Trace3 Acquires Zivaro

Trace3 Acquires IVOXY

June 3, 2025

IT Services

Trace3, an Irvine-based business transformation consultancy, has acquired IVOXY, a Seattle-based data center-focused technology solutions provider. The deal expands Trace3's Pacific Northwest footprint and adds capabilities in software-defined networking, hybrid cloud, infrastructure engineering, and cybersecurity; IVOXY will operate as "IVOXY, a Trace3 Company."

Trace3 Acquires Groupware Technology

November 10, 2020

IT Services

Trace3, an H.I.G. Capital portfolio company, has acquired Groupware Technology to expand its market presence in Northern California and Arizona and broaden its cloud, data intelligence, and data center services. Groupware will remain led locally while gaining access to Trace3's broader technology portfolio and capabilities in security, AI, and managed services.

American Securities Acquires Trace3 from H.I.G. Capital

September 27, 2021

IT Services

Affiliates of private equity firm American Securities have agreed to acquire Trace3 from an affiliate of H.I.G. Capital. Trace3 is an Irvine, California–based IT solutions and managed services provider serving over 2,500 commercial and enterprise clients; financial terms were not disclosed and the deal remains subject to customary closing conditions.

Trinity Consultants Acquires Zanjero

May 27, 2025

Environmental Services

Trinity Consultants has acquired Zanjero Inc., a California-based water resources and planning consultancy, to strengthen Trinity's Water & Ecology practice. Zanjero will operate as a business unit within Trinity's Water & Ecology division, with its leadership team remaining in place to expand service capabilities and geographic reach across the Western U.S.

Zscaler Acquires Avalor for $350M

March 14, 2024

Cybersecurity

Zscaler has acquired Israeli cybersecurity startup Avalor for $350 million, expanding its Zero Trust Exchange with Avalor's Data Fabric for Security and Unified Vulnerability Management capabilities. The deal, which closed on March 13, 2024, will have Avalor operate as an independent unit within Zscaler to continue developing its data and AI-driven security solutions.

Veralto Acquires TraceGains

October 7, 2024

Cloud & SaaS

Veralto Corporation (NYSE: VLTO) has acquired the holding company that owns TraceGains for $350 million (subject to customary post-closing adjustments). TraceGains is a cloud-based SaaS provider of food and beverage compliance, traceability, and product development workflow solutions (2024 revenue just over $30M, >95% recurring). The acquisition expands Veralto's Product Quality and Innovation offerings (complementary to its Esko business) to accelerate growth and drive cross-sell synergies.