Encora Acquires Excellarate from Frontenac

Advent International Acquires Majority Stake in Encora

December 21, 2021

IT Services

Advent International has acquired a majority stake in Encora, a global digital engineering and software product development services provider. Warburg Pincus, the prior majority shareholder, retains a minority stake; Advent will partner with Encora's management to accelerate global growth, expand capabilities, and pursue targeted M&A.

Encora Acquires Daitan

July 6, 2021

IT Services

Encora, a Warburg Pincus‑backed global product engineering services provider, has acquired Daitan, a high‑performing software engineering services company. The acquisition adds roughly 600 engineers and strengthens Encora’s capabilities in AI, data engineering and cloud native architecture while expanding its footprint in Latin America (notably Brazil).

Advarra Acquires YourEncore

January 7, 2021

Healthcare Services

Advarra has acquired YourEncore, a provider of drug development and commercialization advisory and consulting services. The acquisition expands Advarra's consulting capabilities—combining YourEncore's centers of excellence in quality, regulatory, and clinical with Advarra's IRB, IBC review and clinical site technology offerings to better serve biopharmaceutical sponsors, device manufacturers and academic medical centers.

Excellere Partners Invests in Concord Technologies

January 30, 2019

Cloud & SaaS

Denver-based private equity firm Excellere Partners has made a strategic growth investment in Concord Technologies, a Seattle-based provider of secure, cloud-based healthcare interoperability, document automation and AI-powered workflow solutions. The capital will support Concord’s scaling efforts and product/capability expansion as the company continues to serve over 1,500 customers with its NEXTSTEP platform and other interoperability offerings.

Frontenac Acquires Prime Technology Group from Renovus Capital Partners

January 7, 2020

IT Services

Frontenac, a Chicago-based private equity firm, has acquired Prime Technology Group, a Wayne, Pennsylvania-headquartered provider of outsourced application development and managed software solutions, from Renovus Capital Partners. Balance Point Capital provided a bespoke debt and equity financing package to support Frontenac's acquisition; financial terms were not disclosed. Frontenac said it will invest in strategic growth initiatives, talent and complementary software development capabilities to accelerate Prime's platform maturation and market penetration in healthcare, insurance and financial services.

Axcel (Alpine Investors) Acquires Accelebrate to Expand IT Training Portfolio

January 17, 2023

Education

Axcel, the Alpine Investors‑backed professional education platform, has acquired Accelebrate, an Atlanta‑based IT training company, and will integrate it with its IT training business Web Age Solutions. Accelebrate founder Steve Heckler will remain involved as an advisor while Accelebrate works with Tim Toomey, CEO of Web Age, to scale instructor‑led on‑site and online training for financial services, government, and technology clients.