Private Equity-Backed Cloud & SaaS Acquisitions

Docupace, an AI-enabled back-office and compliance software provider backed by Genstar Capital, has acquired InvestEdge, the maker of the ComplianceEdge regulatory compliance platform for bank trust departments, broker-dealers, and RIAs. The deal expands Docupace's compliance and surveillance capabilities, creates a unified data fabric to support AI-driven supervision across onboarding and monitoring workflows, and coincides with the appointment of Brian Filanowski as Docupace CEO.

iAltA Holdings, a WestCap-backed private markets infrastructure holding company, has acquired Delio, a UK-based provider of a white-label private markets operating system. The deal expands iAltA's suite of private markets solutions by adding Delio's configurable, low-code Core OS and its distribution and reporting capabilities for asset managers and wealth firms.

Stay22, a Montreal-based creator and travel monetization platform, raised a $122 million minority growth investment from Summit Partners to fund international expansion, product innovation and new vertical development. Summit Partners partners Colin Mistele and Daniel Kim joined Stay22's board as part of the transaction.

CUBE, a Hg-backed provider of Automated Regulatory Intelligence and Regulatory Change Management solutions, has acquired Silicon Valley-based RegTech 4CRisk.ai. The acquisition integrates 4CRisk's agentic AI compliance mapping technology into CUBE's RegPlatform to expand capabilities across corporate regulatory domains such as cyber, AI, privacy, labor and ESG. Financial terms were not disclosed.

Exa Capital, a private equity firm following a permanent hold strategy, has acquired Flow Software, an Auckland-based integration-as-a-service provider serving businesses across Australia and New Zealand. Flow will continue operating independently under Exa’s decentralized model as Exa deepens its presence in the ANZ region.

Exa Capital has acquired StaffReady, a cloud-native SaaS platform for clinical workforce management used by hospitals, laboratories, pharmacies and other healthcare organizations. StaffReady will continue to operate independently under its existing leadership while leveraging Exa Capital's strategic and operational resources to support product innovation and long-term growth. The deal expands Exa Capital's presence in healthcare technology and the clinical workforce management segment.

Bain Capital has provided A$46 million in growth capital to Fluent Commerce to accelerate the company's AI-powered capabilities, support rollout of its Fluent Connect integration platform, and fund international expansion. The funding will be used to deepen AI functionality in Fluent Order Management, speed customer acquisition, and support global scaling.

Accela, a provider of cloud software for local and state governments, has acquired Novotx, a GIS-native infrastructure asset and work management software provider. The acquisition expands Accela's Civic Platform to support the full lifecycle of public infrastructure — from planning and permitting through operations, maintenance, and long‑term asset stewardship — and will integrate Novotx's GIS-native capabilities for asset, work order, and field operations management.

Masabi, a global provider of enterprise SaaS fare collection, has acquired UK-based Passenger Technology Group Ltd., a developer of passenger information, white-label mobile apps and ticketing solutions. The deal will combine Masabi’s Justride fare collection and payments platform with Passenger’s customer information and UX capabilities to create a more connected, cloud-native end-to-end mobility offering; financial terms were not disclosed.

Banyan Software announced that Risk360 has joined its portfolio and will be combined with SoftSmiths to form a new energy software company called ennrgy. The move brings together Risk360’s forecasting, pricing, scheduling and settlements capabilities with SoftSmiths’ energy platform to deliver AI-driven decision intelligence to U.S. retail energy providers.

Gemspring Capital has acquired both FORM and Trax Retail and is merging the two companies to create a combined global provider of retail execution, image recognition, and shelf-level insights. The merged company will integrate Trax's AI-powered image recognition with FORM's GoSpotCheck and FORM OpX products to expand capabilities, accelerate innovation, and broaden geographic reach for CPG and retail customers.

Thoma Bravo has completed its acquisition of Dayforce, Inc., a global AI-powered human capital management (HCM) platform, for approximately $12.3 billion. Dayforce stockholders will receive $70.00 per share in cash as the company becomes a private portfolio company to accelerate growth and AI-led product development.

