinate, Serent Capital, Goldman Sachs Alternatives, Blackstone, BC Partners, and Primus Capital.
  • Oregon targets cover multiple SaaS verticals: food-industry regulatory compliance, hospitality sales and marketing, legal trial presentation tools, and cloud-based Wi‑Fi management.
  • Buyers often pursue platform integration—combining product capabilities to expand into end-to-end offerings (e.g., booking solutions; ecommerce multichannel management).
  • Several deals emphasize local continuity (e.g., retaining Portland teams) and scaling product innovation after the acquisition.
Recurring buyer / investor Common pattern in Oregon deals
TPG (The Rise Funds), Goldman Sachs Alternatives consortium (incl. Blackstone, BC Partners) Majority investment / stake with follow-on scaling support
Strategic/platform acquirers like Cart.com, WebPT, RealPage, Autodesk Add-on capability expansion into existing clouds/platforms

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Buyer Snapshot

Top Buyers

Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.

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Buyer # Deals Focus Type
Accel-KKR 1 Technology-focused private equity firm that invests in so... PE
Autodesk, Inc. 1 Provider of design, engineering and construction software... Strategic
Avalara, Inc. 1 Provider of cloud-based sales and transaction tax complia... Strategic
BC Partners 1 European buyout investment firm that retains a minority s... PE
Bain Capital Credit 1 Credit and credit-related investment affiliate of Bain Ca... PE
Bigtincan 1 Provider of a mobile, AI-powered sales enablement automat... Strategic
Blackstone 1 Global alternative asset manager with a private equity st... PE
Cart.com 1 End-to-end ecommerce-as-a-service provider offering store... Strategic
Demand Science 1 Global buyer-intelligence and B2B demand-generation platf... Strategic
Elm Street Technology 1 Provider of real estate technology and marketing services... Strategic (PE-backed)

Acquisition Volume in Cloud & SaaS in Oregon by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Cloud & SaaS Buyers & Acquisitions in Oregon. 3 2019 4 2020 3 2021 6 2022 2 2023 1 2025 ~2 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • TPG's The Rise Funds Acquires Majority Stake in Trustwell
    January 5, 2026
    Buyer
    TPG (The Rise Funds)
    Target
    Trustwell
    Seller
    The Riverside Company
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    TPG's The Rise Funds has made a majority investment in Trustwell, a SaaS provider of regulatory compliance, traceability and supplier management software for the food industry. The Riverside Company has fully exited its investment; financial terms were not disclosed. The partnership aims to accelerate Trustwell's product innovation and scale adoption across food and beverage supply chains.

  • Goldman Sachs Alternatives Consortium (Including Blackstone) Acquires Majority Stake in NAVEX
    October 14, 2025
    Buyer
    Goldman Sachs Alternatives, Blackstone, BC Partners
    Target
    NAVEX
    Seller
    BC Partners, Vista Equity Partners
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Goldman Sachs Alternatives’ private equity division, backed by a consortium including Blackstone, has completed the acquisition of a majority stake in NAVEX. Blackstone becomes a significant minority investor, BC Partners retains a significant minority stake, and Vista Equity Partners has exited its investment.

  • SJA Enterprises Acquires TrialLine.com
    July 11, 2023
    Buyer
    SJA Enterprises
    Target
    TrialLine.com
    Seller
    Travis Luther
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    SJA Enterprises, a SaaS provider, has acquired TrialLine.com, a cloud-based timeline and trial presentation software for legal professionals. The acquisition expands SJA's SaaS portfolio and will support further product development and team growth to better serve law firms and litigation support customers.

  • JMI Equity Invests in Visiting Media
    January 19, 2023
    Buyer
    JMI Equity
    Target
    Visiting Media
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Growth capital

    JMI Equity has made a strategic growth investment in Visiting Media, a Carlton, Oregon–based provider of a cloud-based sales enablement platform (TrueTour) for the hospitality and events industry. The capital will be used to expand the team, accelerate product innovation and growth; JMI principals Chase Thomet (Director) and Brian Hersman (Observer) will join Visiting Media's board.

  • NinjaCat Acquires Shape.io
    August 9, 2022
    Buyer
    NinjaCat
    Target
    Shape.io
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    NinjaCat, the digital marketing performance management platform, has acquired Shape.io, a pay-per-click (PPC) budget management software suite. The acquisition integrates Shape.io's budget monitoring and automation capabilities and teams into NinjaCat to accelerate delivery of an all-in-one marketing data and reporting platform.

