Tag Archives: Information technology

Carlyle partners with Rabo Investments to invest in SurePay

Carlyle

Utrecht, Netherlands and London, UK – 3 June 2025 – Carlyle Europe Technology Partners (“CETP”), in partnership with Rabobank’s investment arm Rabo Investments, today announced a strategic growth investment in SurePay, a European leader in payment verification software.

Founded within Rabobank in 2016 and headquartered in the Netherlands, SurePay is a leading provider of payment verification technology solutions to financial institutions and corporates across Europe and the UK. The company reduces fraudulent and misdirected payments through its trusted real-time IBAN-name check, Confirmation-of-Payee (CoP), Verification-of-Payee (VOP), and Fraud Risk Indicator (FRI) products, supporting 200+ banks and 750+ corporate customers. Once implemented, SurePay reduces impersonation scams by 81% and erroneous payments by 67% on average. To date, SurePay has processed more than 10 billion payment checks, playing a critical role in helping clients improve payment accuracy, prevent fraud, address continuously evolving regulatory and compliance demands, and optimise operational efficiencies.

With the backing of Carlyle and Rabo Investments, SurePay plans to further expand its suite of payment verification and fraud prevention solutions and broaden its geographic presence across Europe and beyond, with a continued focus on delivering highly reliable services to its blue-chip customers.

David-Jan Janse, CEO and co-founder of SurePay, said:
“We are thrilled to welcome Carlyle as a strategic partner for the next stage of our journey. The team is grateful to Connected Capital and Iris Capital for their partnership since 2021, and the valuable experience they have brought in scaling B2B SaaS businesses and supporting breakout technology ventures like ours. With Carlyle’s deep experience in financial infrastructure and enterprise software, they are the ideal partner to join Rabobank in supporting our ambition to strengthen our leadership across Europe and the UK, and expand into other international markets. This investment is a major milestone for our team and a strong validation of the platform we have built together with top-tier financial institutions and leading corporates around the world.”

Constantin Boye, who leads the European growth equity efforts within the CETP investment advisory team at Carlyle, said:
“SurePay is a mission-critical payment verification solutions provider with a powerful combination of proven technology and deep relationships across the European and UK banking ecosystem. The team has done an exceptional job building a platform that delivers real, measurable impact in reducing fraud and improving payment accuracy for both financial institutions and corporates. We are excited to partner with Rabo Investments in supporting SurePay as they continue to scale internationally and drive innovation in this increasingly important space.”

Carlyle is investing through its CETP V fund, a €3.2 billion vehicle focused on growth-stage technology businesses across Europe. The CETP team has extensive experience in scaling European financial technology and Governance, Risk and Compliance (GRC) software platforms, with notable investments including FRS Global, ITRS, Calastone, VWD, and Trema.

Floris Onvlee, Director at Rabo Investments, added:
“Since its founding within Rabobank, SurePay has been developed to meet the highest possible financial services quality standards with best-in-class platform reliability, scalability, and security. We believe that this bank-grade heritage, which underpins the many strengths of SurePay’s current offering, has enabled the team to execute with focus, ambition, and credibility to become a European leader in payment verification. Today, their solutions are used by many of the world’s largest financial institutions and corporates, delivering meaningful impact at enterprise scale. After a fruitful partnership with Connected Capital and Iris Capital, we are proud to continue on this growth journey with the SurePay team alongside Carlyle, supporting Rabobank’s corporate venture strategy to build a stronger and more secure financial ecosystem.”

 

About SurePay
SurePay is a leading provider of payment verification technology, headquartered in the Netherlands. The company originally pioneered the IBAN-name check solution in the Dutch market in 2017 and has since expanded across Europe and the UK with its real-time Verification-Of-Payee (VOP), Confirmation-of-Payee (CoP) and Fraud Risk Indicator (FRI) solutions. SurePay serves more than 200 banks and 750 corporate customers and has processed more than 10 billion payment checks to date, playing a critical role in helping clients prevent fraud, improve payment accuracy, and meet continuously evolving compliance and regulatory demands.

 

Media Contacts
Carlyle

Nicholas Brown
nicholas.brown@carlyle.com
+44 7471037002

 

SurePay

Ramon Verweij
ramon@surepay.eu
+31 623833068

 

Rabo Investments

Hugo Nutbey
hugo.nutbey@rabobank.nl
+31 887263463

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Smart Communications Announces Acquisition of Joisto

AKKR Logo

Powerful Cloud Archival Capabilities Expand Smart Communications’ Market-Leading Conversation Cloud™ Platform

London and New York – Smart Communications™, the leading cloud-based platform for enterprise customer communications, today announces it has acquired Joisto, a cloud data archive company. As a result, customers will now have the ability to seamlessly store, manage and retrieve digital records and documents, while meeting the stringent requirements for data retention that govern regulated industries worldwide.

