Information services and software industry veterans Mason Slaine, Jay Nadler, and Karl Jaeger have launched of MLM II, an information services and software platform, in partnership with Warburg Pincus, a global private equity firm focused on growth investing.
Technology & software solutions
Funds advised by Warburg Pincus, have reached an agreement to invest in Infoniqa, a supplier of HR software and service solutions in DACH countries, alongside existing investors Elvaston and Infoniqa management.
Investcorp, a global provider and manager of alternative investment products, has invested in Terminus Technologies, an artificial intelligence (AI) CITY and smart service provider in China.
Thoma Bravo has completed its acquisition of Foundation Software, a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors.
Francisco Partners and Evergreen Coast Capital (Evergreen), the private equity affiliate of Elliott Management Corporation (Elliott), have completed their acquisition of cloud services provider LogMeIn in a transaction valued at an aggregate equity valuation of approximately USD4.3 billion.
Clayton, Dubilier & Rice, is to acquire Epicor Software Corporation, a global provider of industry-specific enterprise software to industrial-focused sectors, from global investment firm KKR.
London private equity firm ADM Capital Europe's Cibus Enterprise Fund has acquired a 11.7 per cent stake in the Norwegian agricultural robotics company, Saga Robotics.
Palo Alto-based Social Capital, a tech holding company founded by Chamath Palihapitiya that supports innovative companies in healthcare, artificial intelligence, climate change and space has acquired Hustle, a peer-to-peer text messaging platform.
Thomson Reuters has acquired CaseLines, a cloud-based court document and evidence management platform, in order to digitally transform legal processes.
AlbionVC managed UCL Technology Fund, in collaboration with UCL Business, has held the first close of Fund 2, with a GBP100 million target.