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Japan Post Insurance Invests $2 Billion in Global Atlantic Vehicle

KKR
  • Latest milestone in strategic partnership to accelerate Japan Post Insurance’s global growth strategy
  • Reinforces both KKR and Global Atlantic’s deep commitment to Japan, and serving the needs of the expanding global insurance market

TOKYO & NEW YORK–(BUSINESS WIRE)– Japan Post Insurance Co., Ltd. (“Japan Post Insurance”), KKR & Co. Inc. (together with its subsidiaries, “KKR”), and Global Atlantic, a leading provider of retirement security and investment solutions, and a wholly-owned subsidiary of KKR, today announced the signing of definitive agreements under which Japan Post Insurance will invest $2 billion (approx. JPY 300 billion) in a new vehicle (the “Vehicle”) sponsored by Global Atlantic.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250729224140/en/

Japan Post Insurance’s commitment is over 50% of the Vehicle,1 which is expected to have access to Global Atlantic’s insurance, reinsurance and strategic activity, and to commence operations in the first half of 2026, subject to customary regulatory approvals.

This transaction marks an additional investment by Japan Post Insurance in a vehicle sponsored by Global Atlantic and is a part of the strategic partnership that Japan Post Insurance, KKR, and Global Atlantic announced in June 2023. Both KKR and Global Atlantic’s track record of providing differentiated investment capabilities and insurance expertise to serve the international insurance market is expected to significantly advance Japan Post Insurance’s global growth strategy and further diversify its revenue sources.

This strategic partnership reinforces KKR and Global Atlantic’s commitment to Japan, a core market where KKR has operated in for two decades, while advancing their global insurance strategy. The collaboration also enhances their ability to deliver tailored asset management and reinsurance solutions for insurance clients worldwide. Building on Global Atlantic’s strong track record in retirement security and investment solutions, Japan Post Insurance’s investment will support Global Atlantic’s continued expansion across the U.S. and international markets to address growing retirement needs in rapidly aging populations globally.

Japan Post Insurance’s investment will be made over time. Japan Post Insurance expects that this investment will have minimal impact on its consolidated financial results for the fiscal year ending March 31, 2026. Japan Post Insurance will promptly make a market disclosure if it becomes clear that this investment will have an impact on its business performance.

Kunio Tanigaki, Director and Representative Executive Officer, President and CEO of Japan Post Insurance, said, “This investment is a part of our phased approach to our strategic alliance agreement with KKR and Global Atlantic, which we signed in June 2023 with the aim of expanding into new areas of collaboration. In the two years that have passed since establishing this alliance, we have deepened our mutual understanding and come to appreciate the significant presence of KKR and Global Atlantic in the U.S. market, and are pleased to invest in this new vehicle sponsored by Global Atlantic. We believe that this investment will enable Japan Post Insurance to diversify our revenue sources by capturing revenues from the robust U.S. annuity market and reinsurance markets globally and continue to build on our win-win relationship with KKR and Global Atlantic.”

Joe Bae and Scott Nuttall, Co-CEOs of KKR, said, “We are proud to deepen our relationship with Japan Post Insurance, one of Japan’s leading insurance institutions, through their investment in Global Atlantic’s vehicle. This collaboration reflects the strength of our global insurance platform and our shared commitment to growth as we pursue the opportunity together.”

“We are delighted to expand our strategic partnership with Japan Post Insurance and pursue new opportunities for growth and collaboration,” said Billy Butcher and Manu Sareen, Co-Heads of Global Atlantic. “Japan Post Insurance’s commitment to deploy capital alongside Global Atlantic validates the growing value of our global platform. The investment will accelerate our ability to pursue growth opportunities we see in the U.S., Japan, and other international markets, and support the needs of our clients, policyholders and partners.”

About Japan Post Insurance

Japan Post Insurance is a Japanese life insurance company that offers a wide range of life insurance products, mainly for individuals, such as endowment insurance and whole life insurance. Following the privatization and division of Japan Post, it was established as a Japan Post Group company on October 1, 2007. As a member of the Japan Post Group, it offers products for individuals through its branch Japan Post Service Department and the nationwide post office network owned by Japan Post Co., Ltd., as well as corporate services through its branch corporate sales department.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About Global Atlantic

Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S. and Bermuda. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com.

Global Atlantic is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.

Forward-Looking Statements

This document contains forward-looking statements. Such forward-looking statements may be identified by words such as “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “target,” “intend,” “continue,” “believe,” or the negative of these terms or other similar expressions. These forward-looking statements are based on current assumptions and expectations. Actual events or performance may differ materially from those suggested or intended by the forward-looking statements, as they are subject to various risks, uncertainties and uncertainties, including whether the Vehicle will generate the expected benefits. Japan Post Insurance is under no obligation to change or revise such information in light of new information, future events or other circumstances. Past performance is not a guarantee of future performance.

