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THE DEAL REGISTER · WEEK ENDING AUGUST 21, 2026
Francisco Partners takes Weave Communications.
Also today: Thoma Bravo, KKR, Warburg Pincus, and 11 more strike software deals.
66 Deals | 19 Sectors 21 Platform | 38 Strategic | 7 Growth 1 Venture Watch
Tap any deal for the full record
AUTOMOTIVE
Ridgeview Partners takes Pinewood Technologies Group private
£545M Equity Value — Cloud-native dealer management system and automotive intelligence platform serving vehicle dealerships and OEMs across sales, aftersales, accounting, and CRM in over 20 countries
CONSTRUCTION/AEC
Addnode Group acquires ACAD-Plus Inc.
AutoCAD-based computer-aided facilities management (CAFM) software for space utilization, asset tracking, and compliance at universities, healthcare facilities, and public sector organizations
Sage Group acquires Bangert, Inc.
AI-enabled construction ERP onboarding and implementation software for general contractors, including the proprietary AskRichard guided-workflow platform for Sage Intacct Construction users
CYBERSECURITY
Cisco acquires Splunk
$28B Equity Value — SIEM, security analytics, and observability platform enabling enterprises and government agencies to ingest machine data for threat detection, incident investigation, and IT monitoring
Integrity Growth Partners invests in Prevalent AI
$22M Invested — Security data fabric and knowledge graph platform that cleans, connects, and contextualizes fragmented enterprise data for security teams and AI agents at global banks, telecoms, insurers, and critical infrastructure operators
Fortinet acquires Virtue AI
AI runtime protection and automated red-teaming software for enterprise AI models, applications, and autonomous agents, sold to enterprises deploying generative AI at scale
Systematic Growth acquires 4Secure
Cross-domain and secure data transfer software (TrustedFilter®) for defence, government, and critical national infrastructure organisations requiring secure inter-network data exchange
Brinqa acquires PlexTrac
Pentest reporting, offensive security validation, and vulnerability workflow software for penetration testers, security consultants, and enterprise security teams
Thoma Bravo recapitalizes Sophos reported
Endpoint, network, email, and cloud cybersecurity software plus managed detection and response (MDR) services sold to businesses of all sizes worldwide
Cribl acquires Radiant Security
AI-native SOC automation software that autonomously triages, investigates, and resolves security alerts for enterprise security operations center teams
DEVTOOLS/INFRASTRUCTURE
Oakley Capital acquires Graphwise
Knowledge graph database and semantic layer software enabling enterprises to structure and contextualize data for more accurate, auditable enterprise AI; sold to large financial services, life sciences, and public sector organisations
Hewlett Packard Enterprise acquires Juniper Networks
$14B Equity Value — Networking hardware and software company selling routers, switches, firewalls, and AI-native network management software (Mist AIOps) to enterprises, service providers, and cloud customers
Dynatrace acquires Arize AI
$915M Purchase Price — AI observability and evaluation platform that helps AI engineering teams trace, debug, evaluate, and monitor LLM applications and autonomous agents across the full development-to-production lifecycle
Stripe acquires OpenRouter reported
$7B+ Purchase Price — Unified API routing developer and enterprise AI requests across 400-plus large language models, with cost optimization, provider failover, and integrated billing
DoiT (Charlesbank Capital Partners) acquires Attribute
Est. $65M Deal Value — Runtime FinOps and cloud cost attribution software using eBPF to allocate cloud and AI infrastructure spend to customers, teams, features, or agents without tagging — sold to engineering and finance teams at SaaS and technology companies
Anthropic acquires Decart AI reported
$6B Valuation — GPU chip-optimization and real-time generative video model software sold to AI labs, cloud providers, and enterprise developers seeking lower training and inference costs
Databricks acquires Neon
$1B Purchase Price — Serverless PostgreSQL database platform for developers and AI agents, with autoscaling, database branching, and point-in-time recovery; used by OpenAI, Adobe, Replit, and Vercel
AMD acquires Silo AI
$665M Purchase Price — Custom AI model development, LLM training, and end-to-end AI platform and infrastructure services for large European enterprises including Allianz, Philips, Rolls-Royce, and Unilever
SpaceX acquires Cursor
$60B Purchase Price — AI-powered coding assistant and IDE for software developers, enabling code writing, editing, debugging, and agentic coding tasks
SAP acquires Dremio
Open, high-performance data lakehouse platform enabling enterprise data and analytics teams to run SQL queries, BI, and AI workloads directly across cloud and on-premises data sources without ETL or data movement
AMD acquires FastFlowLM
LLM inference runtime software purpose-built for AMD Ryzen AI NPUs, enabling fast, energy-efficient local large language and multimodal model execution on AI PCs and workstations
Dash0 acquires Polar Signals
Always-on continuous profiling software for CPU, memory, and GPU (CUDA/NVIDIA) workloads in production, used by cloud engineering and infrastructure teams to cut costs and diagnose performance incidents
ENERGY/UTILITIES
Mitsubishi Electric acquires PCI Energy Solutions
$1.4B Purchase Price — Power trading, generation scheduling, and grid optimization SaaS for U.S. electric utilities, public power entities, and independent power producers
