Clearlake Capital Group and TA Associates are to acquire Precisely, a specialist in data integrity.
Diligend, an investment management software provider for institutional investors and consultants, has added Deloitte Consulting as a client.
Sympa, a provider of core HR software in the Nordics and Recruitee, a provider of applicant tracking systems (ATS) in central Europe and the USA, are combining to create a digital HR solutions offering.
Private Equity Wire’s Technology Summit continued on Thursday, where LPs and GPs explored themes around digitisation and how the adoption of new tech is shaping private equity.
Private Equity Wire’s Technology Summit kicked off on Wednesday, an event that will look at how digitisation and the adoption of new technologies are shaping the world of private equity and some of the future trends in private equity tech.
The Governments of Luxembourg and Cote d’Ivoire will invest a total of EUR10 million into Bamboo Capital Partners’s BLOC Smart Africa, a technology impact fund with a target of EUR100 million.
By Phil Spratt, co-founder of digital intelligence service Deltabase – With the economic fallout of the Covid-19 pandemic suppressing some sectors, the attention of the private equity industry is now even more acutely focused on assets in the resilient SaaS technology sector and on firms that have successfully managed to ‘pivot’ towards digitalising their propositions and underlying business model.
ELSA, a mobile app that uses artificial intelligence and speech recognition technology to help language learners improve their English speaking skills and pronunciation, has cUSDosed Series B round of USD15 million in new capital.
Private Equity Wire talks to Ted Persson, partner at EQT Ventures – which recently closed a USD18 million series-A round into Stockholm-based AI-focused online learning platform Sana Labs, about the fact that around 1.3 billion adults will face a ‘skills mismatch’ for the jobs needed in the future, how the online learning trend will pan out in the next few years, and the role of the private sector in driving this trend.