Apollo Funds Acquires Trace3 from American Securities

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.

Trace3 Acquires Set Solutions

April 4, 2023

Cybersecurity

Trace3 has completed the acquisition of Set Solutions, a Houston-based cybersecurity consulting and procurement solutions provider. The deal expands Trace3's cybersecurity capabilities and southern U.S. footprint, enabling Set Solutions' clients to access Trace3's broader cloud, security, and data & analytics offerings.

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.

Trace3 Acquires Tail Wind Informatics

January 9, 2024

Data & Analytics

Trace3, a technology consulting and systems-integration firm headquartered in Irvine, California, has acquired Tail Wind Informatics, a Minnetonka, Minnesota-based data and analytics consulting firm. The acquisition (closed January 2, 2024) expands Trace3's Data & Analytics capabilities and brings Tail Wind's expertise in business intelligence, cloud analytics, and data management into Trace3's service portfolio.

Apollo-Managed Funds to Acquire The Travel Corporation

July 16, 2024

Restaurants & Hospitality

Apollo-managed funds have entered into a definitive agreement to acquire The Travel Corporation (TTC), a privately held portfolio of 18 travel brands including Trafalgar, Uniworld Boutique River Cruises, Contiki and Insight Vacations. The deal — excluding certain assets such as The Red Carnation Hotel Collection — is part of TTC's family succession plan and is expected to close in Q4 2024, subject to customary closing conditions and regulatory approvals.

Thomson Reuters Acquires ThoughtTrace from Altira Group

May 10, 2022

AI & Machine Learning

Thomson Reuters has acquired Houston-based AI document analytics company ThoughtTrace from Altira Group. The acquisition brings ThoughtTrace's AI/ML-powered contract and document intelligence capabilities into Thomson Reuters' product portfolio; financial terms were not disclosed.