Software Acquisitions in 2023

Acquisition Volume in Software in 2023 by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Software Acquisitions in 2023. 428 2022 306 2023 394 2024 389 2025 ~334 est. 76 2026
Actual Full-year estimate
  • Buyer
    Leonard Green & Partners (LGP), Hg, ICG
    Target
    IRIS Software Group
    Industry
    Software
    Location
    England, United Kingdom
    Type
    Buyout

    Leonard Green & Partners (LGP) will take a co-controlling stake in IRIS Software Group alongside existing investor Hg, with ICG remaining as a minority investor. The transaction values IRIS at an enterprise value of around £3.15 billion and is intended to support IRIS's continued scaling and expansion in North America; closing is subject to customary regulatory clearances.

  • Buyer
    Domestic and General Group
    Target
    Nana Technologies, Inc.
    Industry
    Software
    Type
    Buyout

    Domestic & General Group (D&G), the UK appliance breakdown protection provider owned by CVC, has acquired Nana Technologies, an enterprise gateway marketplace and field-management software provider focused on appliance repair. The deal strengthens D&G's US proposition and accelerates the Group's expansion into the US warranty market by combining D&G's warranty capabilities with Nana's technician marketplace and training capabilities.

  • Buyer
    Altaroc, Jane Street, NPS, NYC Retirement System, Hg, ICG, TPG, Visma management
    Target
    Visma
    Industry
    Software
    Location
    Norway

    Hg-backed software group Visma expanded its shareholder base in a transaction valuing the company at EUR 19 billion, welcoming around 20 new investors and raising over €1bn from new investors plus roughly €3bn of new investment from existing shareholders. Named new investors include Altaroc, Jane Street, NPS and the NYC Retirement System, while existing/co-investors providing further capital include Hg, ICG, TPG and Visma management to support continued international expansion and product innovation.

  • Buyer
    Ingentive
    Target
    Software Solved Ltd.
    Seller
    FRP Advisory (joint administrators of Software Solved Ltd.)
    Industry
    Software
    Location
    England, United Kingdom
    Type
    Buyout

    Ingentive has acquired the business and certain assets of UK-based Software Solved Ltd. The pre-pack transaction (handled by FRP Advisory) brings Software Solved's Pro Code, Big Data and AI expertise into Ingentive's Microsoft-focused digital transformation offering to expand capabilities across Low Code, Modern Work, Security, AI and Cloud.

  • Buyer
    EQT Private Equity (EQT X)
    Target
    HVD Group (Hantverksdata), Next (Next One Technology)
    Seller
    Adelis, Monterro
    Industry
    Software
    Location
    Sweden

    EQT Private Equity (EQT X) has agreed to invest in Swedish software companies HVD Group (Hantverksdata) and Next (Next One Technology) to create a strengthened Northern European platform serving tradespeople and the construction industry. The investment brings together complementary cloud-based field service, ERP and construction project management products to expand capabilities and accelerate growth across the Nordics and Germany; closing was expected in February 2024.

  • Buyer
    AutoManager Acquisition, Inc., The Beekman Group
    Target
    AutoAp, Inc.
    Industry
    Software
    Type
    Addon

    AutoManager Acquisition, Inc., a dealership software provider majority-owned by The Beekman Group, has acquired AutoAp, Inc., a Recalls‑As‑A‑Service provider that automates safety recall discovery and management for dealerships, fleets and rental companies. The acquisition bolsters AutoManager's product portfolio by adding recall-management technology and services to its dealer management and CRM offerings.

  • Buyer
    Computer Services, Inc. (CSI)
    Target
    Hawthorn River
    Industry
    Software
    Type
    Buyout

    Computer Services, Inc. (CSI) has acquired Hawthorn River, a St. Louis-based provider of a single-platform loan origination system (LOS), to add purpose-built lending capabilities to CSI’s end-to-end banking software platform. The deal follows a prior commercial partnership and is intended to strengthen CSI’s loan origination functionality for community and regional banks while enabling distribution to non-CSI banks via channel partnerships and API integrations.