“We’re delighted to incorporate Joisto’s deep expertise in cloud archival into Smart Communications,” said Leigh Segall, CEO of Smart Communications. “Our leading Conversation Cloud Platform already enables our customers to manage sophisticated customer conversations at tremendous scale. With the addition of Joisto, we will extend these capabilities to meet an increasing need for regulatory-compliant and readily accessible storage of these conversations in the cloud. Together we will support customers worldwide as they continue their journey to modernize and transform customer conversations.”

Joisto’s cloud-based archive solution is built to seamlessly connect to a wide range of core solutions across corporate ecosystems using a comprehensive set of APIs. This enables customers to store, manage, and retrieve documents, irrespective of their source. With powerful data-ingestion capabilities and a modern, scalable, cloud architecture, Joisto easily meets customer requirements to store large volumes of documents, while enabling access from any location. Built with industry regulations and retention rules in mind, Joisto supports compliance with GDPR while driving enhanced document integrity, document authorization and user validation.

“Joisto is thrilled to join forces with Smart Communications,” commented Joisto CEO, Tommi Hänninen. “We deeply understand the importance of archival in regulated industries and we are especially proud to partner with an organization that is equally passionate about providing industry-leading capabilities through a modern, cloud-based architecture. The combination of Smart Communications and Joisto represents an exciting step forward for both companies and our customers.”

The acquisition comes alongside a period of sustained, rapid growth for Smart Communications, as the company has consolidated its leadership position in the cloud CCM (Customer Communications Management) and IXM (Interaction Experience Management) sectors and earned recognition for its strength among today’s leading healthcare, financial services, insurance, and government organizations. In addition, analyst firms including IDC, Aspire, Aragon, Datos, and Celent have once again ranked Smart Communications as a strategic leader and highlighted the company’s vision, cloud strategy, and product innovation.

As Smart Communications extends capabilities across the Conversation Cloud with this acquisition, the company will continue to integrate and partner with leading platform vendors worldwide to make ongoing customer conversations – and archival – seamless for the enterprises we serve.

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Audax Private Equity and Lovell Minnick Partners Make Strategic Investment in Fortis

Audax Group

LMP, an existing investor in Fortis, is committing new equity into the joint investment to strengthen the company’s market position and technological capabilities.

PLANO, TEXAS; BOSTON, MA; NEW YORK, NY – March 12, 2025 – Audax Private Equity (“Audax”) and Lovell Minnick Partners (“LMP”) today announced a joint investment in Fortis, a payments technology leader for software providers, ERP customers, and scaling businesses. The investment, which closed on March 11, 2025, will enable Fortis to continue seeking to drive innovation and operational excellence, enhance its product and service offerings, accelerate its M&A growth strategy, and scale infrastructure to meet the evolving needs of businesses. Terms of the investment were not disclosed.

Founded in 2010 and based in Plano, Texas, Fortis has distinguished itself in embedded payments, delivering payment-enablement solutions to software partners, developers, and their businesses. Through its proprietary and integrated platform, Fortis bolsters the software capabilities of its clients via secure, end-to-end payment solutions with the aim of facilitating a reliable and seamless omnichannel-payment experience for businesses, processing billions of dollars in payments annually. LMP made its initial investment in Fortis in December 2019, and since then, the company has expanded its reach across the B2B enterprise and software ecosystem, providing tailored payment solutions that can drive efficiency and improved customer and business experiences.

“When we first invested in Fortis in 2019, we were drawn to the founders’ vision and the strength and capabilities of the company’s technology,” said Trevor Rich, Partner at LMP. “We’re pleased to offer both financial and operational support to advance the company’s mission of offering an unparalleled, holistic commerce experience to its customers.”

“The management team, led by CEO Greg Cohen and Co-Founder Jimmy Nafso, have positioned Fortis as a leader in the embedded payments industry,” said Spencer Hurst, Principal at LMP. “We’re looking forward to continuing to support the company as they build on this momentum and partnering with the Audax team to shape the future of embedded commerce.”

“Fortis’ ability to simplify very complex, multi-channel payment environments through a single integration point represents an integral link in the payments value chain,” noted Tim Mack, Partner at Audax Private Equity. “In our opinion, the Fortis API unlocks omnichannel strategies for businesses and unifies all transaction data to create a single ‘source of truth’ – a powerful value proposition that differentiates Fortis’ software partners, merchants who leverage the technology, and the company itself.”

