DC Capital Partners Acquires Majority Stake in Knexus

Knexus Acquires S4

July 24, 2025

Cybersecurity

Knexus, a Vienna, Virginia–based provider of AI solutions to the U.S. federal government, has acquired S4, a Bedford, Massachusetts provider of enterprise IT, cybersecurity, and intelligence analysis services. The deal combines Knexus' AI capabilities with S4's cybersecurity and IT delivery to expand end-to-end AI-enabled solutions and improve mission-focused support for federal customers.

DC Capital Partners Acquires AstreaX

May 10, 2024

Government & Public Sector

DC Capital Partners Management, LP has made a controlling investment in AstreaX, a provider of software development and implementation services for DMV and government IT modernization. The investment will support AstreaX's expansion of its IT modernization offerings, digital identity and super-portal solutions across additional state and provincial jurisdictions.

Audax Private Equity Acquires Majority Stake in Keystone

January 15, 2026

Consulting

Audax Private Equity has acquired a majority stake in Keystone, purchasing the global technology and advisory services practice from RLH Equity Partners in a recapitalization that closed January 2, 2026. Concurrently, Keystone spun out its Core AI business as an independent B2B AI SaaS company (Keystone.AI) with RLH retaining a minority stake; Jeff Marowits was named CEO and Greg Richards will remain as a senior strategic advisor.

Edison Partners Invests $15M in K1x, Inc.

December 15, 2022

Cloud & SaaS

Edison Partners has made a $15 million growth equity investment in K1x, Inc., a Chicago-based provider of AI-powered Schedule K-1 aggregation and packet production SaaS for institutional investors and tax-exempt organizations. The funding will support K1x's commercial scaling, customer success, product roadmap and machine-learning capabilities, and Edison Partners' Jennifer Lee will join K1x's board.

Nexa Equity Makes Strategic Growth Investment in Cedar AI

November 1, 2025

Logistics & Distribution

Nexa Equity, a San Francisco-based private equity firm, has made a strategic growth investment in Cedar AI, an AI-powered transportation management system serving railroads and rail shippers. The investment will support Cedar AI’s product development and commercial expansion from its headquarters in Seattle, Washington.

KKR Acquires Majority Stake in apexanalytix from Carousel Capital

June 6, 2022

Data & Analytics

KKR has signed a definitive agreement to acquire a majority interest in apexanalytix, a supply-chain software, data and analytics provider. Carousel Capital will remain a significant minority owner; KKR’s investment is intended to accelerate apexanalytix’s global expansion, product development and talent recruitment.