Berkshire Partners Makes Growth Investment in Tango

Tango Acquires AgilQuest to Expand Hybrid Workplace Solutions

January 12, 2022

Cloud & SaaS

Tango, a provider of cloud-based store lifecycle and integrated workplace management software, has acquired AgilQuest, a leader in flexible workplace scheduling and occupancy management. The deal—completed after Tango secured an equity investment from Berkshire Partners—combines scheduling, reservations and occupancy analytics to broaden Tango's hybrid workplace capabilities and serve customers globally.

Benefitfocus Acquires Tango Health

November 17, 2021

Cloud & SaaS

Benefitfocus, Inc. (NASDAQ: BNFT) has agreed to acquire Tango Health, an Austin-based software and services provider specializing in Affordable Care Act (ACA) compliance, reporting and benefits decision support. The acquisition expands Benefitfocus’s benefits administration platform by adding Tango Health’s ACA compliance, reporting and employee decision-support capabilities to strengthen its end-to-end offering for employers, health plans and brokers.

Berkshire Partners and TA Associates Lead Growth Investment in PDQ

October 17, 2023

Software

PDQ, a Salt Lake City–based provider of IT asset and endpoint management software, received a significant growth investment led by Berkshire Partners alongside existing investor TA Associates and PDQ's founders and management. The capital will be used to accelerate product innovation and expand PDQ's portfolio of endpoint management, inventory and patch management solutions.

Tango Acquires WatchWire

August 9, 2023

Cloud & SaaS

Tango, a Dallas-based provider of cloud-based real estate and facilities management software, has acquired WatchWire, a New York City-based sustainability and energy management SaaS provider. The deal—backed by Tango investor Berkshire Partners—adds energy management, emissions tracking and carbon reporting capabilities to Tango's platform; financial terms were not disclosed.

Capital Square Partners Makes Strategic Growth Investment in Trianz

February 21, 2024

IT Services

Capital Square Partners (CSP), a Singapore-based private equity firm, has made a strategic growth equity investment in digital transformation software and services firm Trianz. The undisclosed transaction will support Trianz's shift to an IP-led model and scale its SaaS platforms in cloud, data/AI and digital workplace while accelerating global expansion.

Vista Equity Partners Invests $150M in OfficeSpace Software

January 25, 2022

Cloud & SaaS

Vista Equity Partners has made an approximately $150 million strategic growth investment in OfficeSpace Software, a cloud-based workplace management platform, while existing investor Resurgens Technology Partners remains a significant shareholder. The capital will support OfficeSpace's product and go-to-market expansion as companies continue to adopt hybrid workplace tools.