1 Japan Post Insurance expects to hold a 10% stake in the vehicle in terms of voting rights, after obtaining regulatory approvals.

For KKR:
Wei Jun Ong or Kenny Juarez
media@kkr.com

For Global Atlantic:
Jenn Bernstein
Jennifer.Bernstein@gafg.com

Source: KKR

 

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One Equity Partners, Warburg Pincus and Green Cement Investments to Sell Eco Material Technologies to CRH

Warburg Pincus logo

Launched by One Equity Partners, Warburg Pincus and Green Cement Investments in 2022, Eco Material Technologies is well-positioned under CRH’s stewardship to maintain its growth trajectory

New York – July 29, 2025 – One Equity Partners (“OEP”), a leading middle market private equity firm, Warburg Pincus, the pioneer of global growth investing, and Green Cement Investments today announced an agreement to sell Eco Material Technologies (“Eco Material”) to CRH (NYSE: CRH) for a total consideration of $2.1 billion. Eco Material Technologies is a leading independent supplier of Supplementary Cementitious Materials (“SCMs”) in North America.

Eco Material was formed in 2022 from the merger of Boral Limited’s North American fly ash business and Green Cement Inc, a manufacturer of near-zero-carbon cement alternatives. Eco Material is headquartered in Utah and operates a national network of fresh and harvested fly ash, pozzolans, synthetic gypsum and green cement operations distributed across a network of over 125 utility source locations, production facilities and terminals. The company partners with leading electric utilities to process and recycle approximately seven million tons of fly ash and three million tons of synthetic gypsum and other materials annually, with significant additional capacity currently under construction.

“During our partnership, Eco Material has achieved significant growth by scaling industry-leading technological solutions and continuing to expand its network of cement alternatives across North America,” said Matt Hughes, Partner at OEP. “We are proud of the progress our partnership has generated, and we are confident that CRH will shepherd in a new chapter of growth by leveraging its national distribution network and innovation capabilities to better serve the combined companies’ customers,” said Roy Ben-Dor, Managing Director and Head of Energy Transition and Sustainability at Warburg Pincus.

“We thank One Equity Partners and Warburg Pincus for their investment and partnership, which were instrumental in building the strong foundation from which we now embark on this next chapter,” said Grant Quasha, CEO of Eco Material. “We’re incredibly proud of the growth we have achieved together since 2022, and we are excited for our future with CRH and the opportunities ahead of our combined organizations.”

The proposed transaction is subject to regulatory approval and customary closing conditions and is expected to close in 2025.

Jefferies LLC is serving as financial advisor and Latham & Watkins LLP is serving as legal advisor to Eco Material.

About Eco Material Technologies

Eco Material is a leading producer, marketer and distributor of ash-based SCM products in North America. Eco Material is also a leading environmentally focused, near-zero carbon cement producer in the United States. SCMs are the most impactful, environmentally friendly alternative materials to portland cement that significantly reduce the CO2 footprint and improve the performance and longevity of cement’s end-product, concrete. Coal ash and volcanic ash are used to replace a portion of emissions intensive portland cement in concrete and can be further upgraded to its higher performance Green Cement products by the Company. Eco Material also supplies services to electric utilities related to management of coal ash and other coal combustion products and recycles over 10 million tons per year of material into beneficial use – reducing emissions and avoiding landfilling of material.

About One Equity Partners

One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt, and Amsterdam. For more information, please visit www.oneequity.com.

About Warburg Pincus
Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $87 billion in assets under management, and more than 220 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

Media Contacts

Eco Material Technologies

Mindy Ward
Marketing Manager
Mindy.Ward@ecomaterial.com

Warburg Pincus

Kerrie Cohen
Global Head of Communications & Marketing
kerrie.cohen@warburgpincus.com

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Health Partners announces Partnership with Warburg Pincus to Support Next Phase of Growth

Warburg Pincus logo

London, 29 July 2025 – Health Partners, the UK’s leading provider of B2B occupational healthcare services, today announced a partnership with Warburg Pincus, the pioneer of private equity global growth investing. Co-founders Andrew Noble and Dr. Alasdair Emslie will continue to lead the business, and together with the entire management team, are fully committed to the company’s long-term growth, development and vision to build the undisputed #1 integrated employee health provider in the UK.

Health Partners, founded in 2016 and headquartered in the UK, is a full-service occupational health provider delivering end-to-end solutions covering the full absenteeism management value chain including assessment, treatment, and prevention. The company supports over 700 private and public sector clients, operating across all markets in the UK and Ireland.

Together with Warburg Pincus, as a technology-focused growth partner with decades-long experience in the healthcare services sector, Health Partners will accelerate its investment in innovation — particularly in areas such as proprietary IT systems, digital health services and data-enabled service delivery – to maintain the highest standards of clinical care whilst continuing its strong growth trajectory.

