Private Equity-Backed Cloud & SaaS Acquisitions

  • Buyer
    The Riverside Company, Cloudpermit
    Target
    CityReporter
    Industry
    Cloud & SaaS
    Type
    Addon

    Riverside has invested in CityReporter, a cloud-based provider of municipal asset management and inspections software, as an add-on to its portfolio company Cloudpermit. Cloudpermit will integrate CityReporter’s maintenance management and inspections capabilities to expand its local government software suite beyond regulatory workflows into field maintenance and asset management across municipalities in North America.

  • Buyer
    Serent Capital
    Target
    Autire
    Industry
    Cloud & SaaS

    Serent Capital, a growth-focused private equity firm, announced an investment in Autire, a cloud-based, AI-powered software platform for CPA firms performing employee benefit plan (EBP) audits. Autire centralizes and automates EBP audit workflows—supporting 401(k), 403(b), and ESOP plans—to reduce manual work and standardize audit documentation and execution.

  • Buyer
    New State Capital Partners
    Target
    Vast Coworking Group
    Seller
    United Franchise Group
    Industry
    Cloud & SaaS
    Type
    Buyout

    New State Capital Partners acquired Vast Coworking Group, a global coworking franchisor and platform, as a carve-out from United Franchise Group. The deal terms were not disclosed, and Vast’s founder Jason Anderson will continue as CEO.

  • Buyer
    Gryphon Investors, Bow River Capital
    Target
    HRSoft
    Industry
    Cloud & SaaS

    Gryphon Investors completed a majority investment in HRSoft, an enterprise compensation management software provider headquartered in Denver. Existing investor Bow River Capital retained a minority stake, with HRSoft’s executive team led by CEO Joe Poxson continuing to manage the business.

  • February 27, 2026
    Buyer
    Docupace, Genstar Capital
    Target
    InvestEdge
    Industry
    Cloud & SaaS
    Type
    Buyout

    Docupace, an AI-enabled back-office and compliance software provider for wealth management firms, announced its acquisition of InvestEdge, a regulatory compliance software provider for bank trust departments, broker-dealers, and RIAs. The deal expands Docupace’s compliance portfolio with InvestEdge’s ComplianceEdge platform and aims to create a unified data fabric across onboarding, supervision, and surveillance workflows.

  • February 27, 2026
    Buyer
    iAltA Holdings
    Target
    Delio
    Industry
    Cloud & SaaS
    Location
    Wales, United Kingdom
    Type
    Buyout

    iAltA Holdings, a WestCap-backed private markets infrastructure holding company, has acquired Delio, a UK-based provider of a white-label private markets operating system. The deal expands iAltA's suite of private markets solutions by adding Delio's configurable, low-code Core OS and its distribution and reporting capabilities for asset managers and wealth firms.

  • Buyer
    Summit Partners
    Target
    Stay22
    Industry
    Cloud & SaaS
    Location
    Quebec, Canada

    Stay22, a Montreal-based creator and travel monetization platform, raised a $122 million minority growth investment from Summit Partners to fund international expansion, product innovation and new vertical development. Summit Partners partners Colin Mistele and Daniel Kim joined Stay22's board as part of the transaction.

  • Buyer
    Exa Capital
    Target
    Flow Software
    Industry
    Cloud & SaaS
    Location
    Auckland, New Zealand
    Type
    Buyout

    Exa Capital, a private equity firm following a permanent hold strategy, has acquired Flow Software, an Auckland-based integration-as-a-service provider serving businesses across Australia and New Zealand. Flow will continue operating independently under Exa’s decentralized model as Exa deepens its presence in the ANZ region.

  • Buyer
    Peak Rock Capital (affiliate)
    Target
    UL Solutions Inc. (Employee Health and Safety software business), PureEHS (rebranded business)
    Seller
    UL Solutions Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    An affiliate of Peak Rock Capital has signed a definitive agreement to acquire the Employee Health and Safety (EHS) software business of UL Solutions Inc. The deal is expected to close in the second quarter of 2026, after which Peak Rock intends to rebrand the business as PureEHS.

