Essex Bay Capital Invests in Divvy Engagement Solutions

Bill.com Acquires Divvy

June 1, 2021

Cloud & SaaS

Bill.com acquired Divvy, a Draper, Utah-based leader in spend management, in a stock-and-cash transaction valued at approximately $2.5 billion (about $625M cash and $1.875B in Bill.com stock). The deal integrates Divvy’s expense management software and corporate card capabilities into Bill.com’s cloud financial operations platform to give SMB customers a one‑stop solution for AP, AR and spend management.

Essex Bay Capital Makes Growth Investment in STRIVE

August 30, 2022

Cloud & SaaS

Essex Bay Capital has made a growth investment in STRIVE, a mobile and web-based employee experience SaaS that serves small and medium-sized employers and brokers. The capital will fund product enhancements, customer success, sales and marketing expansion, and support STRIVE's inorganic growth plans; Hennepin Partners served as exclusive financial advisor to STRIVE.

Providence Strategic Growth Leads $19M Growth Round in DivvyCloud

May 1, 2019

Cybersecurity

DivvyCloud, a provider of cloud security and compliance automation, raised $19 million in a growth round led by Providence Strategic Growth with follow-on investments from MissionOG and RTP Ventures. The funding (bringing total raised to $29M) will be used to accelerate product innovation—extending policy enforcement into CI/CD, container and serverless support—and to expand sales, marketing and customer success efforts.

Lytho Acquires DivvyHQ

February 27, 2024

Cloud & SaaS

Lytho, a creative operations software provider, has acquired DivvyHQ, a Kansas City–based content operations platform. The deal expands Lytho’s content planning, ideation, and measurement capabilities and aims to deliver an integrated suite for marketing and creative teams.

Featheringill Capital Acquires Divorce.com

March 8, 2022

Legal Services

Featheringill Capital has acquired Divorce.com, an online divorce platform that offers tools and services to simplify the divorce process across the United States and Canada. Featheringill will provide financial backing and strategic support to scale Divorce.com's offerings and expand its reach.

Bain Capital Insurance Invests in Emerald Bay Risk Solutions

March 28, 2024

Insurance

Emerald Bay Risk Solutions, a Morristown-based collaborative underwriting carrier focused on program and Excess & Surplus (E&S) markets, launched with a strategic investment from Bain Capital Insurance. The investment will provide financial backing and support as Emerald Bay executes its proprietary, data-driven underwriting platform and partners with MGAs and reinsurance capacity providers.