Tag Archives: Software

Wrike delivers the future of human-to-AI collaboration at Collaborate 2025

Stg Partners

Wrike, the intelligent work management platform, today announced a series of new AI-powered features and enterprise platform enhancements at its annual Collaborate 2025 user conference. Designed to help teams automate workflows, accelerate decision making, and connect ideation with execution, these innovations mark Wrike’s boldest step yet toward building the most intelligent and integrated system of record for work.

“Success doesn’t come from adding tools; it comes from unifying work on an intelligent platform that adapts, learns, and scales with your business,” said Thomas Scott, CEO of Wrike. “Wrike isn’t just about managing tasks; it’s about rewiring how work gets done. With AI Agents, Wrike Whiteboard powered by Klaxoon, and our new enterprise workflow solution suites, we’re helping every team move from idea to execution faster, with clarity and confidence.”

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CAI Software and Print ePS, a division of eProductivity Software (ePS), Announce Strategic Merger to Drive Innovation in Manufacturing Software Solutions

CAI Software, a leading provider of manufacturing ERP and production software solutions for more than fifteen vertical markets, and Print ePS, a leading provider of manufacturing ERP and production software for the graphic communications industry, today announced that they have combined in a merger of equals.

The merger brings together two trusted leaders with a shared vision: delivering best-in-class software solutions to address complex challenges across specialized manufacturing markets.

The newly combined organization will operate as CAI Software (CAI). Print ePS will become the Graphic Communications business unit of CAI. Moving forward there will be three operating divisions of CAI: Process Manufacturing, Discrete Manufacturing and Graphic Communications.

As part of this transaction, the ePS Packaging division of eProductivity Software (ePS) will now operate as an independent software company dedicated to empowering packaging businesses worldwide.

Leadership and Vision

As part of the transaction, CAI Software has named Brent Pietrzak as CEO and Cort Townsend as CFO. Brent shared his enthusiasm for the road ahead: “This merger creates tremendous opportunities for our clients, employees and partners. By aligning our customer-centric strategies, we are building a more dynamic, diversified software leader. The management team at CAI is excited to move forward with a shared commitment to innovation, performance and growth.”

STG, the lead investor in CAI and ePS, will continue their investment in the newly combined business. William Chisholm, Managing Partner, and Patrick Fouhy, Managing Director, at STG, shared: “The combination of CAI Software and Print ePS brings together the strength of two industry leaders while opening an exciting new chapter. By honoring the heritage of both businesses and investing in future-focused innovation, we are building a powerful software organization ready to drive transformation across the manufacturing landscape. We are proud to support CAI on the next leg of its strategic evolution and are excited to partner with Brent, Cort and the broader management team. We’d also like to thank Brian Rigney and Dan Vertachnik for their impactful leadership at CAI and Print ePS, respectively, over the past three and a half years.”

A Compelling Path Forward

The merger is a strategic step forward, designed to strengthen the business. Clients, employees, and partners can expect a seamless transition as well as increased investment across the combined product portfolio. The new company will continue to build on its:

  • Global Presence: With a combined workforce of over 800 employees and offices across North America, Europe, and Asia, we are well-positioned to support customers around the world.
  • Deep Experience: The team brings together industry leaders and experienced technologists who will continue to collaborate with clients and partners to address industry trends and client specific needs.
  • Exceptional Client Support: Continuing to deliver high quality service to our clients remains a top priority. Our account management and support teams remain focused on delivering exceptional outcomes for our clients.
  • Continued Innovation: By leveraging our specialized domain expertise, the company is focused on utilizing cutting-edge technology that enables practical and impactful solutions for specialized manufacturers.

About CAI Software LLC

CAI Software is a leading provider of manufacturing ERP and production software solutions to more than fifteen vertical end markets in the process (e.g., food & beverage and chemicals), discrete (e.g., A&D, automotive parts) and distribution (e.g., food) sectors.