Co-founders Andrew Noble, Chief Executive Officer, and Dr Alasdair Emslie, Chief Medical Officer, of Health Partners, commented:

“We created Health Partners to make a difference to people: our colleagues and clients’ employees alike. By putting people first, we want to show how occupational health can be done better and have a real, lasting impact on people’s lives. We are thrilled to partner with Warburg Pincus for this exciting phase of growth as we continue to advance workplace healthcare to make a measurable difference to the quality of people’s health and wellbeing.”

Max Fowinkel, Managing Director and Head of Europe Technology, Warburg Pincus, commented:

“Andrew, Alasdair and the team have a tremendous track record and have successfully built Health Partners from the ground up into the exceptional business it is today. Warburg Pincus shares Health Partners’ vision to create the UK’s #1 integrated employee health provider. We are delighted to partner with this entrepreneurial team and, together, we will accelerate the company’s next phase of growth and technology innovation with the ultimate goal to make the life and health of many millions of UK employees better.”

—-

About Health Partners

Health Partners Group Limited is the UK’s leading corporate health and wellbeing provider. Established in 2016, the business has grown to support hundreds of clients, and more than three million employees, across the UK.

Today, the business employs over 1,300 clinicians and support staff, who are continually innovating and expanding Health Partners’ services to help organisations improve and safeguard the health of their employees.

Absence from work is a significant cost to businesses and families. Health Partners provides support to employees and their employers, with a range of treatment services to support employees’ health at work. These include mental health services, physiotherapy, health screenings, wellbeing, neurodiversity coaching, onsite primary care and laboratory services. For more information, please visit: https://www.healthpartnersgroup.com

About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $87 billion in assets under management, and more than 220 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

Media contact:

Alice Gibb
+44 7827 309320
Alice.gibb@warburgpincus.com

Categories: News

Bridgepoint to partner with HBC to build a leading insurance distribution platform

Bridgepoint
  • Bridgepoint to acquire a majority stake in HBC from Preservation Capital Partners
  • HBC has quadrupled its EBITDA since inception through a combination of organic growth and M&A
  • The partnership will support HBC’s strategy to accelerate M&A, scale its MGA engine, and drive organic growth and digitisation

 

Bridgepoint, one of the world’s leading quoted private asset growth investors, today announced that it has agreed to acquire a majority stake in HBC (Hanseatic Broking Center), a leading independent SME+ insurance distribution platform in the DACH region. The transaction sees Bridgepoint partner with the HBC management team and founders, who will remain significantly invested, while Preservation Capital Partners will fully exit its holding.

Founded in 2022 through the merger of three long-established specialty brokers and a managing general agent (MGA), HBC has quickly established itself as one of the leading consolidators in the DACH region. MGAs are insurance intermediaries authorised to underwrite policies and manage claims on behalf of insurers, often operating in niche or complex markets like marine, travel or cyber insurance where specialist expertise is essential. Since inception, the business has quadrupled its EBITDA through a combination of continued organic growth and M&A.

The platform serves over 40,000 clients across multiple insurance lines and generates over a third of its revenue from its fast-growing MGA segment. It is led by Executive Chairman and co-founder Gert Schlossmacher and CEO and co-founder Hauke Martinsen, who together bring more than 60 years of experience across the insurance value chain.

With Bridgepoint’s support, HBC aims to build a fully integrated platform combining specialist commercial broking and MGA capabilities and accelerate its growth across the DACH region and beyond.

Recent acquisitions have strengthened HBC’s capabilities across priority lines and regions, including LTA, a travel-focused MGA; Schomacker, a boat hull and liability broker; and Schinner, a property specialist. These additions reflect HBC’s strategy of expanding its specialist offering and deepening underwriting capabilities to meet growing client demand.

That demand is being driven by macro trends. The German SME insurance market is the largest in Europe, generating €37bn in gross written premium and €5bn in broker commissions. With broker penetration at 60%, significant consolidation white space remains in the mid-sized broker segment. Meanwhile, the German MGA market – currently just 5% penetrated – is expected to grow c.15% annually as insurers increasingly outsource underwriting.

Bridgepoint brings deep experience in financial services and specialist distribution, and consolidation plays, having backed platforms such as Element, Kereis and a number of insurance-focused consolidators across Europe. The transaction also continues Bridgepoint’s strong track record in supporting businesses in the DACH region, including investments in Axplora, a leading API manufacturer headquartered in Germany; Infinigate, a cybersecurity software distributor based in Switzerland with significant operations in the DACH region; and PTV Group, a German mobility software company focused on transport and logistics optimisation.

