Symphony Technology Group Makes Growth Investment in Accelerated Technology Laboratories (ATL)

Confience Acquires Computing Solutions, Inc. (LabSoft LIMS)

June 14, 2024

Software

Confience, a recently formed laboratory informatics platform backed by Symphony Technology Group (STG), has acquired Computing Solutions, Inc., the provider of the LabSoft LIMS product. The add-on strengthens Confience’s LIMS capabilities and expands its presence in chemical and food & beverage laboratory markets, with continued financial support from STG.

Symphony Technology Group (STG) Acquires Avid Technology

November 7, 2023

Software

An affiliate of Symphony Technology Group (STG) completed an all-cash acquisition of Avid Technology for approximately $1.4 billion, taking the media and entertainment software company private. Avid stockholders received $27.05 per share; Avid will remain headquartered in Burlington, Massachusetts, and STG said it will support accelerated innovation and growth.

Symphony Technology Group Makes Majority Investment in CAI Software

December 21, 2021

Software

Symphony Technology Group (STG) completed a majority investment recapitalization of CAI Software, LLC, a provider of ERP, MES and WMS software and related services. Main Street Capital Corporation exited its debt and equity investments as part of the recapitalization and realized a gain while receiving a minority equity stake in the acquirer.

Symphony Technology Group Makes Majority Investment in Celtra

November 10, 2021

Cloud & SaaS

Symphony Technology Group (STG) has signed a definitive agreement to make a majority investment in Celtra Technologies, a creative automation SaaS provider. The investment will back Celtra’s growth plans — expanding its platform from media and adtech into brands and agencies — while partnering with Celtra’s founders and 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 Growth Equity Investment in RedSeal

April 10, 2019

Cybersecurity

Symphony Technology Group (STG) has made a growth equity investment in RedSeal, a provider of cyber risk modeling software for hybrid environments, to support the company’s product and market expansion. The investment will fund accelerated growth and scaling of RedSeal’s platform, which is used by Global 2000 companies and government agencies; terms were not disclosed.