TRANSACTIONS

Envase Technologies, a portfolio company of The Firmament Group, a leading provider of intermodal drayage transport management system software in North America, has agreed to be acquired by WiseTech Global (ASX: WTC). Envase’s cloud-based transportation management system (TMS) software and mobile applications focus on drayage trucking. Envase merges order entry, dispatch, container tracking, electronic data interchange (EDI), API connectivity, document imaging, invoicing, settlements and business intelligence, among other functions, into a single, streamlined system providing carrier efficiencies and container visibility throughout the supply chain. WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally, serving over 18,000 logistics companies across more than 170 countries, including 41 of the top 50 global third-party logistics providers and 24 of the 25 largest global freight forwarders globally.

FileTrail, the leading provider of records management and information governance software, has secured a recurring revenue facility from Espresso Capital. FileTrail is a leading SaaS-enabled enterprise information governance platform for law firms as well as enterprises in highly-regulated industries such as pharmaceuticals, life sciences, banking, insurance, and energy. FileTrail provides end-to-end information lifecycle management capabilities spanning both physical and electronic records, including capabilities for digital file transformation, custom retention policies and information taxonomies, and information risk management. Espresso empowers companies with innovative venture debt solutions, helping more than 300 technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility with non-dilutive capital

InRule Technology, provider of the leading decision platform for automating mission-critical business decisions and a portfolio company of OpenGate Capital, has acquired Barium AB, a Sweden-based provider of digital process automation (DPA) SaaS solutions. InRule’s Decison Platform enables enterprises to understand and automate decisions with unparalleled speed, agility, accuracy, and transparency. Barium helps automate a wide variety of enterprise processes, from case management and loan origination to order fulfillment, inventory management, customer and employee onboarding. The two companies combine to create a single platform that pairs the power of AI, including automated decisions and explainable machine learning, with digital process automation. Established in 2005. OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth and has executed more than 30 platform acquisitions across North America and Europe.

Gimmal, a leading provider of information governance software solutions and a portfolio company of Rubicon Technology Partners, has acquired Sherpa Software, an enterprise data governance and eDiscovery solutions provider. Gimmal’s information governance solutions combat risks associated with critical business information while controlling content sprawl, reducing infrastructure costs, and locating appropriate information when needed. Gimmal’s software helps streamline discovery, migration, governance, and compliance of information without impacting end users. Sherpa Software provides information governance solutions such as remote workstation data management for Microsoft 365 data discovery that enable enterprises to manage unstructured and structured data in one place at low cost.

Next Caller, a leading provider of device verification technology, has been acquired by Pindrop, an Atlanta-based identity and fraud prevention technology firm backed by leading VCs such as Andreesen Horowitz and GV (fka Google Ventures). Next Caller has developed VeriCall®, an enterprise-grade device verification, ANI validation, and spoof detection technology platform that uses live APIs to provide threat analysis in under 300 milliseconds, validating over 2 billion calls for enterprises globally. Pindrop is establishing the standard for identity, security, and trust for voice interactions through patented technology that extracts intelligence from the calls and voices encountered. Pindrop detects fraudsters and authenticates genuine customers, reducing fraud and operational costs, while improving customer experience and protecting brand reputation.

QSR International, the leading developer of qualitative data analysis (QDA) software and a portfolio company of Rubicon Technology Partners, has acquired Swiss Academic Software, maker of Citavi, the only all-in-one reference management and note taking app that will intuitively streamline analyzing sources and organizing notes in one location. QSR has a decades-long history of supporting those who uncover rich insights to address large-scale problems with NVivo, a leading QDA solution providing a robust set of powerful research tools, as well a commitment to preparing students for a rapidly changing world with Sonia. Citavi enables researchers to search resources from around the world, create tasks, analyze texts, save quotations and ideas, create outlines for drafts, and write reports, articles, or books – faster and more efficiently than ever.

Gimmal, a leading provider of information governance software solutions and a portfolio company of Rubicon Technology Partners, has acquired Infolinx, a division of Spacesaver Interiors. Gimmal’s information governance solutions combat risks associated with critical business information while controlling content sprawl, reducing infrastructure costs, and locating appropriate information when needed. Gimmal’s software helps streamline discovery, migration, governance, and compliance of information without impacting end users. Infolinx has developed a leading records and information management software platform, enabling global organizations to successfully manage and protect their most important physical records.