Conga, a Thoma Bravo portfolio company, has completed the acquisition of the B2B business of PROS Holdings, Inc. The deal brings PROS' AI-driven pricing and revenue optimization capabilities together with Conga's CPQ, CLM and document automation offerings to create an end-to-end revenue orchestration platform.

Francisco Partners completed a take-private acquisition of Jamf for $13.05 per share in cash, valuing the Apple device management and security company at an enterprise value of approximately $2.2 billion. The deal, approved by Jamf stockholders, will delist Jamf from NASDAQ and positions the company to accelerate its product roadmap and expand its offerings under private ownership.

N. Harris Computer Corporation, an operating group of Constellation Software Inc., has acquired GlobalMeet, an enterprise webcasting and virtual events platform, from Phoenix-based investor Pivotal Group. The transaction, which closed December 2, 2025, expands Harris's secure, large-scale virtual event and enterprise communications capabilities and positions GlobalMeet for long-term growth under Constellation's vertical-software operating model.

Natus Sensory has acquired Keriton, a U.S.-based provider of cloud-based neonatal and pediatric feeding management software. The acquisition integrates Keriton's feeding safety and workflow platform into Natus Sensory's newborn care portfolio to expand connected care capabilities and accelerate adoption across hospitals and NICUs worldwide.

Solen Software Group has acquired Cairn Applications Inc., a 2008-founded provider of cloud SaaS for the waste hauling industry; the transaction closed in December 2025. Cairn (founder James Moser) supports 350+ customers, manages over 65,000 dumpsters and facilitates nearly $150 million in annual commerce; it will continue operating autonomously under Solen's permanent-capital ownership.

Balena, an IoT fleet management and edge computing platform, has secured a strategic growth investment from LoneTree Capital to accelerate its product roadmap, expand Edge AI capabilities, and bolster security and compliance features. Financial terms were not disclosed; Lincoln International served as Balena's financial advisor.

Helium Ventures, an AI-native holding company, has acquired InsurGrid, a SaaS insurance data platform used by more than 2,500 property & casualty agents to collect and verify policy information. Helium says it will invest in product development and team expansion to accelerate InsurGrid's growth and deepen integrations and AI-driven capabilities.

Datarails raised $70 million in a Series C round led by growth equity firm One Peak, with participation from Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech. The funding will be used to accelerate geographic expansion across North America and EMEA, invest in R&D (including AI capabilities for finance teams), and potentially pursue acquisitions.

Lead Edge Capital has acquired ClearGov and merged it with its existing portfolio company Gravity to create a unified, end-to-end modern finance platform for local governments, school districts, and state agencies. The combined business will operate under the ClearGov brand, with Tyler Davey (former Gravity CEO) leading the organization and ClearGov co-founders remaining in leadership roles.

Diligent, the AI-first governance, risk and compliance (GRC) SaaS provider, has acquired 3rdRisk, an AI-native third-party/vendor risk management platform based in the Netherlands. The deal integrates 3rdRisk's AI-driven vendor profiling and assessment capabilities into Diligent's platform to expand its third-party risk management offering and accelerate customers' audit-readiness.

On January 15, 2026, private equity firm Accel-KKR acquired Nutrislice, a Broomfield, Colorado–based provider of digital menus, ordering, and signage solutions for restaurants. Financial terms were not disclosed; the deal gives Accel-KKR a foothold in the food‑tech / restaurant software market and provides Nutrislice with capital and operational support to accelerate growth.

Dealerware, a cloud-native fleet management and mobility SaaS platform for automotive OEMs and retailers, has been acquired by a group of growth investors led by Wavecrest Growth Partners and Radian Capital, with participation from Automotive Ventures and automotive executives David Metter and Devin Daly. The investment will accelerate Dealerware's product-development roadmap and expand its suite of mobility and fleet-management solutions; financial terms were not disclosed.

Sign In Solutions has acquired The Receptionist, a Denver-based visitor management provider with more than 5,500 customers across 35 countries. The undisclosed-term deal is an add-on to Sign In Solutions' PE-backed platform (formed with backing from PSG Equity) to integrate The Receptionist's service model and expand visitor management, GRC and workplace security capabilities.

