This Week

closed 5/3/2024 via BusinessWire

Firstsource Solutions Limited, acquired Quintessence Business Solutions & Services

synopsis: Firstsource Solutions Limited, a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, has acquired Quintessence Business Solutions & Services Private Limited, an India-based leader in outsourced revenue cycle management (RCM) services and technology.
buyer parent: RP-Sanjiv Goenka Group
buyer: Firstsource Solutions Limited (BSE:532809:$597.63)
Firstsource Solutions Limited, a RP-Sanjiv Goenka Group company, is a leading provider of transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology and other industries. "
target: Quintessence Business Solutions & Services
Quintessence Business Solutions and Services Pvt. Ltd. formed in 2011 provides full cycle revenue growth management services to US healthcare entities and aggregators using a combination of proprietary technology including AI/ML based coding platforms and skilled talent force.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/3/2024 via BNC Analysis

Ugro Capital, will acquire MyShubhLife

synopsis: Ugro Capital, a small business lending fintech platform in India, will acquire MyShubhLife, India’s largest embedded finance and personal loan platform. MyShubhLife makes it possible to offer credit to the underserved market segments. Their mobile app offers solutions for personal loans, insurance products, mutual funds, bill payments, and more.
announced 5/2/2024 via BusinessWire

Accenture, will acquire SOKO

synopsis: Accenture has agreed to acquire SOKO, an independent Brazilian creative agency that—by blending creativity, data and a comprehensive understanding of culture—develops brand stories with deep impact in the industry and in society.
announced 5/2/2024 via BusinessWire

Accenture, will acquire Parsionate

synopsis: Accenture has agreed to acquire Parsionate, a data consultancy specialized in data products and modern data foundation services, ranging from data strategy development to technology implementation.
announced 5/2/2024 via PR Newswire

Permira, will acquire BioCatch

synopsis: Permira, a global investment firm, will acquire a majority stake in BioCatch, the global leader in behavioral biometrics. BioCatch helps the world's largest banks and financial institutions to combat fraud. Their digital fraud, anti-money laundering, and impersonation detection solution proactively detects and identifies fraudulent activities.
announced 5/2/2024 via PR Newswire

Shutterstock, Inc., will acquire Envato Pty Ltd.

synopsis: Shutterstock, a leading global creative platform, will acquire Envato, a global leader in digital creative assets and templates. Envato enables millions of people around the world to buy and sell creative assets, use smart design templates and learn creative skills. They offer ready-to-use design templates, stock videos, graphics, photos, and more.
announced 5/2/2024 via BNC Analysis

Freshworks Inc., will acquire Device42

synopsis: Freshworks, a provider of customer engagement software, will acquire Device42, a comprehensive discovery system for Hybrid IT. Device42 discovers and maps infrastructure and applications across data centers and cloud, providing accurate views of IT ecosystems. The platform helps businesses to manage and modernize their IT infrastructure.
announced 5/2/2024 via Company Press Release

RightsLine, Inc., will acquire FilmTrack, Inc.

synopsis: Rightsline, a global leader in rights and royalties management solutions, will purchase FilmTrack from City National Bank.  Founded in 1996 to assist entertainment companies in managing their intellectual property, FilmTrack provides end-to-end SaaS solutions to assist entertainment companies in managing their intellectual property.
closed 5/2/2024 via PR Newswire

Cin7, acquired Inventoro

synopsis: Cin7, the industry-leading inventory and order management software provider, acquired Inventoro, a leading provider of AI-driven sales forecasting and replenishment optimization solutions. nventoro's system is powered by advanced mathematics and artificial intelligence, which means it can learn and adapt to unique business needs.
closed 5/2/2024 via BusinessWire

Ephicacy, acquired Advance Research Associates

synopsis: Ephicacy Consulting Group, Inc., a leading biometrics Contract Research Organization, has acquired Advance Research Associates, a provider of data management and biostatistical consulting services for clinical trials.
closed 5/2/2024 via PR Newswire