  • Ven Capital Partners Acquires Eleven Software
    April 26, 2022
    Buyer
    Ven Capital Partners, Pacific Lake Partners, Miramar Equity Partners, Bain Capital Credit
    Target
    Eleven Software Inc.
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Ven Capital Partners, with investment support from Pacific Lake Partners, Miramar Equity Partners and Bain Capital Credit, has acquired Eleven Software, a Portland-based provider of cloud-based Wi‑Fi management software for hospitality, multifamily and community markets. The PE acquisition will retain Eleven's team in Portland and aims to accelerate the company's SaaS growth and product capabilities for hospitality, multifamily and municipal customers.

  • Autodesk Acquires XR Platform The Wild
    March 24, 2022
    Buyer
    Autodesk, Inc.
    Target
    The Wild, IrisVR
    Seller
    Gabe Paez (founder and CEO)
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Autodesk has signed a definitive agreement to acquire The Wild, a cloud-connected extended reality (XR) platform (including IrisVR) that provides immersive collaboration and review tools for architecture, engineering and construction (AEC) teams. The acquisition is intended to expand Autodesk’s XR capabilities and integrate The Wild’s virtual collaboration tools into Autodesk’s broader design and construction cloud offerings.

  • The Riverside Company Acquires ESHA Research
    March 8, 2022
    Buyer
    The Riverside Company
    Target
    ESHA Research
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    The Riverside Company, a global private equity firm, has acquired ESHA Research, a Salem, Oregon–based provider of SaaS nutritional analysis, label-compliance and formulation software. Riverside plans to invest in product innovation, sales and marketing, and customer support to accelerate product development, expand internationally, and pursue complementary add-on opportunities while ESHA continues to operate under its existing management and location.

  • WebPT Acquires Clinicient and Subsidiary Keet
    January 19, 2022
    Buyer
    WebPT
    Target
    Clinicient, Keet, Inc.
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    WebPT has acquired Clinicient and its subsidiary Keet, expanding its outpatient rehabilitation SaaS platform and adding Clinicient’s EMR, billing, and business intelligence capabilities. The deal (effective January 18, 2022) — financial terms undisclosed — increases scale across outpatient rehab, with the combined companies serving more than 27,000 clinics and 43 million patients; Ashley Glover will lead the combined company as CEO.

  • Cart.com Acquires SellerActive to Expand Multichannel Ecommerce Capabilities
    January 18, 2022
    Buyer
    Cart.com
    Target
    SellerActive
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Cart.com, an end-to-end ecommerce-as-a-service provider, acquired SellerActive, a Portland-based SaaS multichannel ecommerce management platform. The acquisition integrates SellerActive’s listings, inventory, pricing, and fulfillment automation into Cart.com’s suite to expand multichannel capabilities and drive growth for ecommerce brands.

  • RealPage Acquires G5 Search Marketing
    September 15, 2021
    Buyer
    RealPage, Inc.
    Target
    G5 Search Marketing, Inc.
    Seller
    PeakEquity Partners, Milestone Partners
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    RealPage, Inc. has agreed to acquire G5 Search Marketing, a Bend, Oregon–based provider of SaaS digital marketing and analytics for the real estate sector. The acquisition adds G5's AI/ML-driven marketing optimization capabilities to RealPage's end-to-end real estate platform; the deal closed in Q3 2021 and was backed by the fact that G5 was held by PeakEquity Partners and Milestone Partners.

  • Serent-Backed Revinate Acquires NAVIS
    July 27, 2021
    Buyer
    Revinate, Serent Capital
    Target
    NAVIS
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Addon

    Revinate, backed by Serent Capital, has acquired NAVIS and will operate under the Revinate name with Serent as the largest shareholder. The combined company will integrate Revinate's guest data and marketing automation platform with NAVIS' reservation sales and direct-booking capabilities to create an end-to-end booking solution for hoteliers, serving nearly 8,000 hotels; NAVIS CEO Kyle Buehner will retire and transition responsibilities to Revinate CEO Marc Heyneker.

  • Demand Science Acquires Tidings
    February 2, 2021
    Buyer
    Demand Science
    Target
    Tidings
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Demand Science, a global buyer-intelligence and demand-generation platform, has acquired Tidings, an on-demand automated newsletter creation SaaS. The acquisition expands Demand Science’s sales enablement and content-driven customer engagement capabilities by integrating Tidings’ no-code newsletter tools and bringing founder David Mihm onto the team as VP, Head of Product.