Since LMP’s investment in 2019, Fortis has completed over 10 acquisitions that collectively have enhanced the company’s integration capabilities and its vertical specialization. Greg Cohen, who was appointed as executive chairman parallel to LMP’s initial investment, has served as CEO since July 2021.

“We’re excited to invest alongside LMP and support an exceptional management team that has built a scaled and differentiated player in the integrated-payments processing space,” added William Allen, a Managing Director at Audax. “Given the company’s track record driving organic and inorganic growth, we believe Fortis represents a compelling fit for our Buy & Build approach.”

“The payments market is undergoing a fundamental transformation, with software platforms needing sophisticated payment capabilities that go far beyond basic processing,” said Greg Cohen, CEO of Fortis. “Our philosophy around a sound business model, management team, and capital structure is critical as our organization and the market continues to mature. LMP has been a tremendous partner over the past five years who intimately understands the financial services and payments landscape. The addition of Audax adds financial strength, market expertise, and deep operational resources to accelerate our product roadmap, pursue strategic acquisitions, and expand our global footprint.”

William Blair served as Fortis’ sell-side advisor, while Morgan Lewis served as legal counsel. Raymond James served as the buy-side advisor to Audax Private Equity, while Kirkland & Ellis provided legal counsel to both Audax Private Equity and LMP.

About

ABOUT FORTIS
Fortis is a leader in embedded payments for software providers, processing billions of dollars annually by delivering comprehensive payment solutions and commerce enablement to software partners and developers. The company’s mission is to forge a holistic commerce experience, guiding businesses to reach uncharted growth and scale. As the solution of choice for the future of payments, Fortis moves commerce closer to invisible with a proprietary platform that supports and strengthens the commerce and payments capabilities of software partners. For more information, visit fortispay.com.

ABOUT AUDAX PRIVATE EQUITY
Headquartered in Boston, with offices in San Francisco, New York, and London, Audax Private Equity manages three strategies: its Flagship and Origins private equity strategies, seeking control buyouts in the core middle and lower middle markets, respectively, and its Strategic Capital strategy that provides customized equity solutions to PE-backed portfolio companies to help drive continued growth. With approximately $19 billion of assets under management as of June 2024, over 280 employees, and 100-plus investment professionals, Audax has invested in more than 170 platforms and 1,350 add-on acquisitions since its founding in 1999. Through our disciplined Buy & Build approach, across six core industry verticals, Audax seeks to help portfolio companies execute organic and inorganic growth initiatives with the aim of fueling revenue expansion, optimizing operations, and significantly increasing equity value. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.

ABOUT LOVELL MINNICK PARTNERS
Lovell Minnick Partners is a private equity firm with a 25-year track record of partnering with growth-oriented companies. LMP leverages deep sector experience and a broad network of strategic advisors to help founders scale their companies at an accelerated pace. The firm collaborates with management teams seeking to achieve long-term success and value creation through organic growth and strategic acquisitions. Since inception in 1999, LMP has raised over $5 billion of committed capital, invested in more than 50 unique platform companies and completed over 200 add-on acquisitions. LMP targets growth-oriented, middle-market companies with a particular focus on companies in the financial services, business services and financial technology sectors. For more information, please visit www.lmpartners.com.

“Fortis’ ability to simplify very complex, multi-channel payment environments through a single integration point represents an integral link in the payments value chain. In our opinion, the Fortis API unlocks omnichannel strategies for businesses and unifies all transaction data to create a single ‘source of truth’ – a powerful value proposition that differentiates Fortis’ software partners, merchants who leverage the technology, and the company itself.”
Tim Mack
Partner at Audax Private Equity.

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Livelink Raises €2.4 Million to Accelerate Growth and Expand Across Europe

Axon

Spanish startup Livelink, a pioneer in IoT-driven safety and connectivity solutions for motorcyclists, has closed a €2.4 million funding round. This new capital will enable the company to strengthen its leadership in the Spanish fleet management market with KOMOBI HD Fleet, while expanding its life-saving impact across Europe through KOMOBI, a GPS tracker with anti-theft features and automatic crash detection.

The round was led by private investors and included participation from Axon Partners Group, via the Axon Desarrollo Andalucía Fund, supported by the FEDER-ANDALUCÍA 2021-2027 Program and the Government of Andalusia. The funds will enhance Livelink’s automatic accident detection service across Europe, scale operations in Italy, and reinforce its position as the go-to platform for comprehensive vehicle fleet management.

