Ascential plc Acquires Flywheel Digital LLC

Omnicom Acquires Flywheel Digital

October 30, 2023

Marketing & Advertising

Omnicom has agreed to acquire Flywheel Digital, the digital commerce business of Ascential, for approximately $835 million in net cash. The acquisition brings Flywheel's commerce platform and services — including retail commerce operations, media execution, and market intelligence supported by Flywheel Commerce Cloud — into Omnicom to deepen its capabilities in e-commerce, retail media and digital commerce.

Olsam Group Acquires Flywheel Commerce

December 13, 2021

E-Commerce

London-based e-commerce aggregator Olsam Group has completed the acquisition of the assets of Flywheel Commerce, a US-based e-commerce aggregator. The deal will expand Olsam's footprint in North America and allow Flywheel's brands to continue operating in the US while leveraging Olsam's capabilities to grow them into the UK and EU.

The Jordan Company Makes Growth Equity Investment in Flywheel Software

May 4, 2022

Data & Analytics

The Jordan Company (TJC) invested growth equity in Flywheel Software to accelerate the development and go-to-market for Flywheel's No Code Data Activation Platform. The investment will fund product and engineering scale as Flywheel expands its platform for enterprise customers to activate first-party data from modern data stacks.

Flywheel Acquires Radiologics as Part of $22M Series C

September 15, 2021

Cloud & SaaS

Flywheel, a Minneapolis-based biomedical research data management platform, acquired St. Louis-based Radiologics as part of a $22 million Series C round led by 8VC. The acquisition expands Flywheel’s medical imaging and research collaboration capabilities, accelerating its roadmap for cross-platform interoperability, AI/ML workflows, and cloud-scalable/on-prem computational workflows.

Energy Services Group Acquires Ascent Software Assets from Alpine Energy Systems

July 1, 2019

Cloud & SaaS

Energy Services Group (ESG) expanded its commercial relationship with Nordic Energy Services and acquired the software assets of Alpine Energy Systems, including the Ascent customer and broker portal. The assets add SaaS capabilities — billing, data management, contact-center support, sales management and analytics — to ESG's retail energy platform; terms were not disclosed.

FIS Acquires Dragonfly Financial Technologies from One Equity Partners

May 11, 2024

Payments & Fintech

FIS has completed the acquisition of Dragonfly Financial Technologies, a digital business banking and cash management solutions provider, from One Equity Partners. Financial terms were not disclosed; Dragonfly — carved out from ACI Worldwide by OEP in 2022 — serves over 1.4 million businesses and a number of tier-one banks across the U.S. and Asia Pacific.