Steel Knight Capital Partners acquires TradeRunner

United Fintech Acquires Trade Ledger

November 5, 2025

Cloud & SaaS

United Fintech, a London-based digital transformation group for financial institutions, has acquired 100% of Trade Ledger, an AI-native lending platform, in an all-share transaction. Trade Ledger will retain its leadership and brand while becoming part of United Fintech’s Commercial Banking division to accelerate AI-driven lending and commercial banking automation.

TA Associates Acquires smartTrade Technologies; Hg and Keensight Exit

April 3, 2025

Payments & Fintech

TA Associates has completed a strategic investment to acquire the stake in smartTrade Technologies, with CEO David Vincent and the management team investing alongside TA. Keensight Capital has sold its entire stake and Hg has fully exited its majority investment; TA's backing will support product innovation (including AI), geographic expansion and continued SaaS growth.

AutoScout24 Acquires TRADER Corporation from Thoma Bravo

August 16, 2024

E-Commerce

AutoScout24 has signed an agreement to acquire TRADER Corporation (TRADER Canada) from Thoma Bravo, with funds affiliated with existing majority shareholder Hellman & Friedman making an incremental equity investment in AutoScout24. The acquisition expands AutoScout24's presence into Canada and adds TRADER's leading marketplaces (AutoTrader.ca, AutoHebdo.net), dealer software (AutoSync), lender portal (DealerTrack) and collateral management services to its product set.

JMI Equity Leads $85M Growth Investment in ServiceTrade

December 6, 2021

Cloud & SaaS

ServiceTrade, a Durham-based SaaS provider for commercial service contractors, received an $85 million growth investment led by JMI Equity with participation from existing investors Frontier Growth and Bull City Venture Partners. The capital will accelerate product innovation and support ServiceTrade’s growth as it serves more than 800 contractor customers and the technicians who manage critical fire, mechanical, and electrical systems.

L Squared Capital Partners Acquires Sterling Trading Tech

September 8, 2021

Cloud & SaaS

L Squared Capital Partners acquired Chicago-based Sterling Trading Tech from LLR Partners and other investors, with Sterling’s management participating in the transaction. The deal positions L Squared to invest in product development, sales expansion and strategic add-on acquisitions to broaden STT’s trading platform, OMS and risk product suite across additional asset classes and geographies.

Union Partners I LLC Acquires Contractors Steel Company

May 25, 2018

Industrial Services

Union Partners I LLC has acquired Contractors Steel Company, a Livonia, Michigan-based carbon steel service center with multiple Midwest locations. The acquisition brings Contractors Steel into Union Partners' family of metals and logistics companies to expand capabilities and continue the company's legacy under new leadership.