About Print ePS (now CAI Graphic Communications)

Print ePS is a leading provider of manufacturing ERP and production software for the graphic communications market serving commercial and publication printers, promotional and transactional mail producers, sign & screen display manufacturers, in-house print centers and print-for-pay providers.

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 to build customer-centric, market-winning portfolio companies, STG creates 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 consists of more than 50 global companies.

Advisors

Evercore served as financial advisor to STG on the combination of CAI Software and Print ePS. Lincoln International served as financial advisor to CAI Software on the transaction. Moelis & Company LLC served as financial advisor to Print ePS on the transaction. Paul Hastings served as legal advisor to STG.

For more information please contact:

Drea Toretti
CMO
CAI Software, LLC
800.422.4782
info@caisoft.com

Karis Copp
Karis Copp Media
Graphic Communications
+447581175238
karis@kariscoppmedia.com

MORE AT CAISOFT.COM

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Quoreka Launches QIndex, a Daily AI-Powered Commodity Sentiment Index, Powered by Barchart

Stg Partners

Quoreka, a leading provider of energy and commodity trading risk management (E/CTRM) solutions, today announced the launch of the Quoreka Sentiment Index (QIndex), an AI-driven commodity sentiment index designed to give market participants a real-time pulse on global sentiment. Powered by Barchart’s comprehensive news and data feeds, QIndex leverages the latest in AI and large language models (LLMs) to measure, analyse and quantify sentiment in daily news coverage and generate confidence-based sentiment scores for key commodities.

“Markets move on sentiment as much as on fundamentals. With QIndex, firms can now track how global news is influencing commodity outlooks in real time and gain a window into how today’s headlines are impacting tomorrow’s markets,” said Dan Romanelli, SVP – Global Head of Business Development of Quoreka. “By combining Quoreka’s AI-driven analytics with Barchart’s trusted market data and news, we’re giving traders, analysts and risk managers a powerful new perspective on market dynamics.”

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Bridgepoint partners with Chime Software, a leading field management software provider to the construction industry

Bridgepoint

Bridgepoint, one of the world’s leading quoted private asset growth investors, has announced it will partner with Chime Software (“Chime”), a UK-based SaaS provider transforming how construction companies manage their workforces and on-site operations.

The transaction sees Bridgepoint Growth become a significant minority shareholder in Chime.

Founded in 2016 with a focus on solving real-world inefficiencies on construction sites, Chime is a leading platform for digital timesheets, real-time site visibility, mobile-friendly forms, inductions, onboarding, workflows, and health and safety documentation. Its powerful cloud-based web system and intuitive mobile app are used by more than 80,000 operatives from hundreds of construction companies daily, with continuous refinement in line with live customer feedback and operational needs.

With Bridgepoint’s backing, Chime is well positioned to capitalise on a highly attractive market with low digital penetration, strong growth and significant white space opportunity. As the global construction industry’s transition from legacy paper-based to modern digital systems gathers pace, Chime offers a simple, reliable, and highly scalable mobile-first product to speed up site entry, remove bottlenecks, and ensure safety and compliance processes happen in real-time. Its innovative software integrates directly into business-critical payroll workflows, delivering significant ROI.

The investment announced today will enable Chime to accelerate its product roadmap and transition into a complete, all-in-one construction software platform, including expansion into new modules covering health & safety, quality control and asset management, with further investment into customer success.

Roger Bradbury, Chairman and Founder of Chime, said: “Construction has been my life’s work, and I’ve seen first-hand the challenges businesses face on-site. At Chime, we’ve always set out to solve real problems, not create technology for technology’s sake. This partnership is another step in ensuring construction companies have the tools they need to thrive in a modern, digital world.”

Aaron Powell, Managing Director and Founder of Chime, added: “Our growth has always been driven by our customers – over 300 companies who’ve trusted Chime and shaped its journey. We’re grateful for their input, which ensures our software evolves with their needs. This partnership allows us to accelerate our roadmap, broaden our solution, and help even more construction companies save time, increase productivity, and improve safety.”

