Ascent Technologies Acquires Waymark

Edgewater Equity Partners Acquires Ascent Technologies

January 18, 2024

Cloud & SaaS

Edgewater Equity Partners, a Boston-based private equity firm, has acquired Ascent Technologies, a Chicago-headquartered provider of AI-enabled compliance automation for financial services. The acquisition will support accelerated development of Ascent's regulatory compliance platform and expansion of its AI-driven capabilities for financial institutions.

Horizon Capital Majority Investment in Ascent Software; Ascent Acquires TechHuddle

December 8, 2019

IT Services

Horizon Capital has made a majority investment in Ascent Software and simultaneously completed the acquisition of TechHuddle in a combined £30m transaction. The deal creates a scaled technology services platform headquartered in Reading (with delivery centres in Malta and Bulgaria), giving Ascent over 100 clients and more than 300 developers to accelerate organic growth and further buy-and-build activity.

Level Access Acquires UserWay

March 20, 2024

Software

Level Access has completed the acquisition of UserWay, an AI-powered digital accessibility technology provider, following a definitive agreement announced in December 2023. The deal brings UserWay's automated remediation capabilities into Level Access's platform to broaden its accessibility software and services offering and accelerate customers' ability to scale accessible digital experiences.

Montagu Acquires Waystone; Hg Joins as Strategic Investor

July 1, 2021

Financial Services

Montagu has completed its acquisition of Waystone, a Dublin-based provider of fund governance, risk and compliance services, with Hg joining as a strategic investor and joint shareholder. The deal — in which MML Capital Partners exited its investment — will support Waystone's further geographic and product expansion and accelerated M&A-driven growth; the transaction has been reported at around $1.3 billion. Waystone serves clients with more than US$1 trillion in AUM and will continue to be led by CEO Derek Delaney alongside the new investor group.

ATS Automation, Inc Acquires WayPoint Systems, Inc

July 7, 2021

Electrical Services

ATS Automation, Inc. has acquired WayPoint Systems, Inc., a Roswell, Georgia–based provider of building technology and facility engineering services. The deal expands ATS’s footprint in the Southeast, enhances its building controls and energy-management capabilities, and strengthens support for national account clients under the new name ATS Waypoint, Inc.

Ascent Acquires Mango Solutions

November 19, 2020

Data & Analytics

Ascent, a Horizon Capital-backed UK software strategy and development firm, has acquired Mango Solutions, one of the UK’s largest data science consulting firms. The undisclosed deal adds about 65 employees and approximately £5M in annual revenue to Ascent and is an add-on to its existing platform business.