Celcoin Acquires CobranSaaS

SaaS Opportunity Capital Acquires Celera Systems

June 5, 2025

Software

Midwest-based private equity firm SaaS Opportunity Capital (SOC) has acquired Celera Systems, a Milwaukee-based provider of workflow and order/fulfillment software used by large financial services firms. SOC intends to expand Celera's platform beyond its historical bundled distribution model with Toppan Merrill, accelerate integrations (CRM, DAM), add AI capabilities, and bring the solution to a broader set of financial services and regulated-enterprise customers.

nCino Acquires Sandbox Banking

February 11, 2025

Software

nCino, a publicly traded provider of cloud banking software, has acquired Sandbox Banking, an iPaaS specialist for banks and credit unions, for $52.5 million in cash plus up to $10 million in earn-outs. The deal adds integration and data-connectivity capabilities (Glyue / nCino Integration Gateway) to nCino's platform to accelerate deployments, reduce integration friction and improve system interoperability for financial institutions.

Solen Software Group Acquires Cairn Applications Inc.

January 27, 2026

Cloud & SaaS

Solen Software Group has acquired Cairn Applications Inc., a 2008-founded provider of cloud SaaS for the waste hauling industry; the transaction closed in December 2025. Cairn (founder James Moser) supports 350+ customers, manages over 65,000 dumpsters and facilitates nearly $150 million in annual commerce; it will continue operating autonomously under Solen's permanent-capital ownership.

Volaris Group Acquires Collab, Portuguese Contact-Center Software Provider

March 19, 2020

Cloud & SaaS

Volaris Group has acquired Collab – Soluções Informáticas de Comunicação e Colaboração, a Lisbon-based provider of on-premise and cloud-native contact center solutions (CCaaS, cloud PBX) serving telecom operators and contact center providers worldwide. Collab, founded in 2003, serves 500+ customers with 35,000 live concurrent contact-center agents and a global partner network; the deal is an add-on to Volaris's Communications & Media vertical to broaden its mission-critical software capabilities.

United Fintech Acquires Cobalt

December 15, 2022

Financial Services

United Fintech has acquired 100% of Cobalt, a provider of shared ledger infrastructure and risk/data services for FX and digital assets, to strengthen its FX and digital-assets trading capabilities. Cobalt will operate as a standalone business under United Fintech, with United Fintech founder Christian Frahm named Chairman while Cobalt's leadership remains in place.

Marlin Equity-backed Collenda Acquires S4Dunning

September 3, 2020

Cloud & SaaS

Marlin Equity Partners has acquired S4Dunning and will merge the SaaS receivables-management provider into its existing portfolio company, Collenda. The acquisition strengthens Collenda’s credit and collections software suite and supports its strategic push into the corporate (B2B) market across Europe.