Triton Invests in Wavelynx Technologies

Triton Acquires Lamina Technologies

May 15, 2020

Manufacturing

Triton’s Smaller Mid-Cap Fund has acquired a majority stake in Lamina Technologies SA, a Swiss manufacturer and pioneer of multi-material carbide cutting tools. Triton will support Lamina’s growth strategy, focusing on expanding its product portfolio and international footprint; terms were not disclosed.

Triton (Smaller Mid‑Cap Fund II) Acquires Neptune Software

April 27, 2022

Cloud & SaaS

Triton’s Smaller Mid‑Cap Fund II (advised by Triton) has signed an agreement to acquire Neptune Software, a Norway‑founded low‑code/no‑code (LCNC) enterprise app development platform, from Nordic investor Standout Capital and the company founders. Neptune, founded in 2011 and headquartered in Oslo, employs about 100 people, serves hundreds of enterprise customers with its Neptune DXP SaaS product, and will be scaled commercially and geographically under Triton's ownership; terms were not disclosed.

OceanSound Partners Makes Strategic Investment in Lynx Software Technologies

June 23, 2022

Software

Lynx Software Technologies, a San Jose-based developer of open-architecture software for mission-critical embedded systems, received a strategic investment from affiliates of OceanSound Partners. The investment will support Lynx's growth, operational improvements, and pursuit of strategic acquisitions to expand its presence across aerospace, defense, industrial, and critical infrastructure end markets.

Triton (via Crayfish Bidco Oy) Completes Acquisition of Caverion

November 6, 2023

Industrial Services

Funds advised by Triton have completed a voluntary public cash tender offer for Caverion Corporation through Crayfish Bidco Oy and now own approximately 94.39% of Caverion's shares. Caverion is a Finland-headquartered provider of multi-technical installation and services for the built environment with ~15,000 employees; Triton positions the deal as a platform to accelerate Caverion's transformation, drive operational excellence and pursue selective growth.

Prytek Invests $30M in TritonExec to Expand Talent Solutions

July 12, 2022

Professional Services

Singapore-based technology group Prytek's talent solutions division made an initial $30 million investment in London-headquartered executive search firm TritonExec to bolster Prytek's HR technology services and build a tech-enabled talent solutions ecosystem. The investment will create synergies with Prytek's other talent businesses (including Hirewell) and support TritonExec's global growth and RPO-as-a-service expansion.

Triton (via Trisall AB) Acquires HiQ International AB

October 22, 2020

IT Services

Triton Fund V, through its acquisition vehicle Trisall AB, acquired a controlling stake in Stockholm-based digital transformation and custom software firm HiQ International AB via a public tender offer at SEK 72 per share and has initiated compulsory acquisition of remaining shares with plans to de-list HiQ from Nasdaq Stockholm. The transaction gives Triton ownership of approximately 91% of HiQ and is positioned as a platform acquisition to invest in HiQ's growth and expand its position as a Northern European leader in digital services.