Software Acquisitions in Oregon

Rubicon Technology Partners has made a majority investment in CollegeNET, a Portland-based provider of higher-education software, to accelerate growth and drive continued product innovation. Founder Jim Wolfston will remain CEO and a significant shareholder; financial terms were not disclosed.

Monotype Imaging Inc. has acquired Extensis, a provider of font management solutions, integrating Extensis’ Connect software and team into Monotype to create an all‑in‑one inventory and font software solution. The deal brings Extensis’ employees in the US, UK, and Germany into Monotype; Extensis’ CEO and CFO are stepping away as part of the transition. The acquisition aims to combine Monotype’s library of over 150,000 fonts with Extensis’ management capabilities to expand product offerings and customer value.

CareerArc acquired Lumina, a SaaS platform that generates visual job postings at scale, to add automated video creation to its social recruiting offering. The deal aims to combine Lumina's video content capabilities with CareerArc's distribution network to boost employer branding, engagement, and applicant traffic.

Black Mountain Software, a Peterson Partners-backed provider of government accounting and billing software, has acquired Cascade Software Systems to expand its cost and project accounting capabilities for local governments. Cascade's COO Ayren Spinner will join Black Mountain as President of Cascade; deal terms were not disclosed.

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.

Bentley Systems has acquired EasyPower, a Portland, Oregon-based developer of power systems design and analysis software, to broaden its infrastructure digital twin and electrical modeling capabilities. The acquisition adds approximately 45 EasyPower colleagues and will integrate EasyPower's workflows with Bentley's iTwin platform and engineering applications to improve power distribution design, safety, and resilience across infrastructure sectors.

Exterro, a legal GRC software provider, has acquired Zapproved, an e‑discovery software vendor. The deal (terms undisclosed) combines Zapproved’s customer‑focused e‑discovery offerings with Exterro’s Legal GRC platform to expand product capabilities and provide a unified solution; seller K1 Investment Management will retain a minority stake in the combined business.

ModMed has acquired Xtract Solutions' allergy testing and immunotherapy software and will integrate the technology and team into its Allergy, Asthma & Immunology solution to expand specialty-specific capabilities. The acquisition enables ModMed to combine its EHR, practice management and RCM platform with Xtract's bespoke immunotherapy workflow and EMR integrations to improve continuity of care for providers treating allergies.

Ryan has acquired the OneSource Property Tax and OneSource Transfer Pricing product lines from Thomson Reuters, transferring roughly 25 team members and more than 600 clients to Ryan. The purchase expands Ryan's tax software and services capabilities — making Ryan the largest property tax software provider in North America and strengthening its integrated tax solutions portfolio.

Exterro completed a strategic recapitalization valuing the Legal GRC software provider at more than $1 billion. The transaction was led by existing sponsor Leeds Equity Partners alongside a continuation vehicle co-led by Coller Capital and Glendower Capital with significant participation from Exterro management; proceeds will fund M&A, product development and geographic expansion of Exterro's Legal GRC portfolio.

Jagex, the Cambridge-based games developer and publisher, has acquired Pipeworks Studios, a US-based game development studio headquartered in Eugene, Oregon. The deal brings over 200 development staff and expanded production capabilities to Jagex, supporting geographic expansion into North America and diversification of its games-as-a-service expertise.

Perforce Software, a provider of enterprise DevOps and development lifecycle solutions backed by Francisco Partners and Clearlake Capital, signed a definitive agreement to acquire Puppet, an infrastructure automation and infrastructure-as-code software provider. The acquisition (terms undisclosed) brings Puppet's DevOps and security automation capabilities into Perforce's portfolio to expand its ability to manage and secure infrastructure across data centers, clouds, and the edge; the deal was expected to close in Q2 2022.

YPrime, a cloud-based eClinical solutions provider, has acquired Tryl, a patient engagement software company, and will transfer Tryl’s staff, development capabilities, and IP into YPrime to enhance its patient engagement technologies and support decentralized clinical trials. The acquisition is intended to integrate Tryl’s personalized engagement tools and proprietary engagement score with YPrime’s eCOA and IRT offerings to boost patient retention and trial adherence.

PDQ.com has acquired SimpleMDM, a Portland-based Apple device management platform, to expand PDQ's software management capabilities from Windows into macOS and iOS devices. The acquisition brings SimpleMDM’s cloud-based Apple device management technology and more than 3,000 customers into PDQ’s product portfolio.

