New Relic Signs Definitive Agreement to Acquire Pixie Labs

ShiftPixy to Acquire Northern California-Based Human Capital Provider

March 26, 2024

Professional Services

ShiftPixy (Nasdaq: PIXY) announced a definitive agreement to acquire a Northern California-based provider of human capital to serve several key industrial clients. The company expects the transaction to close in the forthcoming quarter, subject to standard closing conditions, and said financial terms were not disclosed.

Francisco Partners and TPG Acquire New Relic

November 2, 2023

Software

Francisco Partners and TPG have agreed to acquire observability software provider New Relic for $87.00 per share in an all-cash transaction valuing the company at approximately $6.5 billion. The deal, approved by New Relic's board and supported by key shareholders, will take New Relic private to provide greater flexibility to continue its product transition and accelerate investment in its observability platform.

Bain & Company Acquires PiperLab

March 16, 2024

AI & Machine Learning

Bain & Company has acquired Madrid-based PiperLab, a provider of AI and machine learning solutions, to strengthen Bain's Advanced Analytics Group (AAG) and scale its technology and analytics capabilities across EMEA. PiperLab, founded in 2015, will form part of Bain’s AAG ecosystem and help deliver data-driven solutions to clients across industries including insurance, telecoms, utilities and logistics.

ShiftPixy, Inc. Acquires TurboScale for $150 Million

October 17, 2024

AI & Machine Learning

ShiftPixy, a Miami-based staffing and workforce-management platform, has acquired TurboScale, an AI infrastructure company, in a $150 million transaction comprised of $75 million in stock and $75 million in debt. The purchase brings GPU-accelerated cloud and AI model deployment capabilities into ShiftPixy's platform to accelerate AI-driven workforce analytics and automation, with new products expected by early 2025.

Fiix Acquires Alchemy IoT

August 12, 2019

Cloud & SaaS

Fiix Inc. acquired Alchemy IoT to integrate the startup's machine‑learning asset intelligence into Fiix's cloud CMMS, enabling AI-driven predictive maintenance. The deal positions Fiix as a leader in condition‑based maintenance by adding real‑time asset health and anomaly detection to its platform.

Net at Work Acquires Kensium's Acumatica Operations; Kensium Acquires Pixafy

July 26, 2024

IT Services

Net at Work and Kensium executed a reciprocal transaction completed July 26, 2024: Net at Work acquired Kensium’s Acumatica practice (consultants, operations and a majority of the customer base), adding an office and a 40-member team in Hyderabad. Concurrently, Kensium acquired Pixafy, Net at Work’s eCommerce agency, to strengthen its eCommerce and ERP integration capabilities.