Toast Acquires StratEx from Halyard Capital

Toast Acquires Sling to Expand Team Management Suite

July 7, 2022

Cloud & SaaS

Toast (NYSE: TOST) has acquired Sling, a provider of employee scheduling, communication and team-management software, to expand Toast's Payroll & Team Management suite. The acquisition integrates Sling's scheduling and in‑app messaging capabilities into Toast's restaurant-focused SaaS platform to help customers manage labor and improve employee experience.

Toast Acquires Delphi Display Systems

February 16, 2023

Cloud & SaaS

Toast, the Boston-based cloud restaurant technology company, has acquired Delphi Display Systems, a provider of digital display and drive-thru technology for quick-service restaurants. The acquisition expands Toast’s product suite to support drive-thru service models and integrates Delphi’s digital signage, analytics and hardware/software solutions into Toast’s restaurant platform.

Bell Acquires Stratejm and CloudKettle

July 9, 2024

IT Services

Bell has acquired Canadian technical services firms Stratejm and CloudKettle Inc., adding managed cybersecurity and Salesforce professional services to its capabilities. Both businesses will join Bell's group of companies and report into FX Innovation to strengthen Bell's cloud, security and AI-powered enterprise offerings.

Applications Software Technology (AST) Acquires Symatrix

May 20, 2024

IT Services

Applications Software Technology (AST), a US-based enterprise solutions provider, has acquired Symatrix, a United Kingdom-based Oracle HCM, ERP and SCM cloud consulting and outsourced payroll provider. The deal expands AST’s Oracle Cloud capabilities and provides a UK/European presence to accelerate AST’s global expansion while Symatrix’s leadership and team will remain in place to grow the combined customer base.

GrowthCurve Capital Acquires Netchex

June 7, 2023

Cloud & SaaS

GrowthCurve Capital, a private equity firm, has acquired Netchex, a cloud-based human capital management (HCM) and payroll software provider, from affiliates of Primus Capital. The investment will support Netchex’s AI and data analytics strategy, new product development, and expansion into new markets; financial terms were not disclosed.

Castik Capital and Abry Partners Acquire Majority Stake in Xexec

May 6, 2021

Cloud & SaaS

Funds advised by Castik Capital and Abry Partners have agreed to acquire a majority stake in London-based employee engagement platform Xexec, in partnership with founders Jacqueline Benjamin and Saul Meyer. The private equity backers plan to accelerate Xexec's product innovation, sales & marketing, and support US expansion and bolt-on acquisitions to drive growth.