Symphony Technology Group Acquires Warpwire

Symphony Technology Group Completes Recapitalization of Wrike

July 7, 2023

Cloud & SaaS

Symphony Technology Group (STG) completed a recapitalization to acquire full ownership of Wrike from Vista Equity Partners and Elliott Investment Management. As part of the ownership transition, Wrike founder Andrew Filev transitions to Board Advisor and Chief Financial Officer Thomas Scott becomes Interim CEO as the company continues to scale its SaaS work management platform.

Symphony Technology Group Acquires SAI360 from BPEA EQT

December 14, 2022

Cloud & SaaS

Symphony Technology Group (STG) has entered into and completed a definitive agreement to acquire SAI360, a Chicago‑headquartered cloud risk management and compliance SaaS provider, from BPEA EQT (BPEA Fund VI). The acquisition (terms not disclosed) is intended to accelerate SAI360's product innovation and growth while expanding STG's portfolio in software, data and analytics. The transaction was subject to customary regulatory approvals and closed in 2023 (expected/announced Q2 2023 in press releases).

Symphony Technology Group Acquires Majority Stake in CAI Software

December 13, 2021

Software

Symphony Technology Group (STG) has made a majority investment in CAI Software, a Rhode Island–based provider of ERP, MES, WMS, EDI and production-oriented software for manufacturing and distribution. STG said the investment will accelerate CAI's product innovation and growth through organic investments and M&A while partnering with CAI's existing owners and management team.

Symphony Technology Group Acquires CommPartners

March 23, 2021

Cloud & SaaS

Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired CommPartners, a Columbia, Maryland-based SaaS learning management system (LMS) and virtual events provider serving the association market. The deal is STG's fourth investment into its integrated learning and events platform (following CadmiumCD, EthosCE, and Warpwire) and will fold CommPartners into a new unified education and events platform to expand capabilities for continuing education, virtual/hybrid events and content management.

Symphony Technology Group Acquires EthosCE

July 28, 2020

Software

Symphony Technology Group (STG) has acquired EthosCE, a Philadelphia-based healthcare learning management system (LMS), as an add-on to STG's CadmiumCD platform. The deal expands STG's purpose-built software platform for associations, healthcare and life sciences organizations by adding sophisticated LMS capabilities to CadmiumCD's event and content management offerings.

Symphony Technology Group Makes Majority Investment in CadmiumCD

February 6, 2020

Software

Palo Alto-based private equity firm Symphony Technology Group (STG) has made a majority investment in CadmiumCD, an event management software company headquartered in Forest Hill, Maryland. The investment will support CadmiumCD's product development and expansion into association and corporate event markets while founders Michelle and Peter Wyatt remain in executive roles.