Acquisitions

Acquisitions
AppDirect Acquires Builtfirst to Expand Marketplace Solutions
May 09, 2024

AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused on its business-to-business (B2B) commerce platform, the companies said in a Thursday (May 9) press...

Acquisitions
Report: Alphabet in Continuing Talks to Acquire HubSpot
May 09, 2024

Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two companies will come to an agreement, and another potential buyer could emerge, Bloomberg reported Thursday (May 9),...

Acquisitions
Bain Capital Explores $6 Billion Deal for PowerSchool
May 08, 2024

Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool.  The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7) by Reuters, citing a source familiar with the matter.  Based in Folsom, California, PowerSchool makes...

Acquisitions
Private Equity Firms Considering Buyout of Peloton
May 07, 2024

Private equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number of other firms have considered an acquisition but may or may not have talked with the company, CNBC reported Tuesday...

Acquisitions
Pinegrove Capital Partners-Affiliated Entity to Buy SVB Capital
May 03, 2024

SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated with Pinegrove Capital Partners and backed by Brookfield Asset Management and Sequoia Heritage, SVB Financial Group said in a Thursday...

Acquisitions
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
May 02, 2024

Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch.  The agreement, announced Thursday (May 2), values BioCatch at $1.3 billion, and comes amid a rising demand for fraud prevention solutions. Permira’s acquisition comes almost exactly a year after the...

Acquisitions
Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
April 30, 2024

Federal regulators are examining Walmart’s plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio said in a regulatory filing Tuesday (April 30). According to the filing, both companies on Monday (April 29) received a request for additional...

Acquisitions
Paystand Acquires Teampay to Create B2B Financial Platform
April 25, 2024

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable (AP). The fusion of the two companies also expands Paystand’s network to include more than 1 million businesses, the company...

Acquisitions
Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
April 24, 2024

Nvidia plans to acquire Israeli startup Run:ai, a Kubernetes-based workload management and orchestration software provider. The chipmaker said in a Wednesday (April 24) blog post that it has entered into a definitive agreement to acquire Run:ai, adding that the deal will help customers make more efficient use of...