Trive Capital Acquires Cadient Talent Carve-Out from Kronos

Basis Vectors Capital Acquires Cadient

April 10, 2024

Cloud & SaaS

Basis Vectors Capital, a New York-based private equity and technology investor focused on B2B SaaS, has acquired Cadient, a provider of talent acquisition and hourly-hiring SaaS solutions. Terms were not disclosed; Cadient CEO Jon Puckett will remain in place and Basis Vectors plans to support Cadient’s organic growth, partnerships, and product expansion across healthcare, hospitality, and retail verticals.

Trive Capital Acquires Hypergiant Industries

August 22, 2023

AI & Machine Learning

Dallas-based private equity firm Trive Capital has acquired AI defense platform company Hypergiant Industries to complement its portfolio company Forward Slope. Hypergiant CEO Mike Betzer will remain in place as the company scales its cloud-based CommandCenter geospatial data visualization and AI-enabled C5ISR offerings; terms were not disclosed.

Trive Capital Invests in Forward Slope Incorporated

November 30, 2022

Software

Dallas-based private equity firm Trive Capital has made an investment in Forward Slope Incorporated, a San Diego–headquartered provider of mission-critical software, geospatial mapping and surveillance solutions for defense and national security customers. Forward Slope CEO Carlos Persichetti remains with the company and invested alongside Trive; the partnership is intended to support organic growth and potential acquisitions to expand capabilities and scale the business.

Novacap Acquires Cadent, LLC

August 9, 2023

Media & Entertainment

Novacap has acquired Cadent, LLC, a New York–based provider of converged TV advertising platform solutions, from funds managed by Lee Equity Partners. The transaction will see Novacap partner with Cadent’s management to accelerate growth and expand the company’s converged TV and audience-targeting capabilities across CTV, traditional TV and digital inventory.

Trive Capital Partners with California Brazing

January 7, 2019

Manufacturing

Trive Capital, a Dallas-based private equity firm, has acquired California Brazing, a Newark, California manufacturer of precision brazed components and CNC-machined parts serving aerospace, defense and satellite communications customers. Trive will provide capital and resources to support the company's continued growth, expanded capacity and capability investments across its San Francisco Bay Area and Carson City facilities.

Quantum5 (Ander) Acquires Trivie

January 29, 2024

Software

Quantum5, the automotive learning division of Ander, has acquired Trivie, a workforce engagement and AI-driven learning platform. The deal brings Trivie's knowledge-retention technology and design team into Quantum5's automotive learning ecosystem to accelerate upskilling and retention for OEMs and dealers.