  • December 14, 2023
    Buyer
    TeamSnap
    Target
    MOJO Sports
    Industry
    Software
    Type
    Buyout

    TeamSnap has acquired MOJO Sports, a youth sports media and coaching platform that offers live video streaming, coaching content, and team management tools. The acquisition expands TeamSnap's product capabilities and content offerings, integrating MOJO's library and streaming features into TeamSnap's sports management ecosystem to better serve coaches, families, leagues, and partners.

  • Buyer
    Cleo
    Target
    ECS International
    Industry
    Software
    Location
    North Holland, Netherlands
    Type
    Buyout

    Cleo has acquired ECS International, a Hoorn, Netherlands-based B2B integration technology partner, making ECS a wholly owned subsidiary. The acquisition gives Cleo a central Continental Europe presence to accelerate adoption of its Cleo Integration Cloud platform and strengthen supply chain integration capabilities across the Benelux and broader European markets.

  • Buyer
    EXA Capital
    Target
    Prista Corporation
    Industry
    Software
    Type
    Buyout

    EXA Capital, a buy-and-hold software-focused investment firm based in Austin, Texas, has acquired Prista Corporation, the maker of the ActionCue CI clinical intelligence SaaS platform. Prista will operate autonomously under EXA's decentralized model and is expected to benefit from EXA's resources, networks and operations platform to support future product and customer growth.

  • Buyer
    Apax Partners LLP (funds advised by Apax)
    Target
    OCS S.p.A., Finwave
    Seller
    Charme Capital Partners, Lutech Group
    Industry
    Software
    Location
    Italy
    Type
    Buyout

    Funds advised by Apax Partners LLP completed acquisitions of OCS (from Charme Capital Partners) and Finwave (from the Lutech Group), combining the two businesses into a scaled European financial software platform. The combined group starts with roughly €100 million in revenue and will continue operating under the OCS and Finwave brands while accelerating product development and international expansion.

  • Buyer
    Lynx Software Technologies, OceanSound Partners
    Target
    Timesys Corporation
    Industry
    Software
    Type
    Addon

    Lynx Software Technologies, an OceanSound Partners portfolio company, has acquired Timesys Corporation, a provider of development tools, cybersecurity solutions, and engineering services for open-source embedded and edge software. The deal expands Lynx's Mission Critical Edge capabilities by adding Timesys' Linux expertise, SCA/SBOM tooling, and managed services to the LYNX MOSA.ic platform.

  • Buyer
    Prometheus Group
    Target
    MobilOps
    Seller
    Turner Industries Group
    Industry
    Software
    Type
    Addon

    Prometheus Group has acquired MobilOps, the integrated plant management and field operations software owned by Turner Industries Group. Prometheus will integrate MobilOps into its enterprise asset management suite to expand capabilities, product footprint, and customer reach in industrial maintenance and field operations.

  • Buyer
    Docker, Inc.
    Target
    AtomicJar
    Industry
    Software
    Type
    Buyout

    Docker, Inc. has acquired New York–based AtomicJar, the company behind the open-source Testcontainers framework, in a mixed equity-and-cash deal. The acquisition expands Docker's developer tooling and testing capabilities—adding Testcontainers Desktop and Testcontainers Cloud—to improve the end-to-end developer experience.

  • Buyer
    REDYREF Interactive Kiosks
    Target
    Livewire Digital
    Industry
    Software
    Type
    Buyout

    REDYREF Interactive Kiosks has acquired Livewire Digital to combine REDYREF's kiosk design and manufacturing with Livewire's interactive kiosk software and services. The acquisition expands REDYREF's end-to-end capability across industries such as retail, hospitality, healthcare, entertainment and transportation, and aims to accelerate development of next-generation self-service solutions.

  • December 5, 2023
    Buyer
    ToolWatch, The Riverside Company
    Target
    busybusy
    Industry
    Software
    Type
    Addon

    ToolWatch, the Riverside-backed construction operations platform, has acquired busybusy, a Saint George, Utah-based developer of mobile time-tracking software for construction and remote industries. The add-on, funded by The Riverside Company, expands ToolWatch's capabilities into workforce management and strengthens its integrated construction operations suite.