Drata, acquired oak9

synopsis: Drata, the leading compliance automation platform, announced that it has acquired oak9, a cloud native security platform, and released a new capability in beta to seamlessly bring continuous compliance into the software development lifecycle.
closed 5/1/2024 via BNC Analysis

Storable, acquired NewBook Pty Ltd.

synopsis: Storable, the leading technology provider for the self-storage industry, has acquired NewBook from Potentia Capital, an Australian private equity investment firm. NewBook is a connected hospitality management platform based in Australia. They provide solutions for property management, online booking, channel management, and more.
closed 5/1/2024 via BusinessWire

Intel 471, acquired Cyborg Security, Inc.

synopsis: Intel 471, the premier global provider of cyber threat intelligence (CTI) solutions, has acquired Cyborg Security, a leading provider of advanced threat hunting solutions. The fusion of Cyborg Security with Intel 471 delivers advanced behavioral detections and unprecedented insight into the threat actor landscape.
closed 5/1/2024 via BusinessWire

Insight Enterprises, Inc., acquired InfoCenter

synopsis: Insight Enterprises announced it has acquired Infocenter, a fast-growing pure-play ServiceNow Elite Partner, adding a full complement of ServiceNow consulting, implementation and managed services to its automation solutions portfolio.
closed 5/1/2024 via BusinessWire

Epicor Software Corporation, acquired Smart Software Inc

synopsis: Epicor, a global leader of industry-specific enterprise software to promote business growth, announced it has acquired Smart Software, a leading provider of cloud-based, AI-driven inventory planning and optimization (IP&O) applications, and an existing Epicor ISV partner.
announced 5/1/2024 via BNC Analysis

DecisionPoint Systems, Inc. will be merged with Barcoding, Inc.,

synopsis: DecisionPoint will merge with Barcoding, a supply chain automation company. DecisionPoint is a mobility-first enterprise services and solutions company. They offer software for RFID asset tracking, direct store delivery management and voice automation. They also provide services for mobility consulting, managed IT, IT lifecycle management and more.
closed 5/1/2024 via BusinessWire

WTWH Media, LLC, acquired CFE Media and Technology

synopsis: WTWH Media has acquired CFE Media, a leading B2B media company focused on serving engineers across the manufacturing, operational technology, and industrial automation sectors. The acquisition bolsters WTWH Media’s offerings to support B2B marketers in reaching the right audience at the right time.
closed 5/1/2024 via GlobeNewswire

BarkleyOKRP, acquired Adlucent LLC

synopsis: Advantage Solutions Inc., a leading provider of sales and marketing services to consumer goods manufacturers and retailers, announced it has sold digital marketing agency Adlucent to BarkleyOKRP. Adlucent, a performance media business Advantage acquired in 2016, will integrate into Barkley and OKRP.
closed 5/1/2024 via BusinessWire

Tech Soft 3D, acquired Actify Inc.

synopsis: Tech Soft 3D, the leading provider of engineering software development toolkits, has acquired the core business assets of Actify, Inc., a leading force in advanced computer-aided design (CAD) viewing and collaboration technology, including SpinFire, CAD Publisher, and Centro.
closed 5/1/2024 via BusinessWire

Radformation, Inc., acquired Limbus AI

synopsis: Radformation, Inc., a leader in automation solutions for cancer care, has acquired Limbus AI, a leading global provider of automated contouring software for radiation therapy. This acquisition signifies Radformation’s commitment to driving innovation and expanding its AI-driven capabilities in cancer care.
announced 4/26/2024 via Company Press Release