  • Buyer
    Bain Capital
    Target
    Fluent Commerce
    Industry
    Cloud & SaaS
    Location
    New South Wales, Australia

    Bain Capital has provided A$46 million in growth capital to Fluent Commerce to accelerate the company's AI-powered capabilities, support rollout of its Fluent Connect integration platform, and fund international expansion. The funding will be used to deepen AI functionality in Fluent Order Management, speed customer acquisition, and support global scaling.

  • Buyer
    Haveli Investments, L.P.
    Target
    Budge Studios
    Seller
    General Atlantic
    Industry
    Cloud & SaaS
    Location
    Canada
    Type
    Buyout

    Haveli Investments, L.P. entered into an agreement to acquire Budge Studios, a children’s mobile digital interactive entertainment company based in Montreal, from General Atlantic. The deal terms were not disclosed. The acquisition is expected to provide Budge Studios additional capital and strategic support to expand its portfolio and continue delivering children’s play experiences globally.

  • Buyer
    Masabi
    Target
    Passenger Technology Group Ltd.
    Industry
    Cloud & SaaS
    Location
    United Kingdom
    Type
    Buyout

    Masabi, a global provider of enterprise SaaS fare collection, has acquired UK-based Passenger Technology Group Ltd., a developer of passenger information, white-label mobile apps and ticketing solutions. The deal will combine Masabi’s Justride fare collection and payments platform with Passenger’s customer information and UX capabilities to create a more connected, cloud-native end-to-end mobility offering; financial terms were not disclosed.

  • Buyer
    Banyan Software, Inc.
    Target
    Risk360, SoftSmiths, Inc.
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Addon

    Banyan Software announced that Risk360 has joined its portfolio and will be combined with SoftSmiths to form a new energy software company called ennrgy. The move brings together Risk360’s forecasting, pricing, scheduling and settlements capabilities with SoftSmiths’ energy platform to deliver AI-driven decision intelligence to U.S. retail energy providers.

  • Buyer
    Gemspring Capital Management, LP (affiliate), Gemspring Capital (Gemspring Capital Management, LP affiliate)
    Target
    FORM, Trax Retail image recognition business (Trax IR)
    Industry
    Cloud & SaaS
    Type
    Buyout

    Gemspring Capital Management announced that an affiliate acquired and combined FORM with the image recognition business of Trax (Trax IR), creating a global retail execution and data intelligence software platform for the consumer packaged goods (CPG) ecosystem. The combined platform integrates FORM’s frontline task/workflow execution and shelf intelligence with Trax’s AI-powered computer vision for SKU-level, shelf-level insights, aiming to drive improved compliance, reduced out-of-stocks, and faster decision-making at scale.

  • Buyer
    ARMS
    Target
    ATIMS
    Industry
    Cloud & SaaS
    Type
    Addon

    ARMS, a cloud-based public safety software provider, announced it has acquired ATIMS, a provider of cloud-based Jail Management Systems (JMS) and corrections software. ATIMS will continue operating as a dedicated corrections platform and join ARMS and Cardinal Tracking under the ARMS Public Safety Technologies portfolio to create a more unified, end-to-end suite for public-safety agencies.

  • Buyer
    Baird Capital
    Target
    autoLOTO
    Industry
    Cloud & SaaS
    Type
    Buyout

    Baird Capital announced a majority investment in autoLOTO, a cloud-based software and services company that automates and manages Lockout/Tagout (LOTO) safety procedures. The capital will support autoLOTO in expanding its suite of automated worker safety solutions for built-environment customers.

  • Buyer
    N. Harris Computer Corporation, Constellation Software Inc.
    Target
    GlobalMeet
    Seller
    Pivotal Group
    Industry
    Cloud & SaaS
    Type
    Buyout

    N. Harris Computer Corporation, an operating group of Constellation Software Inc., has acquired GlobalMeet, an enterprise webcasting and virtual events platform, from Phoenix-based investor Pivotal Group. The transaction, which closed December 2, 2025, expands Harris's secure, large-scale virtual event and enterprise communications capabilities and positions GlobalMeet for long-term growth under Constellation's vertical-software operating model.

