Everstone Capital Acquires Majority Stake in Wingify (VWO)

Warburg Pincus Invests in Everise; Everstone Exits as Brookfield Remains Partner

October 3, 2023

Healthcare Services

Warburg Pincus has agreed to invest in Everise, joining existing investor Brookfield Business Partners and valuing the company at around $1 billion. Everstone Group will exit its investment; the capital will support Everise’s continued growth, expansions and M&A initiatives. The company is headquartered in the United States and employs over 19,000 people across eight markets.

Wavestone Acquires NewVantage Partners

January 25, 2022

Data & Analytics

Wavestone, the Paris-based IT and management consultancy, acquired data strategy firm NewVantage Partners in December 2021 to strengthen its data, AI and analytics advisory capabilities. The acquisition brings NewVantage's data strategy, governance and management expertise into Wavestone's broader digital transformation and IT advisory portfolio, expanding capabilities for enterprise clients.

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.

Pearl Street Equity Acquires Webonise US

April 27, 2022

IT Services

Pearl Street Equity LLC, a New York-based single-family office, has acquired Webonise US, LLC, a global technology product development and services firm. The acquisition will support Webonise's continued expansion of its SaaS and product development offerings (including Olympus Fintech) and accelerate growth and capability development across its RPA, cybersecurity, data science and digital services.

Equistone Acquires Majority Stake in Virgin Experience Days from Inflexion

July 5, 2022

E-Commerce

Equistone Partners Europe has acquired a majority stake in Virgin Experience Days from Inflexion Private Equity; financial terms were not disclosed. Inflexion will retain a minority stake and the management team will reinvest; Equistone plans to support platform development and accelerate the company’s roll-out in the US.

NPM Capital Acquires Futurewhiz from Levine Leichtman Capital Partners

December 24, 2020

Education

NPM Capital has acquired a majority stake in Futurewhiz, the parent company of Squla, WRTS and Scoyo, from Levine Leichtman Capital Partners. The Amsterdam-based education technology group (about 70 employees) operates online learning platforms across the Netherlands, Germany and Poland; NPM says the investment will support Futurewhiz's domestic and international growth ambitions.