Thoma Bravo, LLC, will acquire Darktrace

synopsis: Thoma Bravo, a leading software investment firm, will acquire Darktrace, a global leader in cybersecurity artificial intelligence. Darktrace's platform provides a full lifecycle approach to cyber resilience that can autonomously spot and respond to known and unknown in-progress threats across an organisation’s entire ecosystem.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make acquisitions intended to accelerate revenue and earnings. "
target: Darktrace (LSE:DARK:$545.43)
Darktrace is a global leader in cybersecurity artificial intelligence. Darktrace's platform provides a full lifecycle approach to cyber resilience that can autonomously spot and respond to known and unknown in-progress threats across an organisation’s entire ecosystem.
price ($mm)[EV]
$5,537 [$5,212]
rev ($mm)
$616
EBITDA ($mm)
$119
EV / rev
8.5x
EV / EBITDA
43.9x
announced 4/26/2024 via BNC Analysis

NVIDIA Corporation, will acquire Deci AI

synopsis: Nvidia is to acquire Deci AI, which has developed technology to compress generative AI language models. With the company’s end-to-end deep learning acceleration platform, AI developers can build, optimize, and deploy faster and more accurate models for any environment, including cloud, edge, or mobile.
closed 4/26/2024 via BNC Analysis

One Click LCA Ltd., acquired Buildrz

synopsis: One Click LCA, a company specializing in life-cycle assessment software for the construction and manufacturing industries, has acquired Buildrz, a Paris-based firm known for its generative AI platform for real estate development.
closed 4/26/2024 via BNC Analysis

Intercity Technology Ltd, acquired Centrality Ltd

synopsis: UK-based MSP Intercity has acquired Centrality, an IT Support & Technology Services Provider. Centrality is one of the UK's most accredited Microsoft Solutions Partners, providing expertise across M365, Azure, Power Platform and security.
closed 4/26/2024 via Company Press Release

Philia Medical Editions SAS, acquired APM International

synopsis: Wilmington plc, has sold its French healthcare business, APM to Philia Medical Editions SAS, a subsidiary of Europa Group. APM International is an information company which provides professionals in the health sector with a high value-added news service adapted to their needs.
closed 4/25/2024 via New York Times

Global Tetrahedron, acquired Onion, Inc

synopsis: G/O Media has sold The Onion, a satirical news site, to Global Tetrahedron, a Chicago-based firm. The four media veterans behind Global Tetrahedron are: former Twilio CEO Jeff Lawson; former NBC News reporter Ben Collins; former TikTok executive Leila Brillson; and former Tumblr executive Danielle Strle.
announced 4/25/2024 via BNC Analysis

Sinbad will be merged with Tjufoo Ltd,

synopsis: Startups brand aggregators Tjufoo is finalizing the merger with B2B commerce Sinbad. Sinbad, based in Indonesia, has a platform that retailers/outlets/merchants can use to place orders directly to principal manufacturers and product distributors.
closed 4/25/2024 via Company Press Release

Enigmatic Smile, purchased Loyalty Business from Fidel

synopsis: Fidel API, a fintech transaction infrastructure platform, has completed an asset sale of its loyalty business to Enigmatic Smile, a global reward technology facilitator. The sale encompasses all assets related to Fidel’s loyalty business including its market-leading technology platform, customers, partners and personnel, as well as the Fidel brand.
announced 4/25/2024 via BNC Analysis

Valofe Co.,Ltd, will purchase Last Origin from Studio Valkyrie, Inc.

synopsis: Valofe, a global video game developer and publisher, will acquire Last Origin from Studio Valkyrie, a video game development studio in South Korea. Last Origin is a turn-based RPG game for mobile devices. The game takes place in a post-apocalyptic world where players play as the last human being.
announced 4/25/2024 via Company Press Release

Happiest Minds Technologies, will acquire PureSoftware Technologies Private Limited

synopsis: Happiest Minds, an IT solutions & services company in India, will acquire PureSoftware, a global software products and digital services company. PureSoftware provides services for product development, cloud, cybersecurity, and more. Their unified banking platform, Arttha, enables financial institutions to make banking simpler for their customers.
closed 4/25/2024 via BusinessWire