Gert Schlossmacher, Co-Founder and Executive Chairman of HBC, said:

“Our vision has always been to build the leading integrated insurance distribution platform for SMEs in Germany, combining local expertise, specialist knowledge and digital tools to serve a segment that’s still significantly underserved. With Bridgepoint, we’ve found a partner that understands both the opportunity and the operational discipline needed to capture it. This partnership allows us to accelerate our M&A strategy, scale our MGA capabilities, and continue building a platform that’s attractive for clients, carriers and entrepreneurs alike.”

Hauke Martinsen, Co-Founder and CEO of HBC, said:

“We’ve built HBC around a clear belief: that specialist, independent advice is more important than ever for SMEs. I’m proud of what we’ve created so far, a platform that brokers trust, clients rely on, and insurers want to partner with. With Bridgepoint behind us, we’re in a great position to keep scaling that model, strengthen our MGA proposition, and unlock even more opportunities for our team and our clients.”

Chris Brackmann, Partner at Bridgepoint with responsibility for investments in DACH, said:

“HBC is a standout business in a structurally attractive market: an ambitious, founder-led platform with a proven track record of growth. With strong market fundamentals and visible white space for consolidation, we see a clear opportunity to build the leading platform in the DACH region. We’re excited to partner with Gert, Hauke, Sebastian, Johannes and the team to help realise that ambition and create the next leader in European insurance distribution.”

Carsten Kratz, Partner at Bridgepoint and Head of DACH, said:

“Germany’s SME sector is the backbone of the economy yet remains underserved when it comes to tailored insurance solutions. HBC stands out for its entrepreneurial team, specialist focus, and impressive growth trajectory. With a strong foundation and clear strategic direction, we see significant potential to help HBC scale further, deepen its MGA capabilities, accelerate digitisation, and broaden its reach across the region.”

Jeroen Bischops and Armin Holeisen, Preservation Capital Partners, said:

“It has been a privilege to support Gert and the team through HBC’s formative years. In just three years, they’ve built one of the most dynamic and fastest-growing insurance distribution platforms in Europe. Our ambition from the outset was to support the team in creating a best-in-class integrated insurance distribution platform, and we’re extremely proud of what we’ve achieved together. We look forward to seeing the next chapter of HBC’s development under Bridgepoint’s ownership and sincerely wish management and Bridgepoint all the best for the future.”

The transaction is subject to customary closing conditions, including regulatory approval and is expected to complete in Q3 2025.

Bridgepoint was advised by Rothschild & Co (Financial Advisor), Nomura (Financial Advisor), Kirkland & Ellis (Legal Advisor), McKinsey & Company (Commercial Advisor), EY (Financial, Tax, Cyber, ESG), Ommax (AI/Digital), and Schuberg Philis (IT).

HBC and PCP were advised by Macquarie Capital (Financial Advisor), Sidley Austin (Legal Advisor), PwC (Financial and Tax Advisor), L.E.K Consulting (Commercial Advisor), BMS Group (W&I Advisor) and Chris Patrick Consulting (Debt Advisor).

Bridgepoint Group is one of the world’s leading quoted private asset growth investors, specialising in private equity, infrastructure and private credit.

With over $86 billion of assets under management and a strong local presence in Europe, North America and Asia, we combine global scale with local market insight and sector expertise, consistently delivering strong returns through cycles.

Bridgepoint Advisers Limited, a subsidiary of Bridgepoint Group plc, is authorised and regulated by the Financial Conduct Authority.

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How lakeFS is versioning the way to enterprise AI innovation

Dell

How lakeFS is versioning the way to enterprise AI innovation

How lakeFS is versioning the way to enterprise AI innovation

In the modern enterprise, vast amounts of data are continually gathered, refined, and then used for an ever-growing number of AI-driven internal and end-customer use cases. Right now, there’s not an organization on the planet that does not endeavor to do this with greater speed, scale and security, and across every data type and format they’ve got.

Long before the “everything better with AI” fervor swept the enterprise, lakeFS co-founders Einat Orr and Oz Katz saw an opportunity to help streamline and ensure data integrity for data science and engineering workflows with a novel, yet proven approach: manage the data like code. “Git for data” was the idea and that served as the basis for the company’s eponymous open-source project.

At the time Orr and Katz kicked off lakeFS, version control was an often used but siloed capability for software development. But as the need for repeatable and reliable data delivery grew, lakeFS’ popularity surged. Now, version control is emerging as a fundamental layer in AI infrastructure. And lakeFS just raised a $20 million funding round from DTC and other investors to help companies train better models and build better applications by focusing on the key ingredient: their multimodal data.

“When you are training AI models, you rely on multimodal data. And organizations that don’t have the right infrastructure to support this will struggle to get AI systems into production,” Einat Orr, who serves as CEO, said. “Everyone is rethinking their data architecture, because they need to navigate a very stormy world. Things are not stable. You want to build an infrastructure that will take you through that, and that serves you as the AI revolution is happening and evolving.”

