SBI and Company Acquires Certain Assets of Xcelerate Corp

Xcelerate Solutions Acquires clearAvenue

October 7, 2025

IT Services

Xcelerate Solutions, a portfolio company of McNally Capital, has acquired clearAvenue, a Columbia, Maryland-based provider of software development, AI/ML, big data analytics and cloud services for federal agencies. The acquisition expands Xcelerate's technical capabilities and the combined business will operate as Xcelerate Solutions, with the combined organization representing roughly 1,500 technology professionals.

Concentrix Acquires SAI Digital

September 3, 2025

IT Services

Concentrix Corporation has acquired SAI Digital, an end-to-end digital commerce and customer experience technology solutions provider, to strengthen its digital, AI and e-commerce capabilities across the Asia Pacific region. The deal brings SAI Digital's delivery center in Vietnam and regional expertise (notably serving Japan, Korea and Singapore) into Concentrix's APAC operations; terms were not disclosed.

SaaS Opportunity Capital Acquires Celera Systems

June 5, 2025

Software

Midwest-based private equity firm SaaS Opportunity Capital (SOC) has acquired Celera Systems, a Milwaukee-based provider of workflow and order/fulfillment software used by large financial services firms. SOC intends to expand Celera's platform beyond its historical bundled distribution model with Toppan Merrill, accelerate integrations (CRM, DAM), add AI capabilities, and bring the solution to a broader set of financial services and regulated-enterprise customers.

Axcel (Alpine Investors) Acquires Accelebrate to Expand IT Training Portfolio

January 17, 2023

Education

Axcel, the Alpine Investors‑backed professional education platform, has acquired Accelebrate, an Atlanta‑based IT training company, and will integrate it with its IT training business Web Age Solutions. Accelebrate founder Steve Heckler will remain involved as an advisor while Accelebrate works with Tim Toomey, CEO of Web Age, to scale instructor‑led on‑site and online training for financial services, government, and technology clients.

McNally Capital and Nio Advisors Invest in Xcelerate Solutions

January 12, 2023

Aerospace & Defense

McNally Capital, alongside partner Nio Advisors, completed a platform investment in Xcelerate Solutions, a McLean, Virginia–based national security and defense advisory firm that provides enterprise security, digital transformation, and strategic consulting services. The transaction establishes Xcelerate as a platform for growth—with management remaining in place—and McNally plans to pursue M&A and capability expansion to support the company's target to grow to a $500M firm.

Brightstar Capital Partners Acquires Majority Stake in XLerate Group

September 28, 2021

Transportation

Brightstar Capital Partners acquired a majority stake in XLerate Group from Huron Capital, with XLerate's senior management and Huron Capital retaining minority equity. XLerate, based in Carmel, Indiana, operates fixed-site, mobile and digital used-vehicle auctions across a multi-state footprint and will pursue further growth and technology investment under Brightstar's ownership.