Source Point, purchased Consent Management Platform from Sibbo

synopsis: Sourcepoint, the practical privacy software platform for the world’s most influential brands, has acquired the consent management platform (CMP) business of Sibbo, the Madrid-based consultancy and CMP provider. The Sibbo CMP platform helps publishers comply with privacy regulations across a variety of platforms, including HbbTV, CTV, apps and web.
announced 4/25/2024 via Company Press Release

NVIDIA Corporation, will acquire Run:ai

synopsis: NVIDIA, the worldwide leader in programmable graphics processor technologies, announced it has entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider.
closed 4/25/2024 via GlobeNewswire

DaXtra Technologies, acquired PivotCX

synopsis: Daxtra, the leading provider of AI-enriched software for the talent acquisition ecosystem, has acquired PivotCX, a technology-based talent acquisition and HR communications hub. Based in Indianapolis, PivotCX is an all-in-one platform for SMS, voice, video, web and email that integrates with ATS, Job Boards, HRIS, CRM, and Social Networks.
closed 4/25/2024 via BusinessWire

PayStand, acquired Teampay Corporation

synopsis: Paystand, the global leader in blockchain-enabled B2B payments, announced the acquisition of Teampay, an industry-leading spend management software. The transaction creates a B2B payments powerhouse whose continued goal is to revolutionize payments by expanding the largest, fastest, and most cost-efficient B2B payments network.
announced 4/25/2024 via BusinessWire

GTCR, LLC, will acquire AssetMark, Inc.

synopsis: GTCR, a leading private equity firm, will acquire AssetMark from Huatai Securities, a leading technology-driven securities group in China. AssetMark operates a wealth management platform that powers independent financial advisors and their clients. AssetMark serves advisory firms of all sizes and business models at every stage of their journey.
closed 4/25/2024 via BNC Analysis

Core Technology Systems (UK) Limited, acquired Velocity IT Ltd

synopsis: Core Technology Systems, a leading MSP in the UK IT channel, is excited to announce the acquisition of Velocity IT, a renowned specialist in automation technology.
closed 4/25/2024 via PR Newswire

VTG, acquired Vana Solutions, LLC

synopsis: VTG, an industry-leading national security solutions provider, has acquired Vana Solutions. Vana provides end-to-end digital transformation expertise combined with cutting-edge technologies to deliver secure cloud environments, data fabric solutions, and advanced analytics for mission-critical national security programs.
closed 4/24/2024 via Company Press Release

Embrace Software Inc., acquired Xap Corp

synopsis: Embrace Software Inc., renowned for its acquisition of, and investment in, specialized software solutions, announced the acquisition of XAP Corporation, a trailblazer in career and college planning software.
closed 4/24/2024 via Company Press Release

AiRo Digital Labs, LLC, acquired Cloudaction

synopsis: AiRo Digital Labs, a global technology services provider, has acquired Cloudaction, a leading IT consulting and implementation services company. Cloudaction helps their customers to implement, optimize and support market-leading business applications. The company has deep experience in IT service management, digital experience and cloud consulting.
closed 4/24/2024 via PR Web

Band of Insiders, acquired RVD Communications

synopsis: RVD Communications, a progressive PR, influencer marketing and brand building agency founded by Rachel Van Dolsen in New York City, has been acquired by award-winning amplification agency, Band of Insiders. RVD has proven expertise in the food & beverage, lifestyle, sexual wellness, sustainability, and petcare industries.
closed 4/19/2024 via Company Press Release

Docuware, acquired natif.ai

synopsis: DocuWare, a leading provider of document management and workflow automation solutions, has acquired natif.ai. Based in Germany, natif.ai pioneers in intelligent document processing (IDP) by integrating innovative AI with machine learning for AI-driven document automation.
buyer parent: Ricoh Co Ltd
buyer: Docuware
DocuWare is a leading provider of document management and workflow automation solutions. Together with its 800+ strong partner network, DocuWare has helped approximately 17,000 customers across 100+ countries simplify their work through digitizing, automating and transforming key processes. "
target: natif.ai
Based in Germany, natif.ai pioneers in intelligent document processing (IDP) by integrating innovative AI with machine learning for AI-driven document automation. Esteemed for its collaborations and a OEM white label focus, it offers versatile solutions across sectors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2024 via Company Press Release