Tenured engineers, Orr and Katz knew first-hand the struggles of manually recovering lost assets. With lakeFS, data practitioners can easily version control data in a Git-like model. The technology takes the complexity out of managing data regardless of underlying format, across text, video and images. The result for customers like Lockheed Martin, Microsoft, NASA, Amazon and others is much faster time-to-market for new data-intensive use cases.

“Versioning is no longer something that a tool does for someone. It is an organizational infrastructure for the data that anyone who uses data in the organization can enjoy. And that infrastructure needs to support all data types, from all data sources, for the company’s AI needs,” Orr said.

Scale, reproducibility and trust

With lakeFS, at any moment, enterprises can log the state of every asset in any data repository, review past versions, and quickly revert back to prior states.

“That provides reproducibility. Since you can integrate lakeFS with other tools that you are using, you can have a synced reproducibility of your code, your data and your infrastructure,” said Orr.

Users can interact with the data how they want without compromising the original data set. As they make copies from object storage buckets like S3 and build upon those replications, lakeFS logs the assets and creates a lineage for easy auditing. Users can also expose any changes to team members, as well as integrate them back into the source data, ensuring consistency across the data set’s lifecycle.

“Today, there are many issues with people modifying data while others are still using it. A lot of confusion arises because the data is stored in a single location, like a shared folder” said Orr. “But with data versioning, collaboration and communication become much easier.”

And as fresh data comes in, lakeFS automatically blocks assets that don’t meet a certain quality threshold. This builds up over all trust in data domains and highlights the vital role the versioning layer now plays within enterprise infrastructure.

Everyone in an organization is interested in accessing different versions of their data. But when teams are off using their own versioning in their own tools, massive silos become the challenge. A git-for-data approach gives an organization versioning with full lineage and context.

Open technology, better results

‍Like other popular open-source projects before it, lakeFS’ vibrant community helps to quickly turn user feedback into new products and features. For example, with lakeFS Mount, users can quickly move experimental AI systems running on a laptop to a GPU, eliminating time-consuming integration shifts and further accelerating time-to-market.

And in a market besieged by subpar, half-baked AI tools, lakeFS’s open-source roots and the community built around it are powerful customer acquisition tools.

“Open technologies build trust. You know that a lot of people have tried it, you know how it was tested,” Orr shared. “The traction we have seen across our open source users has greatly and positively influenced the lakeFS roadmap. It’s also served as a foundation for strong relationships with customers like Amazon, Arm, Lockheed Martin, and Volvo. The fact that lakeFS is now cemented in enterprise AI tech stacks with customers of this caliber definitely fueled the demand for this round of growth funding.”

lakeFS announced a $20M growth round of funding, triple-digit growth, and the plans to expand its engineering and go-to-market teams.

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RealPage Acquires Rexera to Accelerate AI Innovation

Thomabravo

Acquisition brings together HomeWiseDocs, a RealPage company, with Rexera’s agentic AI workforce to expand AI capabilities across real estate transactions and operations services

RICHARDSON, Texas & SAN FRANCISCO—RealPage®, a leading global provider of AI-enabled software platforms to the real estate industry, further deepens its roots in AI innovation through its acquisition of Rexera, a pioneer in agentic AI for real estate operations.

By combining Rexera’s agentic AI workforce with HomeWiseDocs’ trusted HOA platform, RealPage is creating the first nationwide platform capable of delivering real estate transactions and operations services at scale — with unmatched speed, precision, and customer satisfaction.

These new capabilities will directly address some of the most time-consuming, manual pain points in real estate: HOA document retrieval, lien searches, mortgage payoffs, and compliance workflows. Together, RealPage and Rexera will make these complex processes faster, more accurate, and more effortless – for title agents, lenders, escrow officers, and ultimately the buyers and sellers they serve.

“By combining RealPage’s scale and the HomeWiseDocs platform with Rexera’s AI capabilities, we’re accelerating the transformation of real estate operations,” said Dana Jones, RealPage CEO and President. “Through this strategic acquisition, RealPage is leading the way in delivering innovative AI solutions to create meaningful value for our customers so they can focus on what matters most: serving their customers.”

“RealPage and Rexera share a commitment to solving the real estate industry’s most persistent challenges through innovative and intelligent technology solutions,” said Vishrut Malhotra, Rexera Co-founder and CEO. “By joining forces, we’re accelerating our ability to deliver transformative AI solutions that streamline operations, reduce friction, and create measurable value for our customers.”

About Rexera
Rexera makes real estate transactions effortless and meaningful for title and escrow companies and lenders. Rexera’s AI agents fully automate workflows—from HOA resale documents and municipal liens to mortgage payoffs and condo reviews—freeing clients to focus on growing their business and getting more referrals. Trusted by some of the largest title and lender firms, Rexera facilitates over 1% of all U.S. residential real estate transactions each month.