  • Avalara Acquires Transaction Tax Resources (TTR)
    October 5, 2020
    Buyer
    Avalara, Inc.
    Target
    Transaction Tax Resources, Inc.
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Avalara, Inc. (NYSE: AVLR) acquired Transaction Tax Resources, Inc. (TTR) for approximately $377 million in cash, strengthening Avalara's enterprise tax capabilities and content database. The deal brings TTR's tax research, rates database, and exemption certificate management solutions into Avalara's cloud tax automation platform and adds roughly 1,400 customers primarily in enterprise verticals.

  • Primus Capital Makes Growth Investment in Cayuse; Quad Partners Reinvests
    August 27, 2020
    Buyer
    Primus Capital, Quad Partners
    Target
    Cayuse
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Growth capital

    Primus Capital led a major growth investment in Cayuse, the Portland-based market leader in cloud-native research administration software. Quad Partners and its affiliates reinvested alongside Primus to support Cayuse’s product innovation, platform expansion and continued strategic acquisitions; Macquarie Capital served as Cayuse’s financial advisor.

  • Elm Street Technology (Vaquero Capital-backed) Acquires IDX Broker from Main Street Capital
    June 24, 2020
    Buyer
    Elm Street Technology, Vaquero Capital
    Target
    IDX Broker, LLC
    Seller
    Main Street Capital Corporation
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Addon

    Elm Street Technology, a sponsor-backed real estate technology platform, has acquired IDX Broker, LLC, a Eugene-based provider of IDX search and lead-management SaaS for real estate professionals. The transaction (backed by Vaquero Capital) represents an add-on to Elm Street’s platform; Main Street Capital Corporation exited its debt and equity investments and realized a reported $9.3 million gain on the sale.

  • Accel-KKR Acquires Springbrook Software from Accela
    January 7, 2020
    Buyer
    Accel-KKR
    Target
    Springbrook Software
    Seller
    Accela
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Accel-KKR, a technology-focused private equity firm, has acquired Springbrook Software, a provider of cloud-based ERP, finance, payroll and utility billing software for local governments. The carve-out from Accela will let Springbrook operate as an independent company with increased investment to accelerate product innovation, customer care and growth across North America.

  • Waud Capital Partners Acquires Health & Safety Institute (HSI) from The Riverside Company
    September 3, 2019
    Buyer
    Waud Capital Partners
    Target
    Health & Safety Institute
    Seller
    The Riverside Company
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Waud Capital Partners acquired Health & Safety Institute (HSI) from The Riverside Company. HSI provides an integrated, cloud-based compliance and training technology platform spanning workplace safety (including chemical/SDS management software) and emergency care training, certification, and ongoing responder education.

  • Bigtincan Acquires Veelo Inc.
    July 25, 2019
    Buyer
    Bigtincan
    Target
    Veelo Inc.
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    Bigtincan (ASX:BTH) acquired Veelo Inc., a Portland-based sales enablement platform, to expand its sales enablement capabilities and strengthen its presence in the technology market vertical. The acquisition will integrate Veelo’s desktop/web-focused sales enablement and content/coach features into Bigtincan’s mobile-first, AI-powered platform and adds Veelo employees across the United States (including Portland, OR and Minneapolis, MN) to Bigtincan’s North American footprint.

  • KPA Acquires Compli
    January 15, 2019
    Buyer
    KPA
    Target
    Compli
    Industry
    Cloud & SaaS
    Location
    Oregon, United States
    Type
    Buyout

    KPA, a SaaS and services provider for compliance and workforce management, has acquired Compli, a Portland-based provider of HR business process automation software. The acquisition adds Compli’s workflow and compliance automation capabilities to KPA’s HRIS, ATS, training and HR advisory offerings to expand KPA’s human capital management solution for small and middle-market companies.

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Frequently Asked Questions

Which kinds of SaaS businesses are being acquired in Oregon?

The page highlights SaaS across multiple verticals, including regulatory compliance and supplier management for food, hospitality guest data and booking, cloud-based legal trial presentation, and real estate digital marketing and analytics.

Are the acquisitions mostly majority deals or full buyouts?

The featured deals include both majority investments and acquisitions where an investor completes a purchase (for example, majority stakes in Trustwell and NAVEX, as well as acquisitions like Cart.com buying SellerActive).

What investment firms appear repeatedly across Oregon’s SaaS activity?

Recurring names include Revinate and Serent Capital, as well as investors such as Goldman Sachs Alternatives, Blackstone, BC Partners, and others listed for the state page.

Do these deals tend to keep teams in Oregon?

Some transactions explicitly mention local continuity, such as retaining Eleven’s Portland team after Ven Capital Partners acquired Eleven Software; other deals describe scaling goals tied to the acquired company’s existing operations.

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