Ping Identity Acquires Symphonic Software

Accel-KKR Acquires Majority Stake in Symfonia from MidEuropa

June 29, 2023

Software

Accel-KKR has signed a growth buyout to acquire a majority stake in Symfonia, the Polish provider of accounting, payroll and ERP software. MidEuropa will retain a significant minority stake; the investment is intended to accelerate Symfonia's organic growth, cloud transition and M&A expansion across Central and Eastern Europe.

Symphonize Acquires NewFoundry

June 29, 2023

Software

Symphonize, Inc. acquired Ann Arbor-based custom software development firm NewFoundry in a transaction that closed on June 29, 2023. The acquisition expands Symphonize’s service capabilities and global footprint, adding development capacity and industry expertise (including enterprise software, healthcare, and automotive) to its end-to-end digital engineering offering.

NewSpring Growth and Ballast Point Ventures Invest in Symphonic

January 4, 2022

Media & Entertainment

NewSpring Growth, the growth strategy of NewSpring, invested in Symphonic in partnership with Ballast Point Ventures as a growth capital round to support the music-technology distributor's platform and international expansion. Symphonic, founded in 2006 and headquartered in Tampa, Florida, provides digital music and video distribution, royalty collection and marketing services to artists and independent labels and will use the investment to scale its technology and global footprint.

Symphony Acquires Cloud9 Technologies

June 24, 2021

Cloud & SaaS

Symphony has acquired Cloud9 Technologies, a cloud-based trader voice and electronic communication provider, to integrate voice, NLP and automation capabilities into its secure financial communications platform. The acquisition will expand Symphony's front-office communications offering, accelerate trade flows, and enable enhanced voice analytics and transcription for financial markets users.

Ping Identity Acquires SecuredTouch

June 21, 2021

Cybersecurity

Ping Identity Holding Corp. has acquired SecuredTouch, a Tel Aviv-based leader in behavioral-biometrics fraud and bot detection, to strengthen Ping's identity fraud detection and mitigation capabilities. SecuredTouch's technology will be integrated into the PingOne Cloud Platform to provide advanced signals and step-up authentication to reduce fraud and improve customer experience.

Symphony Acquires StreetLinx

August 2, 2021

Software

Symphony, the secure markets infrastructure and communication platform, has acquired StreetLinx, a counterparty mapping and verified identity directory for financial services. The deal adds more than 200 institutional counterparties to Symphony's directory and aims to expand Symphony's identity and directory capabilities across buy-side and sell-side firms.