  • Buyer
    Natus Sensory
    Target
    Keriton
    Industry
    Cloud & SaaS
    Type
    Buyout

    Natus Sensory has acquired Keriton, a U.S.-based provider of cloud-based neonatal and pediatric feeding management software. The acquisition integrates Keriton's feeding safety and workflow platform into Natus Sensory's newborn care portfolio to expand connected care capabilities and accelerate adoption across hospitals and NICUs worldwide.

  • Buyer
    Solen Software Group
    Target
    Cairn Applications Inc.
    Seller
    James Moser, Angela Moser, Moser family
    Industry
    Cloud & SaaS
    Type
    Buyout

    Solen Software Group has acquired Cairn Applications Inc., a 2008-founded provider of cloud SaaS for the waste hauling industry; the transaction closed in December 2025. Cairn (founder James Moser) supports 350+ customers, manages over 65,000 dumpsters and facilitates nearly $150 million in annual commerce; it will continue operating autonomously under Solen's permanent-capital ownership.

  • Buyer
    LoneTree Capital
    Target
    Balena
    Industry
    Cloud & SaaS
    Location
    United States

    Balena, an IoT fleet management and edge computing platform, has secured a strategic growth investment from LoneTree Capital to accelerate its product roadmap, expand Edge AI capabilities, and bolster security and compliance features. Financial terms were not disclosed; Lincoln International served as Balena's financial advisor.

  • Buyer
    Helium Ventures
    Target
    InsurGrid
    Industry
    Cloud & SaaS
    Type
    Buyout

    Helium Ventures, an AI-native holding company, has acquired InsurGrid, a SaaS insurance data platform used by more than 2,500 property & casualty agents to collect and verify policy information. Helium says it will invest in product development and team expansion to accelerate InsurGrid's growth and deepen integrations and AI-driven capabilities.

  • Buyer
    One Peak, Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, Claltech
    Target
    Datarails
    Industry
    Cloud & SaaS

    Datarails raised $70 million in a Series C round led by growth equity firm One Peak, with participation from Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech. The funding will be used to accelerate geographic expansion across North America and EMEA, invest in R&D (including AI capabilities for finance teams), and potentially pursue acquisitions.

  • Buyer
    Lead Edge Capital
    Target
    ClearGov
    Industry
    Cloud & SaaS
    Type
    Addon

    Lead Edge Capital has acquired ClearGov and merged it with its existing portfolio company Gravity to create a unified, end-to-end modern finance platform for local governments, school districts, and state agencies. The combined business will operate under the ClearGov brand, with Tyler Davey (former Gravity CEO) leading the organization and ClearGov co-founders remaining in leadership roles.

  • January 16, 2026
    Buyer
    Diligent
    Target
    3rdRisk
    Industry
    Cloud & SaaS
    Location
    North Holland, Netherlands
    Type
    Buyout

    Diligent, the AI-first governance, risk and compliance (GRC) SaaS provider, has acquired 3rdRisk, an AI-native third-party/vendor risk management platform based in the Netherlands. The deal integrates 3rdRisk's AI-driven vendor profiling and assessment capabilities into Diligent's platform to expand its third-party risk management offering and accelerate customers' audit-readiness.

  • Buyer
    Libera, Inc., Tideshift Capital Group
    Target
    CiviCore
    Seller
    Neon One
    Industry
    Cloud & SaaS
    Type
    Buyout

    Libera, a GovTech-native case management and vocational rehabilitation SaaS provider backed by Tideshift Capital Group, acquired CiviCore from Neon One. CiviCore is a Denver-based provider of cloud case management, data analytics, mentoring, and grant tracking for state and local government and non-profit organizations.

  • Buyer
    Accel-KKR
    Target
    Nutrislice
    Industry
    Cloud & SaaS
    Type
    Buyout

    On January 15, 2026, private equity firm Accel-KKR acquired Nutrislice, a Broomfield, Colorado–based provider of digital menus, ordering, and signage solutions for restaurants. Financial terms were not disclosed; the deal gives Accel-KKR a foothold in the food‑tech / restaurant software market and provides Nutrislice with capital and operational support to accelerate growth.

