project44 Acquires Convey for $255M

Convey Acquires Selectron, Expanding Utility and Government Engagement, Field Operations, and Payments

August 4, 2026

IT Services

Convey, the engagement operating system for utilities and regulated industries, announced it has acquired Selectron, a provider of citizen engagement, field operations, inspection management, and payment solutions for utilities and state/local governments. The combined platform adds PCI-certified payments, inspection and field workforce management, and mobile inspection workflows alongside Convey’s omnichannel communications and AI orchestration.

Convey Acquires Powerley

October 30, 2025

Cloud & SaaS

Convey, a Denver-based customer engagement software provider, has acquired Powerley, an AI-powered home energy management SaaS company headquartered in Royal Oak, Michigan. The deal integrates Powerley’s appliance-level energy analytics and BillWise AI into Convey’s platform to enhance utilities’ predictive billing, personalized energy insights, and customer engagement capabilities as an add-on to Convey’s PE-backed platform.

TPG Capital to Acquire Convey Health Solutions in ~$1.1B Deal

June 22, 2022

Healthcare Services

TPG Capital, the private equity platform of TPG, announced it will acquire Convey Health Solutions Holdings in a definitive merger agreement valued at approximately $1.1 billion. Under the terms, TPG Capital will buy all shares not already owned by it or certain management and director shareholders for $10.50 per share in cash, with closing expected in the second half of 2022.

Thoma Bravo, TPG and Goldman Sachs Lead $420M Investment in project44

January 11, 2022

Cloud & SaaS

project44, the Chicago-based supply chain visibility SaaS provider, received a $420 million growth investment led by Thoma Bravo, TPG and Goldman Sachs Asset Management at a $2.2 billion pre-money valuation. Other participants included Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire Ventures and Sozo Ventures, with Sixth Street committing additional financing to support product development and a strategic acquisition program.

Visible Supply Chain Management Acquires Dallas-based TriCon

July 7, 2020

Logistics & Distribution

Visible Supply Chain Management, a Salt Lake City-based logistics and fulfillment provider, has acquired TriCon, a Dallas-based logistics, customs brokerage and fulfillment company. The acquisition adds TriCon's customs brokerage and international transportation capabilities and three warehouse locations (Orlando, Seattle and Dallas), expanding Visible's U.S. fulfillment footprint to seven locations.

Entelo Acquires ConveyIQ

August 26, 2019

Software

Entelo acquired ConveyIQ, a candidate engagement SaaS provider, to create an end-to-end recruiting platform that manages candidate interactions from source-to-hire. The deal was announced August 26, 2019 alongside a new funding round supported by investors including Battery Ventures, Shasta Ventures, USVP, 3TS Capital Partners, SC Ventures and StarVest Partners.