Welsh, Carson, Anderson & Stowe Acquires TrueCommerce from Accel-KKR

Welsh, Carson, Anderson & Stowe Acquires Majority Stake in GovernmentCIO

November 2, 2020

IT Services

Welsh, Carson, Anderson & Stowe (WCAS) completed a strategic majority investment in GovernmentCIO, a provider of technology and digital solutions to the federal health IT market. The investment will fund organic growth and support a buy-and-build strategy to expand GovernmentCIO’s capabilities and customer footprint across federal health and adjacent federal IT markets.

Welsh, Carson, Anderson & Stowe Acquires Green Street Advisors from Golden Gate Capital

June 3, 2019

Data & Analytics

Welsh, Carson, Anderson & Stowe (WCAS) has signed a definitive agreement to acquire Green Street Advisors from Golden Gate Capital. Management will reinvest and WCAS plans to accelerate organic growth, invest in product innovation and pursue strategic M&A to expand Green Street's research, data and analytics offerings for the commercial real estate market.

Welsh, Carson, Anderson & Stowe Acquires Majority Stake in EquiLend

January 18, 2024

Financial Services

Welsh, Carson, Anderson & Stowe (WCAS) has completed its majority acquisition of EquiLend, a global financial technology, data and analytics provider for the securities finance industry, following regulatory approvals in the U.S., UK and Ireland. Founding shareholders and customers — including Bank of America, BlackRock, Goldman Sachs, Morgan Stanley, National Bank of Canada, State Street and UBS — joined WCAS as owners; WCAS previously committed $200 million to support EquiLend's organic growth and acquisitions.

Welsh, Carson, Anderson & Stowe Acquires Absorb Software from Silversmith Capital Partners

April 20, 2021

Cloud & SaaS

Welsh, Carson, Anderson & Stowe (WCAS) has entered into a definitive agreement to acquire Absorb Software from Silversmith Capital Partners in a transaction that values Absorb at greater than US$500 million. Absorb, a Calgary-based cloud LMS provider serving millions of learners globally, will retain founder/CEO Mike Owens and other management as substantial shareholders; WCAS plans to accelerate organic growth, invest in product innovation and pursue strategic M&A.

TrueCommerce Acquires B2BGateway

October 29, 2020

Cloud & SaaS

TrueCommerce, a portfolio company of Accel‑KKR, has acquired B2BGateway, a global provider of managed cloud EDI and API data connectivity. The deal expands TrueCommerce’s connectivity and unified commerce capabilities and broadens its global footprint, particularly serving small and mid-sized businesses.

Welsh, Carson, Anderson & Stowe Acquires Argos Health

September 23, 2021

Healthcare Services

Welsh, Carson, Anderson & Stowe (WCAS) completed the acquisition of Argos Health, a provider of complex claims revenue cycle services for hospitals, health systems and physician groups. WCAS said it will scale Argos organically and via acquisitions to build a specialized revenue integrity platform and drive greater automation and growth.