Tracked deals
2717
2717 tracked deals across 2003-2026.
Tracked deals
2717
2717 tracked deals across 2003-2026.
Buyer mix
Strategic-led
2206 strategic · 1066 pe
Top trend
Volume peaked in 2021
463 tracked deals announced in 2021.
Primary Insight
Build a buyer list for your Software deal
Find buyers actively acquiring software companies.
Find buyers like these for your dealBuyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Volaris Group | 52 | Operating group that acquires, strengthens and grows vert... | Strategic |
| TA Associates | 35 | Global growth private equity firm investing in profitable... | PE |
| Constellation Software Inc. | 27 | Public company that acquires, manages, and builds industr... | Strategic |
| Thoma Bravo | 23 | Private equity firm focused on software and technology-en... | PE |
| Accel-KKR | 21 | Technology-focused private equity firm investing in softw... | PE |
| Francisco Partners | 21 | Global private equity firm specializing in investments in... | PE |
| Banyan Software, Inc. | 20 | Permanent-capital acquirer and operator that acquires, bu... | PE |
| Hg | 20 | Private equity investor focused on European and transatla... | PE |
| Banyan Software | 18 | Acquirer of enterprise software businesses using permanen... | PE |
| Marlin Equity Partners | 17 | Global private investment firm focused on corporate carve... | PE |
Last 10 years
Supporting Data
Arcadea Group-backed Computer Information Systems (CIS) acquired Cohero, a case management and workflow software provider for coroner and medical examiner offices. Cohero will continue operating under the Cohero brand as a wholly owned subsidiary of CIS, expanding CIS’s public safety software presence into the coroner and medical examiner market.
TELEO Capital Management acquired SmartFactory Rx, which has been rebranded as Modersys, from Applied Materials. Modersys is a pharmaceutical manufacturing intelligence platform that uses real-time analytics, AI/ML process intelligence, and advanced process control to help regulated life sciences manufacturers improve yield, reduce variability, and accelerate time to market.
Superhuman agreed to acquire GPTZero, an AI content detection and authenticity platform. The deal is intended to expand Superhuman’s authenticity layer and make GPTZero’s tools available within Superhuman Go across 1 million apps and websites.
GROUPAUTO International acquired the remaining shares of Softeca, completing its move from a 33% stake (acquired in 2022) to full ownership and full integration. The deal is intended to accelerate GROUPAUTO’s digital transformation in the automotive aftermarket by expanding its digital ecosystem and investing in AI-enabled tools and platforms.
Aptean acquired ROTOR Software GmbH, a provider of dealer management solutions for motorists, agricultural, and construction machinery sectors in the DACH market. The deal expands Aptean’s presence in DACH and strengthens its portfolio of purpose-built dealer management systems for machinery dealers, repair shops, and related businesses.
Renesas Electronics announced that a Renesas subsidiary has completed the acquisition of Pictorus, a cloud-based behavioral modeling software developer based in Oakland, California. The deal is intended to enhance Renesas 365 by combining architectural modeling with behavioral modeling and simulation to speed up embedded application development.
Novara announced its acquisition of Ensogo, an AI-native sustainability and ESG software platform. The deal is intended to expand Novara’s AI-powered operational risk management platform by integrating Ensogo’s sustainability technology into Novara’s Flex platform.
UniSea announced the acquisition of Berlin-based Kaiko Systems, an AI-powered frontline intelligence and vessel inspection software company for the maritime industry. The deal combines UniSea’s HSEQ, maintenance, procurement, and dry-docking platform with Kaiko’s AI-driven inspection and compliance capabilities, while Kaiko will continue operating as a distinct product with its own team and roadmap.
Recur Software completed the acquisition of PCRecruiter, an applicant tracking system (ATS) and recruitment CRM built for recruiting agencies. The deal expands Recur’s vertical-market software presence, with plans to accelerate PCRecruiter’s modern platform, activate its AI capabilities, and invest in commercial infrastructure while maintaining product continuity.
STARTEEPO Invest increased its beneficial ownership position in Xerox Holdings Corporation (Xerox) to more than 6% of Xerox’s outstanding common stock. The increase follows an amended Schedule 13D filing and takes STARTEEPO to approximately 8.0 million shares plus options on an additional 140,000 shares.
