DataArt Acquires SFL to Expand Digital Engineering Capabilities

FTV Capital Invests $75M Growth Round in DataArt

June 29, 2022

IT Services

DataArt, a global software engineering firm headquartered in New York City, secured a $75 million minority growth investment from growth equity firm FTV Capital to accelerate global delivery capacity, R&D and potential acquisitions. The capital will support DataArt's continued geographic expansion and capability build-out amid record revenue growth and hiring.

DataArt Acquires Lola Tech

September 29, 2022

Software

DataArt, a global software engineering firm, has acquired Lola Tech, a software development agency with operations in the United Kingdom and Romania, and will leverage Lola Tech's Cluj‑Napoca hub to expand its Romania delivery footprint. The acquisition is intended to grow DataArt's regional capacity and accelerate delivery of cloud‑native and digital transformation projects for its clients.

DataArt Acquires Software Nation and Opens Belgrade Office

March 21, 2022

Software

Global software engineering firm DataArt acquired Belgrade-based Software Nation and opened a new office in Serbia to expand its presence in the Balkans. The Belgrade office will leverage Software Nation's local workforce and initially has about 40 dedicated employees, supporting DataArt's geographic diversification and access to regional tech talent.

Veristat Acquires SFL (Solutions for Life Sciences)

March 7, 2022

Healthcare Services

Veristat, a scientific-focused global CRO headquartered in Southborough, Massachusetts, has acquired SFL (Solutions for Life Sciences), a Basel-based multi-disciplinary life sciences consultancy. The acquisition expands Veristat's regulatory affairs, pharmacovigilance, medical writing, market access and quality assurance capabilities in Europe and strengthens its ability to support biopharma and medtech clients entering EU/UK/Swiss markets.

dbt Labs Acquires SDF Labs

January 14, 2025

Data & Analytics

dbt Labs has acquired SDF Labs, the Seattle-based team behind SDF, a next-generation SQL comprehension and data transformation engine. The acquisition will integrate SDF's multi-dialect, dbt-native SQL comprehension capabilities into dbt to improve developer productivity, data velocity, and data quality.

Cloud Software Group to Acquire Arctera

August 11, 2025

Cloud & SaaS

Cloud Software Group entered into a definitive agreement to acquire Arctera, a global data management company, from funds affiliated with Carlyle. Arctera will operate as a standalone business unit within Cloud Software Group’s portfolio after closing, which is expected in Q4 2025 subject to regulatory approvals and customary closing conditions.