Metlen Energy & Metals acquires Joule
Virtual power plant and renewable energy portfolio management software (jHub) for remote monitoring, production forecasting, and curtailment control, sold to renewable energy producers and aggregators
Energy One acquires GMSL (Gas Management Services Limited)
Gas and power nominations scheduling and portfolio management software for European energy shippers, traders, and utility companies, including PowerTrak and Chorus SaaS products
FINTECH
Stripe and Advent International takes PayPal private reported the read ›
$53.4B Enterprise Value — Online payments platform enabling merchants and consumers to send, receive, and process payments via PayPal, Venmo, Braintree, and Xoom across checkout, P2P, BNPL, and credit products
Warburg Pincus takes Netfonds AG private the read ›
EUR 78.25 Deal Value — B2B cloud platform (finfire) providing investment advisory, portfolio management, transaction processing, and regulatory compliance software to independent financial advisors, insurance brokers, fund managers, and banks in Germany
Stigg acquires Received.ai
Contract-based invoicing and billing automation software for B2B companies, automating usage, hybrid, and recurring pricing models with revenue recognition and CRM sync
GOVTECH
Tyler Technologies acquires CODY Systems
Records management (RMS), CAD, and cross-agency data-sharing software for state, local, and federal law enforcement and public safety agencies
Arthur Ventures invests in Emergent 3
School safety and emergency response SaaS platform serving K-12 districts, universities, hospitals, and enterprises with smart mapping, real-time alerts, and first-responder coordination
HEALTHCARE
Francisco Partners takes Weave Communications private the read ›
~$650M Equity Value — AI-powered patient communication, engagement, and payments platform for small and medium-sized dental, optometry, veterinary, and medical practices
Maguar Capital Partners acquires Schlafender Hase
Deterministic content verification and proofreading software for pharmaceutical and medical device companies, automating error detection in labels, packaging artwork, and regulatory documents
Providence Equity Partners acquires CheckedUp
Specialty point-of-care education and engagement platform delivering condition-specific content via waiting-room TVs and interactive exam-room wallboards to specialty physician practices and hospital systems on behalf of pharmaceutical brands
R1 (TowerBrook Capital Partners +1) acquires Humata Health
End-to-end prior authorization automation software for hospitals, health systems, and physician groups, covering intake, clinical documentation bundling, payer submission, and post-authorization monitoring
Trusted Health acquires ShiftOS
Agentic nurse scheduling software for hospitals and health systems that autonomously builds schedules, fills call-offs, handles shift swaps and PTO requests, and tracks licenses and compliance
Hg invests in Nourish Care (Livingbridge)
Digital care planning and records software for UK residential, nursing, domiciliary, and supported-living care providers, used to plan, record, coordinate and report on care delivery
HOSPITALITY/RESTAURANTS
Micros South Africa (Adapt IT) acquires Travel Trackers
Business intelligence, reporting, and analytics software for guided African safari operators, lodge managers, and tour operators tracking sales, operations, and performance trends
Orchestra (Travelsoft) acquires Afidium
Airfare optimisation, PNR quality control, and multi-source booking automation software for tour operators and travel agencies in France and Europe
HR/PAYROLL
Hollyport Capital (Viking Growth) takes a minority stake in Talentech
€160m Invested — Recruitment, onboarding, and talent management SaaS platform serving SMEs, large enterprises, and public-sector organisations across the Nordic region
INDUSTRIAL/MANUFACTURING
Virtualware acquires Virtalis (Alpina Partners)
€5M Fixed Purchase Price — RT3D visualization and VR software for design review, training, and plant layout planning used by aerospace, defence, and energy manufacturers including BAE Systems, Lockheed Martin, and Ford
INSURANCE
Copart takes CCC Intelligent Solutions private reported
AI-powered SaaS platform for auto insurance claims, collision repair estimating, and total-loss workflows connecting insurers, repairers, parts suppliers, and automakers
Stone Point Capital acquires Ever.Ag Risk Management Business (Ever.Ag)
Commodity risk management services for agricultural producers, processors, cooperatives and manufacturers across dairy, swine, cattle and grain sectors, delivered via insurance placement, derivatives brokerage…
adesso SE acquires omni:us
AI-powered end-to-end claims automation software for P&C and health insurers, managing the full claims lifecycle from FNOL to settlement via its Digital Claims Adjuster platform integrated into existing core systems and legacy applications
LEGAL
Elevate acquires Lupl
AI-native legal matter management and workflow automation software for law firms and corporate legal departments, covering task tracking, budgeting, client collaboration, and progress reporting across complex multi-jurisdictional matters
MARTECH
TriCarbs BidCo AB (Triton Partners) takes Cint Group AB private
SEK 1,989M (~$215M) Valuation — Programmatic survey exchange and media measurement software connecting brands, market researchers, and academics to a global network of 130M+ respondents for digital insights and ad campaign effectiveness measurement
Salesforce acquires Contentful
