Private Equity
San Angelo, Texas-based TimeClock Plus, a workforce management software provider, has secured an undisclosed amount of funding. The investor was Providence Equity Partners. Wells Fargo served as financial adviser to TimeClock Plus on the transaction while Jackson Walker LLP providing legal advice. And, Weil, Gotshal & Manges LLP served as legal adviser to Providence.
3 min read · 04 September 2019
The Carlyle Group has made an investment in France-based Euro Techno Com Group, a provider of telecom equipment. No financial terms were disclosed.
4 min read · 04 September 2019
TPG Capital has agreed to acquire Georgia-based CollabNet VersionOne, a provider of enterprise agile solutions. The seller is Vector Capital. No financial terms were disclosed. Barclays and RBC Capital Markets acted as financial advisers to TPG Capital while KeyBank Capital Markets Inc did likewise to CollabNet.
4 min read · 04 September 2019
Stage Fund has acquired Tel Aviv and Denver-based Cymmetria, a cybersecurity firm. No financial terms were disclosed. In addition to the acquisition, Daniel Frydenlund, CEO of Stage Fund, has been appointed chairman of the Cymmetria board of directors.
2 min read · 04 September 2019
Priority Power Management LLC, a portfolio company of Ara Partners Group, said Sept. 4 that it closed its buy of EE Partners Ltd. Financial terms weren’t announced. EE Partners, of Midland, Texas, offers specialized electrical engineering and technical services.
3 min read · 04 September 2019
Therma Holdings LLC, a portfolio company of Gemspring Capital, said Sept. 4 that it acquired VarcoMac LLC. Financial terms weren’t announced. VarcoMac provides electrical systems and solutions serving the commercial, institutional and government markets.
2 min read · 04 September 2019
SmartBear, a Francisco Partners portfolio company, has acquired BitBar. Financial terms weren’t announced. BitBar provides a mobile app test automation platform and device cloud. Shea & Co advised SmartBear.
3 min read · 04 September 2019
The Carlyle Group has agreed to make an investment in HireVue, a provider of AI-driven talent assessment and video interviewing solutions. No financial terms were disclosed. TCV, Granite Ventures and Sequoia will remain minority investors.
4 min read · 03 September 2019
Kerridge Commercial Systems, a portfolio company of Accel-KKR, has agreed to buy MAM Software Group Inc for $12.12 a share or about $154.2 million. MAM Software provides on-premise and cloud-based business management solutions for the automotive parts, tire and vertical distribution industries.
5 min read · 03 September 2019
Sentia Group has acquired Ymor. Main Capital is the seller. Financial terms weren’t announced Ymor is a managed service provider with offices in the Netherlands and Denmark.
3 min read · 03 September 2019
