Autodesk Acquires Innovyze from EQT Private Equity for $1 Billion

Xylem Inc. Acquires Evoqua Water Technologies

May 24, 2023

Utilities

Xylem Inc. completed the acquisition of Evoqua Water Technologies in an all-stock transaction valued at approximately $7.5 billion, creating the world’s largest pure-play water technology company. The combined company has pro forma revenue of roughly $7.3 billion and more than 22,000 employees globally; the transaction is expected to deliver significant cost synergies and expands Xylem's advanced treatment and services capabilities across municipal and industrial end markets.

Autodesk Acquires AI-Powered Construction Software Provider Pype

July 22, 2020

Cloud & SaaS

Autodesk, Inc. has signed a definitive agreement to acquire Pype, an AI- and ML-driven provider of cloud-based construction project automation tools, to integrate its capabilities into Autodesk Construction Cloud. The acquisition aims to expand Autodesk’s construction workflow automation and analytics capabilities—accelerating submittals, closeouts and other critical construction processes.

Excel Scientific (Vance Street Capital) Acquires Innovize

November 30, 2022

Medical Devices

Vance Street Capital has completed the acquisition of Innovize, LLC, with Innovize joining Excel Scientific LLC (a platform Vance Street partnered with in 2020) to create a medical and life sciences manufacturing platform. The deal brings complementary materials-conversion and complex manufacturing capabilities for diagnostics, wearables and other MedTech end markets; Innovize's founders John Ledy and Dave Jessen will continue to support the business.

Accenture Acquires IQT Group

December 18, 2024

Infrastructure

Accenture has agreed to acquire IQT Group, an Italy-based provider of engineering managed services for large infrastructure and net-zero projects. The acquisition brings IQT's more than 450 consultants and engineers into Accenture's infrastructure and capital projects practice to strengthen capabilities for electricity, water and telecom infrastructure, energy efficiency and net-zero program delivery in Italy and Europe.

EQT Acquires Acumatica

June 19, 2019

Cloud & SaaS

EQT VII has agreed to acquire Acumatica, a Bellevue-based cloud-native ERP software vendor, from the company's founders, management and other minority investors; financial terms were not disclosed. Acumatica will remain an independent, channel-focused SaaS business led by CEO Jon Roskill and will operate as a sister company to EQT's existing ERP portfolio company IFS to pursue cross‑pollination of R&D, go-to-market synergies and accelerated growth in the SMB ERP market.

VertexOne Acquires Accelerated Innovations

December 16, 2024

Cloud & SaaS

VertexOne has completed the acquisition of Accelerated Innovations LLC, adding the MyMeter customer self-service and engagement SaaS platform to its Digital Suite. The deal expands VertexOne's analytics and customer-experience capabilities for electric, gas and water utilities, and Accelerated Innovations founder Josh Headlee joins VertexOne as Chief Architect.