IFS Acquires Copperleaf Technologies for CAN$1 Billion

Dar Group Acquires Majority Stake in CopperTree Analytics

March 15, 2023

Cloud & SaaS

Dar Group has acquired a majority stake in CopperTree Analytics, a Canadian provider of building analytics and SaaS-based energy management solutions. The deal will integrate CopperTree's Kaizen platform with Dar Group's Para digital twin offering to expand Dar's digital services and provide CopperTree with wider global market access.

Intelishift Acquires Data Canopy with $50M Growth Investment from Metropolitan Partners Group

June 27, 2023

Infrastructure

Intelishift has acquired Data Canopy and the combined business will operate under the Data Canopy brand to expand cloud, hybrid-cloud and colocation offerings. The acquisition was facilitated by a $50 million growth capital investment from Metropolitan Partners Group to support the transaction and fund further acquisitions and organic growth.

Hg, ADIA and CPP Investments acquire minority stake in IFS at €15 billion valuation

April 9, 2025

Software

Hg has increased its stake in enterprise software provider IFS to become a co-control shareholder alongside EQT, as new minority investors — a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and the Canada Pension Plan Investment Board (CPP Investments) — buy shares from EQT, TA Associates and other minority holders. The transaction values IFS at over EUR 15 billion and supports the company’s continued AI-driven growth after surpassing €1 billion in ARR and more than 7,000 employees globally.

IFS Acquires Axios Systems

March 22, 2021

Software

IFS has signed a definitive agreement to acquire Axios Systems PLC, a global provider of cloud-based Enterprise Service Management (ESM) software. The acquisition strengthens IFS's Service Management capabilities by adding Axios's ITSM and ITOM functionality to IFS Cloud, expanding its end-to-end service offering for enterprise and public-sector customers.

iPipeline Acquires IFS (Impact Financial Systems)

September 23, 2020

Software

iPipeline has acquired IFS (Impact Financial Systems), a Charlotte-based provider of service request automation and low-code/no-code workflow solutions for broker-dealers, RIAs, banks and insurance companies. The deal brings IFS's workflow engine and automation capabilities into iPipeline's SSG Digital platform to expand advisor-facing automation, compliance workflows and low-code product offerings.

IFS Acquires Astea International

December 11, 2019

Software

IFS has completed the acquisition of 100% of the shares of Astea International, a global field service management software provider headquartered in Horsham, Pennsylvania. The deal expands IFS's field service management capabilities and global footprint; Astea founder Zack Bergreen will serve as Senior Advisor while Marne Martin (IFS) will lead the combined service management business.