Cloud & SaaS Acquisitions in Nevada
Nevada Cloud & SaaS Deal Themes
Nevada-based cloud and SaaS deal activity from 2020–2025 spans growth investments and acquisitions across several software subthemes—from developer/design tools to industry-specific SaaS.
Across the listed transactions, recurring investors and operators (including AgencyBloc, Resurgens Technology Partners, eLearning Brothers, Arcadea Group, Riverwood Capital, Indus Growth Fund, and TELEO Capital Management, LLC) often pursue add-on or majority positions designed to expand product capabilities, accelerate development, and broaden go-to-market for targeted customer groups.
The deals also show a mix of vertical specialization and platform expansion: for example, TurboTenant moving into rental-property financial tooling via Azibo, shipping-rate SaaS integration via saas.group and KingWebMaster, and workflow/mobile field operations capabilities via Texada Software and LogiMove—all with the transactions anchored in Nevada, United States.
What Stands Out
- Nevada-focused transactions cover both acquisitions (e.g., TurboTenant → Azibo) and majority/growth investments (e.g., Indus Growth Fund → No-IP, Arcadea Group → Flight Vector).
- Buyers repeatedly aim to add capabilities to an existing SaaS platform—such as integrating rent collection and landlord tools, expanding shipping-rate solutions for e-commerce, or enhancing field workflows.
- Several deals emphasize vertical SaaS: rental property management, e-commerce shipping, aviation/transport dispatch and operations, and insurance broker sales enablement.
- Roles and leadership continuity appear in notable majority investments, with founders retaining positions (e.g., CEOs/founders referenced as staying in place or shifting roles post-close).
| Buyer (recurring) | What the deal tends to add |
|---|---|
| AgencyBloc (+ Resurgens Technology Partners) | Sales enablement capabilities for broker and high-volume org workflows |
| Arcadea Group | Majority support for accelerated product development and service expansion |
| Indus Growth Fund (+ Relay Investments) | Strategic majority investment to strengthen managed/remote access capabilities |
| Riverwood Capital | Growth funding to accelerate product development and adoption |
-
- Buyer
- Indus Growth Fund, Relay Investments
- Target
- Vitalwerks Internet Solutions, LLC dba No-IP
- Seller
- Existing shareholders of Vitalwerks Internet Solutions (including founder Dan Durrer)
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
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.
-
May 6, 2025
- Buyer
- TurboTenant
- Target
- Azibo
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
TurboTenant, a PE-backed rental property management platform, has acquired Azibo, a financial services platform for rental properties. The acquisition will integrate Azibo's rent collection and landlord financial tools into TurboTenant's all-in-one SaaS platform to provide expanded capabilities to landlords and real estate investors across the United States.
-
December 31, 2024
- Buyer
- saas.group
- Target
- KingWebMaster
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
saas.group has acquired KingWebMaster, the maker of the Advanced Shipping Manager shipping-rate SaaS for e-commerce platforms like Shopify and BigCommerce. The deal expands saas.group's portfolio of e-commerce-focused SaaS products and aims to accelerate product development and service upgrades for KingWebMaster's merchant customers.
-
August 16, 2023
- Buyer
- Arcadea Group
- Target
- Flight Vector
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
Arcadea Group, a long-hold, growth-oriented SaaS investor, has made a majority strategic growth investment in Flight Vector, a provider of dispatch, fleet and operations software for air and ground transport customers. The deal will support accelerated product development, expanded services and international growth while Flight Vector’s founder and CEO, Scot Cromer, remains in place with a meaningful equity stake.
-
February 1, 2023
- Buyer
- AgencyBloc, Resurgens Technology Partners
- Target
- Radius
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Addon
AgencyBloc, a Resurgens-backed agency management system provider, has acquired Radius, a Las Vegas-based sales enablement provider for life and health insurance brokers. The add-on expands AgencyBloc's sales enablement capabilities — including lead distribution, texting and integrated VoIP/call routing — to accelerate its vision of a single, end-to-end platform for brokers and high-volume organizations.
