Symphony Technology Group Acquires Alveo from Sovereign Capital Partners

Symphony Technology Group Acquires SAI360 from BPEA EQT

December 14, 2022

Cloud & SaaS

Symphony Technology Group (STG) has entered into and completed a definitive agreement to acquire SAI360, a Chicago‑headquartered cloud risk management and compliance SaaS provider, from BPEA EQT (BPEA Fund VI). The acquisition (terms not disclosed) is intended to accelerate SAI360's product innovation and growth while expanding STG's portfolio in software, data and analytics. The transaction was subject to customary regulatory approvals and closed in 2023 (expected/announced Q2 2023 in press releases).

Symphony Technology Group Acquires Majority Stake in CAI Software

December 13, 2021

Software

Symphony Technology Group (STG) has made a majority investment in CAI Software, a Rhode Island–based provider of ERP, MES, WMS, EDI and production-oriented software for manufacturing and distribution. STG said the investment will accelerate CAI's product innovation and growth through organic investments and M&A while partnering with CAI's existing owners and management team.

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.

Symphony Technology Group (STG) Acquires Avid Technology

November 7, 2023

Software

An affiliate of Symphony Technology Group (STG) completed an all-cash acquisition of Avid Technology for approximately $1.4 billion, taking the media and entertainment software company private. Avid stockholders received $27.05 per share; Avid will remain headquartered in Burlington, Massachusetts, and STG said it will support accelerated innovation and growth.

STG Acquires Yodlee from Envestnet

September 2, 2025

Data & Analytics

STG (Symphony Technology Group) has completed the acquisition of Yodlee, Inc., the open finance data aggregation and analytics business, from Envestnet, Inc.; the deal was announced June 25 and closed on September 2, 2025. STG intends to operate Yodlee as an independent, growth-focused business to accelerate open finance innovation and product development, while Envestnet said the sale sharpens its focus on its core Adaptive WealthTech platform.

Symphony Technology Group Makes Majority Investment in Celtra

November 10, 2021

Cloud & SaaS

Symphony Technology Group (STG) has signed a definitive agreement to make a majority investment in Celtra Technologies, a creative automation SaaS provider. The investment will back Celtra’s growth plans — expanding its platform from media and adtech into brands and agencies — while partnering with Celtra’s founders and management.