Tributary Group Makes Strategic Investment in Softworks Group

Long Ridge Equity Partners and CBC Companies Lead Minority Growth Investment in SoftWorks AI

August 10, 2021

Financial Services

SoftWorks AI, provider of the Trapeze mortgage document-processing and intelligent automation platform, closed a minority growth round led by Long Ridge Equity Partners with participation from CBC Companies. The investment will fund product and technology expansion to accelerate adoption across the mortgage lifecycle and other document-intensive segments of financial services.

Abacus Group Acquires Tribeca Technology Group

June 18, 2024

IT Services

Abacus Group, a global managed IT and cybersecurity provider for financial services, has acquired UK-based Tribeca Technology Group to strengthen its presence in the United Kingdom and expand capabilities in the financial MSP market. The deal will allow Abacus to extend its abacusFlex platform and cybersecurity services to Tribeca clients while scaling resources and maintaining continuity of service for existing customers.

gWorks Acquires Softline Data and PubWorks

December 16, 2022

Software

gWorks, a GovTech software provider backed by BV Investment Partners, acquired Softline Data and PubWorks to expand its suite of local government software solutions and broaden geographic coverage. The acquisitions combine utility billing, meter reading, public alert, work and operations management, and fleet maintenance capabilities under the gWorks brand to better serve small and medium-sized local governments across the United States.

Gryphon Investors Makes Majority Investment in HRSoft

March 3, 2026

Software

Gryphon Investors completed a majority investment in HRSoft, an enterprise compensation management software provider headquartered in Denver. Existing investor Bow River Capital will retain a minority stake, and HRSoft’s executive team will continue to manage the business. The deal is intended to accelerate product innovation, expand vertical capabilities (notably in financial services), and grow AI-enabled functionality across the HRSoft platform.

Bow River Capital Makes Majority Recapitalization Investment in HRSoft

September 13, 2022

Cloud & SaaS

Bow River Capital's Software Growth Equity team has made a majority-controlled recapitalization investment in HRSoft to accelerate the build-out of its full HCM application suite, scale operational infrastructure, and support profitable growth. As part of the transaction, Bow River fund managers John Raeder, Maitlan Cramer, and Sean O'Connell joined HRSoft's board; CIBC Innovation Banking provided debt financing and JMP Securities served as exclusive financial advisor to HRSoft.

FROM Acquires Algoworks

September 7, 2023

IT Services

FROM, a New York-based digital transformation and design agency, has completed its acquisition of Algoworks, a Noida-based software product engineering and Salesforce implementation provider. The deal, executed after FROM partnered with Miami-based private investment firm Trivest Partners, expands FROM's engineering capacity (access to Algoworks' large engineering team) and adds Salesforce and product engineering capabilities to its service offering.