David Hawes, Chief Technology Officer and Founder of Chime, said: “It’s the people who have made Chime what it is today – from those who shaped the product early on, to the many talented colleagues who’ve joined in recent years across every function. All have played a role nurturing the team spirit and momentum we enjoy today. This investment is not just about unlocking our platform’s potential; it’s a validation that what we’ve built is valuable and solves real problems. Today’s news is a recognition of that collective effort, and I’m incredibly proud to be on this journey with the team.”

Mayank Kanga, Partner at Bridgepoint, commented: “Chime is a business with a clear value proposition – it delivers essential digital infrastructure for an industry still early in its adoption curve. Its mobile-first platform addresses critical payroll and compliance workflows, driving both strong usage and customer advocacy. We are excited to partner with Roger, Aaron and David to invest behind Chime’s offering, expand its product suite and bring its benefits to a wider set of customers.”

The transaction is expected to complete in the second half of 2025, subject to customary regulatory approvals. Financial terms of the transaction were not disclosed.

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White Mountains to sell Bamboo to CVC

CVC Capital Partners

White Mountains Insurance Group, Ltd. (NYSE: WTM) (“White Mountains”) announced today that it has signed a definitive agreement to sell a controlling interest in Bamboo, a data-enabled insurance distribution platform providing homeowners’ insurance and related products to the residential property market in California and Texas, to funds advised by CVC Capital Partners (“CVC”). The transaction values Bamboo at $1.75 billion.

White Mountains expects the transaction will result in a gain of approximately $310 to its book value per share and net cash proceeds of approximately $840 million.  White Mountains will retain an approximately 15% fully-diluted equity stake in Bamboo post-closing, valued at $250 million based on the transaction.

“It has been our privilege to partner with Bamboo.  Its rapid growth is a testament to the value and innovation it is bringing to the homeowners’ insurance market,” said Manning Rountree, Chief Executive Officer of White Mountains.  “This transaction is a win-win for both White Mountains shareholders and Bamboo management and employees.  We want to thank John and the entire Bamboo team for all of their hard work, and we look forward to continued partnership with them and CVC,” added Liam Caffrey, President and Chief Financial Officer of White Mountains.

“We are extremely gratified by the success of Bamboo during our ownership.  This is a prime example of our approach to partnering with highly talented management teams in the insurance sector and supporting them with value-added resources and expertise to drive superior results for all stakeholders.  We look forward to working with our new partners at CVC to support Bamboo’s next chapter of growth,” added Chris Delehanty, Head of M&A of White Mountains.

“We thank the White Mountains team for their valuable guidance and support throughout our partnership.  They have been instrumental in making our vision a reality,” said John Chu, Chief Executive Officer of Bamboo. “This milestone represents the result of years of dedication and hard work by the entire Bamboo team and was only achieved with the support and confidence of our valued partners.  We could not be happier with the outcome.  While I’m incredibly proud of the growth we’ve achieved while staying true to our client-first values, we’re still in the early innings.  We are thrilled to welcome CVC on as our new majority capital partner alongside White Mountains as we embark on the next phase of Bamboo’s growth journey.”

“Bamboo is a one of a kind asset, deploying differentiated technology, speed and underwriting to serve the insurance needs of homeowners in California and Texas,” said Daniel Brand, Partner at CVC. Lorne Somerville, Managing Partner and Co-Head of CVC US added, “We believe Bamboo’s mix of high growth, recurring revenue and value to its partners make it an optimal fit for CVC’s US portfolio.”

Quotes

We believe Bamboo’s mix of high growth, recurring revenue and value to its partners make it an optimal fit for CVC’s US portfolio.

Lorne SomervilleManaging Partner and Co-Head of CVC US

The transaction is expected to close by the end of the fourth quarter of 2025.  The closing is subject to regulatory approvals and other customary closing conditions.  The closing is not subject to a financing condition.