$1B–$1.5B (reported, Not Officially Disclosed) Purchase Price — API-first headless CMS and composable content platform enabling enterprise marketing, commerce, and digital teams to manage and deliver structured content across web, mobile, email, and other channels
Diginex Limited acquires Resulticks Global Companies Pte. Limited
$1.05B Equity Value — AI-powered omnichannel customer engagement and CDP platform unifying customer data, cross-channel orchestration and real-time analytics for Fortune 1,000 enterprise brands
St. Joseph Inc. acquires Fastbase AI Corporation
Web analytics and B2B lead-generation SaaS whose flagship product WebLeads integrates with Google Analytics to identify website visitors by company name and contact information for B2B marketers
MEDIA/ENTERTAINMENT
Public Investment Fund (PIF), Silver Lake, Affinity Partners (Silver Lake) takes Electronic Arts private the read ›
$55B Enterprise Value — Video game developer and publisher of sports, action, and life-simulation franchises including EA SPORTS FC, Madden NFL, Apex Legends, Battlefield, and The Sims, sold to consumers across consoles, PC, and mobile worldwide
Adobe acquires Topaz Labs
AI-powered image and video enhancement software — upscaling, denoising, sharpening, stabilization, and restoration — sold to professional photographers, videographers, filmmakers, and digital artists worldwide
KKR takes a minority stake in BookMyShow
Online ticketing and live entertainment platform for movies, concerts, sports and theatre, covering 7,000+ cinema screens and 700+ cities across India and select Southeast Asia markets; owned and operated by Bigtree Entertainment
REAL ESTATE/PROPTECH
Providence Equity Partners acquires Hometrack (Silver Lake)
Automated valuation model (AVM), property risk data, and cloud-native mortgage decisioning software serving 16 of the top 20 UK mortgage lenders and all top 14 Dutch lenders to support residential underwriting decisions
CVC Capital Partners acquires OpenRent
Online letting platform for private UK landlords covering property advertising, tenant referencing, contracts, deposits, and rent collection, serving 8.8 million landlords and tenants
Volaris Group (Constellation Software) acquires Alertacall
Tenant engagement and safety SaaS platform with dedicated hardware for social housing providers and retirement living operators to maintain regulatory-compliant contact with older and vulnerable residents across the UK
Sunriver Capital Partners invests in VERO
Resident screening and risk management platform for multifamily owners, operators, and property managers, automating identity and income verification, fraud detection, credit and criminal checks, and leasing decisions in a single system
TurboTenant (LLR Partners) acquires TenantCloud
End-to-end rental property management software for independent landlords and property managers, covering tenant screening, online rent collection, lease management, maintenance tracking, and accounting
CoStar Group acquires Zonda
New home construction data, analytics and marketing software for homebuilders, developers and real estate professionals
SUPPLY CHAIN/LOGISTICS
Foods Connected (Apax Partners) acquires HarvestMark Quality Insights
Food quality inspection and insights software used by food manufacturers and retailers to manage on-site produce and supplier quality inspection workflows, formerly branded under iFoodDS's HarvestMark product line
HORIZONTAL SAAS
THL Partners acquires Queue-it (GRO Capital)
Virtual waiting room and online traffic orchestration SaaS for enterprises, governments, and ticketing companies managing high-demand traffic peaks and bot threats
Headlight Partners invests in RepSpark
$22M Invested — B2B wholesale e-commerce platform for specialty sport, golf, outdoor, and lifestyle apparel brands, enabling digital ordering, product customization, digital catalogs, and AR management for brands selling through specialty retailers
Salesforce acquires Fin (formerly Intercom) the read ›
$3.6B Purchase Price — AI customer service agent platform resolving end-to-end support queries across chat, email, WhatsApp, phone, and Slack for B2B mid-market and enterprise businesses
Uniguest (Atlantic Street Capital) acquires Visix
Cloud-based and on-premise digital signage content management, room scheduling, and wayfinding software for corporate campuses, universities, healthcare systems, and government facilities
Banyan Software acquires Simunix Holdings Limited
People and business search, ID verification, and geo-location data software for UK police forces, logistics, financial services, and compliance organisations via ORBIS and T2A platforms
Symetri (Addnode) acquires SpaceIntel
Virtual facilities management platform using AI, VR, and predictive analytics to help hospitality, quick-service restaurant, manufacturing, healthcare, and commercial office operators manage assets and maintenance remotely
STAEDEAN (Rivean Capital) acquires Golden EDI
EDI, e-invoicing, and cross-platform integration software enabling Microsoft Dynamics 365 Business Central users to exchange documents and data with trading partners and third-party systems
OTHER
Geoxyz acquires DotOcean
Autonomous vessel control and situational awareness software for maritime operators, port authorities, survey and dredging companies, and defence organisations
VENTURE WATCH  vertical software rounds worth knowing
Anthony Lacavera (Globalive) leads a round in CAMO Hospitality
$4M Invested — Hotel-branded room service ordering and fulfillment platform for hotel properties without on-site kitchens, replacing third-party delivery apps
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