TMT

Warburg Pincus-backed NEOGOV to merge with PowerDMS

NEOGOV, which is backed by Warburg Pincus, has agreed to merge with PowerDMS, a provider of compliance software.

PTC to buy Arena Solutions for $715m

PTC has agreed to acquire Arena Solutions, a SaaS product lifecycle management platform provider, for $715 million cash.

MSP Sports Capital takes minority stake in McLaren Racing: ESPN

MSP Sports Capital has acquired a minority stake in McLaren Racing, a Formula One team, reported ESPN.

Montagu to acquire Capita's education software solutions business

Montagu Private Equity has agreed to acquire Capita's education software solutions business.

Apollo recaps Alorica for $750m

Apollo Global Management has recapitalized Alorica for $750 million.

TSCP invests in WeVideo

Thompson Street Capital Partners has made an investment in WeVideo, a cloud-based and collaborative video creation platform.

Apax-backed GSG to acquire Sportzcast

Genius Sports Group Limited, which is backed by Apax, has agreed to acquire Sportzcast Inc, a maker of sports scoreboard data distribution systems.

FireEye racks up $400m

Cybersecurity firm FireEye Inc has secured $400 million in funding.

Luminate Capital Partners sells Comply365 to Liberty Hall Capital Partners

Since Luminate’s 2017 investment, the compliance software company has doubled revenue organically while substantially improving profitability.

Vista Equity acquires Pluralsight in $3.5 billion take-private transaction

The Utah-based company employs more than 1,700, providing technology workforce development solutions, including skills intelligence, skills development and engineering management capabilities.