Cuadrilla Capital Acquires Gluware

Bain Capital Leads $43M Growth Investment in Gluware

October 27, 2021

Cloud & SaaS

Gluware raised $43 million in growth funding in a round led by Bain Capital with participation from Acadia Woods Partners and existing investors. The capital will be used to scale sales and marketing and to accelerate product development of Gluware's intelligent network automation platform, including network RPA, cybersecurity applications, and AIOps capabilities.

Cuadrilla Capital Acquires Agilence

October 27, 2021

Cloud & SaaS

Cuadrilla Capital, a Santa Barbara-based enterprise software private equity firm, has acquired Agilence, Inc., a Mount Laurel, New Jersey–based retail data management and analytics SaaS provider. Agilence will remain led by CEO Russ Hawkins and will partner with Cuadrilla to invest in product innovation and pursue organic and inorganic growth opportunities; financial terms were not disclosed.

Gulmohar Capital Partners Acquires CurrentWare

March 12, 2025

Software

Gulmohar Capital Partners LP has acquired CurrentWare, a provider of employee productivity, monitoring and insider threat detection software. GC Partners will appoint David Leal as CEO and plans to support CurrentWare's growth and product innovation while the company's founder and majority shareholder Neel Lukka transitions following the transaction.

Basware Acquires Glantus

October 18, 2023

Payments & Fintech

Basware completed the acquisition of Glantus Holdings plc, acquiring the entire share capital under a scheme sanctioned by the High Court of Ireland and effective October 18, 2023. The deal brings Glantus’ AI-driven audit recovery, overpayment and invoice fraud detection capabilities into Basware’s AP automation and e-invoicing platform to expand fraud-detection and cost-recovery offerings for finance teams.

Gruve Acquires Lumos Cloud

October 22, 2024

IT Services

Gruve, an AI-driven solutions provider based in Redwood City, California, has acquired Lumos Cloud, a network consulting and training firm specializing in software-defined networking (SDN) and automation. Gruve also announced a strategic partnership with Gluware to integrate intelligent network automation into its service offerings, expanding Gruve's capabilities in cloud, network automation, cybersecurity and managed services.

Trace3 Acquires Groupware Technology

November 10, 2020

IT Services

Trace3, an H.I.G. Capital portfolio company, has acquired Groupware Technology to expand its market presence in Northern California and Arizona and broaden its cloud, data intelligence, and data center services. Groupware will remain led locally while gaining access to Trace3's broader technology portfolio and capabilities in security, AI, and managed services.