NetDocuments has completed its acquisition of the eDOCS document management business from OpenText, including the eDOCS product portfolio and its dedicated team. The deal brings the eDOCS platform and customer community under NetDocuments, expanding its global footprint and allowing continued on‑premises support while offering a path to cloud modernization and migration tools.

ProductPlan has acquired Winware.ai, an AI-native customer and market research platform, to add agentic and generative AI–powered decision intelligence to its product management and roadmapping software. As part of the deal, Winware founder Steven Cohn was named CEO of ProductPlan; Winware's capabilities will be integrated into ProductPlan's new "Product Intelligence Platform" with broader access planned for April 2026.

iAltA Holdings, a WestCap‑backed private markets infrastructure company, has acquired BridgeFT, a cloud‑native, API‑first wealth infrastructure software provider. The acquisition brings BridgeFT’s data aggregation and analytics capabilities into iAltA’s platform to broaden its wealth data and intelligence infrastructure for financial institutions, fintechs, and RIAs.

Majesco has closed its acquisition of Vitech, adding cloud-native pension and benefits administration capabilities to its AI- and cloud-native insurance platform. The transaction also included a minority investment in Majesco by CVC Capital Partners to support Majesco's continued expansion and AI roadmap.

Flexera has acquired ProsperOps and Chaos Genius to expand its FinOps platform with AI-driven and agentic cost-optimization capabilities across public cloud and data cloud environments. The deals add autonomous rate and data-cloud optimization for AWS, Azure, Google Cloud, Snowflake and Databricks, strengthening Flexera's FinOps for AI and Data Clouds roadmap.

FleetGO Group, backed by Main Capital Partners, has acquired Ireland-based DreamTec Systems to accelerate its expansion into the UK and Ireland. DreamTec provides telematics and fleet management solutions with a focus on fuel- and food-market-specific applications, enhancing FleetGO's industry capabilities and regional footprint.

Title21 Health Solutions, an ArchiMed portfolio company, has acquired Belgium-based MyCellHub to integrate a cloud-based Manufacturing Execution System (MES) into its life-sciences quality management and orchestration platform. The add-on expands Title21's end-to-end offering for cell and gene therapy manufacturing, strengthens compliance and real-time production monitoring capabilities, and extends the company's geographic reach into Europe. Financial terms were not disclosed.

TA Associates has made a strategic, majority growth investment in OneSource Virtual (OSV), a provider of in-tenant HR and payments BPaaS for the Workday ecosystem. Founders, management, and employees retain a meaningful minority stake while prior investors Halyard Capital and TCV fully exit; the capital will support OSV's product innovation, organic growth, and enhanced customer capabilities.

Proven Optics has acquired brightfin to combine Proven Optics' IT financial management capabilities with brightfin's technology expense management solutions, and appointed Joel Martins as CEO of the combined organization. The deal (backed by majority investor Silversmith Capital Partners and with prior growth investment from ServiceNow) expands the platform's ServiceNow-native capabilities, customer support, and AI-enabled functionality for enterprise and public-sector customers.

Momentive Software, a TA Associates-backed platform, has acquired Personify, an Austin-based provider of association management, event management, job board, and member engagement software used by more than 17,000 organizations. The deal expands Momentive’s portfolio of AI-powered, mission-driven SaaS solutions and positions the combined company to serve over 37,000 organizations worldwide with enhanced predictive analytics and integrated platform capabilities.

TPG's The Rise Funds has made a majority investment in Trustwell, a SaaS provider of regulatory compliance, traceability and supplier management software for the food industry. The Riverside Company has fully exited its investment; financial terms were not disclosed. The partnership aims to accelerate Trustwell's product innovation and scale adoption across food and beverage supply chains.

H3 Partners, a private equity firm focused on SaaS/fintech and health/wellness investments, has acquired Upper Hand, an Indianapolis-based provider of youth sports management software. The acquisition will accelerate product innovation and expand Upper Hand's technology capabilities to better serve sports facilities, trainers and youth sports organizations.

Spatial Business Systems, a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations, Inc. (GSI), a provider of distribution design and vegetation management software for the power and utility industry. The add-on acquisition, which closed January 2, 2026, expands SBS’s intelligent design platform with GSI’s cloud-based Distribution Design Studio (DDS) and mobile Forester field offerings to better serve utilities and infrastructure customers across North America and Europe.