-
August 30, 2022
- Buyer
- Texada Software
- Target
- LogiMove (CheckMobile Global)
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Addon
Texada Software acquired LogiMove (CheckMobile Global), a no-code/low-code mobile application provider for field and service operations in the equipment rental and dealer industry. The acquisition adds LogiMove's mobile-first, configurable field workflows to Texada's SaaS platform, expanding Texada's capabilities for inspections, service and field operations integration.
-
June 1, 2022
- Buyer
- Bragg Gaming Group
- Target
- Spin Games LLC
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
Bragg Gaming Group completed its previously announced acquisition of Spin Games LLC in a cash-and-stock deal valued at approximately USD $30 million. The acquisition is intended to accelerate Bragg’s North American iGaming growth by leveraging Spin Games’ U.S. iGaming relationships, state licenses, and remote gaming server (RGS) capabilities.
-
February 7, 2022
- Buyer
- eLearning Brothers
- Target
- Rehearsal
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
eLearning Brothers, a learning solutions company based in American Fork, Utah, has acquired Rehearsal, a Reno-based video practice and coaching platform that uses AI to deliver feedback and scoring. The acquisition expands eLearning Brothers’ video-based learning and coaching capabilities—strengthening its sales enablement and remote training offerings.
-
January 27, 2022
- Buyer
- Parthenon Capital, Serent Capital
- Target
- BirchStreet Systems
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Growth capital
Parthenon Capital has made a growth investment in BirchStreet Systems alongside existing investor Serent Capital; terms were not disclosed. The capital will accelerate BirchStreet’s growth (organic and M&A) as Brendan Reidy assumes the role of CEO to lead the company’s next phase of expansion.
-
- Buyer
- TELEO Capital Management, LLC, Allegiant Travel Company
- Target
- Teesnap, LLC
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Growth capital
TELEO Capital Management completed a significant growth equity investment in Teesnap, a Las Vegas‑based golf course operations SaaS platform, partnering with existing shareholder Allegiant Travel Company. The capital will support product innovation, go-to-market initiatives, geographic expansion and follow-on acquisitions to accelerate Teesnap's growth.
-
February 2, 2021
- Buyer
- Riverwood Capital
- Target
- Files.com
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Growth capital
Files.com, a provider of secure file workflows and automation, received a $46.5 million growth investment from Riverwood Capital to accelerate product development and expand adoption of its cloud-based automation platform. The company -- a bootstrapped, profitable business serving more than 1,500 customers -- will use the capital to speed its development roadmap and scale growth.
-
June 9, 2020
- Buyer
- Xenon Partners
- Target
- UXPin
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Type
- Buyout
Xenon Partners, a SaaS-focused private equity firm, has acquired UXPin, a collaborative design and prototyping SaaS platform. Xenon said it will leverage its growth and operating expertise to expand UXPin’s product, reach and go-to-market capabilities for design and development teams.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.
Frequently Asked Questions
Which Nevada cloud and SaaS deals are included on this page?
The page highlights multiple cloud & SaaS transactions located in Nevada, United States, spanning 2020–2025. Examples include Xenon Partners acquiring UXPin (2020) and TurboTenant acquiring Azibo (2025).
Are these deals mostly acquisitions or growth investments?
It includes both. Some are acquisitions (for example, saas.group acquiring KingWebMaster), while others are majority or growth equity investments (for example, Arcadea Group taking a majority stake in Flight Vector).
What types of SaaS capabilities show up most often?
Common themes include expanding platform capabilities (integrating new tools into a broader SaaS offering), workflow automation and secure file workflows (Files.com), and vertical SaaS functionality such as dispatch/fleet operations, shipping-rate management, and rental-property financial tools.
Do founders typically stay involved after these transactions?
In at least some majority investment deals, leadership continuity is explicitly described—for example, Flight Vector’s founder and CEO remains in place after Arcadea Group’s investment, and Indus Growth Fund’s deal includes a stated CEO/CTO transition for founder Dan Durrer.