Turn/River Capital Acquires StarLIMS from Francisco Partners

STARLIMS Acquires Labstep

August 22, 2023

Cloud & SaaS

STARLIMS has acquired Labstep, integrating Labstep’s cloud-based Electronic Laboratory Notebook (ELN) into STARLIMS’ enterprise informatics suite to support customers from R&D through product commercialization. The acquisition expands STARLIMS’ R&D capabilities and adds a modern, user-friendly ELN used by universities and companies worldwide.

CliniSys Group (Roper) Acquires ApolloLIMS from Lead Capital Partners

May 10, 2022

Software

CliniSys Group, a subsidiary of Roper Technologies, has acquired Common Cents Systems, Inc. (dba ApolloLIMS) from Lead Capital Partners. ApolloLIMS, a Nashville-based provider of enterprise laboratory information management system (LIMS) software, will be integrated into CliniSys' LIMS business to expand its laboratory software capabilities and market reach.

Confience Acquires Computing Solutions, Inc. (LabSoft LIMS)

June 14, 2024

Software

Confience, a recently formed laboratory informatics platform backed by Symphony Technology Group (STG), has acquired Computing Solutions, Inc., the provider of the LabSoft LIMS product. The add-on strengthens Confience’s LIMS capabilities and expands its presence in chemical and food & beverage laboratory markets, with continued financial support from STG.

Francisco Partners Acquires Litmos from SAP

December 1, 2022

Cloud & SaaS

Francisco Partners has agreed to acquire SAP Litmos from SAP, a carve-out intended to relaunch Litmos as an independent, growth-focused company. The transaction, announced in 2022, will allow Francisco Partners to invest in product development, expand the team, and accelerate customer success initiatives; the deal was expected to close in Q4 2022.

Turn/River Capital Acquires SolarWinds

April 16, 2025

Software

Turn/River Capital has completed the acquisition of SolarWinds Corporation for approximately $4.4 billion, paying SolarWinds shareholders $18.50 per share in cash. With the closing, SolarWinds becomes a privately held company; Turn/River said it will invest in product innovation, observability, and AI-powered automation to accelerate growth.

Vista Equity Partners and Warburg Pincus Acquire Redwood Software from Turn/River Capital

September 10, 2024

Cloud & SaaS

Funds affiliated with Vista Equity Partners and Warburg Pincus have agreed to acquire Redwood Software from Turn/River Capital. The deal, announced September 10, 2024, will position Redwood to accelerate product development and strategic M&A as it scales its SaaS-based automation platform; terms were not disclosed.