CORA Group (a portfolio of Jonas Software, an operating group of Constellation Software) acquired Finastra’s U.S. mid-market banking business. The deal includes the Phoenix Core Banking System, MalauzAi digital banking, Analyzer IQ, and Enterprise Content Management (ECM), with the software serving hundreds of U.S. banks and credit unions.
AxisCare, a provider of home care management software, announced a strategic growth investment from LLR Partners. The capital will be used to accelerate product innovation (including AI capabilities) and organizational buildout to support AxisCare’s growing customer base in a fragmented in-home care market.
CHR Group, a European provider of digital food safety, compliance, and foodservice management software, announced the acquisitions of Rmoni and Andy. The deal is intended to expand CHR’s international footprint and broaden its capabilities beyond HACCP compliance by adding on-site operational management and connected equipment monitoring.
SciSparc’s majority-owned subsidiary, NeuroThera Labs, received conditional approval from the TSX Venture Exchange to acquire approximately 54% of CliniQuantum, an Israeli quantum-computing technology company focused on clinical trial data analysis. Under the share purchase agreement amended in April 2026, NeuroThera will acquire 56,375 ordinary shares (about 54% of outstanding shares) in exchange for 56.6 million NeuroThera common shares valued at approximately $9.46 million.
ChiroHD, a cloud-native practice management platform for chiropractors, has acquired SKED and Spark to create a connected ecosystem combining scheduling, communication automation, and AI-powered patient engagement. The acquisitions integrate SKED’s mobile-first scheduling and messaging with Spark’s AI engagement flows to streamline clinic operations and improve patient retention.
Hg Capital has agreed to acquire Rightsline, a Los Angeles–based rights and royalties management software provider, in a deal valued at around $500 million including debt. The investment is intended to accelerate Rightsline’s AI roadmap and support global expansion, with existing investors (including Klass Capital, Salem Partners, and management) reinvesting alongside Hg.
Greenhouse, a hiring platform used by more than 7,500 companies, entered into a definitive agreement to acquire Ezra AI Labs, a voice AI interviewing startup that delivers structured, on-demand candidate conversations. The acquisition was expected to close later in the quarter, and it extends Greenhouse’s structured hiring approach to the front of the recruiting funnel where application volume is highest.
Oakley Capital is acquiring a majority stake in XTEL, a revenue management and trade promotion software platform for consumer packaged goods (CPG) companies. The deal is being purchased from existing shareholders Bain Capital and SilverTree Equity, with XTEL continuing to be led by CEO Rob Mullen.
Sonar announced it has acquired Gitar, an AI-native code review platform, to expand SonarQube’s code verification capabilities with AI-powered code review. The combined platform will integrate Gitar with SonarQube so AI agents can be reviewed and validated from the moment they start writing code through deployment.
The Hercules Portfolio of Andromeda Software Inc., an operating group of Constellation Software Inc., announced that it has acquired Peocit Software Solutions Pvt. Ltd. Peocit provides core banking and lending software solutions and services to financial institutions across India.
Gentrack completed the acquisition of Factor for an enterprise value of NZ$24 million, with an additional potential NZ$10 million earn-out tied to recurring revenue growth. The purchase embeds Factor’s AI-powered pricing intelligence into Gentrack’s g2 utilities platform to enhance pricing capabilities for global energy retailers.
Celonis launched its Celonis Context Model (CCM) to eliminate “operational blind spots” in enterprise AI agents by providing a real-time digital twin of business operations. The company signed a definitive agreement to acquire AI decision-intelligence startup Ikigai Labs, whose simulation and forecasting capabilities will be integrated into the CCM.
Mastercam Italia, an affiliate of Mastercam and part of the Sandvik Group, completed its strategic acquisition of Cadline, a longtime Mastercam channel partner. The acquisition transitions Cadline into Mastercam Italia to strengthen Mastercam’s direct market presence and expand national customer support for Italian manufacturers.
Long Path Partners, through Frankel UK Bidco Limited, has completed its take-private acquisition of Idox plc. Idox shareholders received 71.5 pence in cash per share, valuing the company at approximately £339.5 million on a fully diluted equity basis.
Quantum Machines (QM) announced the acquisition of TU Delft spin-off QHarbor to strengthen its hybrid quantum-classical software platform. The deal is intended to expand QM’s European presence by establishing a new Delft office backed by QHarbor’s team and expertise in software-defined experimentation, data management, and system integration.