Aurionpro Solutions Limited, acquired Arya.ai

synopsis: Aurionpro Solutions Limited, a global provider of technology solutions, has acquired Arya.ai, the leading autonomous AI platform for banks and insurers in India. Arya.ai helps businesses to improve their daily operations with AI. Their PaaS platform and APIs facilitate AI-enabled applications to be rapidly deployed and scaled.
announced 4/19/2024 via BNC Analysis

Bambuser Ab, will acquire Hero

synopsis: Bambuser AB, a global video commerce platform, will acquire Hero from Klarna, the leading global payments and shopping service. Hero is a virtual shopping platform. Hero connects millions of shoppers with product experts via text, chat and video, all directly from a brands ecommerce store.
closed 4/19/2024 via Company Press Release

Valsoft Corp, acquired Trendex Information Systems, Inc.

synopsis: Valsoft Corporation Inc., a Canadian company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Trendex Information Systems Inc., a leader in software for the industrial gases and welding supplies distributors.
closed 4/19/2024 via PR Web

Webflow, Inc, acquired Intellimize

synopsis: Webflow, a company that provides software as a service for website building and hosting, has announced the acquisition of Intellimize, a website personalization and conversion rate optimization platform that leverages AI to help marketing teams personalize websites for each unique visitor across the buyer journey.
announced 4/19/2024 via BusinessWire

TabaPay, Inc., will acquire SynapseFI

synopsis: TabaPay, Inc., the leading instant money movement platform for the fintech industry, will acquire the assets of Synapse Financial Technologies, Inc., a Banking-as-a-Service (BaaS) platform that increases access to best-in-class financial products.
closed 4/19/2024 via BNC Analysis

Sundial Media Group LLC, acquired Refinery29

synopsis: Richelieu Dennis’ Sundial Media Group (SMG) has officially acquired Refinery29 (R29), a creative digital media and entertainment platform focusing on multigenerational women. The company previously belonged to the Vice Media umbrella.
closed 4/18/2024 via BusinessWire

OV Loop, Inc., acquired Cultos

synopsis: OV Loop, Inc., America’s only cross platform tap & pay wallet/super-app and omnichannel commerce platform for people, merchants, and brands, announced the acquisition of Cultos.io, the Web3 rewards application that enhances loyalty and engagement.
announced 4/18/2024 via BusinessWire

Proemion, will acquire TrendMiner

synopsis: Proemion, a global provider of advanced data and analytics technology, will acquire TrendMiner from Software AG, a German provider of digital transformation solutions and services. TrendMiner is a Belgian analytics company that helps clients in the manufacturing and process industry to speed up root cause analysis and define optimal processes.
announced 4/18/2024 via Company Press Release

The Shipyard, will acquire Fahlgren Mortine

synopsis: The Shipyard, a leading, independent agency, is to acquire Fahlgren Mortine, a company that offers a full range of social media, digital, advertising, PR, research, branding and design services.
closed 4/18/2024 via BusinessWire

Computer Enterprises, Inc., acquired Fourth Dimension Technologies

synopsis: CEI, a leading provider of technology strategy, solutions, and services, announced the acquisition of Fourth Dimension Technologies, an IT Solutions and Managed service provider (MSP) with a global footprint and 35 years of experience.
closed 4/18/2024 via PR Newswire

SixSpeed, acquired KC Truth

synopsis: SixSpeed, an independent creative marketing agency, announced that it has acquired KC Truth, a longstanding Minneapolis media and creative agency.
closed 4/18/2024 via BusinessWire

