Aura Futures (Baird Capital-backed) Acquires Reflex Limited

Baird Capital Invests in Aura Futures (Karlson and Intevi platform)

March 18, 2020

IT Services

Baird Capital, the direct investment arm of Baird, has made a growth investment in London-based Aura Futures, a workspace technology platform formed by combining Karlson and Intevi. Baird partners Andrew Ferguson and Michael Holgate will join the Aura board to support platform build-out and future add-on acquisitions; financial terms were not disclosed.

Zebra Technologies Acquires Reflexis Systems

July 28, 2020

Cloud & SaaS

Zebra Technologies Corporation agreed to acquire Reflexis Systems, a provider of intelligent workforce management and task execution software, for $575 million. The acquisition expands Zebra's software portfolio in retail and frontline workforce optimization; Reflexis was a portfolio company of Great Hill Partners and Sageview Capital.

Sitecore Acquires Reflektion

September 2, 2021

Cloud & SaaS

Sitecore has completed the acquisition of Reflektion, an AI-powered digital search and personalization platform trusted by retailers such as Tumi, Rite Aid, and Levi's. The deal strengthens Sitecore's composable digital experience platform and accelerates its SaaS transformation by adding real-time, AI-driven search and personalization capabilities to improve conversion and customer satisfaction.

Learning Technologies Group Acquires Reflektive

January 20, 2021

Software

Learning Technologies Group plc (LTG) has acquired Reflektive Inc., a San Francisco-based performance management software provider. Reflektive will join LTG's PeopleFluent business to expand performance, engagement and analytics capabilities and bring over 450 corporate customers to LTG's talent management portfolio.

Enlightenment Capital Forms Auria by Merging Four Portfolio Companies

January 8, 2024

Aerospace & Defense

Enlightenment Capital has combined four portfolio companies—Boecore, Ascension Engineering Group, Orbit Logic, and La Jolla Logic—into a new space-focused platform called Auria, based in Colorado Springs. Auria will deliver mission planning, space domain awareness, satellite communications management and cybersecurity capabilities and will employ more than 400 people across the combined businesses. The consolidation is intended to broaden the customer base, expand capabilities and create a mid-tier contractor in the space and defense market.

Auria Acquires BCubed Engineering

February 8, 2026

Aerospace & Defense

Auria, a portfolio company of Enlightenment Capital, has acquired BCubed Engineering Corporation, a Warrenton, Virginia–based developer of software-defined satellite communications, digital ground systems, and cloud-native command-and-control platforms. The acquisition expands Auria's C3 (command, control, communications) software and hardware capabilities to better serve customers including the U.S. Space Force, Special Operations Command, and the Intelligence Community; Auria now has more than 500 employees across multiple U.S. locations.