About RealPage, Inc.
RealPage improves the business of living.
RealPage is the leading global provider of AI-enabled software platforms to the real estate industry. The company offers the multifamily industry’s first agentic AI platform, Lumina AI™ Workforce, with a coordinated network of intelligent AI agents that work across leasing, operations, facilities, finance and resident engagement. By using RealPage solutions for operational excellence in the front office and throughout property operations, many leading property owners, operators and investors gain transparency into asset performance with data insights, enhancing experiences with customized tools and improving efficiencies to generate incremental yield. Founded in 1998 and headquartered in Richardson, Texas, RealPage joined the Thoma Bravo portfolio of market-leading enterprise software firms in 2021 to realize faster growth and innovation to serve more than 24 million rental units from offices in North America, Europe and Asia. In 2024-2025, RealPage has been recognized as one of America’s Best Employers by Forbes, one of America’s Best Employers for Women by Forbes, one of America’s Greatest Workplaces for Women by Newsweek, one of America’s Greatest Workplaces for Parents and Families by Newsweek, and has been certified as a Great Place to Work™ in India, the Philippines, the UK and the U.S. RealPage’s resident experience platform, LOFT, earned gold in the TITAN Innovation Awards.

Read the release on Business Wire here.

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Ambience Healthcare Announces $243 Million Series C to Scale its AI Platform for Health Systems

Oak HC FT

Oak HC/FT and Andreessen Horowitz (a16z) co-lead investment to accelerate the deployment of Ambience’s AI platform to transform clinical and administrative workflows for health systems across the country.  

Ambience Healthcare, the leading ambient AI platform for documentation, coding, and clinical documentation integrity (CDI), today announced a $243 million Series C round to scale its AI platform for health systems. The round was co-led by Oak HC/FT and Andreessen Horowitz (a16z), with participation from existing investors including the OpenAI Startup Fund, Kleiner Perkins, and Optum Ventures. New investors in the round include Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, and Founders Circle Capital.

Ambience was architected with the understanding that health systems are not monolithic enterprises. They span ambulatory clinics, emergency departments, and inpatient hospitals — each with distinct workflows, specialties, and clinical and administrative demands. Ambience integrates directly into the EHR to meet this complexity, enabling its platform to adapt to the unique context of each care setting and specialty without requiring workflow redesign or staff retraining.

Building on its foundation of industry-leading ambient scribing, Ambience has grown into the leading end-to-end platform for documentation, coding, and clinical workflow support that operates across the full continuum of care. Today, it supports more than 100 ambulatory subspecialties, EDs, and inpatient specialties, producing structured, compliant documentation that improves clinical quality, reduces administrative burden, and drives revenue-cycle performance. The platform is powered by proprietary AI reasoning models purpose-built to handle the nuanced regulatory, clinical, and operational demands of real-world healthcare.

“The market response to Ambience goes beyond customer satisfaction – it reflects genuine customer love,” said Vig Chandramouli, Partner at Oak HC/FT. “Ambience has developed a comprehensive AI platform that not only works across specialties and integrates seamlessly with EHR systems, but also meets the rigorous standards of compliance teams – a rare and powerful combination. We’re proud to support them.”

Ambience is now used by leading health systems across the United States, including Cleveland Clinic, UCSF Health, Houston Methodist, and Memorial Hermann. Adoption has been fastest in high-complexity subspecialties, the emergency department and inpatient settings — areas with the greatest documentation burden. In recent KLAS evaluations, Ambience achieved a 97.7 customer satisfaction score, with top marks for product quality and responsiveness. It is also the first ambient solution with third-party validated, CFO-approved ROI tied to improved coding accuracy and compliance.

“Documentation has long been a source of friction,” shares CEO Michael Ng. “Ambience is turning it into a source of strength — transforming how clinicians deliver care, how administrators run operations, and how patients experience the system.”

  • For clinicians: Automates documentation with ambient listening, preps them with specialty-specific chart summaries, and simplifies complexity with built-in features like ICD-10 assistant and real-time compliance engine — all directly inside their existing EHR workflow. This reduces cognitive burden and documentation time, freeing clinicians to focus on delivering their best patient care.
  • For administrators: Standardizes workflows across coding, quality, CDI, prior authorization, and utilization management by producing complete, compliant documentation in real time. Built-in support includes CDI & ICD-10 coding assist and structured chart output tailored for operational review — all at leading levels of compliance from data captured throughout the entire clinical workflow.
  • For patients: Enhances understanding and care follow-through with contextually aware ambient listening and clear after-visit summaries. With Ambience handling documentation in the background, clinicians stay more engaged — strengthening trust, communication, and overall care experience.

