Proven Optics Acquires CloudGenera

Proven Optics Acquires brightfin's ServiceNow Enterprise Business from Periscope Equity

January 27, 2026

IT Services

Proven Optics, backed by Silversmith Capital Partners, has acquired brightfin's ServiceNow-native enterprise business from Periscope Equity. Periscope will retain and reintroduce Mobile Solutions as a standalone, mid-market-focused platform and has named Chebem Chukwu as CEO as it pursues organic growth and add-on acquisitions.

Silversmith Capital Partners Leads Majority Growth Investment in Proven Optics

December 6, 2022

Cloud & SaaS

Silversmith Capital Partners led a majority growth investment in Proven Optics, a Columbus, Ohio-based IT financial management SaaS company founded by William Miller and Ben Perkins. The capital will be used to accelerate product development and expand sales and marketing; Silversmith has joined the company's board.

Proven Optics Acquires brightfin and Names Joel Martins CEO

January 7, 2026

Cloud & SaaS

Proven Optics has acquired brightfin to combine Proven Optics' IT financial management capabilities with brightfin's technology expense management solutions, and appointed Joel Martins as CEO of the combined organization. The deal (backed by majority investor Silversmith Capital Partners and with prior growth investment from ServiceNow) expands the platform's ServiceNow-native capabilities, customer support, and AI-enabled functionality for enterprise and public-sector customers.

Renovus Capital Partners Acquires ProfitOptics

April 14, 2022

IT Services

Renovus Capital Partners has acquired ProfitOptics, a Richmond, Virginia-based digital transformation and technology services firm. Renovus plans to accelerate ProfitOptics’ growth by expanding technology capabilities, recruiting talent, and pursuing organic and inorganic expansion while leveraging the company as a Technology Services platform within its portfolio.

Flexera Acquires ProsperOps and Chaos Genius

January 9, 2026

Cloud & SaaS

Flexera has acquired ProsperOps and Chaos Genius to expand its FinOps platform with AI-driven and agentic cost-optimization capabilities across public cloud and data cloud environments. The deals add autonomous rate and data-cloud optimization for AWS, Azure, Google Cloud, Snowflake and Databricks, strengthening Flexera's FinOps for AI and Data Clouds roadmap.

Palo Alto Networks Acquires CloudGenix

March 31, 2020

Cybersecurity

Palo Alto Networks agreed to acquire CloudGenix, a cloud-delivered SD-WAN provider, for approximately $420 million in cash to extend its Prisma Access SASE platform. The acquisition will integrate CloudGenix’s SD-WAN technology to accelerate onboarding of remote branches and retail locations into Palo Alto Networks’ SASE offering; the CloudGenix co-founders will join Palo Alto Networks following the close, expected in the company’s fiscal fourth quarter subject to customary conditions.