Apex Group Acquires Flow (FTS Tech, Inc.)

Exa Capital Acquires Flow Software

February 26, 2026

Cloud & SaaS

Exa Capital, a private equity firm following a permanent hold strategy, has acquired Flow Software, an Auckland-based integration-as-a-service provider serving businesses across Australia and New Zealand. Flow will continue operating independently under Exa’s decentralized model as Exa deepens its presence in the ANZ region.

Appfire Acquires Flow from Pluralsight

February 5, 2025

Software

Appfire has acquired Flow, Pluralsight’s Software Engineering Intelligence (SEI) platform, expanding Appfire’s product portfolio into engineering productivity and analytics. The acquisition transfers Flow from Pluralsight to Appfire and enables Appfire to offer data-driven developer productivity insights alongside its existing Atlassian/Microsoft/monday.com integrations.

Lone Star Funds Affiliate Acquires SPX FLOW, Inc.

April 5, 2022

Manufacturing

An affiliate of Lone Star Funds completed the acquisition of SPX FLOW, Inc., taking the company private and ending its NYSE trading. Lone Star said it will work with SPX FLOW management to accelerate strategic plans and drive profitable growth for the process-equipment manufacturer, which reported roughly $1.5 billion in 2021 revenue.

Arcapita Acquires The DataFlow Group

September 4, 2023

Professional Services

Arcapita Group Holdings Limited has acquired The DataFlow Group (DataFlow Verification Services Limited) from EQT Private Equity. DataFlow is a leading provider of regulation-mandated pre-employment primary source verification services in the GCC with more than 850 employees across nine countries; Arcapita said the acquisition supports its strategy to build technology-enabled, asset-light business services and drive growth across the GCC and beyond.

ProFrac Holdings Acquires FTS International

March 4, 2022

Energy

ProFrac Holdings, LLC completed the acquisition of FTS International, Inc., closing related refinancing transactions and appointing Lance Turner (formerly FTSI CFO) as ProFrac CFO. The combined company — which ProFrac says will be one of the largest U.S. pressure‑pumping providers — has 31 active frac fleets pro forma and generated $257.9 million of annualized combined adjusted EBITDA in Q4 2021 (before synergies).

Splunk Inc. Acquires Flowmill

November 24, 2020

Cloud & SaaS

Splunk Inc. has signed a definitive agreement to acquire Flowmill, a Palo Alto–based cloud network observability company that specializes in network performance monitoring using eBPF technology. The acquisition expands Splunk's Observability Suite by adding real-time cloud network telemetry and NPM capabilities; the deal was announced November 24, 2020 and expected to close in Splunk's fiscal fourth quarter.