“When we first backed Ambience at the seed, we saw the potential for their ambient AI product to be the wedge into a number of essential clinical workflows over time,” said Julie Yoo, general partner at Andreessen Horowitz (a16z). “In a space now crowded with point solutions, the exceptional team at Ambience has executed impressively over the years by expanding into a robust platform, grounded in real clinical needs—tailored to subspecialties, trusted by frontline providers, and delivering clear value to health systems. We’re honored to continue to support Ambience to bring AI to the places where it’s needed the most in healthcare.”

With this new funding, Ambience will continue expanding its AI platform across health systems and accelerate the delivery of products that make administrative tasks invisible, data accurate by default, and care teams more effective everywhere.

About Ambience Healthcare

Ambience Healthcare is the leading AI platform for documentation, coding, and clinical workflow, built to reduce administrative burden and protect revenue integrity at the point of care. Trusted by top health systems across North America, Ambience’s platform is live across outpatient, emergency, and inpatient settings, supporting more than 100 specialties with real-time, coding-aware documentation. The platform integrates directly with Epic, Oracle Cerner, athenahealth, and other major EHRs. Founded in 2020 by Mike Ng and Nikhil Buduma, Ambience is headquartered in San Francisco and backed by Oak HC/FT, Andreessen Horowitz (a16z), OpenAI Startup Fund, Kleiner Perkins, and other leading investors.

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Clinisys Acquires Orchard Software

Franciso Partners

Strategic acquisition strengthens Clinisys’s leadership in laboratory informatics across the full spectrum of healthcare, life sciences, and public health.

TUCSON, Ariz.–(BUSINESS WIRE)–Clinisys today announces the acquisition of Orchard Software from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. The acquisition brings together two leaders in the LIS market and reaffirms Clinisys’s continued commitment to provide the laboratory informatics marketplace with cutting edge software advancements. The combined capabilities provide for comprehensive, flexible, and scalable informatics offerings that can better serve customers across the global diagnostics market.

“Joining forces with Clinisys marks a powerful new chapter for Orchard,” said Billie Whitehurst, Orchard’s CEO. “Our mission has always been to equip laboratorians with the tools they need to provide high-quality, efficient care. Clinisys shares that commitment and brings the global scale and innovation expertise needed to advance that mission even further.”

“We are excited to welcome Orchard to the Clinisys family,” said Michael Simpson, Clinisys’s CEO. “As a global leader in lab informatics, with over 45 years of domain experience, Clinisys has a clear strategy to create and deliver the next evolution of cloud-based laboratory solutions. As we continue to pursue excellence in developing both our world class solutions and our industry expertise, expanding with Orchard’s proven solution in the physician office, reference, and veterinary laboratory space was a clear decision for us. Together, we can better serve the entire spectrum of lab and diagnostic customers by enabling healthier and safer communities worldwide.”

Francisco Partners acquired Orchard Software in 2019 and since investing in the company, the firm has implemented a strategic transformation of the business, including modernizing Orchard’s product suite, enhancing its cloud solutions, and strengthening its leadership team.

“We are incredibly proud to have partnered with Orchard and supported its growth story over the past few years,” said Anders Mikkelsen, Principal at Francisco Partners. “We would like to thank Billie and the Orchard management team for their outstanding work to position the company for long-term success. Clinisys and Roper Technologies are the ideal strategic partners to support Orchard’s next growth chapter, and we look forward to seeing the company continue to thrive.”

The combination of Orchard’s LIS portfolio and Clinisys’s LIMS and diagnostic solutions creates new opportunities for customers across North America and international markets.

Aeris Partners served as the exclusive financial advisor and Kirkland & Ellis LLP served as the legal advisor to Francisco Partners and Orchard Software.

About Clinisys

Clinisys is a global provider of intelligent laboratory informatics solutions that support a healthier and safer world. Serving healthcare, life sciences, and public health customers, Clinisys is headquartered in Tucson, Arizona; Raleigh, NC; Woking, England; and Ghent, Belgium. Millions of laboratory results and data insights are generated every day using Clinisys’ platform and cloud-based solutions in over 4,000 laboratories across 39 countries. Learn more at www.clinisys.com.

About Orchard Software

Founded in 1993, Orchard Software is a pioneer in laboratory information systems designed to meet the needs of diverse clinical settings. Orchard’s award-winning products are used by more than 2,000 laboratories across the United States in physician groups, hospitals, reference labs, student health centers, veterinary clinics, and public health organizations. Learn more at www.orchardsoft.com.

About Francisco Partners

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 25 years ago, Francisco Partners has invested in more than 450 technology companies, making it one of the most active and outstanding investors in the technology industry. With more than $50 billion in capital raised, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit www.franciscopartners.com.