At Axon, we back companies with a strong social and technological mission. Livelink is a powerful example of how innovation can save lives and transform entire industries, which is why we’re proud to support them in this growth phase,` said Macarena Gonzalez, Investment Manager at Axon Partners Group

Founded in 2018 by Jesús Carnerero, Beatriz Martín, and Fernando Olea, Livelink has developed proprietary technology tailored to the motorcycle ecosystem. With over 50,000 users across Europe, KOMOBI has become the go-to system for private riders, major brands like Yamaha and Kymco (who offer it through their models and dealer networks), and last-mile delivery companies like Cooltra and Mundimoto, who use KOMOBI HD Fleet to manage their vehicle fleets efficiently and safely.

We’re proud to be entering a stage of technological consolidation after more than eight years of hard work. We believe the time is right to revolutionise the two-wheeled mobility sector across Europe,´ said Jesús Carnerero, CEO and co-founder. `We also want to honour the memory of JFV, who is forever part of this project.

Livelink’s mission extends far beyond fleet management. Launched initially as an anti-theft GPS tracker, KOMOBI has evolved into an advanced active safety system. Its crash detection and automatic emergency alert capabilities have significantly reduced emergency response times, helping save lives

 

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Liftoff Announces Minority Growth Equity Investment from General Atlantic at $4.3 Billion Valuation

Blackstone

Partnership underscores Liftoff’s industry leadership as an AI-enabled growth platform for the mobile app economy

REDWOOD CITY, Calif. – May 5, 2025 – Liftoff, a global leader in performance marketing and monetization solutions for the app economy, today announced that private equity funds managed by Blackstone (“Blackstone”) signed an agreement to sell a minority stake in Liftoff to General Atlantic, a leading global investor. As part of the terms of the transaction, long-time investor Blackstone will remain as the majority shareholder.

Liftoff is a leading AI-enabled end-to-end platform that enables mobile developers to build, drive discovery of, and monetize their apps. Blackstone drove the formation of the company from the transformative merger of its portfolio companies Liftoff and Vungle in 2021, which combined two scaled and highly complementary industry leaders. Following the merger, Liftoff has grown rapidly under CEO Jeremy Bondy and the current management team through an expanded portfolio of solutions and industry-leading product and technical innovation.

General Atlantic has a long history of investing in disruptive consumer technology businesses. General Atlantic will join Blackstone in supporting Liftoff’s next phase of growth as it scales its proprietary Cortex AI platform, builds on its leadership across the broader app economy, and looks to add capabilities through strategic M&A.

Jeremy Bondy, CEO of Liftoff, said: “This moment represents a potent combination of continuity and ambition. Our partnership with Blackstone has been transformative – over the past three years, we’ve merged Liftoff and Vungle, launched Cortex, and delivered significant momentum. The investment from General Atlantic is a testament to that progress, marking the next phase of our ascent and reinforcing our leadership across performance-driven mobile growth. While I’m proud of what we’ve accomplished, we’re still in the early innings of growth in a large and rapidly evolving category, with a team built for this moment and the rare opportunity to shape its future. We look forward to building the leading platform for the largest and fastest growing media environment in the world: the mobile phone.”

Tanzeen Syed, Managing Director and Head of Consumer Internet and Technology at General Atlantic, said: “We are thrilled to partner with Jeremy and his management team to help fulfill Liftoff’s vision of serving the mobile app ecosystem and continuing to power growth through its combination of innovative AI technology, superior execution, and unwavering customer centricity. Liftoff has reached an exciting business inflection point, and we look forward to providing support alongside Blackstone, who have shepherded the Company through a transformative period.”

Sachin Bavishi, Senior Managing Director at Blackstone, said: “It has been a pleasure to work alongside Jeremy and the entire management team over the past five years through Liftoff’s evolution into a leading mobile app growth platform. This investment is a prime example of Blackstone’s approach to partnering with highly talented management teams and deeply supporting them with value-added resources and expertise to drive material business transformation and outsized results for all stakeholders. We are thrilled to continue this journey with Liftoff and welcome General Atlantic as a new investor as we jointly support the company’s rapid growth trajectory.”

Goldman Sachs & Co. LLC and Jefferies LLC are serving as financial advisors and Simpson Thacher & Bartlett LLP is acting as legal advisor to Liftoff and Blackstone. Morgan Stanley & Co. LLC is serving as financial advisor and Paul Weiss is serving as legal advisor to General Atlantic. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close in mid-2025.

About Liftoff
Liftoff helps mobile businesses maximize their revenue. It provides machine learning-powered marketing, monetization, and creative solutions that create better ad experiences and connect people with the products they love. Founded in 2012 and headquartered in Redwood City, CA, Liftoff has a diverse, global presence.

