Celonis, the global leader in Execution Management Systems (EMS), announced the acquisition of Integromat, an industry leading online automation platform. “This acquisition deepens the automation capabilities of the Celonis Execution Management System and strengthens Celonis’ ability to unlock execution capacity trapped by customers’ rigid and complex systems by intelligently automating actions across hundreds of systems…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design. Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use…
Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, announced it has acquired Kasten, the market leader for Kubernetes Backup and Disaster Recovery, in a cash and stock transaction valued at $150M. According to 451 Research, part of S&P Global Market Intelligence, nearly three-quarters of organizations are currently using or planning to…
Via, the provider of digital infrastructure for public mobility systems, announced that it has acquired Fleetonomy, a leading developer of advanced fleet management software. The acquisition accelerates Via’s expansion beyond public transit and strengthens its ability to meet increasing global demand for efficient, flexible solutions for logistics and delivery. Following its Series E financing led…
Caterpillar has signed an agreement to acquire the Oil & Gas Division of the Weir Group, a Scotland-based global engineering business. Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations. …
Argand Partners, the New York- and San Francisco Bay Area-based private equity firm, announced that it has completed the acquisition of Cherry. Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential, the Company said in a press statement. Cherry is the world’s leading global designer and manufacturer…
Gamma Biosciences, a life sciences tools platform created by KKR, announced that it has acquired Nanopareil, a US-based company developing next-generation nanofiber membrane products for chromatographic separation in bioproduction. Nanopareil’s membrane technology employs a novel, durable nanofiber structure that offers significant performance advantages compared with conventional chromatography resins as well as similar, non-resin-based separation technologies.…
Authentix, the authority in authentication and information services, announced that it has acquired the Traceless Authentication Group from Bibliotheca, a library systems solutions company serving over 30,000 libraries worldwide. MHT Partners acted as financial advisor to Authentix in this transaction. New York-based Traceless is an industry leader in anticounterfeiting and diversion control to global clientele…
Unacademy, a Bengaluru-based online learning platform that provides educational content such as video lectures and examinations, announced it has acquired Coursavy, a New Delhi-based test preparation startup for an undisclosed sum. The move will strengthen Unacademy’s position in the UPSC examinations category. Founded in 2019 by Vimal Singh Rathore, Coursavy has over 70,000 learners on…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that global investment firm KKR will invest ₹ 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a…
Illumina and GRAIL, a healthcare company whose mission is focused on multi-cancer early detection, announced they have entered into a definitive agreement under which Illumina will acquire GRAIL for cash and stock consideration of $8 billion upon closing of the transaction. In addition, GRAIL stockholders will receive future payments representing a tiered single digit percentage…
Hewlett Packard Enterprise, the global edge-to-cloud platform-as-a-service company, announced it has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, for $925 million. Post acquisition, Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. The acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise…
Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, announced that it has completed the acquisition of Majesco, a global leader of cloud insurance software solutions for insurance business transformation. As previously announced on August 8, 2020, under the terms of an amended and restated definitive merger agreement, Thoma Bravo…
Brightstar Capital Partners, a private equity firm focused on partnering with founders, entrepreneurs and management teams, announced that it has signed a definitive agreement to acquire a majority stake in Brightstar Corp, in partnership with the Company’s senior management team. Brightstar, a subsidiary of SoftBank Group Corp, is the global leader of end-to-end device lifecycle…
Banyan Software, a company focused on acquiring, building and growing great enterprise software businesses, announced the acquisition of Trans Plus Software, a company that provides an end-to-end software solution to optimize and automate fleet and logistics management. Headquartered in Guelph, Ontario, Canada, Trans Plus is an innovative technology provider offering both asset and non-asset based…