Behind Investments Acquires Semantic Visions from Pale Fire Capital

Corporate Visions (backed by The Riverside Company) Acquires Primary Intelligence

February 23, 2023

Cloud & SaaS

Corporate Visions, a Riverside-backed revenue growth and sales enablement platform, has acquired Primary Intelligence, a SaaS provider of automated win‑loss and no‑decision analysis for B2B companies. The add‑on expands Corporate Visions' capabilities by integrating Primary Intelligence's deal-level buyer feedback and analytics to deliver rep-level coaching and real-time customer insights.

Altair Acquires Cambridge Semantics

April 18, 2024

Data & Analytics

Altair (Nasdaq: ALTR) has acquired Cambridge Semantics, a provider of knowledge graph-powered data fabric and analytical graph database technology, and will integrate the technology into the Altair RapidMiner platform. The acquisition brings knowledge graph, data governance, data virtualization, and data discovery capabilities to Altair's analytics and data science offerings to accelerate enterprise knowledge graphs and support generative AI use cases.

Saunia Founders Acquire Pale Fire Capital's 20% Stake

April 8, 2022

Restaurants & Hospitality

Pale Fire Capital has sold its 20% stake in sauna operator Saunia to the company’s other partners — Michal Drozd, Bohumil Píše, Jan Holeček and Radek Stavinoha. Saunia, which operates 15 sauna worlds in shopping centres across the Czech Republic and Slovakia and plans further openings, was in Pale Fire’s portfolio since 2019; Pale Fire said the investment was no longer suitable for its portfolio.

Pale Fire Capital Increases Stake in Valuo Technologies

May 2, 2022

Data & Analytics

Prague-based private equity firm Pale Fire Capital increased its stake in Valuo Technologies (valuo.cz) to 37.5%, providing additional capital to support product development, team expansion and potential international expansion. Valuo Technologies builds a data-driven real estate price estimation platform used by real estate agents, financial advisors and banks in the Czech market.

Pale Fire Capital Acquires Majority Stake in Arpem (Spanish Insurance Comparator)

February 7, 2022

Insurance

Czech investment group Pale Fire Capital has acquired an 83% majority stake in Arpem Networks S.L., the Madrid-based online insurance comparison platform Arpem. The investment positions Pale Fire Capital to expand its portfolio into the Spanish market and support Arpem's IT development, product growth and recruitment to accelerate the platform's development.

Founders Buy Back teamIT from Pale Fire Capital

October 14, 2025

Staffing & HR

Pale Fire Capital has sold its stake in Czech IT recruitment agency teamIT back to the company's original founders and co-owners — Jan Birás, Michal Tomek, and Petr Kropáček. After six years of partnership, the founders will take full control of teamIT as the firm continues its growth in IT staffing across banking, insurance and other enterprise clients.