Hg Acquires OneStream for $6.4 Billion in All-Cash Deal

Hg Makes c.$1bn Strategic Investment in insightsoftware

July 13, 2021

Cloud & SaaS

Hg’s Saturn 2 Fund will make a c.$1bn equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates, in a transaction valuing the business at an enterprise value of around $4.0bn. The investment will support insightsoftware’s continued scale as a cloud financial reporting and EPM platform, with existing minority shareholders Genstar and ST6 remaining supportive and TA and Hg sharing joint control.

Stewart Information Services Corporation Acquires PropStream for $175M

November 12, 2021

Data & Analytics

Stewart Information Services Corporation has agreed to acquire PropStream, a residential real estate data and analytics platform, for $175 million in an all-cash deal funded from Stewart’s available resources. The transaction is expected to close on November 15 and PropStream will continue to operate as a standalone company, expanding Stewart’s digital data and analytics capabilities.

OpenText Acquires Micro Focus in $6 Billion All-Cash Deal

August 26, 2022

Software

OpenText announced it has reached an agreement on the terms of a recommended all-cash offer to acquire Micro Focus for 532 pence per share, valuing the enterprise at about $6 billion. The deal is expected to close in the first quarter of calendar 2023, subject to shareholder, court, and regulatory approvals.

IBM to Acquire StreamSets and webMethods from Software AG for €2.13 Billion

December 18, 2023

IT Services

IBM entered into a definitive agreement to acquire StreamSets and webMethods—Software AG’s Super iPaaS enterprise integration and API/data platforms—for €2.13 billion in cash. The deal is expected to close in the second quarter of 2024, subject to customary regulatory approvals and closing conditions.

HealthStream Acquires CloudCME

May 18, 2022

Healthcare Services

HealthStream (Nasdaq: HSTM) completed the acquisition of the remaining equity interest in CloudCME, a Nashville-based SaaS provider of continuing medical education (CME/CE) management tools. The transaction (approx. $4.08M cash plus $4.08M in HealthStream common stock, subject to working capital adjustments) expands HealthStream’s platform capabilities for healthcare continuing education and consolidates CloudCME’s nationwide customer base into HealthStream’s ecosystem.

HealthStream Acquires Virsys12

October 8, 2025

Cloud & SaaS

HealthStream (Nasdaq: HSTM) acquired Virsys12, a provider-data-management and credentialing software vendor, to expand its Network by HealthStream credentialing application suite for payers and health plan enterprises. The deal was for up to $17 million in cash (with earnout and post-closing working capital adjustments), and HealthStream will integrate Virsys12's V12 Enterprise application and managed services into its hStream Platform and Professional Services offering.