STG Affiliate (River Acquisition Corp) Acquires MediaValet Inc.

Symphony Technology Group (STG) Acquires Avid Technology

November 7, 2023

Software

An affiliate of Symphony Technology Group (STG) completed an all-cash acquisition of Avid Technology for approximately $1.4 billion, taking the media and entertainment software company private. Avid stockholders received $27.05 per share; Avid will remain headquartered in Burlington, Massachusetts, and STG said it will support accelerated innovation and growth.

CVC and TA Acquire Vista's Stake in Mediaocean

August 31, 2021

Cloud & SaaS

Funds advised by CVC Capital Partners and TA Associates are acquiring the stake in Mediaocean held by Vista Equity Partners, in a transaction expected to close in Q4 2021 subject to regulatory approvals. The investment will support Mediaocean's growth and continued product consolidation of its omnichannel advertising platform, following recent acquisitions including Flashtalking and 4C.

Cerberus Affiliate Acquires Majority Stake in Red River Technology

June 1, 2021

IT Services

An affiliate of Cerberus Capital Management acquired a majority stake in Red River Technology from a group that included the company’s founding shareholders and Acacia Partners. The partnership will support Red River’s investments in capabilities and strategic acquisitions to expand its technology and managed services offerings for government and commercial customers.

Merkle Acquires Media Storm (Water Cooler Group)

February 1, 2020

Marketing & Advertising

Merkle, a Dentsu Aegis Network agency, has acquired Water Cooler Group’s Media Storm, a media planning and buying agency known for its data & analytics and programmatic trading capabilities. Media Storm, based in Norwalk, Connecticut and formerly a portfolio company of TZP Group, will continue to be led by founder Craig Woerz following the transaction.

MidOcean Partners Acquires GSTV; AMCSI and Monroe Support Transaction

April 23, 2025

Marketing & Advertising

MidOcean Partners has acquired GSTV, a national on-the-go video network serving fuel and convenience retailers, from Rockbridge Growth Equity, with Rockbridge retaining a minority stake. A&M Capital Strategic Investments (AMCSI) made a minority equity investment alongside MidOcean and Monroe Capital provided financing and an equity co-investment to support the deal; financial terms were not disclosed.

Symphony Technology Group Acquires Alveo from Sovereign Capital Partners

January 18, 2023

Data & Analytics

Symphony Technology Group (STG) has agreed to acquire a majority stake in Alveo, a London-based provider of cloud-native financial data management and DaaS solutions, from Sovereign Capital Partners, with debt financing provided by Five Arrows. The transaction is intended to support Alveo's next phase of product innovation and growth across its global client base of financial institutions.