Bridge Growth Partners has closed a US$790 million continuation vehicle in a secondary transaction for Solace, its real-time data and agentic AI platform. The deal brings in new co-lead investors (including Apogem Capital, Golub Capital, HSBC Asset Management, and Schroders Capital) and allows existing investors—such as Healthcare of Ontario Pension Plan (HOOPP)—to roll equity into the new vehicle, while Bridge Growth retains a reduced but significant stake.
DoubleU Games has submitted a proposal to acquire all outstanding American Depositary Shares of DoubleDown Interactive (DDI) not already held by DoubleU Games for $11.25 per ADS in an all-cash transaction valued at approximately $184 million. Upon completion, DDI would become a wholly owned subsidiary of DoubleU Games through a comprehensive Korean-law share exchange.
Zax.AI acquired Quark Software, a company that provides component content design, automation, and intelligence software for end-to-end content lifecycle management. The announcement states the deal supports Zax’s focus on investing in proven software products with loyal customer bases and accelerating growth through innovation.
Perseus Operating Group (“Perseus”) of Constellation Software completed the purchase of Starkwood Media Group (“Starkwood”), a UK provider of website design and digital solutions for vehicle dealers. The acquisition adds complementary digital capabilities—such as bespoke websites and stock management—to strengthen and expand Constellation’s dealer technology portfolio.
NEOGOV announced it will acquire Miller Mendel Inc. (MMI), bringing eSOPH—an electronic statement of personal history platform—into its public safety software portfolio. The acquisition is intended to expand NEOGOV’s reach in public safety and add functionality to its AI-powered background investigation software, Vetted.
QuestionPro, a global survey and research technology provider, announced the acquisition of Fathom, a text analytics platform for open-ended survey data and customer feedback. The deal will integrate Fathom’s AI-powered text analytics into QuestionPro’s Enterprise-grade platform, including “Fathomer,” an agentic research system for faster open-ended analysis.
Bluesky Digital Assets Corp. entered into a share exchange agreement to acquire all issued and outstanding common shares of ChessGold Inc. The transaction will be implemented in exchange for 10,000,000 Bluesky consideration shares and 20,000,000 milestone warrants tied to user, revenue, and EBITDA milestones.
Teradyne announced that it has acquired TestInsight, a provider of semiconductor test development, validation, and conversion software. The acquisition is intended to strengthen Teradyne’s design-to-test software capabilities by integrating TestInsight’s pattern conversion, validation, and virtual test tools with Teradyne’s automated test equipment platforms to accelerate time to market for AI and data center devices.
GreenSpark Software and ReMatter announced a definitive agreement to combine, creating ReSpark, a unified software platform for the metal recycling and scrap yard industry. The combined platform serves 800+ scrap companies across 1,000+ facilities and integrates GreenSpark’s facility management and AI workflows with ReMatter’s mobile-first dispatch and compliance tooling.
Constellation Software Inc. (through Juniper Group, an operating group of Vela Software) completed its previously announced acquisition of a majority interest in Derbysoft Holdings Limited, the parent company of DerbySoft Inc., including PKFARE. DerbySoft is expected to continue operating independently under its existing leadership, led by CEO Ted Zhang, and will join Juniper Group’s vertical market software portfolio.
Banyan Software has acquired res:harmonics, a UK-based provider of software for serviced apartment and long-stay accommodation operators across the United Kingdom and Europe. res:harmonics will join Software Answers, a Banyan business that serves long-stay accommodation providers with a property management and accounting platform, expanding Software Answers’ regional expertise and product depth in Europe.
KatRisk, a provider of catastrophic risk modeling software for insurers and financial services, announced it has acquired RED, a specialist provider of catastrophe models. The deal expands KatRisk’s multi-peril modeling portfolio, accelerates development of a high-fidelity U.S. earthquake model, and integrates RED’s European earthquake platform into KatRisk’s SpatialKat in the near term.
Allshares announced it has acquired Amalia, a France-based company specializing in sales commission and performance management software. The acquisition adds Amalia’s rules-based technology to Allshares’ end-to-end platform for designing, executing, and governing incentive programs, including equity and long-term incentives.