White Mountains will file a current report on Form 8-K with the U.S. Securities and Exchange Commission containing a summary of terms and conditions of the proposed transaction.

Evercore Group L.L.C. acted as lead financial advisor, Piper Sandler & Co. acted as financial advisor, and Cravath, Swaine & Moore LLP served as legal counsel to White Mountains and Bamboo.  Willkie Farr & Gallagher acted as legal advisor to Bamboo management.  Latham & Watkins LLP acted as legal advisor to CVC.

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ChiroHD Acquires SKED and Spark, Establishing an Ecosystem to Help Chiropractors Better Serve Patients and Grow Business

Mainsail partners

ChiroHD, the leading cloud-native practice management platform for chiropractors, today announced the acquisitions of SKED and Spark, two of the profession’s most respected patient engagement companies. SKED brings mobile-first scheduling and communication automation trusted by thousands of clinics, while Spark delivers AI-powered engagement flows that improve retention and consistency without staff effort. Together, these solutions strengthen ChiroHD’s vision of building a seamless ecosystem that reduces administrative stress, improves patient follow-through, and unlocks new growth opportunities—keeping doctors focused on delivering life-changing care.

“Chiropractors step into practice because they want to impact lives, not wrestle with paperwork, billing, or endless administrative headaches,” said Gabriel Doty, CEO and co-founder of ChiroHD. “We’re eliminating business friction and giving chiropractors back the freedom to focus on what truly matters: restoring health and hope through the adjustment.”

Under Doty’s leadership, ChiroHD pioneered intuitive practice management software and set a new standard for streamlined workflows and evidence-based chiropractic metrics. With SKED, founded by Dr. Erik Kowalke, chiropractors gained the industry’s most trusted scheduling and communication platform, recognized on the Inc. 5000 list year after year. Now with Spark’s next-generation AI-powered engagement capabilities, the combined platform represents a significant leap forward for the chiropractic profession.

“This is a major step forward for chiropractic,” said Dr. Erik Kowalke, founder of SKED. “From day one, SKED was built to help practices connect with their patients more meaningfully. By joining forces with ChiroHD and integrating Spark’s intelligent automation, we’re creating a connected ecosystem that streamlines the day-to-day and helps doctors inspire consistency and commitment in their patients.”

‍Solving Business Burdens so Chiropractors Can Deliver Life-Changing Care
‍Across the profession, chiropractors continue to voice the same challenges: insurance headaches, scheduling chaos, overwhelming documentation, and the strain of running a business when their true passion is adjusting spines and serving families.By bringing ChiroHD, SKED, and Spark together in one connected system, chiropractors gain:

‍ChiroHD: Doctor-first EHR and practice management

SKED: Seamless scheduling, messaging, and automation

Spark: AI-powered patient engagement and retention

This integrated approach allows clinics to run their entire practice from a single platform, confident that administrative details are handled while they focus on restoring nervous system health and fueling practice growth.Learn more and sign up for the upcoming webinar at www.chirohd.com/web/landing-pages/chirohd-expands
‍
‍About ChiroHD
‍ChiroHD is a cloud-based EHR solution and a passionate advocate for the chiropractic community. With a mission to simplify business so chiropractors can amplify impact, ChiroHD partners with practices from single-doctor offices to multi-location groups and franchises. The platform offers a 4.9-star support rating and collaborates with leading chiropractic universities on research initiatives. Learn more at www.chirohd.com.

‍About SKED
‍Founded by Dr. Erik Kowalke out of a thriving family practice, SKED has become chiropractic’s leading communication and automation platform. Designed by chiropractors for chiropractors, SKED simplifies patient scheduling, reminders, and digital intake while reducing front desk chaos. Clinics using SKED see fewer no-shows, stronger visit consistency, and more 5-star reviews, allowing doctors to focus on care instead of logistics. Learn more at www.sked.life.

