Bregal Milestone and Ridango Acquire uTrack Software Solutions

Bregal Milestone Takes Majority Growth Stake in SkySparc

September 25, 2025

Cloud & SaaS

Bregal Milestone, a European software-focused private equity firm, has made a majority growth investment in SkySparc to accelerate the company's global expansion and expand AI-driven capabilities within its OmniFi finance and treasury platform. Terms were not disclosed.

Bregal Milestone Makes Majority Growth Investment in Ridango

March 19, 2025

Software

Bregal Milestone has made a majority strategic growth investment in Ridango, a Tallinn-based provider of automated fare collection and transit management software. The investment, made in partnership with founder Erki Lipre and Ridango's management team, will support Ridango's product development and geographic expansion across Europe, the Middle East and APAC; terms were not disclosed.

Enghouse Systems Acquires Margento R&D d.o.o.

March 4, 2025

Software

Enghouse Systems Limited has acquired Margento R&D d.o.o., a Maribor, Slovenia-based provider of transit fare collection, account-based ticketing (ABT), automatic vehicle tracking and payment solutions. The acquisition expands Enghouse's European fare collection business and adds ABT, mobile ticketing and a MaaS backend to its transit solutions.

GPS Trackit (Inverness Graham-backed) Acquires Zonar Systems from Continental

December 3, 2024

Transportation

GPS Trackit, the Inverness Graham-backed fleet telematics and video company, has acquired Zonar Systems from Continental. The deal (terms undisclosed) combines GPS Trackit's video telematics platform with Zonar's smart fleet management capabilities to deepen presence in government, education and commercial fleet markets and expand fleet safety, health and compliance offerings.

Regnology Acquires VERMEG's AGILE RegTech Division

November 25, 2024

Software

Regnology has acquired VERMEG's regulatory reporting division, AGILE, and will integrate the solution into the Regnology Platform to expand its regulatory reporting capabilities and international footprint. The deal transfers AGILE’s suite—used by 150+ banks globally—into Regnology’s cloud-native offering, while VERMEG refocuses on collateral management and insurance solutions.

Bridgestone Americas Acquires Azuga

August 3, 2021

Cloud & SaaS

Bridgestone Americas has agreed to acquire Azuga Holdings, Inc., a fleet management software and connected-vehicle platform, for $391 million from Sumeru Equity Partners, Danlaw and other shareholders. The purchase will accelerate Bridgestone's development of cloud-based mobility and telematics solutions, integrating Azuga's GPS tracking, video telematics and fleet analytics into Bridgestone's mobility offerings; the deal is expected to close by the end of the third quarter, subject to customary conditions.