GrowthCurve Capital Takes Majority Stake in Mistplay

GrowthCurve Capital Takes Majority Stake in PureFacts Financial Solutions

August 1, 2024

Cloud & SaaS

GrowthCurve Capital completed a majority investment in PureFacts Financial Solutions, a Toronto-based SaaS provider of end-to-end revenue management solutions for the investment industry. The transaction gives GrowthCurve control while founder and employees retain an ownership interest; proceeds will support product development, market expansion and AI-enabled capabilities. Terms were not disclosed.

New Harbor Capital Completes Majority Investment in MindPlay Education

November 17, 2021

Education

New Harbor Capital has completed a majority equity investment in MindPlay Education, a Tucson-based education software company that provides K–12 literacy instruction and professional development for educators. New Harbor cited MindPlay’s product efficacy, strong financial performance, and growth potential and will support scaling the company’s offerings to reach more students and schools nationwide.

Invictus Growth Partners Takes $37M Majority Stake in Campfire Interactive

September 24, 2024

Cloud & SaaS

Invictus Growth Partners has made a $37 million majority investment in Campfire Interactive, a Ann Arbor–based provider of SaaS profitability and forecasting software for manufacturers and automotive suppliers. The capital will be used to accelerate product innovation, expand sales and marketing, and scale Campfire’s machine-learning and analytics capabilities while existing investors retain a minority stake alongside the founders.

SciPlay Acquires 80% Stake in Alictus

March 1, 2022

Software

SciPlay Corporation has acquired an 80% stake in Ankara-based mobile game developer Alictus for $100 million in cash, with an agreement to purchase the remaining 20% over five years for up to an additional $200 million contingent on performance. The deal expands SciPlay's presence in the hyper-casual mobile market, adds a Turkey-based studio and in-app advertising capabilities, and is expected to increase SciPlay's DAUs by ~1.8 million and MAUs by ~28 million.

Sunstone Partners Invests $75M Growth Equity in MeetingPlay

June 17, 2021

Software

Sunstone Partners, a growth-oriented private equity firm, made a $75 million growth equity investment in MeetingPlay to fund product development, expand delivery capabilities and enhance go-to-market efforts. MeetingPlay, an event technology software company based in Frederick, Maryland, provides virtual, hybrid and in-person event platforms used by large enterprises and hospitality customers.

Gryphon Investors Makes Majority Growth Investment in Caylent

February 28, 2023

Cloud & SaaS

Gryphon Investors has made a majority growth investment in Caylent, a cloud-native AWS-focused services firm, to support the company’s capability expansion and go-to-market scale. East Los Capital exited its prior stake while Caylent’s management and Executive Chairman retained significant equity; financial terms were not disclosed.