ScribbleLive, the leading SaaS-based content experience platform and a portfolio company of First Ascent Ventures and Georgian Partners, has acquired ion interactive, an interactive content creation platform. ScribbleLive is the world’s leading content experience platform, helping over 1,200 brands and media organizations ideate, plan, create, distribute and measure content for any stage of a buyer’s journey. ion’s SaaS-based interactive content platform and services uses code-free, data-driven interactivity to engage, convert and profile higher quality leads. This is ScribbleLive’s largest acquisition to-date, adding over 250 enterprise customers and further strengthening ScribbleLive’s full lifecycle of interactive content capabilities.

Magnitude Software, a provider of enterprise information management (EIM) software and a portfolio company of Audax Group, has acquired Datalytics Technologies LLC, a data warehouse solutions company. Magnitude provides pre-packed solutions for operational and analytical reporting while Datalytics offers pre-built data warehouse and data mart solutions for SAP’s and Oracle’s families of ERP systems. Combined with Magnitude Software’s Noetix solutions for Oracle E-Business Suite, Datalytics adds ERP content for JD Edwards, PeopleSoft, and SAP HANA systems.

NextDocs, a SharePoint based life sciences document compliance solutions provider and a portfolio company of OpenView Venture Partners, has been acquired by Aurea, a leading provider of document management solutions. NextDocs enables businesses such as Pharmaceutical companies, Bio-Techs, Medical Device companies and CROs to achieve compliance with FDA and other agencies while automating processes, improving efficiency, and dramatically reducing costs with respect to their document compliance activities. Aurea provides enterprise software solutions in a broad range of end-markets, such as Aurea Compliance Manager, an end-to-end integrated solution designed to address specific workflow and compliance needs in Life Sciences.

AFS Technologies Inc., a portfolio company of Court Square Capital Partners, has completed the acquisition of The POP Company (TPC), the premier provider of cloud-based sales force automation and retail execution solutions with customers in Asia, Australia, New Zealand and Russia. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,300 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. TPC develops web based tools and mobile applications for in-store sales execution, including activity coordinating, sales and route planning, mobile field sales execution, reporting and analysis, data hosting, and data integration. TPC provides AFS with a cost-effective Asian operating center located in Singapore and Shanghai, China.

Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications and a portfolio company of Austin Ventures, has agreed to acquire Mobile Commons, a cloud-based mobile messaging software provider. With more than 1,200 enterprise customers around the globe and over 200,000 users, Upland is a leading provider of cloud-based Enterprise Work Management software for IT, marketing, finance, professional services and process excellence teams. Mobile Commons’ enterprise-class application drives and manages digital engagement through sophisticated, two-way SMS programs and campaigns for customers in healthcare, higher education, government, consumer products, and nonprofit. With Mobile Commons, Upland is able to deliver the power of mobile messaging and digital engagement to its customers, both as a stand-alone cloud offering and by broadening the capabilities of its existing Enterprise Work Management products. In particular, Mobile Commons builds on Upland’s support for digital marketers by complementing the engagement and personalization strengths of its cloud-based Web Content Management (WCM) application, Clickability.

ClearMotion (fka Levant Power), an automotive technology company developing the world’s first digital chassis and a portfolio company of Pequot Capital Management, has received a Series B investment led by New Enterprise Associates (NEA), a global technology investor. ClearMotion was founded out of the Massachusetts Institute of Technology and is focused on launching the world’s first digital chassis to usher in next-generation user experience for autos. ClearMotion’s “digital chassis” technology replaces traditional automotive shock absorbers with actuators controlled by proprietary software algorithms, enabling dramatic gains in performance at minimial additional system cost. NEA is a global venture capital firm with nearly $17 billion in cumulative committed capital since inception and a long track record of successful investing in technology and healthcare start-ups, including more than 200 portfolio company IPOs and more than 320 acquisitions.

Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management applications and a portfolio company of Austin Ventures, has agreed to acquire Solution Q, Inc. and its SaaS project and portfolio management application, Eclipse PPM. With more than 1,200 enterprise customers around the globe and over 200,000 users, Upland is a leading provider of cloud-based Enterprise Work Management software for IT, marketing, finance, professional services and process excellence teams. Eclipse is a purpose-built application for mid-market organizations seeking an easy-to-use, turnkey solution for their project management and portfolio visibility needs. Eclipse will join Upland’s EPM Live product line as a new application tailored for midsize organizations in verticals such as Healthcare, Education and Financial Services.