  • Buyer
    Ascent Software Group
    Target
    Value Acceptance
    Industry
    Software
    Location
    United States
    Type
    Buyout

    Ascent Software Group (ASG), the developer of the Jaro appraisal platform, has acquired Value Acceptance, a technology developer specializing in LiDAR and augmented reality floor-plan and property data collection. The acquisition will integrate Value Acceptance's on-site property data collection capabilities into ASG's Jaro suite to accelerate appraisal modernization and support new GSE-required property data reports.

  • November 28, 2023
    Buyer
    MentorcliQ
    Target
    Diverst
    Industry
    Software
    Location
    Quebec, Canada
    Type
    Buyout

    MentorcliQ, a Columbus-based employee mentoring software leader, has acquired Diverst, a Montreal-based ERG (Employee Resource Group) management software pioneer founded by Andre Laurin and Toki Toguri. The acquisition brings ERG management and mentoring together under MentorcliQ to expand its DEI product capabilities and streamline customers' HR technology stacks; Diverst will operate as a wholly owned subsidiary. This is MentorcliQ's first acquisition since receiving an $80 million growth investment from PSG earlier in 2023.

  • Buyer
    ESTELA, Accel-KKR
    Target
    DBNet, DigiFlow
    Industry
    Software
    Location
    Santiago Metropolitan Region, Chile
    Type
    Addon

    ESTELA, a PE-backed digital compliance platform supported by Accel-KKR, acquired Chilean electronic invoicing software provider DBNet and Peruvian digital compliance provider DigiFlow to expand its footprint in the Southern Cone. The deals extend ESTELA's electronic invoicing and fiscal compliance capabilities across Chile and Peru, broadening its reach to thousands of enterprise customers in distribution, logistics, public services and business services.

  • Buyer
    Blackstone
    Target
    Civica
    Seller
    Partners Group
    Industry
    Software
    Location
    United Kingdom
    Type
    Buyout

    Blackstone has entered into a definitive agreement (closed May 2, 2024) to acquire Civica, a global leader in public‑sector software, from Partners Group. The buyout will support Civica's next phase of growth and global expansion across government, health and education markets; financial terms were not disclosed.

  • Buyer
    Astorg Mid‑Cap, Apheon
    Target
    Sofico
    Industry
    Software
    Location
    East Flanders, Belgium
    Type
    Buyout

    Astorg Mid‑Cap will invest a 51% stake in Sofico in partnership with Sofico founders Gémar Hompes and Piet Maes and existing investor Apheon, with the founders and Apheon significantly reinvesting and remaining involved. Sofico, headquartered in Ghent, is a leading software provider for the automotive leasing and mobility industry, employs over 500 experts, serves major global leasing customers, and will use the partnership to accelerate product development, services expansion and M&A; financial terms were not disclosed and the deal is expected to close in Q1 2024.

  • Buyer
    Volaris Group
    Target
    NOVENTIcare GmbH
    Seller
    NOVENTI Group
    Industry
    Software
    Location
    Berlin, Germany
    Type
    Buyout

    Volaris Group (a division of Constellation Software Inc.) has acquired NOVENTIcare GmbH, a Berlin-based provider of software solutions for care providers, from the NOVENTI Group. The deal brings NOVENTIcare’s myCortex platform and mobile myCara application into Volaris’ portfolio to expand its vertical-market healthcare software capabilities.

  • Buyer
    Lunovus LLC
    Target
    Diamond Studios
    Industry
    Software
    Type
    Buyout

    Lunovus LLC, a physician-owned eyecare software and supplementation company based in Birmingham, Alabama, has acquired Diamond Studios, a 41-year-old software development and media firm. The acquisition strengthens Lunovus' software solution portfolio—including support and further development of the Doc2Home platform—while Diamond Studios will continue operating under its brand with Joe Miele leading daily operations.

  • Buyer
    Xybion Digital Inc.
    Target
    Autoscribe Limited
    Seller
    Shareholders of Autoscribe Limited
    Industry
    Software
    Location
    Berkshire, United Kingdom
    Type
    Buyout

    Xybion Digital Inc. completed the acquisition of Autoscribe Limited, a UK‑headquartered LIMS software company, for an aggregate purchase price of US$15 million (US$12.094M at closing plus three deferred US$1M payments). The acquisition was funded in part by a new up-to US$15M senior secured credit facility arranged with Capital Finance Opportunities 2303F LLC; Autoscribe reported roughly US$6.18M revenue and an adjusted EBITDA of US$0.678M for the fiscal year ended March 31, 2023.