NRX AssetHub, acquired DataSeer

synopsis: HubHead Corp. (NRX AssetHub) announced its acquisition of the assets of DataSeer, Inc., an AI-powered online tool that ‘reads’ research articles and spots sentences where authors describe data collection. It then guides authors through the data sharing process for their article and reports back to the relevant stakeholders.
closed 4/18/2024 via Company Press Release

CareMetx, acquired PX Technology

synopsis: CareMetx, a leading technology-enabled hub services platform facilitating patient access to specialty medications, has acquired PX Technology, a pioneer in digitizing healthcare processes. Founded in 2019, PX Technology leverages proprietary technology to connect patients, providers, and partners.
closed 4/18/2024 via PR Newswire

DrFirst, Inc., acquired Myndshft

synopsis: Healthcare technology pioneer DrFirst has acquired substantially all assets of Myndshft Technologies, Inc., a leader of end-to-end real-time medical benefits and automated prior authorization (PA) software-as-a-service (SaaS).
closed 4/18/2024 via Company Press Release

Altair Engineering Inc., acquired Cambridge Semantics Inc.

synopsis: Altair a global leader in computational intelligence, acquired Cambridge Semantics, a modern data fabric provider and creator of one of the industry’s leading analytical graph databases. Cambridge Semantics’ graph-powered data fabric technology accelerates the creation of comprehensive enterprise knowledge graphs.
announced 4/18/2024 via BusinessWire

ESO Solutions, will acquire Logis Solutions

synopsis: ESO, a leading data and software provider, will acquire Logis Solutions, a global provider of computer-aided dispatch (CAD), logistics and billing software serving emergency medical services (EMS), fire departments, emergency communications, and hospitals.
closed 4/18/2024 via Company Press Release

BPP Holdings Plc, acquired Buttercups Training Ltd.

synopsis: BPP Holdings Plc has acquired Nottingham-based Buttercups Training, a leading national provider of pharmacy training services. Buttercups Training will become part of BPP Education Group, a British provider of education and training in law, business, finance, accountancy, banking, technology, healthcare, and nursing.
closed 4/18/2024 via PR Newswire

Follett School Solutions, LLC, acquired MasterLibrary

synopsis: Follett School Solutions, a leader in K-12 educational technology solutions, announced the strategic acquisition of MasterLibrary, the innovator of integrated facilities solutions for K-12 districts.
closed 4/17/2024 via PR Newswire

Commvault, acquired Appranix, Inc.

synopsis: Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, announced the acquisition of Appranix, a cloud cyber resilience company. Commvault is making this acquisition to help enterprises get up and running even faster after an outage or cyberattack.

This Week


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read more

Quintessence Business Solutions & Services

MyShubhLife

SOKO

Parsionate

BioCatch

Envato Pty Ltd.

Device42

FilmTrack, Inc.

Inventoro

Advance Research Associates

oak9

NewBook Pty Ltd.

Cyborg Security, Inc.

InfoCenter

Smart Software Inc

DecisionPoint Systems, Inc.

CFE Media and Technology

Adlucent LLC

Actify Inc.

Limbus AI

read more

Darktrace

Deci AI

Buildrz

Centrality Ltd

APM International

Onion, Inc

Sinbad

Fidel

Studio Valkyrie, Inc.

PureSoftware Technologies Private Limited

Sibbo

Run:ai

PivotCX

Teampay Corporation

AssetMark, Inc.

Velocity IT Ltd

Vana Solutions, LLC

Xap Corp

Cloudaction

RVD Communications

read more

natif.ai

Arya.ai

Hero

Trendex Information Systems, Inc.

Intellimize

SynapseFI

Refinery29

Cultos

TrendMiner

Fahlgren Mortine

Fourth Dimension Technologies

KC Truth

DataSeer

PX Technology

Myndshft

Cambridge Semantics Inc.

Logis Solutions

Buttercups Training Ltd.

MasterLibrary

Appranix, Inc.

Geography
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