StorMagic Acquires SoleraTec Technology

BuildTec Software Group Acquires SORBA EDV AG

August 26, 2024

Software

BuildTec Software Group, a European construction-software platform backed by funds advised by BU Bregal Unternehmerkapital (and supported by VIA Equity), has acquired SORBA EDV AG, a St. Gallen–based provider of modular construction ERP software. The deal adds SORBA’s roughly 80+ employees and more than 2,500 Swiss construction customers to the BuildTec platform and is intended to accelerate growth and cross-border expansion in Switzerland and the wider DACH region.

Bridges Fund Management Acquires Majority Stake in Storetec

November 9, 2022

Professional Services

Bridges Fund Management has acquired a majority stake in Storetec, a Hull-based document digitisation, archive storage and cloud document management provider. The investment from Bridges' Sustainable Growth Funds will support Storetec's product and service expansion, strengthen its impact and ESG practices, and accelerate growth across the U.K. and into new markets.

Solotech Acquires XR Studios

December 17, 2021

Media & Entertainment

Solotech, a global audiovisual and entertainment technology company, has acquired XR Studios, a Los Angeles–based extended reality and virtual production agency. XR Studios will continue to operate as a separate brand and join Solotech's new Media and Entertainment Technology (MET) Division to expand Solotech's virtual production, XR and live-streaming capabilities. The deal is supported by Solotech's shareholders Claridge, Desjardins Capital and Investissement Québec.

Arcserve Acquires StorageCraft (Merger Completed)

March 17, 2021

Cybersecurity

Arcserve announced regulatory approval and completion of its merger with StorageCraft, creating a combined global data management and protection vendor. The merger expands Arcserve's product portfolio and global reach to provide integrated backup, disaster recovery, and ransomware protection solutions to channel partners and customers.

StorMagic Acquires KeyNexus

April 7, 2020

Cybersecurity

StorMagic acquired KeyNexus, a Victoria, British Columbia–based developer of encryption key management solutions, and integrated its technology into StorMagic’s newly launched SvKMS key management product. The acquisition broadens StorMagic’s portfolio from edge storage into security, doubling its addressable market and bringing KeyNexus founder Jeff MacMillan into StorMagic as CTO.

IT Lab Acquires Sol-Tec

March 13, 2020

IT Services

IT Lab, an ECI Partners portfolio company, has acquired Sol-Tec, a UK-based Microsoft Azure specialist. The undisclosed transaction strengthens IT Lab's Azure capability and further builds its Microsoft-focused cloud services and managed services offering.