About General Atlantic
General Atlantic is a leading global investor with more than four and a half decades of experience providing capital and strategic support for over 830 companies throughout its history. Established in 1980, General Atlantic continues to be a dedicated partner to visionary founders and investors seeking to build dynamic businesses and create long-term value. Guided by the conviction that entrepreneurs can be incredible agents of transformational change, the firm combines a collaborative global approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with and scale innovative businesses around the world. The firm leverages its patient capital, operational expertise, and global platform to support a diversified investment platform spanning Growth Equity, Credit, Climate, and Sustainable Infrastructure strategies. General Atlantic manages approximately $108 billion in assets under management, inclusive of all strategies, as of March 31, 2025, with more than 900 professionals in 20 countries across five regions. For more information on General Atlantic, please visit: www.generalatlantic.com.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
 
Media Contacts

Liftoff
Casie A. Jordan
cjordan@liftoff.io
732-614-3880

General Atlantic
Emily Japlon & Sara Widmann
media@generalatlantic.com

Blackstone
Matthew Anderson
matthew.anderson@blackstone.com
518-248-7310

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Ivanti Announces Successful Refinancing and New Capital Infusion to Support Key Strategic Initiatives

Clearlake

Optimized Capital Structure Bolsters Ability to Invest Across Full Spectrum of IT, Network Security, and Exposure Management to Empower Customers’ Business Goals

May 2, 2025 — SALT LAKE CITY — Ivanti, the enterprise software company that provides a comprehensive IT and security cloud-based platform, announced today that it has successfully closed a refinancing transaction. This was achieved with the support of an overwhelming majority of its existing lenders.

As part of this transaction, Ivanti raised $350 million of new capital and extended the maturity of its existing debt facilities to 2029, bolstering its liquidity position and financial flexibility to support the Company’s key strategic initiatives. The transaction was open to all holders of its existing first lien and second lien term loans.

“We greatly appreciate the broad-based support from investors across our capital structure to reach this positive outcome, demonstrating their continued confidence in our business,” said Dennis Kozak, CEO of Ivanti. “With additional capital and extended debt maturities, we believe that we are well positioned to progress our ongoing transformation, provide customers with improved capabilities and security, and deliver long-term success.”

Over the past year, Ivanti has made substantial advancements to its products and processes, and the Company’s strengthened financial foundation is expected to enhance its ability to invest across its solutions to empower customers’ business goals and provide seamless, flexible solutions that are built to address the evolving threat landscape. Ivanti is backed by Clearlake Capital Group, L.P., Charlesbank Capital Partners, LLC, and TA Associates Kirkland & Ellis LLP and Evercore Group LLC are serving as legal and financial advisors to Ivanti.

About Ivanti Ivanti is an enterprise software company that provides a comprehensive IT and security cloudbased platform. Ivanti provides software solutions that scale with our customers’ needs to help enable IT and Security to improve operational efficiency while reducing costs and proactively reducing security risk. The Ivanti Neurons platform is cloud-native and is designed as a foundation of unified and reusable services and tools for consistent visibility, scalability and secure solution delivery. Over 34,000 customers, including 85 of the Fortune 100, have chosen Ivanti to meet challenges head-on with its end-to-end solutions. At Ivanti, we strive to create an environment where all perspectives are heard, respected and valued and we are committed to a more sustainable future for our customers, partners, employees and the planet. For more information, visit www.ivanti.com and follow @GoIvanti.

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Main Capital Partners acquires software provider Trace One from STG

Main Capital Partners

Main Capital acquires Trace One, a global PLM software provider, marking its first platform investment since entering the French market.

Paris, April 23, 2025 – Main Capital Partners (‘Main’), Trace One, and STG Partners, LLC (‘STG’) are pleased to announce Main’s strategic acquisition of Trace One, a SaaS provider in Product Lifecycle Management (PLM) and compliance software, from its previous principal owner, STG. This transaction marks Main Capital’s inaugural platform investment in France, following the recent opening of its Paris office in February 2025.

Founded in 2001 and headquartered in Paris, Trace One has emerged as a strong player in delivering innovative PLM and compliance solutions tailored to the food & beverage, cosmetics & personal care, and chemical industries. Trusted by over 9,000 global brands, including industry giants such as Carrefour, Cargill, Barilla, Nestlé, and Ahold Delhaize; Trace One’s robust platform simplifies complexity, enhances collaboration, and optimizes every phase of the product lifecycle, from ideation to market launch.

