Versus Systems Acquires Xcite Interactive

Xcite Automotive Acquires Pinnacle Automotive

April 18, 2024

Automotive

Xcite Automotive has acquired Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms, to expand its reconditioning, merchandising and inventory workflow capabilities. The Pinnacle assets will be integrated into Xcite's ReconLogic and Frontline platforms; Camden Partners (a Baltimore-based private equity firm) also joined Xcite's board as part of the announcement.

Epiq Solutions (Veritas Vantage Fund) Acquires Xiphos Systems

January 12, 2023

Aerospace & Defense

Epiq Solutions, a portfolio company of The Veritas Capital Vantage Fund, completed the acquisition of Montreal-based Xiphos Systems Corporation, a provider of high-performance, space-focused embedded computing solutions. Xiphos will join the Epiq platform and continue to operate under its current leadership in Montreal as the combined businesses expand Epiq’s low-power, open-architecture processing capabilities into space and other mission-critical environments; financial terms were not disclosed.

Magnite Acquires SpotX From RTL Group for $1.17 Billion

February 5, 2021

Media & Entertainment

Magnite has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. The deal will combine the two companies to create a large independent CTV and video advertising platform, aiming to improve scale, efficiency, and support for buyers and sellers.

Xcite Automotive Acquires CarsByText.com

June 22, 2022

Software

Xcite Automotive has acquired Buffalo-based CarsByText.com, a text-based automation platform for dealership operations and marketing. The acquisition brings CarsByText founder Raj Suchak into Xcite as Chief Technology Officer and adds text-first automation capabilities to Xcite's dealer-focused software and services.

Veeva Systems Acquires Crossix Solutions for $430 Million

November 1, 2019

Data & Analytics

Veeva Systems acquired Crossix Solutions for $430 million in a transaction announced September 26, 2019 and closed November 1, 2019. Crossix — a privacy-safe patient data and analytics provider headquartered in New York City — will operate as an independent business unit within Veeva, with Crossix CEO Asaf Evenhaim continuing to lead; certain Crossix employees received long-term equity retention grants valued at about $120 million.

Xplor Technologies and Clubessential Holdings to Merge, Creating a Scaled Global Software and Payments Platform

September 16, 2025

Cloud & SaaS

Xplor Technologies and Clubessential Holdings entered into a definitive agreement to combine their businesses in a merger creating a scaled global platform for software and embedded payments. The combined organization is expected to be majority-backed by Advent International, with Battery Ventures and Silver Lake continuing as significant minority investors, and is expected to close by year-end subject to regulatory approval.