bswift LLC Acquires Davis & Company

Francisco Partners to Acquire bswift from CVS Health

October 3, 2022

Cloud & SaaS

Francisco Partners has signed a definitive agreement to acquire bswift, a provider of cloud-based benefits technology and services, from CVS Health. bswift offers enrollment, decision-support and benefits administration software and will continue partnering with CVS Health and Aetna; the transaction is a carve-out expected to close subject to customary conditions.

bswift Acquires Evive Health

November 15, 2024

Healthcare Services

bswift LLC has acquired Evive Health, LLC and integrated its data-driven personalized engagement platform into bswift’s benefits administration suite. The acquisition brings Evive’s predictive analytics and behavioral-science-driven communications capabilities to bswift’s cloud-based benefits technology to boost member engagement and improve health outcomes for employer and health-plan clients.

Dropbox Acquires FormSwift

December 15, 2022

Cloud & SaaS

Dropbox, Inc. acquired FormSwift, a cloud-based forms and document template provider, for $95 million in cash. The deal (closed December 15, 2022) expands Dropbox's document workflows and agreement-capabilities by integrating FormSwift's template library and self-serve form tools for small businesses and freelancers.

Dye & Durham Acquires Stanley Davis Group Limited

June 29, 2020

Cloud & SaaS

Toronto-based Dye & Durham acquired 100% of UK-based Stanley Davis Group Limited, a provider of cloud-based e-service software for company formations, corporate searches and regulatory/KYC/AML capabilities. The acquisition expands Dye & Durham's product capabilities and deepens its presence in the UK and Irish markets.

BTS Group AB Acquires Bates Communications

January 4, 2021

Professional Services

BTS Group AB has agreed to acquire Bates Communications Inc., a Boston-based executive coaching and corporate communications firm, to strengthen BTS's executive and team development offerings and establish a stronger presence in the US Northeast. Bates reported revenues above $7 million in 2020 and about 23 employees; the deal includes cash consideration, newly issued BTS shares and contingent earnouts.

Scopes Facility Services Acquires Davis Landscaping Group

December 7, 2021

Environmental Services

Scopes Facility Services, a Westbridge Capital portfolio company, has acquired Atlanta-based Davis Landscaping Group. Davis provides commercial landscaping installation and maintenance to multi-family properties, HOAs and commercial clients (representing over 170 properties and 20,000+ units); financing for the transaction was provided by Westbridge Capital Partners Income Trust and Davis' CEO/owner Jay Stephens will remain in a strategic client role.