Computer Modelling Group (CMG) Acquires SeisWare International

Computer Modelling Group (CMG) Acquires Bluware-Headwave Ventures Inc.

September 25, 2023

AI & Machine Learning

Computer Modelling Group Ltd. (CMG) acquired Bluware-Headwave Ventures Inc., a cloud-native AI and deep-learning software and services provider for subsurface decision-making, from majority owner EV Private Equity. CMG paid US$22 million with an additional earn-out of up to US$8 million; Bluware reported approximately US$23.5 million revenue in its most recent fiscal year and provides the InteractivAI product and proprietary VDS data format for seismic data.

Intermediate Capital Group (ICG) Acquires Seaway Plastics Engineering

June 28, 2022

Manufacturing

Intermediate Capital Group's North American Direct Private Equity team has acquired Seaway Plastics Engineering, a Florida-based manufacturer of injection-molded engineered components serving medical device, healthcare, aerospace & defense, and precision industrial end markets. ICG plans to support Seaway's organic growth and pursue add-on acquisitions to expand product capabilities and geographic footprint; financial terms were not disclosed.

QuantiTech Acquires Systems Engineering Group from Griffon Corporation

January 4, 2021

Aerospace & Defense

QuantiTech LLC, a portfolio company of Sagewind Capital, has acquired Systems Engineering Group, Inc. (SEG) from Griffon Corporation. The acquisition strengthens QuantiTech's threat engineering, modeling & simulation, and missile defense capabilities to better serve U.S. government customers in missile defense, hypersonics and intelligence markets.

Cartegraph Acquires SEMS Technologies

September 22, 2020

Cloud & SaaS

Cartegraph, a provider of enterprise asset and work management SaaS for infrastructure owners, has acquired SEMS Technologies, a specialist in water and wastewater utility operations and regulatory compliance software. The acquisition brings SEMS’s asset management, mobile work orders and compliance capabilities into Cartegraph’s platform to create a more comprehensive solution for water and wastewater utilities and public works agencies.

Symphony Technology Group Acquires Majority Stake in CAI Software

December 13, 2021

Software

Symphony Technology Group (STG) has made a majority investment in CAI Software, a Rhode Island–based provider of ERP, MES, WMS, EDI and production-oriented software for manufacturing and distribution. STG said the investment will accelerate CAI's product innovation and growth through organic investments and M&A while partnering with CAI's existing owners and management team.

Schneider Geospatial Acquires Systems Development Group

September 6, 2024

Cloud & SaaS

Schneider Geospatial, a portfolio company of Align Capital Partners, has acquired Systems Development Group (SDG), a provider of geo-centric property record and analysis solutions for local governments. SDG’s Image Mate Online and supporting services will be integrated into Schneider’s parcel management SaaS portfolio, expanding its GovTech capabilities and adding over 1,000 local-government clients across 34 states; the deal is the fourth add-on since Align’s 2022 investment in Schneider.