MadCap Software Acquires Xyleme

Momentive Software Acquires Blue Sky eLearn

February 10, 2025

Software

Momentive Software acquired Blue Sky eLearn to expand its learning management solutions for associations and mission-driven organizations. The acquisition adds Blue Sky’s Path LMS (used by over three million users across ~400 organizations) to Momentive’s cloud-based portfolio; terms were not disclosed.

MadCap Software Acquires IXIASOFT

February 22, 2023

Software

MadCap Software, backed by Battery Ventures, has acquired IXIASOFT, a Montreal-based leader in DITA component content management systems (CCMS). The acquisition makes IXIASOFT a wholly-owned subsidiary of MadCap and expands MadCap's enterprise-class content management capabilities and global presence.

Cadre Holdings Acquires Cyalume Technologies

May 3, 2022

Industrial Services

Cadre Holdings, Inc. entered into a definitive agreement to acquire Cyalume Technologies, a manufacturer of proprietary chemical illumination solutions for military, first responder, and commercial applications. The deal was completed for a $35.0 million purchase price, with Cyalume’s management team expected to remain with the business.

Hyphen Solutions Acquires Chameleon Power

February 1, 2022

Cloud & SaaS

Hyphen Solutions has acquired all assets of Chameleon Power, a provider of web visualizers, photo upload tools, and 3D/AR/VR product configurators for the residential construction supply chain. The acquisition expands Hyphen's builder and supplier SaaS platform by adding visualization, color tools and configurator capabilities to better integrate buyer selections with Hyphen's CRM, scheduling, warranty and ERP solutions.

Battery Ventures Majority-Growth Investment in MadCap Software

January 11, 2022

Software

Battery Ventures has made a majority-growth investment in MadCap Software, a San Diego-based provider of single-source, multi-channel content authoring and publishing software. MadCap will use the funding to accelerate product enhancements, expand its services and global presence, improve go-to-market capabilities, and potentially pursue targeted acquisitions.

Bow River Capital Majority Recapitalizes Xyleme, Inc.

May 6, 2021

Cloud & SaaS

Bow River Capital’s Software Growth Equity Fund completed a majority recapitalization of Xyleme, Inc., a Denver-based cloud learning content management and creation platform. The investment will fund product innovation, sales growth, global scaling and potential inorganic expansion; CIBC Innovation Banking provided debt financing for the transaction.