  • Buyer
    Dura Software
    Target
    Infinity Software Holdings Ltd
    Industry
    Software
    Location
    England, United Kingdom
    Type
    Addon

    Dura Software, a San Antonio-based acquirer of hyper-niche software companies, has completed the acquisition of Infinity Software Holdings Ltd, a UK provider of interaction management software for contact center environments. The deal, Dura's 15th acquisition, will fold Infinity into its contact-center-focused portfolio with DVSAnalytics (a Dura portfolio company) leading the Infinity team to drive synergies and expand capabilities.

  • November 14, 2023
    Buyer
    Marketwake
    Target
    Punchlist
    Industry
    Software
    Type
    Buyout

    Atlanta-based digital marketing agency Marketwake has acquired Punchlist, a no-code, visual-first feedback management tool. The acquisition aims to integrate Punchlist's collaboration and creative-feedback capabilities into Marketwake's service offering to improve workflows for clients and scale the product under Marketwake's guidance.

  • Buyer
    Unaric (Unaric Holding Limited)
    Target
    Mirage Computer Systems GmbH
    Industry
    Software
    Location
    Germany
    Type
    Buyout

    Unaric has acquired German-based Mirage Computer Systems GmbH to expand its RevOps and Service Cloud application suites on the Salesforce platform. Mirage, an Independent Software Vendor since 1995 known for its CTI Data Connector and Microsoft Teams–to–Salesforce telephony integration, will join Unaric's growing suite of Salesforce-focused products.

  • November 9, 2023
    Buyer
    saas.group
    Target
    gominga
    Industry
    Software
    Location
    Bavaria, Germany
    Type
    Buyout

    saas.group has acquired gominga, a Munich-based provider of review and ratings management SaaS used by global brands. The deal adds review management and customer feedback capabilities to saas.group's portfolio and aims to accelerate gominga's growth across DACH and international eCommerce markets.

  • Buyer
    CIENCE Technologies
    Target
    Steer Campaign
    Industry
    Software
    Location
    Unknown
    Type
    Buyout

    CIENCE Technologies has acquired Steer Campaign, a service provider specializing in open source marketing automation hosting, support and customization. The acquisition strengthens CIENCE's open source capabilities and complements its recent purchase of Chaskiq to broaden solutions for B2B lead generation and sales acceleration clients.

  • Buyer
    Salary.com
    Target
    HCR Software (CompXL)
    Industry
    Software
    Type
    Buyout

    Salary.com has acquired HCR Software, maker of the CompXL enterprise incentive compensation planning application, and integrated it into its CompAnalyst Total Compensation Management (TCM) platform. The deal expands Salary.com's enterprise compensation planning capabilities—adding spreadsheet-like flexibility, incentive plan support (merit, bonus, commissions, LTI, equity) and broader cloud-based automation and HR system integrations.

  • Buyer
    Symphony Technology Group (STG)
    Target
    Avid Technology, Inc.
    Seller
    Avid Technology stockholders
    Industry
    Software
    Type
    Buyout

    An affiliate of Symphony Technology Group (STG) completed an all-cash acquisition of Avid Technology for approximately $1.4 billion, taking the media and entertainment software company private. Avid stockholders received $27.05 per share; Avid will remain headquartered in Burlington, Massachusetts, and STG said it will support accelerated innovation and growth.

  • Buyer
    Vertu Capital
    Target
    ActiveState Software Inc.
    Industry
    Software
    Location
    British Columbia, Canada
    Type
    Buyout

    Vertu Capital, a Canadian private equity firm, has acquired ActiveState Software Inc., a Vancouver-based provider of a secure open-source integration platform for enterprise software developers. The investment will support ActiveState's growth as demand for secure open-source supply chain management and developer tooling increases; Peter Lee will chair ActiveState's board.

  • Buyer
    Advantive
    Target
    Abaca Systems
    Industry
    Software
    Location
    England, United Kingdom
    Type
    Buyout

    Advantive, a mission-critical software provider for specialty manufacturing and distribution businesses, has acquired Abaca Systems, a Manchester-based provider of packaging software solutions. The acquisition expands Advantive's packaging and corrugated capabilities and strengthens its presence in European markets.