  • Buyer
    Wavecrest Growth Partners, Radian Capital, Automotive Ventures, David Metter, Devin Daly
    Target
    Dealerware
    Industry
    Cloud & SaaS

    Dealerware, a cloud-native fleet management and mobility SaaS platform for automotive OEMs and retailers, has been acquired by a group of growth investors led by Wavecrest Growth Partners and Radian Capital, with participation from Automotive Ventures and automotive executives David Metter and Devin Daly. The investment will accelerate Dealerware's product-development roadmap and expand its suite of mobility and fleet-management solutions; financial terms were not disclosed.

  • Buyer
    Sign In Solutions
    Target
    The Receptionist
    Industry
    Cloud & SaaS
    Type
    Addon

    Sign In Solutions has acquired The Receptionist, a Denver-based visitor management provider with more than 5,500 customers across 35 countries. The undisclosed-term deal is an add-on to Sign In Solutions' PE-backed platform (formed with backing from PSG Equity) to integrate The Receptionist's service model and expand visitor management, GRC and workplace security capabilities.

  • Buyer
    NetDocuments
    Target
    eDOCS (OpenText eDOCS document management business)
    Seller
    OpenText
    Industry
    Cloud & SaaS
    Location
    Ontario, Canada

    NetDocuments has completed its acquisition of the eDOCS document management business from OpenText, including the eDOCS product portfolio and its dedicated team. The deal brings the eDOCS platform and customer community under NetDocuments, expanding its global footprint and allowing continued on‑premises support while offering a path to cloud modernization and migration tools.

  • Buyer
    ProductPlan
    Target
    Winware.ai
    Industry
    Cloud & SaaS
    Type
    Buyout

    ProductPlan has acquired Winware.ai, an AI-native customer and market research platform, to add agentic and generative AI–powered decision intelligence to its product management and roadmapping software. As part of the deal, Winware founder Steven Cohn was named CEO of ProductPlan; Winware's capabilities will be integrated into ProductPlan's new "Product Intelligence Platform" with broader access planned for April 2026.

  • Buyer
    iAltA Holdings
    Target
    BridgeFT
    Industry
    Cloud & SaaS
    Type
    Buyout

    iAltA Holdings, a WestCap‑backed private markets infrastructure company, has acquired BridgeFT, a cloud‑native, API‑first wealth infrastructure software provider. The acquisition brings BridgeFT’s data aggregation and analytics capabilities into iAltA’s platform to broaden its wealth data and intelligence infrastructure for financial institutions, fintechs, and RIAs.

  • Buyer
    Majesco, CVC Funds (minority investor)
    Target
    Vitech
    Industry
    Cloud & SaaS
    Type
    Buyout

    Majesco has closed its previously announced acquisition of Vitech, a provider of cloud-native pension and benefits administration solutions. The deal expands Majesco’s Group Benefits and Pension & Retirement capabilities and strengthens its AI- and cloud-native platform for P&C and L&A(H) insurers and retirement/Pension markets.

  • Buyer
    Flexera
    Target
    ProsperOps, Chaos Genius
    Seller
    H.I.G. Growth Partners
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Flexera has acquired ProsperOps and Chaos Genius to expand its FinOps platform with AI-driven and agentic cost-optimization capabilities across public cloud and data cloud environments. The deals add autonomous rate and data-cloud optimization for AWS, Azure, Google Cloud, Snowflake and Databricks, strengthening Flexera's FinOps for AI and Data Clouds roadmap.

  • Buyer
    FleetGO Group, Main Capital Partners
    Target
    DreamTec Systems
    Industry
    Cloud & SaaS
    Location
    Ireland
    Type
    Addon

    FleetGO Group, backed by Main Capital Partners, has acquired Ireland-based DreamTec Systems to accelerate its expansion into the UK and Ireland. DreamTec provides telematics and fleet management solutions with a focus on fuel- and food-market-specific applications, enhancing FleetGO's industry capabilities and regional footprint.