DaySmart Software acquired Slick Software, a UK-based independent salon technology platform, to expand DaySmart’s global reach in beauty and wellness. The combined roadmap includes developing an AI-native business coach using Slick’s real-time platform data, with initial AI features planned for Q2 2026.
Volaris Group announced the acquisition of zetVisions GmbH, a German software provider for enterprise equity and legal entity/master data management. The deal expands Volaris’ presence in Germany in the legal entity management software market, and aims to leverage the Volaris ecosystem while further developing the solutions toward AI.
Computer Modelling Group Ltd. (CMG) has acquired Rose Subsurface Assessment, a provider of probabilistic subsurface risk analysis and resource assessment software, training, and consulting for the global exploration and production industry. The deal includes USD $8.8 million paid in cash at closing (plus Rose cash on hand), a customary holdback, and an earn-out of up to USD $2.5 million tied to performance milestones.
MiQ signed an agreement to acquire the Latin America business of Adsmovil, expanding MiQ’s programmatic advertising footprint across 12 Latin American markets. The deal combines Adsmovil’s mobile, retail media and digital out-of-home capabilities and first-party data with MiQ’s AI-powered Sigma operating system to create an independent programmatic offering for brands and agencies.
Pepper, an end-to-end technology platform for independent food distributors, has acquired Alima, a Y Combinator-backed startup focused on modernizing food distribution for SMBs. The deal is intended to strengthen Pepper’s product content capabilities, data infrastructure, and AI-powered workflows for distributors and manufacturers managing fragmented product catalogs.
Better Impact acquired Get Connected by Galaxy Digital, uniting the two volunteer management software providers to build a definitive technology platform for volunteer engagement. The combined platform is positioned to support volunteer recruitment, program management, and impact reporting for nonprofits, governments, and community organizations without requiring customer system migrations.
Tandym Group announced the acquisition of InteliNotion, a software company providing structured content authoring and AI-enabled component content management for highly regulated industries, including life sciences. The deal is intended to strengthen Tandym’s IP-led consulting and technology platform by combining InteliNotion’s governed, generative-AI content capabilities with Entitech Solutions’ life sciences integration expertise.
LTi Technology Solutions (LTi), a provider of equipment finance software, has been acquired by Diversis Capital, L.P. The acquisition is intended to accelerate product innovation and expand LTi’s global presence, including adding AI-powered capabilities.
Rootstock Software, backed by Gryphon Investors, announced its acquisition of Ascent Solutions, a provider of Salesforce-native ERP and operational applications. The deal is intended to deepen Rootstock’s Salesforce-native ERP and operational capabilities for manufacturers and distributors, expanding “end-to-end operational execution” across sales, service, and finance.
Datacor, Inc. announced the acquisition of GoldSim Technology Group, a developer of dynamic simulation software for modeling complex systems under uncertainty. The deal strengthens Datacor’s engineering simulation portfolio by adding GoldSim’s system-level modeling and probabilistic risk assessment capabilities to its existing CHEMCAD and pipe flow modeling (formerly Applied Flow Technology) offerings.
Apple acquired MotionVFX, a Poland-based developer of plug-ins, templates, and advanced tools for Final Cut Pro. The deal is intended to deepen Apple’s professional video-creator ecosystem and support subscription-driven offerings around Final Cut Pro and related services.
OpenAI announced it has agreed to acquire Astral, a company behind widely used open-source Python developer tools such as uv, Ruff, and ty. The acquisition is intended to expand OpenAI’s Codex platform into a full software development lifecycle solution, integrating planning, codebase changes, tool execution, verification, and long-term maintenance.
Full Export
Get the full acquisitions list for this page as CSV + XLSX.
Find buyers actively acquiring software companies.
The deals include hiring/recruiting software (e.g., ATS/CRM and interviewing), developer tools (e.g., code verification), and domain vertical platforms such as maritime compliance, food safety, healthcare practice management, and enterprise operations.
Recent entries reference North America and Europe frequently, with additional coverage such as Israel and New Zealand in the recent set.
Many deals emphasize capability additions connected to AI-driven inspection, compliance, automation, interviewing, or code review, though not every transaction is purely AI-focused.
Some announcements explicitly mention maintaining product continuity—such as Kaiko Systems operating with its own team and roadmap after being acquired by UniSea, and PCRecruiter continuing with product continuity plans under Recur Software.