  • Buyer
    Pamlico Capital
    Target
    Beck Technology
    Industry
    Software

    Pamlico Capital has made a strategic growth investment in Beck Technology, the Dallas-based preconstruction software platform, with Norbert Orth joining as CEO. Existing management — including President Stewart Carroll, CTO Mike Boren, and founder Peter Beck — will retain ownership and continue to lead operations while Pamlico will support product expansion and go-to-market growth.

  • November 6, 2023
    Buyer
    DaySmart Software
    Target
    Sawyer
    Industry
    Software
    Type
    Addon

    DaySmart Software acquired Sawyer to expand its recreation-focused product suite, adding Sawyer’s scheduling, payments and marketplace capabilities for K–12 extracurricular activities. Sawyer, founded in 2015 in Brooklyn, provides a two-sided platform connecting parents with providers and will be integrated into DaySmart’s vertically-focused SMB software offerings; Leonis Partners served as Sawyer’s financial advisor.

  • Buyer
    Bleecker Street Group
    Target
    Marine Learning Systems
    Industry
    Software
    Location
    British Columbia, Canada
    Type
    Addon

    Bleecker Street Group (BSG), a New York-based software holding company, has acquired Marine Learning Systems, a Vancouver-based provider of maritime eLearning technology and services. The deal brings Marine Learning Systems into BSG’s growing portfolio of maritime software businesses to accelerate product development and expand service offerings for cruise, ferry and workboat operators.

  • Buyer
    TA Associates
    Target
    KatRisk
    Industry
    Software

    KatRisk, a catastrophe modeling software company, received a strategic growth investment from private equity firm TA Associates to accelerate product development and global expansion. The investment will support enhancements to KatRisk's SpatialKat and SoloKat platforms, expand peril coverage and geographic reach, and provide resources for continued innovation.

  • Buyer
    Main Capital Partners
    Target
    Lux Scientiae, Incorporated (LuxSci)
    Industry
    Software
    Type
    Buyout

    Main Capital Partners has made a majority investment in Lux Scientiae, Incorporated (LuxSci), a U.S.-based provider of HIPAA-compliant secure communications and hosting solutions for healthcare and other regulated industries. The partnership will provide LuxSci with resources to accelerate product development, pursue strategic acquisitions, and expand internationally while Main leverages its healthcare and security software experience to support growth.

  • November 2, 2023
    Buyer
    Exterro, Leeds Equity Partners
    Target
    Divebell
    Industry
    Software
    Type
    Addon

    Exterro, a Leeds Equity Partners–backed provider of legal GRC software, has acquired Divebell, a data discovery SaaS specialist. The deal integrates Divebell's automated data discovery capabilities into Exterro's legal governance, risk and compliance platform to strengthen data governance, e-discovery, privacy and breach response capabilities.

  • November 2, 2023
    Buyer
    Meter, Inc.
    Target
    Interval
    Industry
    Software
    Type
    Buyout

    Meter, Inc. has acquired Interval, an app development platform for building internal tools, in a cash-and-stock deal for an undisclosed amount. The acquisition brings Interval's team (including founder Alex Arena) into Meter to accelerate internal workflow automation and expand Meter's capabilities as it scales into enterprise customers across North America.

  • Buyer
    Marlin Equity Partners
    Target
    TRAFiX
    Industry
    Software

    Marlin Equity Partners completed a growth investment in TRAFiX, a New York–based provider of order and execution management software (OEMS) and FIX connectivity solutions for capital markets. The minority growth capital will support TRAFiX’s product development, global expansion and investments in people and talent; financial terms were not disclosed.

  • November 2, 2023
    Buyer
    PagerDuty, Inc.
    Target
    Jeli, Inc.
    Industry
    Software
    Type
    Buyout

    PagerDuty has signed a definitive agreement to acquire Jeli, adding Jeli’s incident analysis and learning capabilities to the PagerDuty Operations Cloud to deliver an end-to-end, automated incident management solution for enterprises. The acquisition is intended to strengthen PagerDuty’s incident lifecycle offering—bringing deeper post-incident analysis, learning and proactive improvements to its platform; the deal is subject to customary closing conditions.