Trace One’s proven experience and commitment to excellence enable companies worldwide to accelerate growth, improve sustainability, and consistently meet rigorous standards of quality and compliance. With an international team of 500 employees operating across 15 countries, Trace One boasts the scale and reach to support a prestigious, global customer base.

This acquisition underscores Main Capital’s strategic ambition to invest in innovative, market-leading B2B software companies, positioning Trace One for continued expansion, enhanced innovation, and accelerated global impact. Managing Partner Sven van Berge, who is leading the Business Transformation and Manufacturing product-markets at Main Capital will chair the Supervisory Board of Trace One.

Under STG’s ownership, Trace One achieved international expansion, highlighted by the strategic milestone acquisition of Selerant in March 2022. In the next chapter of growth, Main Capital and Trace One will collaborate to further elevate the company’s global presence, deepen expertise in existing markets, explore new industry verticals, and expand their product suite with innovative, complementary solutions. Leveraging Main Capital’s specialized experience in international buy-and-build strategies, this partnership will accelerate Trace One’s growth and innovation, reinforcing its commitment to delivering unmatched value to customers worldwide.

We are highly enthusiastic about the opportunities we see together with the management team to further internationalize the company, expand into adjacent verticals and focus on continuous product innovation.

– Jonas Kruip, Co-Head of Main France

Jonas Kruip, Co-Head of Main France said: “The investment in Trace One holds great strategic value for Main, marking the first French platform investment after opening the Paris office earlier this year. Trace One furthermore fits in one of our core product-markets. Trace One has a strong market position as a verticalized PLM software provider with a highly international profile and is experiencing strong momentum in the US. We are highly enthusiastic about the opportunities we see together with the management team to further internationalize the company, expand into adjacent verticals and focus on continuous product innovation in which a selective international buy-and-build strategy will play a significant role.”

Christophe Vanackère, CEO of Trace One, added: “Our new partnership with Main Capital represents a significant milestone in Trace One’s growth journey. With our global vision reinforced, we remain deeply committed to expanding internationally and investing in industry-leading innovations that elevate customer experience. By empowering all brands to accelerate their digital transformation, we help them consistently deliver greater value and maintain their competitive edge in an increasingly dynamic market.”

About Trace One

Trace One is a premier SaaS provider of Product Lifecycle Management (PLM) and compliance solutions, specializing in the food & beverage, cosmetics, personal care, and chemical industries. With over 30 years of expertise, we empower more than 9,000 brand owners worldwide to innovate, collaborate, and bring products to market faster while ensuring the highest standards of quality, compliance, and sustainability. Trusted by industry leaders, Trace One combines cutting-edge technology with unmatched expertise to help businesses navigate complexity, accelerate growth, and shape a sustainable future.

About STG

STG is a private equity partner to market leading companies in data, software, and analytics. The firm brings experience, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering with a goal to build customer-centric, market winning portfolio companies, STG seeks to create sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world class management teams. STG’s expansive portfolio has consisted of more than 50 global companies.

 

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Pointsharp, backed by Main Capital Partners, acquires Identity Management software provider Vemendo

Main Capital Partners

Pointsharp acquires Vemendo to expand its Identity and Access Management capabilities and strengthen its presence across Europe’s cybersecurity market.

Stockholm, 22nd April 2025 – Pointsharp, a Swedish Identity and Access Management (IAM) software provider, has acquired Stockholm-based Vemendo AB (“Vemendo”). Vemendo provides software for identity management, user provisioning, and lifecycle management, which enables user information to be up to date, identity information to be easily tracked within the organization, and for users to log in securely to multiple networks or systems. This synergistic acquisition presents a strong strategic fit with Pointsharp and aligns with the company’s growth strategy in the European Identity and Access Management software market. The acquisition of Vemendo marks Pointsharp’s fifth add-on acquisition since Main Capital Partners (“Main”) became a majority investor in November 2020. The combination is expected to complement and enhance Pointsharp’s IAM offerings, further strengthening its position in the Nordics and across the rest of Europe.

Vemendo’s offering of identity management, federation services, and identity provisioning software integrates well with Pointsharp’s existing solutions and strengthens the implementation of the company’s growth strategy. Vemendo serves a wide range of clients, focusing on the public sector and larger corporates in industrials, defence, and retail.

Through the acquisition, Pointsharp expands on the functionalities offered to existing and new clients across multiple industries.