‍About Spark
‍Spark is the AI-powered patient engagement solution that helps chiropractors inspire patients beyond the adjustment table. By using intelligent automation, Spark keeps patients consistent, accountable, and excited about their care. From converting website visitors with an AI chatbot to reactivating patients who’ve drifted away, Spark extends a doctor’s impact and strengthens long-term outcomes—without adding front desk workload. Learn more at www.sparkpatients.com.

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Symphony Talent Earns Six Industry Honors for Employer Brand Excellence at the 2025 EBMAs

Stg Partners

Symphony Talent, a global leader in talent acquisition solutions, proudly announced its recognition at the 2025 Employer Brand Management Awards (EBMAs), taking home three Gold, one Silver, and two Bronze honors for The Studio at Symphony Talent’s innovative and impactful employer brand work with global clients bp and Standard Chartered.

“These awards reflect the powerful outcomes that can be achieved when innovative thinking meets strong client collaboration,” said Kermit Randa, CEO, Symphony Talent. “Employer brand is the thread that ties together every stage of a full-funnel talent acquisition strategy. Partnering with bp and Standard Chartered, we’ve shown how effectively activating that brand can accelerate hiring success, strengthen long-term talent strategies, and drive measurable impact.”

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Infobric and Stirling Square Welcome KKR as New Investor

KKR

Investment supports the acceleration of Infobric’s growth in construction software solutions

JÖNKÖPING, Sweden–(BUSINESS WIRE)– Stirling Square Capital Partners (“Stirling Square”), a pan-European private equity firm, and KKR, a leading global investment firm, today announce that KKR is making a growth investment into Infobric (the “Company”), a leader in software solutions for the construction industry. KKR will become a significant shareholder alongside majority investor Stirling Square and Infobric’s management. The new investment and support from Stirling Square and KKR will enable Infobric’s further growth through continued product innovation, geographic expansion and strategic M&A.

Infobric is a leading construction software company, supporting over 12,000 general contractors, 75,000 subcontractors and 450,000 app users in the Nordics and the UK. Infobric has a strong track record of developing mission-critical software solutions for the construction industry with significant impact on compliance, transparency, sustainability and health & safety outcomes. The Company serves stakeholders in the construction ecosystem with innovative solutions for workforce management as well as equipment and assets control.

Henrik Lif, Managing Partner at Stirling Square, said: “We are thrilled to welcome an investor of KKR’s calibre at an incredibly exciting time for the business. Their team shares our ambition for Infobric and brings extensive expertise investing in the sector and a phenomenal international platform that will help us accelerate our growth strategy, both organically and through M&A.”

Rami Bibi, Managing Director and Head of KKR’s Global Impact team in EMEA, said: “Infobric has built a leading platform that delivers improved productivity for its customers and a safer environment for construction workers. We are delighted to establish a strategic partnership with Stirling Square and Infobric’s management to support the company’s next chapter of growth, leveraging our global platform and expertise in scaling technology businesses to help Infobric realise its potential.”

Dan Friberg, Group CEO at Infobric, added: “We are delighted to welcome KKR as an investor. They support our mission and values, and will bring a complementary perspective and expertise, informed by decades of growing world class enterprises. Infobric remains passionate about our mission to make construction sites safer, more transparent, and more sustainable for everyone and are relentlessly focused on delivering our strategy, investing in innovation and expanding internationally to deliver even greater value to our customers. I would like to thank Summa Equity for their partnership over the years.”

Since Stirling Square acquired a majority stake in 2023, Infobric has experienced strong growth in its innovative core digital solutions. Stirling Square has a proven track record of investing in the global construction technology sector demonstrated by its successful investment in Hubexo, and the company’s expansion from a Nordic market leader to a global market intelligence and sales enablement software platform present in 22 countries. Stirling Square brings extensive experience investing in the Nordics, with its current portfolio including Hubexo, Logent, Assist24 and SAR.

