MRP and CONTENTgine Merge to Form pharosIQ

Gemspring Capital Affiliate Acquires and Combines FORM with Trax Retail Image Recognition to Create Global Retail Execution Platform

February 4, 2026

Cloud & SaaS

Gemspring Capital Management announced that an affiliate acquired and combined FORM with the image recognition business of Trax (Trax IR), creating a global retail execution and data intelligence software platform for the consumer packaged goods (CPG) ecosystem. The combined platform integrates FORM’s frontline task/workflow execution and shelf intelligence with Trax’s AI-powered computer vision for SKU-level, shelf-level insights, aiming to drive improved compliance, reduced out-of-stocks, and faster decision-making at scale.

Eir Partners Majority Recapitalizes PharmaForceIQ

September 10, 2024

Cloud & SaaS

Eir Partners completed a majority recapitalization of PharmaForceIQ (PFIQ), an AI-driven omnichannel orchestration and measurement platform for pharmaceutical and life science companies. The investment will fund product development, key hires and continued accumulation of data assets to scale PFIQ's HCP and DTC omnichannel offerings.

Decisions and ProcessMaker Merge to Create AI Business Orchestration Leader

November 10, 2025

Cloud & SaaS

Decisions and ProcessMaker announced a merger to form a combined Business Orchestration and Automation Technologies (BOAT) company, bringing together ProcessMaker’s AI-enriched workflows and Intelligent Document Processing with Decisions’ enterprise rules engine and orchestration capabilities. The combined company, backed by private equity firm Aldrich Capital Partners and led by CEO Giles Whiting, will serve more than 700 customers across industries including financial services, healthcare, insurance, education, manufacturing and government.

Hewlett Packard Enterprise to Acquire Morpheus Data

August 20, 2024

Cloud & SaaS

Hewlett Packard Enterprise (HPE) announced it will acquire Morpheus Data, a software provider for hybrid cloud management and platform operations. The deal is expected to close in early Q4, and Morpheus’ technology will enhance HPE GreenLake with multi-vendor/multi-cloud provisioning, orchestration and automation, plus FinOps capabilities.

CopilotIQ and Biofourmis Merge to Create AI-Driven In-Home Care Platform

October 21, 2024

Healthcare Services

CopilotIQ and Biofourmis announced a strategic merger to create a combined, end-to-end AI-driven platform for in‑home care spanning pre-surgery, acute, post-acute, and chronic care. Leading investors from both companies — including General Atlantic, Openspace Ventures, and Bessemer Venture Partners — are reinvesting in the combined business to support expansion and product integration.

rockITdata Acquires Pharos Group, Inc.

October 25, 2022

Professional Services

rockITdata has acquired Pharos Group, Inc., a Stafford, Virginia-based performance excellence consultancy. The acquisition adds 40+ consulting professionals and combines Pharos' strategy, workforce development, and operational excellence capabilities with rockITdata's AWS- and Salesforce-focused cloud and contact center solutions to expand capability and public sector offerings.