Credibly Acquires ProApprove; Castlelake Agrees to Buy Up to $350M of Receivables

Nue Acquires Approvals Pro

March 26, 2025

Software

Nue, the Salesforce-native revenue lifecycle management platform, has acquired Approvals Pro, a best-in-class Sales approval solution. Approvals Pro will remain a standalone product while integrating with Nue’s CPQ, revenue lifecycle and billing offerings to accelerate approvals, increase deal velocity, and expand Nue’s presence in the Salesforce ecosystem.

Tipalti Acquires Approve.com

April 12, 2021

Cloud & SaaS

Tipalti, the San Mateo-based payables automation platform, acquired Tel Aviv-based procurement software provider Approve.com for an undisclosed amount. The acquisition combines Approve.com's cloud procurement and purchase-order capabilities with Tipalti's AP automation to offer an end-to-end finance-to-pay solution for mid-market companies.

Brookfield Acquires 51% Stake in Castlelake's Fee-Related Earnings

September 17, 2024

Financial Services

Brookfield Asset Management has completed a strategic partnership with Castlelake L.P., acquiring a 51% interest in Castlelake's fee-related earnings while Brookfield Wealth Solutions committed to invest in Castlelake's funds and strategies, bringing total committed capital to $1.5 billion. Castlelake will continue to operate independently, retaining its leadership and majority ownership of performance-related earnings. The transaction strengthens Brookfield's asset-based private credit capabilities and provides capital to scale Castlelake's platform.

TreviPay Acquires Apruve

December 8, 2022

Payments & Fintech

TreviPay, a global B2B payments and invoicing network based in Overland Park, Kansas, has signed a definitive agreement to acquire Apruve, a trade-credit automation and pay-by-invoice platform. The acquisition expands TreviPay's order-to-cash capabilities and deepens its presence in the manufacturing vertical and key international markets.

Clarivate Acquires ProQuest

December 1, 2021

Data & Analytics

Clarivate plc announced a definitive agreement on May 17, 2021 and completed the acquisition of ProQuest on Dec. 1, 2021. Clarivate paid $5.3 billion including refinancing of ProQuest debt (approximately $4.0 billion cash and $1.3 billion equity) to acquire the global software, content, data and analytics provider from Cambridge Information Group and other investors including Atairos to expand its research intelligence capabilities.

a360inc Acquires ProVest

July 31, 2024

Legal Services

a360inc, a San Antonio–based legal and credit risk technology and outsourcing provider, has acquired ProVest, a Tampa-based process and litigation information services firm that supports creditors, mortgage lenders, servicers and law firms. The transaction included a concurrent investment in a360inc by funds managed by Morgan Stanley Investment Management, Knox Capital and Nonantum Capital Partners to support expanded service offerings and technology integration.