Watchfire Signs Acquires Aerva

H.I.G. Capital Acquires Watchfire Signs

July 26, 2022

Manufacturing

H.I.G. Capital affiliate has completed the acquisition of Watchfire Signs, a Danville, Illinois–based manufacturer of premium digital signage, including indoor/outdoor LED displays, digital billboards and video scoreboards. H.I.G. is partnering with Watchfire's management to provide capital to drive organic growth and pursue add-on acquisitions to expand the company's position across multiple digital display segments.

Wind Point Partners Acquires Envera Systems

November 18, 2022

Professional Services

Chicago-based private equity firm Wind Point Partners has acquired Envera Systems, a Coconut Creek, Florida-headquartered provider of automated and software-enabled security, access control, visitor management and remote video monitoring solutions for homeowners associations and gated communities. Wind Point is partnering with Envera's existing management team, which will remain in place and retain a meaningful ownership stake, to scale the business geographically and expand its solutions and monitoring capabilities.

Averra (Banner Capital) Partners with ZIEN Medical Technologies

June 16, 2025

Medical Devices

Averra Holdings, a portfolio company of Banner Capital, has announced a partnership to bring ZIEN Medical Technologies into the Averra family. ZIEN, a Salt Lake City–based medical device contract design & manufacturing organization, will integrate with Averra to expand turnkey packaging design, manufacturing, sterilization and regulatory capabilities; terms were undisclosed.

Norvestor Acquires Majority Stake in Smartvatten (Envera Ltd.)

February 26, 2021

Environmental Services

A fund advised by Norvestor Advisory AS has agreed to acquire a ~60% majority stake in Envera Ltd., the company behind the Smartvatten water-monitoring solution. Smartvatten is a hardware-enabled SaaS provider for real-time water consumption monitoring across 7,000+ buildings in the Nordics and Benelux, headquartered in Espoo, Finland with ~40 employees; existing shareholders including Taaleri Circular Economy Fund and the founders will reinvest and retain the remaining equity.

Lumivero Acquires Tevera

April 19, 2023

Education

Lumivero, a TA-backed data insights and research software provider, has acquired Tevera, a field experience and assessment management software focused on experiential learning. The acquisition adds Tevera to Lumivero's data solutions portfolio (alongside products such as Sonia) to expand capabilities in experiential learning, program outcomes management, and accreditation support for academia.

Engageware Acquires Aivo

August 24, 2023

AI & Machine Learning

Engageware, a Clearhaven Partners-backed customer engagement SaaS platform, has acquired Aivo, an Argentina-founded conversational and generative AI provider. The deal expands Engageware’s platform capabilities to deliver AI-powered customer engagement across financial services, telecom and retail clients and strengthens its offering for enterprise customers.