Apex Group acquires GCG
Apex Group has acquired Greenough Consulting Group (GCG), a provider of finance, accounting, and human resources services to technology companies, venture capital and private equity funds. This strategic deal serves to further strengthen Apex’s position in the US market and enhances its ability to deliver high quality service to clients of all sizes, via locally […]
Wolverine Buys Sweaty Betty for $410 Million to Boost Activewear
Wolverine World Wide Inc. bought British fitness and lifestyle brand Sweaty Betty for $410 million to expand its business into the fast-growing activewear sector. The U.S. footwear and lifestyle group closed the all-cash deal on Monday after L Catterton, a private-equity firm co-owned by Bernard Arnault, the CEO of LVMH Moët Hennessy Louis Vuitton SE, […]
Sophos extends its spending spree with Refactr buy
Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform that helps cybersecurity and DevOps teams to collaboratively operate. The platform, which is used by the nonprofit Center for Internet Security and the U.S. Air Force’s Platform One, […]
McIntyre’s Socium acquires London mortgage broker
Socium Group, the investment vehicle backed by private equity firm Penta Capital, has acquired “a significant controlling stake” in London-based mortgage broker Charles Cameron & Associates. The deal, the details of which were not disclosed, is the latest move in Socium’s five-year plan to build a 300 adviser-strong business, and arrives just months after Socium withdrew its […]
Bain Capital buys a big medical supplies B2B marketplace
PartsSource, which says it has an inventory of more than four million products on its marketplace ranging from batteries, beds, tables, cables, infusion pumps, monitors, sterilizers to other medical and surgical products, has agreed to be acquired by Bain Capital Private Equity. Bain is purchasing PartsSource from Great Hill Partners for an undisclosed price. “PartsSource has clear […]
Astorg and Bridgepoint complete Fenergo acquisition
Astorg and Bridgepoint have completed their acquisition of Fenergo, a provider of Know Your Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, following approval by the European Commission. Entering its third chapter of growth, Fenergo reinforces its commitment to developing innovative, digital solutions that equip financial institutions with the tools to […]
Proofpoint Stockholders Approve Acquisition by Thoma Bravo
Proofpoint, Inc., a leading cybersecurity and compliance company, today announced that its stockholders voted to approve the acquisition of Proofpoint by Thoma Bravo, a leading software investment firm. Gary Steele, Chairman and CEO of Proofpoint, said, “On behalf of the Proofpoint Board of Directors, I would like to thank our stockholders for their support of […]
Uber Boosts Trucking Push With $2.25 Billion Deal To Buy Freight Service Transplace
Ridehail giant Uber is making a big push to beef up its trucking business by purchasing logistics service Transplace for about $2.25 billion, intending to turn its Uber Freight unit into a top player in arranging and tracking shipments of goods. Uber Freight said it has an agreement to buy Frisco, Texas-based Transplace for cash […]
EQT Infrastructure Completes Acquisition of First Student
FirstGroup plc announced the sale of school bus contractor First Student and First Transit to EQT Infrastructure, one of the world’s largest infrastructure investors, closed on Wednesday evening. First Student, the largest student transportation provider in North America with 43,000 school buses in operation, and First Transit operations will reportedly continue as usual and uninterrupted […]
Blackstone to acquire majority stake in Simplilearn
Global private equity firm Blackstone has invested $250 million (over ₹1,870 crore) in Indian edtech company Simplilearn Solutions Pvt. Ltd for a controlling stake, the PE firm said on Monday. Blackstone will pick up more than 60% stake in Bengaluru-headquartered Simplilearn, one of the oldest firms in the online higher education space founded in 2010, […]
