Ponte Partners Acquires Portfolio of Fandom, Exabeam and ExteNet

Wavenet Group (backed by Macquarie) Acquires Excell Group

November 5, 2021

Telecommunications

Wavenet Limited, a Macquarie Capital Principal Finance-backed UK managed service provider, has acquired Excell Group for an undisclosed sum. The add-on strengthens Wavenet's cloud and workspace capabilities, increases its London/southern presence and adds Excell's business-centre infrastructure to Wavenet's portfolio.

Sun Capital Partners Affiliate Acquires Exadel

March 4, 2021

IT Services

An affiliate of Sun Capital Partners has completed the acquisition of Exadel, Inc., a founder-owned global provider of digital software engineering and platform development services headquartered in Walnut Creek, California. Sun Capital said it will support Exadel’s growth as a technology platform, providing capital and operational expertise to pursue add-on acquisitions and expand delivery capabilities for enterprise clients.

Banneker Partners Acquires Xytech

January 5, 2022

Software

San Francisco-based private equity firm Banneker Partners acquired Xytech, a provider of facility management software for the broadcast and media industries, in a transaction announced January 5, 2022 (closing reported December 30, 2021). The investment is intended to accelerate product innovation, scale operational delivery and expand Xytech's customer penetration and global market reach while the existing CEO, Richard Gallagher, continues in his role.

Banneker Partners Invests in XBE

January 25, 2024

Software

Banneker Partners, a private equity firm focused on enterprise software, has made a strategic growth investment in XBE to accelerate product development and expansion. XBE is an operations management software platform serving the horizontal construction market (asphalt, concrete, aggregate and site work) and will use the capital to speed innovation and broaden its customer reach.

Fengate Private Equity Partners with eMAX Health (Platform Investment)

January 28, 2025

Healthcare Services

Fengate Private Equity has made a platform investment in eMAX Health, partnering with founder Julian Casciano who will remain a significant investor and continue to lead the company. The investment (managed on behalf of the LiUNA Pension Fund of Central and Eastern Canada) will support accelerated product development, capability expansion and growth of eMAX’s tech-enabled real-world evidence, market access and patient services offerings.

Cisco Acquires Accedian from Bridge Growth Partners

October 2, 2023

Software

Cisco has completed the acquisition of Accedian, a provider of network performance analytics and end-user experience solutions, from private equity owner Bridge Growth Partners. Financial terms were not disclosed; Accedian will be integrated into Cisco’s networking and assurance portfolio to strengthen its service assurance and edge/5G capabilities.