GI Partners Acquires Majority Stake in eClinical Solutions

Summit Partners Makes Growth Equity Investment in eClinical Solutions

January 21, 2020

Cloud & SaaS

Summit Partners has made a minority growth equity investment in eClinical Solutions LLC to support expansion of the company's cloud-based Clinical Data Hub platform, elluminate, and its elluminate-enabled data services. Summit Partners principals Mark deLaar and Jesse Lane have joined eClinical Solutions' board as part of the transaction to help accelerate product and market growth.

GI Partners Acquires Majority Stake in Clinical Ink

August 4, 2020

Cloud & SaaS

GI Partners will acquire a majority interest in Clinical Ink, a global clinical trial technology company headquartered in Horsham, Pennsylvania. The private investment firm will partner with Clinical Ink's management to accelerate product innovation, expand capabilities internationally, and pursue growth; existing investor NovaQuest will remain a minority shareholder. The transaction was expected to close in Q3 2020, subject to customary closing conditions.

EQT Acquires Majority Stake in CluePoints

June 12, 2024

AI & Machine Learning

EQT (via its Healthcare Growth strategy and the EQT Growth Fund) has agreed to acquire a majority stake in CluePoints, a Belgium-headquartered provider of AI-powered RBQM and clinical trial data analytics software. Existing investors Summit Partners and Clinimetrics SA (and management) will reinvest; the deal is intended to support CluePoints' continued product development, global expansion and entry into adjacent markets and is expected to close in Q3 2024.

Leonard Green & Partners Acquires Majority Stake in ECI Software Solutions

November 19, 2020

Cloud & SaaS

Leonard Green & Partners will acquire a majority stake in ECI Software Solutions from funds advised by Apax Partners and The Carlyle Group; financial terms were not disclosed. Funds advised by Apax Partners will retain a minority stake. ECI is a Fort Worth, Texas–based provider of cloud-based ERP and vertical-market SaaS for small and medium-sized businesses, with ~1,700 employees and more than 22,000 customers.

GHO Capital Partners Acquires Majority Stake in Sapio Sciences

December 1, 2022

Cloud & SaaS

London-based healthcare investor GHO Capital Partners has acquired a majority stake in Sapio Sciences, a US-based lab informatics platform providing LIMS, ELN and scientific data management solutions. GHO will support Sapio's international expansion (especially into Europe), operational improvements and growth through M&A to scale the company's SaaS offering for biopharma, CROs and diagnostic labs.

GI Partners and TA Associates Make Majority Investment in Egnyte

February 25, 2025

Cloud & SaaS

Egnyte, a Mountain View-based provider of cloud content collaboration and governance, announced a majority strategic growth investment from private equity firms GI Partners and TA Associates. The partnership will provide capital and expertise to accelerate AI-driven product innovation, R&D, and expansion into additional verticals and international markets; financial terms were not disclosed.