Brillio Acquires Cedrus Digital

Bain Capital Private Equity Acquires Majority Stake in Brillio

January 15, 2019

IT Services

Bain Capital Private Equity has signed a definitive agreement to acquire a majority stake in Brillio, a Santa Clara-based digital technology consulting and solutions firm. The investment will support Brillio’s plans to scale its digital transformation offerings, pursue complementary acquisitions, and accelerate growth while retaining the existing management team led by CEO Raj Mamodia.

The Orogen Group Invests in Brillio

September 5, 2023

IT Services

Brillio announced a strategic investment from The Orogen Group, with financial terms undisclosed. The investment will support Brillio's continued expansion of capabilities in data analytics, AI and digital transformation while Bain Capital remains a strategic investor and the current management team stays in place.

Brillio Acquires Standav to Expand Salesforce Revenue Cloud and Quote-to-Cash Capabilities

November 10, 2021

IT Services

Brillio has acquired Standav, a Salesforce consulting and systems-integration firm headquartered in Silicon Valley (Sunnyvale) with a major presence in Dallas, to strengthen Brillio’s Lead-to-Revenue (LTR) and Revenue Cloud services. The deal brings Standav’s quote-to-cash, CPQ and pricing expertise and its delivery centers and ~200+ certified consultants into Brillio’s global services footprint, positioning Brillio as a leading Salesforce Revenue Cloud provider for large enterprise clients.

CD&R to Acquire Majority Stake in Presidio from BC Partners

April 2, 2024

IT Services

Clayton, Dubilier & Rice (CD&R) will acquire a majority ownership position in Presidio, a leading IT services and digital solutions provider, from BC Partners, which will retain a minority stake. The transaction, which strengthens Presidio’s ability to expand its cloud, managed services and cybersecurity capabilities, is expected to close in Q2 2024; terms were not disclosed.

Arax Investment Partners Acquires Cedrus Financial

January 27, 2025

Financial Services

Arax Investment Partners, a RedBird-backed wealth management platform, has acquired Cedrus Financial, a Littleton, Colorado-based RIA managing about $1 billion in AUM. Cedrus will operate within Arax’s Advisory Partners coalition to access operational synergies, technology, and scale to support growth; financial terms were not disclosed.

Nasstar Acquires Colibri Digital

February 22, 2023

Data & Analytics

Nasstar, a UK cloud and communications services provider, has acquired Colibri Digital, an enterprise cloud solutions and data engineering specialist founded in 2013. The acquisition strengthens Nasstar's data engineering, big data, and AI-driven analytics capabilities and brings Colibri's founder James Cross and team into Nasstar to lead the expanded practice.