Dentira, a San Francisco-based procure-to-pay SaaS provider for dental practices and multi-site healthcare operators, has received a strategic growth investment from Vista Equity Partners. The funding will support Dentira's product development—including AI-driven capabilities and its Lab Marketplace & Automation Suite—to scale the company's platform across thousands of practices and DSOs.

Renvent Holdings LLC has acquired 100% of DataGavel from co-founders Johnny Friedman and Shane O'Neill, completing Renvent's ownership of the legaltech platform. The transaction positions Renvent to scale DataGavel's SaaS litigation analytics product, accelerate the roadmap, and expand commercial adoption among corporate defendants and defense counsel.

RELEX Solutions has acquired Ida, a Paris-based SaaS company that provides AI-driven fresh replenishment and store ordering optimization for loose and perishable grocery items. The acquisition integrates Ida’s store-level fresh optimization capabilities into RELEX’s AI-driven supply chain and retail planning platform to strengthen fresh store ordering, in-store production planning, and reduce waste while improving availability for grocery retailers across Western Europe.

The Maven VCTs have completed a £2.5 million growth capital investment in London-based AI-enabled SaaS provider Digilytics to accelerate product development and geographic expansion. The funding will support further development of Digilytics' GenAI-driven document automation platform RevEL and expansion into additional loan types and new markets, strengthening go-to-market partnerships with tier-one clients.

Comply365, a portfolio company of Insight Partners and Liberty Hall Capital Partners, has acquired MINT Holding GmbH (MINT Software Systems) to expand its aviation training management capabilities and accelerate development of an AI-powered TrainingManager365 platform. The acquisition integrates MINT's SaaS training management functionality into Comply365's operational content, safety and training suite to drive efficiencies and expand the combined company's offering to global airline and aviation customers.

PairSoft, a provider of procure-to-pay automation and payment solutions, received a majority growth investment from TA Associates to support product enhancement, AI development and global expansion. Existing investor Turn/River Capital fully exited its stake; financial terms were not disclosed.

Cvent has acquired Goldcast, an AI-powered B2B video content and webinar platform, to integrate Goldcast's automated video-clipping and content-repurposing capabilities into Cvent's event marketing and management platform. The deal will allow Cvent customers to instantly convert event moments into on-brand video content and extend the lifecycle and revenue impact of webinars and events.

Sysdyne Technologies has acquired Slabstack to create an AI-powered, end-to-end cloud platform that unifies pricing, CRM, sales optimization, operations, dispatch, delivery and billing for construction materials producers. The acquisition expands Sysdyne’s capabilities beyond ready-mix into aggregates and asphalt while Slabstack will continue operating under its existing leadership as a standalone product within the Sysdyne family.

Indus Growth Fund (through its investors) has completed a majority, strategic investment in Vitalwerks Internet Solutions, LLC d/b/a No-IP, a provider of Dynamic DNS, Managed DNS, and remote access solutions. Suchit Rout (Founding Managing Partner of Indus Growth Fund) will assume the role of CEO while founder Dan Durrer moves to Founder & CTO, with additional support from investors including Relay Investments.

Thoma Bravo completed an all-cash acquisition of PROS Holdings, Inc. valuing the company at approximately $1.4 billion, with PROS shareholders receiving $23.25 per share. Thoma Bravo will operate PROS' travel business as a new platform, "PROS Travel," while PROS' B2B business is expected to be combined with Thoma Bravo portfolio company Conga (expected to close in Q1 2026).

Pronto, a Lehi, Utah–based secure, mobile-first team communications platform, received a significant minority growth investment from SEVA Growth LP. The capital will be used to accelerate sales, expand Pronto's customer footprint, and develop new product functionality and integrations; SEVA founder Shalin Mehta will join Pronto's board.

Banyan Software has acquired Northwoods Consulting Partners, Inc., a provider of cloud-native software (Traverse) and services for state and county Health & Human Services agencies. The acquisition expands Banyan's public sector capabilities and will support further investments in Traverse, automation, and AI tools for frontline caseworkers.