Centre Lane Partners Acquires Synacor, Inc.

Centerbridge Partners Acquires MeridianLink

October 24, 2025

Cloud & SaaS

Centerbridge Partners has completed the acquisition of MeridianLink, taking the cloud-based lending and account-opening software provider private for $20.00 per share. The transaction includes a minority investment from Silversmith Capital Partners and will allow MeridianLink to accelerate product innovation, including AI and data capabilities, while delisting from the NYSE.

CenterGate Capital Invests in Soroc Technology

December 21, 2020

IT Services

Austin-based private equity firm CenterGate Capital made an investment in Soroc Technology, an outsourced IT services provider headquartered in Woodbridge, Ontario. The capital injection is intended to support Soroc's growth and expansion of its service offering while founder and CEO Rudy Cheddie remains in leadership.

SYNNEX's Concentrix Division Acquires Convergys

June 28, 2018

Professional Services

SYNNEX Corporation, via its Concentrix division, agreed to acquire Convergys Corporation for approximately $2.43 billion in a deal expected to close in 2018. The transaction will integrate Convergys into Concentrix to create a larger global customer engagement and CRM BPO services provider, delivering scale, expanded capabilities and geographic reach.

Synopsys Acquires Ansys

January 16, 2024

Software

Synopsys has acquired Ansys in a cash-and-stock transaction valued at about $35 billion, combining Synopsys' electronic design automation (EDA) and IP capabilities with Ansys' simulation and analysis portfolio to create an integrated "silicon-to-systems" engineering leader. The deal, announced January 16, 2024 and completed July 17, 2025, positions the combined company to deliver integrated multiphysics and EDA solutions across semiconductors, automotive, aerospace and other industries.

Clearlake Capital Acquires Cornerstone OnDemand

October 15, 2021

Cloud & SaaS

Clearlake Capital Group completed its acquisition of Cornerstone OnDemand, buying all outstanding shares for $57.50 per share and taking the company private. Vector Capital also completed a minority investment; Clearlake said it will invest to accelerate product innovation and pursue add-on acquisition activity to drive Cornerstone's next phase of growth.

Echo360 Merges with Turning with Investment from Centre Lane Partners

January 11, 2022

Education

Echo360 merged with Turning to create an expanded SaaS-based video learning and engagement platform, supported by new capital from private equity firm Centre Lane Partners. The combined company will operate under the Echo360 brand and aims to broaden capabilities and market reach across higher education, K‑12, corporate, and government training markets.