Magnitude Software, a leading provider of Enterprise Information Management (EIM) software and a subsidiary of Upland Software, has been recapitalized by Audax Group, a leading middle market private equity firm. Magnitude was formed in a merger of equals between business intelligence leader, Noetix and data management leader, Kalido, to form an EIM platform encompassing solutions for business intelligence, data warehousing, reporting, analytics and master data management. Today Magnitude serves more than 600 global enterprise customers with over 200,000 users, enabling them to manage data as an enterprise asset. Audax Group is a leading investor in lower-middle market companies with over $5 billion in assets under management in its Private Equity, Mezzanine, and Senior Debt businesses.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Goldman Sachs and ABRY Partners, has been recapitalized by Court Square Capital Partners, a leading private equity firm with over $6 billion under management. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,100 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. AFS’s solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers. Court Square is one of the most experienced teams in the private equity industry having made over 200 investments including several landmark transactions in business services, general industrial, healthcare and technology/telecommunications.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Goldman Sachs and ABRY Partners, has acquired Visicom, a leading provider of Retail Execution and Direct Store Delivery (DSD) solutions in Europe. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. Visicom is an innovative global provider of mobile software solutions for sales organizations covering Presales, Merchandising and Direct Store Delivery (DSD) serving more than 10,000 users in over 30 countries. Visicom enables mobile users to interact with their critical applications, facilitates and optimizes workforce productivity, drives corporate efficiency, and enhances customer service.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Goldman Sachs and ABRY Partners, has acquired Quofore, a leader in mobile field service management solutions for representatives of consumer product companies and a portfolio company of ABS Capital Partners. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. Quofore is a leader in mobile software solutions, incorporating the world’s best practices for field representatives in consumer products companies and workiing with customers in more than 40 countries. Quofore has delivered solutions to customers across six continents including leading global corporations such as Procter & Gamble, Spin Master, The Schwan Food Company and Unilever, as well as numerous small to midsize companies.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Goldman Sachs and ABRY Partners, has acquired MEI Computer Technology Group Inc. (MEI), a global provider of trade promotion management (TPM) solutions to consumer packaged goods manufacturers. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. MEI is a global leader in trade promotion management (TPM) solutions, providing CPG manufacturers with automated solutions to integrate TPM into existing sales and marketing accounting systems to better track trade spend performance across the entire supply chain. MEI further strengthens AFS’s position as the leading provider of end-to-end trade promotion optimization and mobile field sales solutions in the CPG retail market.

Geomagic, a leader in 3D reality capture software and a portfolio company of Valhalla Partners, has acquired SensAble Technologies, a developer of volumetric CAD/CAM solutions and haptic devices. Geomagic is dedicated to advancing and applying 3D technology, including scanning and design software solutions used to capture and model 3D content from physical objects, organically sculpting complex shapes, and preparing products for manufacturing. In addition, Geomagic produces powerful 3D metrology and inspection software that verifies dimensional quality by comparing as-built products to master designs. SensAble has a range of voxel-based 3D design software including the FreeForm® and ClayTools® solutions which create an intuitive, tactile and precise user experience for sculpting “virtual clay”. SensAble’s 3D design solutions also include powerful tools for preparing digital models for manufacturing (particularly for mold and casting production methods) including draft analysis and complex parting line creation.

Rimage (NAS: RIMG), a provider of DVD replication hardware and services, has acquired Qumu Corporation, a corporate video services provider and portfolio company of Advanced Technology Ventures and Storm Ventures. Rimage designs and manufactures optical disc publishing and printing hardware and provides related software, consumables, services, and best-in-class workflow-integrated solutions that serve a variety of markets and applications. Qumu provides an enterprise video platform that creates, manages, secures, distributes and measures the success of live and on-demand video within the enterprise. Common use cases for Qumu’s products include executive webcasts, virtual events, employee collaboration and training.