Wind River has acquired user experience research and design agency Particle Design, making Particle a wholly owned subsidiary to enhance UI/UX and cognitive UI capabilities within Wind River Studio. The terms were not disclosed; the acquisition is intended to expand Wind River Studio's AI/ML-driven UX and accelerate the platform's user experience capabilities across industries such as automotive, electronics, medical and transportation.

Banneker Partners, an enterprise software-focused investment firm, has made a growth investment in iGrafx, a Tualatin, Oregon-based provider of Business Process Management, process mining and workflow automation solutions. The capital will be used to accelerate product development, sales and marketing, professional services and customer support, and to pursue strategic acquisitions.

Zywave, the Milwaukee-based insurance technology provider, acquired Bend, Oregon-based Modgic, a developer of workers' compensation and mod analysis software. The deal expands Zywave's commercial insurance analytics capabilities and will integrate Modgic's reporting and analysis features into Zywave's Analytics Cloud and ModMaster offerings as part of Zywave's ongoing insurtech consolidation strategy.

Sonatype has acquired MuseDev to integrate Muse’s pull-request–level code analysis into the Sonatype Nexus platform, expanding Sonatype’s capabilities across the full software supply chain. The acquisition brings Muse’s developer-friendly static analysis and machine-learning expertise into Sonatype’s offerings to help customers find and fix security, performance, and reliability issues earlier in the development workflow.

Immersive collaboration platform The Wild has acquired Prospect, the flagship VR design-review product from IrisVR. The deal integrates IrisVR's VR design review capabilities into The Wild's real-time VR/AR collaboration suite to expand capabilities for AEC, real estate, and enterprise customers.

Autodesk, Inc. has agreed to acquire Innovyze, a Portland-based provider of smart water infrastructure software, from EQT Private Equity (EQT Mid Market US fund) for an enterprise value of approximately $1.0 billion. The acquisition expands Autodesk's capabilities in water infrastructure modeling, asset management and operational analytics, advancing its digital twin strategy and end-to-end water infrastructure offering.

Khoros, a Vista Equity Partners-backed provider of digital customer engagement software, has acquired Topbox, an enterprise customer experience (CX) analytics firm. The deal adds Topbox's omnichannel, AI- and NLP-driven CX analytics capabilities to Khoros' platform to broaden CX insight and engagement functionality.

Intrado Corporation has acquired substantially all the assets of Syn-Apps LLC, a pioneer in IoT-enabled mass notification software, to accelerate its intelligent 911 and emergency notification initiatives. The acquisition brings Syn-Apps' Revolution platform and customer base into Intrado's Life & Safety and SchoolMessenger offerings, expanding situational awareness and inside-building IoT data access for public safety and education customers.

Battery Ventures has made a significant growth investment in Tech Soft 3D, the Bend, Oregon-based provider of 3D software development toolkits (SDKs). Tech Soft 3D will use the capital to accelerate product development, scale globally and expand its product offerings through acquisitions; Battery partners will join the company's board.

Provana, a Lisle, Illinois-based contact center technology provider, has acquired TriVium Systems, an Oregon-based provider of call recording, reporting and analytics solutions. The acquisition will integrate TriVium's SonicView and analytics products into Provana's contact center platform to expand Provana's speech analytics and call-recording capabilities.

Apptio, a Bellevue-based technology business management software company, completed the acquisition of Cloudability, a Portland-based leader in multi-cloud financial management, on May 31, 2019. The deal adds Cloudability’s FinOps capabilities — which manage more than $9 billion in enterprise cloud spend and serve 250+ enterprise customers — to Apptio’s portfolio to deliver an integrated, cloud-agnostic cost and financial-management solution.

Routeware, Inc. has acquired EasyRoute, Inc. and its UK parent Webaspx to expand its route optimization and route management product line. The deal integrates EasyRoute/Webaspx's route optimization technology with Routeware's on-board computer systems and analytics to strengthen offerings for municipal and private waste haulers.

Ministry Brands has acquired Sharefaith, a Medford, Oregon–based provider of digital worship products and church software, in a deal completed in February 2018. The acquisition expands Ministry Brands’ suite of software and content offerings for faith-based organizations and enables cross-selling of web, mobile, worship content, and donations products to Sharefaith’s ~16,700 church customers.

AVEVA Group plc acquired FabTrol Systems, a fabrication-management software provider headquartered in Eugene, Oregon, from the Dowco Group for approximately $6.5 million. The acquisition expands AVEVA's fabrication portfolio by integrating FabTrol's estimating, material management and production control capabilities with AVEVA's design and detailing solutions to offer an end-to-end steel fabrication solution.