Azul Acquires Payara to Strengthen Enterprise Java Platform

Thoma Bravo Makes Majority Strategic Investment in Azul

November 18, 2025

Cloud & SaaS

Azul, a Java-focused enterprise software company, entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo. Existing investors Vitruvian Partners and Lead Edge Capital will reinvest and retain minority stakes alongside Azul employees.

Ageras Acquires Dutch Payroll Software Company Employes

July 11, 2025

Cloud & SaaS

Danish software platform Ageras has acquired Dutch payroll software company Employes to add payroll capabilities and strengthen its presence in the Netherlands. Employes — founded in 2018 and serving over 6,000 companies — will join Ageras' pan-European platform; the Employes founders will remain with the business.

Nuvei Acquires Paya for $1.3 Billion

January 9, 2023

Payments & Fintech

Nuvei Corporation agreed to acquire Paya Holdings Inc. in an all-cash transaction valued at approximately $1.3 billion (USD $9.75 per share). The deal combines Nuvei's global payment platform with Paya's U.S. integrated-payments and ISV capabilities to accelerate growth in eCommerce, integrated payments and B2B end markets.

Aquila Acquires Cibar Inc.

September 6, 2022

Software

Aquila, a software investment division of Vela Software/Constellation Software, has acquired Cibar Inc., a Colorado Springs-based provider of trade finance banking software. Cibar will operate as an autonomous business unit within Aquila's group of fintech businesses, expanding Aquila's capabilities in international trade finance software for large and middle-market banks.

Paya Holdings Acquires Paragon Payment Solutions

April 26, 2021

Payments & Fintech

Paya Holdings, Inc. (NASDAQ: PAYA) announced the acquisition of Paragon Payment Solutions, a Tempe, Arizona-based integrated payments provider that processes approximately $1.5 billion in annual payment volume. The acquisition strengthens Paya’s ISV partner roster and expands its capabilities and reach in the non-profit and healthcare verticals; Paragon executives Roy Bricker and Brock Robertson will assist with integration and ISV sales efforts.

Imperva Acquires jSonar

October 1, 2020

Cybersecurity

Imperva has entered into an agreement to acquire jSonar, a provider of modern database and data-security software, to expand Imperva’s data security capabilities across on‑premises, cloud and DBaaS environments. The deal will combine jSonar’s analytics and SOAR capabilities with Imperva’s application and data security product lines; jSonar CTO Ron Bennatan will join Imperva to lead the combined Data Security business.