AFS Technologies, the leading provider of integrated software solutions to the consumer packaged goods (CPG) industry and a portfolio company of Goldman Sachs, has acquired Ross Computer Systems, a provider of Direct Store Delivery (DSD) solutions. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. Ross, the leading provider of route accounting and direct store delivery (DSD) software systems, offers unmatched industry specific solutions and expertise to clients deploying DSD applications. Ross’ extensive experience includes clients in a variety of DSD industries including dairy/fluid milk, ice cream, cultured products, wholesale bakery, artisan bread, snack food, packaged ice, juice and teas, bottled water, cookies and cakes, packaged meats and prepared foods.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Argentum Group and CIBC Capital Partners, has been recapitalized by Goldman Sachs. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. AFS’s solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Argentum Group and CIBC Capital Partners, has acquired Answers Systems, a provider of Trade Promotion Management (TPM) solutions. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. AFS’s solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers. Answers Systems has been meeting the unique trade promotion management needs of the Foodservice industry with the ContractPro® solution for Foodservice manufacturers and the ValuTrak® solution for multi-unit Foodservice operators. Answers Systems’ solutions provide real-time visibility into the performance of trading partner agreements and support quantifiable ROI improvements for its client base.

AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods (CPG) and Food and Beverage industries and a portfolio company of Argentum Group and CIBC Capital Partners, has acquired Synectics Group, a provider of Trade Promotion Management (TPM) solutions. AFS is the only global, end-to-end solutions provider of business enterprise and on-demand software solutions for the Food, Beverage, Consumer Packaged Goods and Supply Chain industries, serving over 1,000 customers with innovative, integrated and scalable products proven to automate processes, streamline data, expand visibility, reduce costs and drive sales growth. AFS’s solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers. Synectics Group has been focused on helping CPG manufacturers manage and get more ROI from trade promotion spending. Synetics Group’s Account Review provides real-time view of KPI’s, electronic work-flow, and audit tracking and is a true closed-loop trade promotion management (TPM) software which manages events through the entire promotional life-cycle and integrates to ERP systems.

NextDocs, a SharePoint based life sciences document compliance solutions provider, has received a Series A investment from OpenView Venture Partners, a Boston-based venture capital firm. NextDocs is the global leader in providing Microsoft SharePoint-based compliance solutions to life sciences organizations. It enables businesses in regulated industries to achieve compliance with FDA and other agencies while automating processes, improving efficiency and dramatically reducing costs. NextDocs customers include Pharmaceutical companies, Bio-Techs, Medical Device companies and CROs. OpenView Venture Partners is an expansion stage venture capital fund with a focus on high-growth software, Internet, and technology-enabled companies.

QuickParts, a leading custom parts services company and a portfolio company of Frontier Growth, has been acquired by 3D Systems (NAS: DDD), a leading provider of 3D content-to-print solutions. Quickparts is a custom manufacturing services company dedicated to providing customers with online, high touch customer care to procure low and high-volume custom parts. Quickparts provides its customers with instant, custom-generated quotations using QuickQuote®, a proprietary engine that evaluates the part geometry, required materials, lead-time, and quantity. 3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, parts and production systems. 3D Systems expertly integrates rapid prototyping and manufacturing solutions to reduce the time and cost of designing new products and printing real parts directly from digital input.

Compliance Coach, Inc., a company that provides risk assessment software, e-learning and additional tools to enable compliance with applicable laws and regulations, has been acquired by FIS (NYSE: FIS), a global banking and payment technology provider. Compliance Coach’s products include Regulatory University, Compliance Risk Indicator and Compliance Pal, which currently support some 1,500 clients, including seven of the top 10 banks within the financial services industry. FIS develops solutions in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. Annually, FIS facilitates the movement of roughly $9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.

Invensys Operations Management (IOM), a division of Invensys, has acquired Skelta Software, a provider of enterprise-wide business process management (BPM) and advanced workflow software solutions. IOM is a leading provider of automation and information technology, solutions to the global manufacturing and infrastructure industries. The company’s products – Avantis, Eurotherm, Foxboro, IMServ, InFusion, SimSci-Esscor, Triconex and Wonderware – are used by more than 40,000 clients around the world in more than 200,000 plants and facilities. The Skelta BPM suite offers capabilities for business process modeling and execution and includes integrated capabilities for business rules management, forms management, document management and business activity monitoring as well as connectors to popular Microsoft offerings such as SharePoint, BizTalk and Microsoft Office.