Bilt Acquires Sion for $30M

Doximity Acquires Amion

February 8, 2022

Healthcare Services

Doximity, the digital platform for U.S. medical professionals, has acquired Amion, a web and mobile on-call physician scheduling application that manages nearly 200,000 physician schedules at thousands of hospitals (including 18 of the top 20). The acquisition, expected to close April 1, 2022, will integrate Amion’s scheduling capabilities into Doximity’s physician cloud platform to enhance collaboration and engagement across its products.

Bilt Rewards Acquires Banyan

March 17, 2025

Data & Analytics

Bilt Rewards has acquired Banyan, the item-level receipt data platform that has analyzed more than 20 billion receipts and processed over $200 billion in spend. The acquisition (Bilt's first) will integrate Banyan's receipt-level intelligence into Bilt's payments and neighborhood commerce network to power hyper-personalized rewards, automated FSA/HSA reimbursements, and expanded merchant experiences; Banyan will continue to operate independently under CEO Jehan Luth.

Davies Group Acquires Financial Services Consulting Firm Sionic from Livingbridge

December 7, 2021

Consulting

Davies Group has acquired Sionic, a global financial-services consulting firm, from Livingbridge. Sionic — formed from Catalyst, Knadel and Sionic Advisors — generates over $65m of revenue and employs more than 300 professionals across North America, Europe and Asia; the deal expands Davies' specialist capabilities in insurance, banking and other highly regulated markets.

TransUnion Acquires Sontiq for $638M

October 26, 2021

Cybersecurity

TransUnion has signed a definitive agreement to acquire Sontiq, a consumer identity protection company headquartered in Nottingham, Maryland, for $638 million. The deal (from portfolio owner The Wicks Group) expands TransUnion’s consumer identity and cyber protection offerings—Sontiq generated about $85 million of revenue in 2021 with an ~40% adjusted EBITDA margin and was acquired at ~19x FY2021 adjusted EBITDA; the transaction was expected to close in Q4 2021.

Waystone Acquires BIL Manage Invest from Banque Internationale à Luxembourg (BIL)

May 7, 2025

Financial Services

Waystone has agreed to acquire Luxembourg-based management company BIL Manage Invest from Banque Internationale à Luxembourg (BIL) Group, subject to regulatory approval. The deal will increase Waystone’s assets under management in Luxembourg by roughly 15% and brings approximately 26 colleagues into Waystone’s Luxembourg team, strengthening its fund services capabilities in Continental Europe.

Macquarie Asset Management Acquires ZITON from Permira Credit-backed Shareholders

October 1, 2024

Energy

Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, has agreed to acquire ZITON, a Denmark-founded specialist in offshore wind operations and maintenance, from funds advised by Permira Credit and other existing shareholders. The investment will support ZITON’s fleet expansion and ongoing O&M services for offshore wind farms across Europe, enhancing turbine uptime and capacity for the growing European offshore wind market.