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PLATFORM  |  EDUCATION · Higher Education
SEPTEMBER 14, 2026
Define Capital acquires Synergy Gateway Verified
TARGET
Synergy Gateway Verified
Student clinical and field placement compliance software for Canadian colleges and universities, collecting and verifying immunizations, police checks, certifications, and other placement requirements across 40-plus institutions.
OwnershipFounder-owned
Headcount13 FTEs
HeadquartersMississauga, Ontario
Leadership
Kapil Gupta, former CEO
Sell-side advisor
ACQUIRER
Define Capital
Permanent capital acquirer of profitable, niche B2B SaaS companies in Canada.
OwnershipFounder-owned
Capital raised$20 million CAD equity
Headcount8 FTEs
HeadquartersToronto, Ontario
Leadership
Narbe Alexandrian, Founder and CEO
Buy-side advisor
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ITS (Internet Testing Systems) – secure online assessment management, delivery, and reporting software for certification, credentialing, academic, and professional testing programs worldwide 
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Main Capital Partners acquires Watermark (TCV) Higher EducationSEP 16
Watermark – assessment, accreditation, faculty activity reporting, and course evaluation software for colleges and universities, serving approximately 1,500 institutions worldwide 
Wooclap (Impact Expansion) acquires Vevox Corporate & Workforce TrainingSEP 15
Vevox – live polling, anonymous Q&A, and quizzing platform for university lecturers and corporate training teams seeking real-time audience engagement 
Gruppo Spaggiari Parma (Ambienta) acquires ESDS (E-Schooling Dream Shaper) K-12SEP 15
ESDS (E-Schooling Dream Shaper) – school management-information-system software for K-12 institutions across Iberia and Latin America, offering the eSchooling and iScholar admin platforms plus DreamShaper for project-based learning 
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