EQT Private Equity Acquires Avetta from WCAS

Avetta Acquires Pegasus (Australia)

May 7, 2021

Cloud & SaaS

Avetta, a Utah-based supply chain risk management software provider, has agreed to acquire Pegasus, a Newcastle, Australia-based worker competency management software company. The deal combines Avetta's global supplier risk platform with Pegasus's workforce competency and learning management capabilities and establishes Pegasus as Avetta's base of operations in Australia.

Vista Equity Partners Acquires Avalara

October 19, 2022

Cloud & SaaS

Vista Equity Partners completed a $93.50-per-share cash acquisition of Avalara, Inc., a cloud-based tax compliance software provider, in an all-cash buyout. The transaction takes Avalara private and will enable the company to accelerate product innovation and global expansion with Vista's software-focused operating expertise.

EQT Private Equity Acquires Majority Stake in AMCS

August 14, 2024

Cloud & SaaS

EQT Private Equity (investing from EQT X and EQT Future) will acquire a majority stake in AMCS, a Ireland-headquartered provider of cloud-based, AI-enabled planning, performance, safety and sustainability software for waste management, recycling and other resource-intensive industries. Existing investors including Insight Partners, Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes; the deal is subject to customary conditions and is expected to close before Q1 2025.

RESA Power Acquires AVATT, Inc.

April 4, 2024

Energy

RESA Power, a portfolio company of Investcorp, has acquired AVATT, Inc., an Edmonton-based transformer services firm. The add-on purchase expands RESA Power’s transformer installation, maintenance, oil purification and testing capabilities across western Canada and adds technical expertise and additional oil-processing rigs to its fleet.

Rockwell Automation Acquires AVATA

November 1, 2021

IT Services

Rockwell Automation has acquired AVATA, a services provider specializing in supply chain management, ERP, and enterprise performance management solutions and a strategic Oracle cloud systems integrator. AVATA will be integrated into Rockwell’s Kalypso business to strengthen end-to-end supply chain consulting, broaden cloud-native capabilities, and extend the company’s digital thread and IT/OT convergence offerings.

KKR and EIG Acquire Majority Interest in Avantus

July 30, 2024

Renewable Energy

KKR-backed funds and accounts managed by KKR have acquired a majority equity interest in Avantus, a U.S. developer of utility-scale solar and solar-plus-storage projects. Coinciding with the close, Avantus secured a $522 million development facility arranged by KKR Capital Markets and SMBC to accelerate deployment of its more than 30 GWdc solar and 94 GWh storage pipeline across the Western United States.