KKR is making the investment primarily through its Global Impact Fund II, which focuses on investing in companies whose core products and services help deliver commercial solutions to societal challenges and which contribute measurable progress toward the UN Sustainable Development Goals (“SDGs”). Infobric’s solutions help to improve working conditions at construction sites, with customers reporting measurable improvements in worker safety outcomes and suppliers’ adherence to labor laws, thereby contributing to UN Sustainable Development Goal 8 (Decent Work and Economic Growth). The investment is KKR Global Impact’s first investment in the Nordics and builds on the firm’s recent investments in leading Swedish companies Etraveli and Karo Healthcare. KKR has a long track record of investing in technology-enabled services businesses across Europe and globally, bringing extensive experience, access to capital, operational expertise and a global platform.

As part of the transaction, which is subject to customary closing conditions, Summa Equity will exit its minority investment in Infobric. Financial terms are not being disclosed. Goodwin Procter LLP and Vinge AB acted as legal advisors. Arma Partners served as financial advisor to KKR and Kirkland & Ellis and Roschier served as legal advisors.

About Infobric

Infobric Group is a leading digitalisation partner for the construction industry in the Nordics and the UK. We are on a mission to digitalise the construction industry – with a clear focus on making it more productive, safer, and more sustainable. Since 2023, Stirling Square Capital Partners is the majority owner of Infobric. Learn more on www.infobric.com.

About Stirling Square Capital Partners

Stirling Square Capital Partners was founded in 2002 as a pan-European private equity firm specialized in internationalizing and digitizing mid-market businesses with an enterprise value between EUR 100m and EUR 500m. The firm manages over EUR 3bn on behalf of a global and diverse investor base. Since inception, Stirling Square has invested in 30+ platform companies and 100+ add-on acquisitions globally, helping to create regional and global champions. For more information, visit www.stirlingsquare.com.

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.

Infobric
Caroline Rudbeck
Caroline.Rudbeck@infobric.com

KKR
UK
Alastair Elwen / Oli Sherwood
KKR-LON@fgsglobal.com

Sweden
Peter Lindell
plindell@brunswickgroup.com

Stirling Square
Chris Sibbald
StirlingSquare-LON@fgsglobal.com

Source: KKR

 

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Wrike Announces Winners of Second Annual Elite 100 Awards

Stg Partners

Wrike, the intelligent work management platform, today announced the winners of its second annual Wrike Elite 100 Awards, honoring customers who exemplify extraordinary expertise in leveraging Wrike to innovate, collaborate, and deliver measurable impact across their organizations. This year’s program expanded to include two new categories: AI Strategy and Engagement, reflecting Wrike’s continued investment in artificial intelligence and visual collaboration.

“The 2025 Wrike Elite 100 winners showcase the best of what’s possible when teams embrace intelligent work management,” said Alexey Korotich, Chief Product Officer at Wrike. “These leaders are setting the bar for innovation, collaboration, and efficiency by unlocking the full potential of the Wrike platform and its recent innovations in AI, automation, and visual collaboration tools.”

“We are thrilled to celebrate the remarkable achievements of this year’s winners,” said Christine Royston, Chief Marketing Officer at Wrike. “Their stories prove the power of Wrike to transform work, empower teams, and drive extraordinary results across industries. We look forward to spotlighting their accomplishments in the coming months.”

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SAI360 Recognized With Fall 2025 G2 Badges

Stg Partners

SAI360, a global leader in ethics, governance, risk, and compliance (GRC) technology, announced it is a recipient of multiple G2 Fall 2025 badges. Based on verified customer reviews and satisfaction scores from G2, the badges highlight SAI360’s innovative GRC platform. 

SAI360 was awarded the following four badges:

  • Highest User Adoption – Enterprise Ethics & Compliance Training
  • High Performer – Business Continuity Management
  • Leader – Enterprise Operational Risk Management
  • Users Love Us – SAI360 GRC Platform

“This recognition is meaningful because it reflects not just our technology, but the trust and insights of those who rely on us every day,” shares SAI360 CEO Peter Granat. “We are honored to be selected by G2 and appreciate our customers for taking the time to share their feedback.”

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