EQT Private Equity Acquires Avetta from WCAS
April 2, 2024
EQT Private Equity's EQT X fund has agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Avetta is a global SaaS leader in supply chain risk management with 12 offices, more than 750 employees, and a network spanning 130+ countries; EQT says it will back product innovation, AI/automation adoption and global expansion to accelerate growth.
- Buyers
- EQT Private Equity (EQT X fund)
- Targets
- Avetta
- Sellers
- Welsh, Carson, Anderson & Stowe (WCAS), TCV, Norwest Venture Partners
- Industry
- Cloud & SaaS
- Location
- Utah, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Avetta Acquires Pegasus (Australia)
May 7, 2021
Cloud & SaaS
Avetta, a Utah-based supply chain risk management software provider, has agreed to acquire Pegasus, a Newcastle, Australia-based worker competency management software company. The deal combines Avetta's global supplier risk platform with Pegasus's workforce competency and learning management capabilities and establishes Pegasus as Avetta's base of operations in Australia.
-
EQT Private Equity Acquires Majority Stake in AMCS
August 14, 2024
Cloud & SaaS
EQT Private Equity, through EQT X and EQT Future, will acquire a majority stake in AMCS, a cloud-based and AI-enabled performance and sustainability software provider for resource-intensive industries. Existing majority investor Insight Partners and other investors including Clearlake Capital, Highland Europe, and the Ireland Strategic Investment Fund are expected to retain minority stakes.
-
RESA Power Acquires AVATT, Inc.
April 4, 2024
Energy
RESA Power, a portfolio company of Investcorp, has acquired AVATT, Inc., an Edmonton-based transformer services firm. The add-on purchase expands RESA Power’s transformer installation, maintenance, oil purification and testing capabilities across western Canada and adds technical expertise and additional oil-processing rigs to its fleet.
-
Rockwell Automation Acquires AVATA
November 1, 2021
IT Services
Rockwell Automation has acquired AVATA, a services provider specializing in supply chain management, ERP, and enterprise performance management solutions and a strategic Oracle cloud systems integrator. AVATA will be integrated into Rockwell’s Kalypso business to strengthen end-to-end supply chain consulting, broaden cloud-native capabilities, and extend the company’s digital thread and IT/OT convergence offerings.
-
WCG Acquires The Avoca Group
May 11, 2021
Healthcare Services
WCG, a provider of clinical trial solutions, has acquired The Avoca Group, a life sciences consulting firm focused on clinical trial quality management, benchmarking and analytics. The acquisition strengthens WCG's capabilities in quality management, benchmarking and compliance to accelerate clinical research and improve trial efficiency.
-
Vista Equity Partners Acquires Avalara
October 19, 2022
Cloud & SaaS
Avalara, a tax compliance automation provider, announced the completion of its acquisition by Vista Equity Partners for $93.50 per share in cash, with institutional co-investors. Following completion, Avalara shares ceased trading and the company became private.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.