  • Buyer
    Francisco Partners, TPG
    Target
    New Relic
    Seller
    New Relic stockholders, Lew Cirne, JANA Partners LLC, HMI Capital Management L.P.
    Industry
    Software
    Type
    Buyout

    Francisco Partners and TPG have agreed to acquire observability software provider New Relic for $87.00 per share in an all-cash transaction valuing the company at approximately $6.5 billion. The deal, approved by New Relic's board and supported by key shareholders, will take New Relic private to provide greater flexibility to continue its product transition and accelerate investment in its observability platform.

  • Buyer
    With Intelligence
    Target
    FolioMetrics
    Industry
    Software
    Location
    United Kingdom
    Type
    Buyout

    With Intelligence, a London-based provider of investment intelligence and data solutions, has acquired FolioMetrics, a CRM and research management software provider for hedge funds and other investment firms. The deal expands With Intelligence’s fundraising workflow capabilities and follows a majority investment in With Intelligence by Motive Partners; all FolioMetrics staff will join With Intelligence’s London headquarters.

  • Buyer
    Blackstone, Vista Equity Partners
    Target
    Energy Exemplar
    Seller
    The Riverside Company
    Industry
    Software
    Location
    South Australia, Australia
    Type
    Buyout

    Private equity funds affiliated with Blackstone and Vista Equity Partners agreed to acquire Energy Exemplar, a global provider of energy market simulation and analytics software, from The Riverside Company. The transaction — intended to accelerate product investment and global growth for Energy Exemplar's cloud SaaS platform supporting grid reliability and the energy transition — closed in May 2024 (deal announced October 2023).

  • Buyer
    Tyler Technologies, Inc.
    Target
    ResourceX
    Industry
    Software
    Type
    Buyout

    Tyler Technologies has acquired ResourceX, a Denver-based provider of priority-based budgeting software for the public sector. The deal integrates ResourceX's AI/ML-enabled budgeting tools into Tyler's ERP and civic product suite to expand Tyler's public-sector budgeting capabilities and provide greater transparency and efficiency for government clients.

  • Buyer
    medavis GmbH, Bregal Unternehmerkapital (BU)
    Target
    Digithurst Bildverarbeitungssysteme GmbH & Co. KG
    Industry
    Software
    Location
    Bavaria, Germany
    Type
    Addon

    Karlsruhe-based medavis GmbH and Büchenbach-based Digithurst Bildverarbeitungssysteme GmbH & Co. KG are combining their radiology software businesses to form a stronger group supported by majority investor Bregal Unternehmerkapital (BU). The combination will bundle medavis's modular RIS solutions with Digithurst's RIS/PACS capabilities to broaden the product offering and drive innovation and international growth.

  • October 30, 2023
    Buyer
    Vizient, Inc.
    Target
    PrefTech OR
    Industry
    Software
    Type
    Buyout

    Vizient has completed the acquisition of PrefTech OR, a cloud-based physician preference card management (PCM) SaaS that helps providers optimize operating room workflows, reduce supply waste and lower costs. The technology expands Vizient's Spend Management capabilities by adding PCM analytics and workflow automation to its services for hospitals and health systems.

  • Buyer
    Nayax Ltd.
    Target
    Retail Pro International
    Industry
    Software
    Location
    United States
    Type
    Buyout

    Nayax Ltd. has entered into a definitive agreement to acquire 100% of Retail Pro International, a global retail point-of-sale (POS) software provider. The deal, valued at an implied enterprise value of $36.5 million (cash-free, debt-free), is expected to close in Q4 2023, subject to customary conditions and earnout targets.

  • Buyer
    Automattic
    Target
    Texts.com
    Industry
    Software
    Type
    Buyout

    Automattic has acquired Texts.com, a desktop-first messaging app that consolidates conversations from platforms like iMessage, WhatsApp, Telegram, Signal, LinkedIn, Slack and Discord into a single, encrypted inbox. The acquisition expands Automattic’s consumer product portfolio into messaging and adds AI features (message summarization, drafting, translation) while the Texts.com team works on a mobile rollout.

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