Symphony Technology Group Makes Majority Investment in Celtra

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.

Symphony Technology Group Acquires Majority Stake in CAI Software

December 13, 2021

Software

Symphony Technology Group (STG) has made a majority investment in CAI Software, a Rhode Island–based provider of ERP, MES, WMS, EDI and production-oriented software for manufacturing and distribution. STG said the investment will accelerate CAI's product innovation and growth through organic investments and M&A while partnering with CAI's existing owners and management team.

Symphony Technology Group Makes Growth Equity Investment in RedSeal

April 10, 2019

Cybersecurity

Symphony Technology Group (STG) has made a growth equity investment in RedSeal, a provider of cyber risk modeling software for hybrid environments, to support the company’s product and market expansion. The investment will fund accelerated growth and scaling of RedSeal’s platform, which is used by Global 2000 companies and government agencies; terms were not disclosed.

Symphony Technology Group Acquires Trace One from Hg

April 28, 2021

Cloud & SaaS

Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired Trace One, a Paris-based SaaS platform for the retail and consumer packaged goods (CPG) industry, from Hg. The deal (terms undisclosed) positions STG to accelerate Trace One’s organic growth and explore strategic acquisitions to expand its product and geographic footprint in the Retail/CPG software market.

Symphony Technology Group Makes Growth Investment in Accelerated Technology Laboratories (ATL)

March 22, 2023

Software

Symphony Technology Group (STG) has made a growth investment in Accelerated Technology Laboratories (ATL), a provider of Laboratory Information Management Systems (LIMS) serving water/wastewater, environmental, food & beverage and manufacturing customers. The investment will support ATL’s product innovation and growth to help laboratories automate workflows, improve data accuracy, and meet regulatory requirements.

Symphony Technology Group Acquires Sciforma

March 31, 2021

Software

Symphony Technology Group (STG), a Palo Alto-based private equity firm focused on software and data analytics, has acquired Sciforma, a Paris-based provider of project and portfolio management (PPM) software. STG plans to strengthen Sciforma's cloud offering and accelerate product innovation—particularly around AI and automation—while Sciforma's founders will transition day-to-day leadership to a new executive team.