  • Buyer
    Title21 Health Solutions
    Target
    MyCellHub
    Industry
    Cloud & SaaS
    Location
    Limburg, Belgium
    Type
    Addon

    Title21 Health Solutions, an ArchiMed portfolio company, has acquired Belgium-based MyCellHub to integrate a cloud-based Manufacturing Execution System (MES) into its life-sciences quality management and orchestration platform. The add-on expands Title21's end-to-end offering for cell and gene therapy manufacturing, strengthens compliance and real-time production monitoring capabilities, and extends the company's geographic reach into Europe. Financial terms were not disclosed.

  • Buyer
    TA Associates
    Target
    OneSource Virtual
    Seller
    Halyard Capital, TCV
    Industry
    Cloud & SaaS
    Type
    Buyout

    TA Associates has made a strategic, majority growth investment in OneSource Virtual (OSV), a provider of in-tenant HR and payments BPaaS for the Workday ecosystem. Founders, management, and employees retain a meaningful minority stake while prior investors Halyard Capital and TCV fully exit; the capital will support OSV's product innovation, organic growth, and enhanced customer capabilities.

  • Buyer
    Proven Optics
    Target
    brightfin
    Industry
    Cloud & SaaS
    Type
    Addon

    Proven Optics has acquired brightfin to combine Proven Optics' IT financial management capabilities with brightfin's technology expense management solutions, and appointed Joel Martins as CEO of the combined organization. The deal (backed by majority investor Silversmith Capital Partners and with prior growth investment from ServiceNow) expands the platform's ServiceNow-native capabilities, customer support, and AI-enabled functionality for enterprise and public-sector customers.

  • Buyer
    Momentive Software, TA Associates
    Target
    Personify
    Seller
    Pamlico Capital
    Industry
    Cloud & SaaS
    Type
    Addon

    Momentive Software, a TA Associates-backed platform, has acquired Personify, an Austin-based provider of association management, event management, job board, and member engagement software used by more than 17,000 organizations. The deal expands Momentive’s portfolio of AI-powered, mission-driven SaaS solutions and positions the combined company to serve over 37,000 organizations worldwide with enhanced predictive analytics and integrated platform capabilities.

  • Buyer
    Hg, General Atlantic, Tidemark
    Target
    OneStream, Inc.
    Industry
    Cloud & SaaS
    Type
    Buyout

    OneStream, an enterprise finance management platform, entered into a definitive agreement to be acquired by Hg in an all-cash deal valued at approximately $6.4 billion in equity value. Hg will become the majority voting shareholder, with General Atlantic and Tidemark investing as minority shareholders; the transaction is expected to close in the first half of 2026.

  • Buyer
    TPG (The Rise Funds)
    Target
    Trustwell
    Seller
    The Riverside Company
    Industry
    Cloud & SaaS
    Type
    Buyout

    TPG's The Rise Funds has made a majority investment in Trustwell, a SaaS provider of regulatory compliance, traceability and supplier management software for the food industry. The Riverside Company has fully exited its investment; financial terms were not disclosed. The partnership aims to accelerate Trustwell's product innovation and scale adoption across food and beverage supply chains.

  • Buyer
    H3 Partners
    Target
    Upper Hand
    Industry
    Cloud & SaaS
    Type
    Buyout

    H3 Partners, a private equity firm focused on SaaS/fintech and health/wellness investments, has acquired Upper Hand, an Indianapolis-based provider of youth sports management software. The acquisition will accelerate product innovation and expand Upper Hand's technology capabilities to better serve sports facilities, trainers and youth sports organizations.

  • Buyer
    Spatial Business Systems, Peak Rock Capital
    Target
    GeoSpatial Innovations, Inc.
    Industry
    Cloud & SaaS
    Type
    Addon

    Spatial Business Systems, a portfolio company of Peak Rock Capital, has acquired GeoSpatial Innovations, Inc. (GSI), a provider of distribution design and vegetation management software for the power and utility industry. The add-on acquisition, which closed January 2, 2026, expands SBS’s intelligent design platform with GSI’s cloud-based Distribution Design Studio (DDS) and mobile Forester field offerings to better serve utilities and infrastructure customers across North America and Europe.