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Certivity receives 13.3 million euros for scaling

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Almaz Capital

Certivity receives 13.3 million euros for scaling

The Munich-based RegTech startup Certivity has raised 13.3 million euros in a Series A financing round. The round is led by Almaz Capital and UVC Partners, accompanied by existing investors Earlybird X, High-Tech Gründerfonds (HTGF) and Plug and Play.

The capital will be used to scale the AI-based platform, which digitizes, automates and structures technical compliance processes in companies.

Compliance becomes a competitive advantage

Founded in 2021 by Nico Waegerle, Bogdan Bereczki, Jörg Ulmer and Sami Vaaraniemi, Certivity addresses a fundamental problem in engineering: the immense effort involved in manual work with fragmented regulatory requirements. In some industries, engineers spend up to 50% of their time interpreting legal documents.

Certivity redefines how technical compliance is thought of – efficiently, scalably, future-proof. At a time when regulation is becoming the norm, their solution strikes a chord.

Amanda Birkenholz, Principal at UVC Partners

Certivity’s AI-native SaaS platform transforms these unstructured texts into machine-readable, organized information. In this way, requirements are analyzed, continuously updated and directly integrated into existing development processes. The vision: to make compliance no longer a burden, but a structured, scalable component of technical innovation.

Launch in the automotive industry

Certivity intends to use the fresh capital to accelerate product development, open up new markets and expand the platform to other sectors. In addition to the automotive industry, the focus is on sectors such as medical technology, rail technology, aerospace, defense and consumer goods.

We are transforming compliance from a cost driver into a strategic advantage. Our AI is getting better, our regulatory coverage broader – and our integration deeper.

Nico Waegerle, CEO Certivity

Real-time data, traceability and tool integration

At the heart of the platform is a digitalization pipeline that records regulations from over 50 jurisdictions in a structured manner and organizes them via a regulatory knowledge graph. This creates complete traceability: changes to legislation can be tracked in real time, while changes to regulatory texts are consolidated, classified and translated into technical requirements with the help of AI.

Certivity integrates seamlessly with tools such as Jama, Polarion, DOORS and others. This turns compliance documentation into an end-to-end, auditable part of the development process.

 

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Certivity secures 13.3 million euros

Almaz Capital

The Munich-based RegTech startup Certivity is raising €13.3 million to further develop its technical compliance management platform and accelerate market launch and expansion into new industries and markets.

 July 29, 2025

Certivity raised €13.3 million in a Series A financing round. The round was led by Almaz Capital and UVC Partners. Existing investors such as Earlybird X, High-Tech Gründerfonds (HTGF), and Plug and Play participated again. With the fresh capital, Certivity plans to further develop its AI-powered compliance platform and accelerate market entry. The team also plans to expand into new industries and international markets.

Certivity was founded in 2021 by Nico Wägerle, Bogdan Bereczki, Jörg Ulmer and Sami Vaaraniemi. Regtech companies addresses a central problem in engineering: Compliance with regulatory requirements ties up a lot of engineers’ time – often in the form of manual research and fragmented documentation.

The solution of Certivity: a structured, AI-native SaaS platform, which automatically analyzes, interprets, and translates regulatory documents into product-relevant requirements. The platform supports companies in developing their products faster and in compliance with regulations.

Certivity: Platform for structured compliance processes

“With this funding, we are scaling our platform to become the leading solution in technical compliance – starting with the automotive industry. We are also scaling into other areas such as rail, medical devices, consumer goods, defense, aerospace, and more,”

says Nico Wägerle, CEO and co-founder of Certivity, and adds:

“We’re expanding our regulatory coverage, improving our AI, and deepening integration with common tools. This is transforming compliance from a costly requirement into a competitive advantage for our customers.”

The platform processes content from over 50 jurisdictions using its own digitization pipeline and a regulatory knowledge graph. AI modules analyze different versions of regulatory texts, extract technical requirements, and deliver them in a structured format. Deep integration with other tools enables a seamless and auditable compliance process.

Goal: Scale industrial compliance

“Certivity sets new standards for how compliance is integrated into product development. They solve a large and arduous problem for any company with regulatory requirements,”

explained Amanda Birkenholz, Principal at UVC Partners.

Aniruddha Nazre, General Partner at Almaz Capital, says:

“With some of the largest and most innovative OEMs and Tier 1 suppliers as customers, Certivity has established itself as a leading provider of regulatory compliance in the automotive industry. The goal of the financing is now to expand in two dimensions: 1. In addition to regulatory compliance, the company will also cover technical specifications and industry standards; 2. to expand into various industries such as general mechanical and plant engineering, aerospace, defense, and, in the long term, medical technology.”

In addition to technical development, Certivity is investing in training, onboarding, and customer loyalty – and is further expanding its engineering, product, and sales teams.

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