Siris Makes Significant Strategic Investment in Gigamon

TPG Growth Makes Majority Strategic Investment in Sayari

January 16, 2024

Data & Analytics

TPG Growth, the middle market and growth equity platform of TPG, has completed a strategic majority investment in Sayari to support the company's global expansion, product development, and M&A initiatives. The upsized financing (reported as $228M–$235M across announcements) leaves Sayari's founders, employees, and existing investors with a significant stake and provides capital to accelerate Sayari's supply chain risk and counterparty intelligence offerings.

Orion Innovation Acquires Sryas in Strategic Combination

February 21, 2023

IT Services

Orion Innovation, a portfolio company of One Equity Partners, has entered into a strategic combination with Sryas, a global technology firm specializing in data management, analytics and application services. The deal adds more than 550 Sryas associates and the Analance analytics platform to Orion, strengthening Orion's telecommunications capabilities and nearshore footprint (notably in Canada).

Hg Makes c.$1bn Strategic Investment in insightsoftware

July 13, 2021

Cloud & SaaS

Hg’s Saturn 2 Fund will make a c.$1bn equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates, in a transaction valuing the business at an enterprise value of around $4.0bn. The investment will support insightsoftware’s continued scale as a cloud financial reporting and EPM platform, with existing minority shareholders Genstar and ST6 remaining supportive and TA and Hg sharing joint control.

Sverica Capital Management Invests in Gryphon Networks

November 12, 2019

Cloud & SaaS

Sverica Capital Management has made a strategic growth investment in Gryphon Networks, a Boston-based provider of sales performance management and compliance SaaS. The investment will help Gryphon accelerate product development and expand its sales performance management functionality to meet increasing customer demand.

Siris Acquires BearCom from Bertram Capital

November 27, 2023

Telecommunications

Siris, a New York-based private equity firm, has agreed to acquire BearCom, a North American provider and integrator of wireless voice, video and data solutions, from Bertram Capital. The transaction is supported by financing from MCCP (led the financing) and private-credit provider Bow River Capital; Siris plans to invest to expand BearCom's video security, private mobile networks and DAS capabilities to accelerate organic and inorganic growth.

SMART Global Holdings Acquires Stratus Technologies from Siris Capital

June 29, 2022

IT Services

SMART Global Holdings, Inc. (SGH) has acquired Stratus Technologies from affiliates of Siris Capital Group for $225 million in cash plus an earn-out of up to $50 million based on post-close gross profit performance. Stratus will operate within SGH's Intelligent Platform Solutions group, with Dave Laurello continuing to lead the business and support SGH's expansion of high-availability Edge, Core, and Cloud computing offerings.