Ridgeview Partners and The Baupost Group Invest in PayRange

PayRange Acquires KioSoft Technologies

December 1, 2025

Payments & Fintech

PayRange LLC has acquired KioSoft Technologies, a global provider of cashless payment and IoT solutions, to accelerate the digital transformation of unattended retail. KioSoft will operate under the PayRange brand, with KioSoft President Charles Lee joining as Vice Chairman and retaining a significant ownership stake; terms were not disclosed.

PayRange Acquires Turns to Build Leading Laundromat Technology Platform

February 19, 2025

Cloud & SaaS

PayRange, a Portland-based provider of mobile payment and IoT solutions for unattended retail, has acquired Turns, a Lewes, Delaware-based all-in-one laundromat operating system. The acquisition integrates Turns' business management, pickup & delivery, POS and analytics capabilities into PayRange's machine payment platform to create a unified, end-to-end SaaS platform for laundromats across the U.S.

Bregal Sagemount Invests in PayArc

April 12, 2022

Payments & Fintech

Bregal Sagemount has made a strategic growth investment in PayArc, a Greenwich-based payments technology company, to help expand PayArc's product suite, sales and marketing efforts, and geographic reach. As part of the financing, Bregal Sagemount will join PayArc's board and provide capital and operational support to accelerate the company's strategic growth and pursue targeted acquisitions.

Great Hill Partners Acquires VersaPay Corporation

February 21, 2020

Payments & Fintech

Great Hill Partners, a Boston-based private equity firm, completed the acquisition of VersaPay Corporation by way of a statutory plan of arrangement, valuing VersaPay at approximately C$126 million (C$2.70 per share). The deal takes VersaPay private and positions the SaaS accounts-receivable and B2B payments platform to invest in product development and accelerate global expansion under Great Hill's ownership.

Providence Strategic Growth Invests in Wagepoint

September 9, 2020

Cloud & SaaS

Wagepoint has completed a majority recapitalization and strategic growth investment led by funds advised by Providence Strategic Growth (PSG), receiving more than $10 million of new capital. The investment will fund product innovation, scale go-to-market and customer support, and enable Wagepoint to pursue strategic acquisitions as it serves over 12,000 small-business customers across North America.

Ridgeview Partners Makes Strategic Growth Investment in Radiant Logic

April 9, 2025

Cybersecurity

Ridgeview Partners has made a strategic growth investment in Radiant Logic, joining existing investor TA Associates to support the company's global expansion and product innovation in Identity Security Posture Management (ISPM). The investment will help Radiant Logic accelerate development of its RadiantOne AI platform and expand commercial and government deployments; Ridgeview partners and TA will join the company's board.