DataArt Acquires Software Nation and Opens Belgrade Office

DataArt Acquires Lola Tech

September 29, 2022

Software

DataArt, a global software engineering firm, has acquired Lola Tech, a software development agency with operations in the United Kingdom and Romania, and will leverage Lola Tech's Cluj‑Napoca hub to expand its Romania delivery footprint. The acquisition is intended to grow DataArt's regional capacity and accelerate delivery of cloud‑native and digital transformation projects for its clients.

FTV Capital Invests $75M Growth Round in DataArt

June 29, 2022

IT Services

DataArt, a global software engineering firm headquartered in New York City, secured a $75 million minority growth investment from growth equity firm FTV Capital to accelerate global delivery capacity, R&D and potential acquisitions. The capital will support DataArt's continued geographic expansion and capability build-out amid record revenue growth and hiring.

Globant Acquires Belatrix Software

August 12, 2019

IT Services

Globant has acquired Belatrix Software, a Latin American agile product development and software engineering services provider. The deal expands Globant's digital engineering capabilities and nearshore delivery footprint, bringing Belatrix's team of over 600 IT professionals into Globant's global organization.

Banyan Software Acquires DataDesign Solutions, Inc.

February 14, 2022

Education

Banyan Software, a permanent-capital software acquirer based in Atlanta, has acquired DataDesign Solutions, an education data analytics and intelligence vendor headquartered in Monterey, California. The deal brings DataDesign's K–12-focused analytics dashboards, student tracking tools, and mobile apps into Banyan's portfolio to support product growth and customer-focused development.

Picsart Acquires Code Republic to Expand Picsart Academy

February 2, 2022

Education

Picsart has acquired Code Republic, a Yerevan-based coding education platform, to join and scale its Picsart Academy. The deal brings 20+ Code Republic employees into Picsart to expand course offerings, launch English-language online programs, and broaden in-person classes to additional cities.

Noventiq Acquires Majority Stake in Saga Group

November 17, 2022

IT Services

Noventiq has signed an agreement to acquire a majority stake in Belgrade-based software and digital solutions provider Saga Group. The deal brings over 400 employees and Saga's fintech and AI IP (including the Fintense banking platform and Weaver chatbot) into Noventiq, strengthening its digital infrastructure, managed services and presence across Central and Eastern Europe.