STG Allegro Invests in TaxCalc

Stirling Square Acquires Majority Stake in Gestión Tributaria Territorial (GTT) from AnaCap

June 7, 2023

Software

Stirling Square Capital Partners has acquired a majority stake in Gestión Tributaria Territorial (GTT), a Spain-headquartered tax software provider, from AnaCap, which will remain invested as a minority alongside GTT management. Stirling Square plans to support GTT by investing in its software platform, diversifying product offerings and pursuing strategic acquisitions to accelerate growth across Europe.

Symphony Technology Group Acquires Alveo from Sovereign Capital Partners

January 18, 2023

Data & Analytics

Symphony Technology Group (STG) has agreed to acquire a majority stake in Alveo, a London-based provider of cloud-native financial data management and DaaS solutions, from Sovereign Capital Partners, with debt financing provided by Five Arrows. The transaction is intended to support Alveo's next phase of product innovation and growth across its global client base of financial institutions.

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.

Bregal Unternehmerkapital Acquires STP from Hg

November 2, 2020

Software

Bregal Unternehmerkapital has agreed to acquire STP, a Karlsruhe-based legal tech provider, from Hg. STP — which employs around 200 people and serves over 1,800 customers with workflow automation, ERP, outsourcing and data solutions for insolvency and legal practitioners — will partner with Bregal to accelerate new product and service introductions; terms were not disclosed and the deal is subject to customary approvals.

TA Associates and Five Arrows Make Growth Investment in Agilio Software

February 19, 2024

Cloud & SaaS

Agilio Software, a UK frontline healthcare operations software provider, has received a strategic growth investment from Five Arrows (Rothschild & Co) and TA Associates to support product development and international expansion. The investment will help Agilio expand into new healthcare verticals and accelerate growth in its core UK and Netherlands markets; financial terms were not disclosed.

Bregal Unternehmerkapital Acquires Majority Stake in Theobald Software

February 23, 2022

Software

Funds advised by Bregal Unternehmerkapital have agreed to acquire a majority interest in Theobald Software GmbH, a Stuttgart-based provider of SAP connectivity software. The investment will support Theobald's international expansion, increased R&D investment and continued product development in SAP interfaces; founder Patrick Theobald will retain a significant stake and step down from his management role.