CVC Capital Partners and Haveli Investments Acquire Jagex from Carlyle

CVC Invests in Dream Games as Sole Equity Partner

May 1, 2025

Media & Entertainment

CVC has agreed a strategic investment to become the sole equity partner in Dream Games, providing liquidity to the company's initial venture capital investors who will exit. Debt financing is being provided by funds managed by Blackstone and others; Dream Games will use the partnership to accelerate growth of its Royal games universe and expand globally. The transaction is subject to customary regulatory approvals and is expected to close in Q3 2025.

CVC, Nordic Capital and ADIA Complete Acquisition of Hargreaves Lansdown

March 25, 2025

Financial Services

A consortium led by CVC and Nordic Capital, with Platinum Ivy (a wholly-owned subsidiary of ADIA), has completed the acquisition of Hargreaves Lansdown and the company has been delisted from the London Stock Exchange. The consortium said it will partner with management to accelerate Hargreaves Lansdown’s transformation plan, investing in technology, digital channels and service enhancements to improve the client proposition and drive growth in the UK wealth market.

Vista Equity Partners Acquires JAGGAER from Cinven

August 13, 2024

Cloud & SaaS

Vista Equity Partners has agreed to acquire JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The transaction, terms undisclosed, positions JAGGAER to continue scaling its AI-enabled JAGGAER One SaaS platform under Vista’s software-focused investment platform; completion is expected subject to customary approvals.

Jagex Acquires Pipeworks Studios

July 21, 2022

Software

Jagex, the Cambridge-based games developer and publisher, has acquired Pipeworks Studios, a US-based game development studio headquartered in Eugene, Oregon. The deal brings over 200 development staff and expanded production capabilities to Jagex, supporting geographic expansion into North America and diversification of its games-as-a-service expertise.

The Carlyle Group Makes Majority Growth Investment in HireVue

October 15, 2019

Cloud & SaaS

The Carlyle Group has completed a majority growth investment in HireVue, the Salt Lake City–based provider of AI-driven video interviewing and talent assessment software. Existing investors including Granite Ventures, Sequoia and TCV, along with HireVue management, remain minority shareholders as Carlyle backs the company's next phase of product innovation and global expansion.

Cinven Acquires Majority Stake in JAGGAER from Accel-KKR

August 15, 2019

Cloud & SaaS

International private equity firm Cinven has acquired a controlling majority stake in JAGGAER, the global SaaS spend-management and Source-to-Pay provider. Accel-KKR, which took JAGGAER private in 2016 and drove significant growth and add-on acquisitions, retains a minority stake; Cinven said it will support further R&D investment and additional acquisitions to drive growth.