  • Buyer
    Vista Equity Partners
    Target
    Dentira
    Industry
    Cloud & SaaS

    Dentira, a San Francisco-based procure-to-pay SaaS provider for dental practices and multi-site healthcare operators, has received a strategic growth investment from Vista Equity Partners. The funding will support Dentira's product development—including AI-driven capabilities and its Lab Marketplace & Automation Suite—to scale the company's platform across thousands of practices and DSOs.

  • Buyer
    Renvent Holdings LLC
    Target
    DataGavel
    Seller
    Johnny Friedman, Shane O'Neill
    Industry
    Cloud & SaaS
    Type
    Buyout

    Renvent Holdings LLC has acquired 100% of DataGavel from co-founders Johnny Friedman and Shane O'Neill, completing Renvent's ownership of the legaltech platform. The transaction positions Renvent to scale DataGavel's SaaS litigation analytics product, accelerate the roadmap, and expand commercial adoption among corporate defendants and defense counsel.

  • December 18, 2025
    Buyer
    RELEX Solutions
    Target
    Ida
    Industry
    Cloud & SaaS
    Location
    Île-de-France, France
    Type
    Buyout

    RELEX Solutions has acquired Ida, a Paris-based SaaS company that provides AI-driven fresh replenishment and store ordering optimization for loose and perishable grocery items. The acquisition integrates Ida’s store-level fresh optimization capabilities into RELEX’s AI-driven supply chain and retail planning platform to strengthen fresh store ordering, in-store production planning, and reduce waste while improving availability for grocery retailers across Western Europe.

  • Buyer
    Maven VCTs (managed by Maven Capital Partners)
    Target
    Digilytics
    Industry
    Cloud & SaaS
    Location
    England, United Kingdom

    The Maven VCTs have completed a £2.5 million growth capital investment in London-based AI-enabled SaaS provider Digilytics to accelerate product development and geographic expansion. The funding will support further development of Digilytics' GenAI-driven document automation platform RevEL and expansion into additional loan types and new markets, strengthening go-to-market partnerships with tier-one clients.

  • Buyer
    Comply365, Insight Partners, Liberty Hall Capital Partners
    Target
    MINT Holding GmbH (MINT Software Systems)
    Seller
    MINT shareholders
    Industry
    Cloud & SaaS
    Location
    Schleswig-Holstein, Germany
    Type
    Addon

    Comply365, a portfolio company of Insight Partners and Liberty Hall Capital Partners, has acquired MINT Holding GmbH (MINT Software Systems) to expand its aviation training management capabilities and accelerate development of an AI-powered TrainingManager365 platform. The acquisition integrates MINT's SaaS training management functionality into Comply365's operational content, safety and training suite to drive efficiencies and expand the combined company's offering to global airline and aviation customers.

  • Buyer
    TA Associates
    Target
    PairSoft
    Seller
    Turn/River Capital
    Industry
    Cloud & SaaS

    PairSoft, a provider of procure-to-pay automation and payment solutions, received a majority growth investment from TA Associates to support product enhancement, AI development and global expansion. Existing investor Turn/River Capital fully exited its stake; financial terms were not disclosed.

  • December 15, 2025
    Buyer
    Cvent
    Target
    Goldcast
    Industry
    Cloud & SaaS
    Type
    Buyout

    Cvent has acquired Goldcast, an AI-powered B2B video content and webinar platform, to integrate Goldcast's automated video-clipping and content-repurposing capabilities into Cvent's event marketing and management platform. The deal will allow Cvent customers to instantly convert event moments into on-brand video content and extend the lifecycle and revenue impact of webinars and events.

  • Buyer
    Bregal Milestone
    Target
    Beyond Now
    Industry
    Cloud & SaaS

    Beyond Now has secured a majority investment from European software private equity firm Bregal Milestone to accelerate global expansion, deepen product innovation, and strengthen customer success as it enters its next growth phase. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals.

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