– Wessel Ploegmakers, Partner and Head of Nordics at Main Capital Partners

Wessel Ploegmakers, Partner and Head of Nordics at Main Capital Partners, comments: “Vemendo marks Pointsharp’s fifth acquisition and solidifies Pointsharp’s position in the Nordic and European Identity and Access Management software industry. Through the acquisition, Pointsharp expands on the functionalities offered to existing and new clients across multiple industries. The acquisition will strengthen the position of Pointsharp in providing Identity and Access Management solutions going forward.”

Niklas Brask, CEO at Pointsharp, says: “We are thrilled to announce the acquisition of Vemendo, a strategic move that significantly enhances our capabilities as a European Identity and Access Management (IAM) vendor. This acquisition not only expands our footprint in the identity fabric but also strengthens our commitment to provide trusted and innovative European solutions to our customers.”

Tomas Ericsson, CEO at Vemendo, concludes: “We are proud to become part of Pointsharp, a company that shares our vision for secure and efficient identity and access management. This allows us to continue developing leading-edge solutions for our customers while benefiting from the scale, experience, and broader capabilities of Pointsharp. Together, we will be even better positioned to support our clients in navigating the increasing demands of digital identity and access management across the world.”

About Pointsharp

Pointsharp is a European cybersecurity company that enables organizations to secure data, identities, and access in a user-friendly way. We believe security needs to be easy, both for the users and the IT department. Our vision is to give everyone access to a safe, modern digital workplace. The company serves more than 3500 enterprise organizations globally with high security or sensitive data needs in several different market verticals, including finance, governmental, and industrial. Pointsharp was founded in 2006 in Stockholm, Sweden.

About Vemendo

Vemendo, founded in 1997, specializes in software solutions for identity provisioning, user administration, and federation services, as well as implementation and configuration services. Vemendo’s solution serves a range of clients across defense, industrial, and public sector markets in Sweden. Vemendo’s solution allows user information to be up to date, identity information to be easily tracked within the organization, and for users to safely log in to multiple networks or systems.

 

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Whitevision expands Intelligent Document Processing suite with the acquisition of Factuurportal

Main Capital Partners

Whitevision announces the acquisition of Intelligent Document Processing (IDP) software provider Factuurportal.

The Hague, April 15th 2025 – Today, Whitevision announces the acquisition of Intelligent Document Processing (IDP) software provider Factuurportal. The acquisition further solidifies Whitevision’s IDP product offering and market position within the Benelux, providing a solid foundation for further international growth. The transaction marks the second step in the buy-and-build strategy of Whitevision since partnering up with Main Capital Partners in August 2024.

Founded in 2018 and headquartered in Rotterdam (NL), Factuurportal is a developer and provider of AI-based software solutions designed to streamline document processing by automatically recognizing and converting various document types. The product suite of Factuurportal consists of tools for data recognition, validation and conversion. This allows users to automatically extract document data from various formats, check the data against legal and custom criteria, and convert the data into a format that integrates with the existing administrative systems. Factuurportal has a sector-agnostic customer base, yet has a stronger position in the government, healthcare and retail verticals. The customers are primarily located in the Benelux; notable examples i.a. include BMN, Staedion and Port of Amsterdam.

Factuurportal and Whitevision operate in the fast-growing Intelligent Document Processing (IDP) software market, driven by trends like increasing digitization and process automation, which are expected to continue expanding the global market. The IDP market remains relatively fragmented, with several large players driving consolidation. The combination of Factuurportal and Whitevision marks a strategic step in positioning Whitevision as a consolidator in the industry while enhancing its product portfolio.

The acquisition of Factuurportal by Whitevision perfectly aligns with our strategy to build software groups that are leaders in their product-market.”

– Sjoerd Aarts, Managing Partner & Head of Benelux at Main

Frank de Wit, Chief Executive Officer and Founder of Whitevision: “Together, Factuurportal and Whitevision share an ambition to grow internationally and become the leading Intelligent Document Processing software provider in Europe. Our partnership sets us on a path to achieve this ambition and, most importantly, to deliver a better and more complete software suite to all our customers.”

Rob Klaver, Chief Executive Officer of Factuurportal: “Both strategically and culturally, there is a very strong fit between Factuurportal and Whitevision. We are excited to join forces with the Whitevision team to accelerate our growth, both domestically as well as abroad. Additionally, I am really looking forward to the collaboration with Frank and the broader Whitevision team.”

Sjoerd Aarts, Managing Partner & Head of Benelux at Main Capital Partners: “The acquisition of Factuurportal by Whitevision perfectly aligns with our strategy to build software groups that are leaders in their product-market. This combination is an excellent example of how the buy-and-build journey benefits both companies and customers. Together, Whitevision and Factuurportal are ready to tackle the growing Intelligent Document Processing market with more accurate, more efficient, and better integrated solutions.”

About Factuurportal

Factuurportal, founded in 2018 and based in Rotterdam (The Netherlands) provides an AI-driven solution for the automated processing of incoming invoices using artificial intelligence and machine learning. This enables organizations to achieve structural time and cost savings while improving control over administrative processes. Factuurportal’s service focuses on continuous optimization in close collaboration with clients, with personal support as a core element of its approach.

About Whitevision

Whitevision, founded in 2005 and based in Breda (The Netherlands), is a developer and provider of software solutions to process documents in a digital and efficient manner. With its software, Whitevision helps its customers attain significant efficiencies through workflow automation related to the invoice booking process. The company is active in many different verticals but is a particularly prominent player in the construction & installation, professional services, technology, logistics and the automotive sectors. In total, the company serves over 1,650 customers, for which it processes over 20 million documents on an annual basis.

 

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Achilles strengthens AI capability with Acquisition of InfoControl

Bridgepoint

Latest acquisition by Bridgepoint portfolio company Achilles brings advanced AI capabilities in-house, accelerating smarter, more accurate risk management through automation and intelligent data insights.

Achilles, a global leader in supply chain risk and performance management, has announced the acquisition of InfoControl, a specialist artificial intelligence (AI) and contractor management company based in Latin America. The acquisition deepens a successful long-term collaboration and marks a significant step forward in Achilles’ commitment to the responsible use of technology and data to deliver trusted, intelligent solutions for supply chain management and compliance.

The move will strengthen Achilles’ AI capabilities, enhance contractor management offerings, and unlock new opportunities in data extraction, analysis, and reporting for customers worldwide.

InfoControl brings advanced AI expertise in reading, interpreting, and extracting narrative data from complex documentation to deliver highly efficient and accurate supply chain data capture and non-financial reporting. The company’s Contractor Access Evaluation (CAE) tools are used across a range of industries in Latin America, complementing and extending Achilles’ Controlar solution.

As a leader in supply chain risk management, Achilles is committed to the ethical development and deployment of AI to enhance transparency, mitigate risks, and protect businesses’ reputations globally. With this latest acquisition, Achilles will continue to align its use of AI with its core values, the evolving expectations of stakeholders, and all relevant regulatory frameworks—ensuring its technology serves the purpose of building safer, more sustainable supply chains.

“Businesses are under increasing pressure to provide robust data in support of sustainability, due diligence, and disclosure frameworks such as CSRD, BRSR, LkSG, and Åpenhetsloven — while also navigating an increasingly complex global landscape,” said Paul Stanley, CEO at Achilles. “Accessing high-quality, reliable data remains a major challenge. This acquisition strengthens Achilles’ ability to efficiently and effectively deliver intelligent insights with greater speed and accuracy, helping our customers manage risk and build more resilient supply chains. I’m delighted to welcome the InfoControl team to Achilles.”

Matt Legg, Partner at Bridgepoint, majority shareholder in Achilles, commented: “Achilles continues to demonstrate strong strategic momentum through targeted acquisitions that enhance its technology leadership and global proposition. The acquisition of InfoControl brings highly relevant AI capabilities into the group, accelerating the delivery of scalable, data-driven solutions for customers worldwide.”

Achilles has already delivered several successful AI-driven features in the Achilles platform, including:

  • Predictive Risk Scoring: Using publicly available data to identify emerging supplier risks and reduce assessment costs for lower tier suppliers.
  • Real-time Data Validation: Increasing ‘right first time’ rates by automating validation of supplier responses.
  • AI-powered Data Mining: Extracting information in multiple languages to improve accuracy and reduce manual effort.
  • Smarter Supplier Onboarding: Streamlining supply chain data collection with pre-populated data from trusted sources.

 

“This partnership allows us to accelerate our vision and bring our capabilities to a much broader market,” said Francisco Pontoriero, co-founder of InfoControl. “Achilles’ global reach and deep industry expertise are a perfect match for our AI solutions. We are excited to join the Achilles group and begin this next chapter together.”

The acquisition of InfoControl follows Achilles’ purchases of GoSupply and Global Risk Management Solutions (GRMS), which expanded its capabilities in supplier evaluation and risk management across key global markets.

Achilles’ continued growth journey is supported by Bridgepoint, one of the world’s leading private asset growth investors, which partnered with the company in 2021 via its lower middle-market franchise, Bridgepoint Development Capital.

The partnership leverages Bridgepoint’s track record in scaling risk management, certification and consultancy businesses globally, including previous investments such as Element Materials Technology, ERM and HKA.

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