Private Equity stories - Page 2

CloudBolt Software appoints Rod Squires as CEO, following its acquisition of StormForge, aiming to enhance its AI/ML capabilities in cloud financial management.

YFM Equity Partners boosts investment in WorkBuzz to GBP £8.8m as the platform's revenue nears GBP £5m, backing AI-driven employee engagement growth.

Acuity Knowledge Partners launches Agent Fleet, an AI platform designed to boost efficiency for banks, asset managers and private equity firms without more staff.

SmartBear appoints Nate Lewis as SVP of Corporate Development to lead M&A strategy and transform the company into an AI-native organisation.

QuikBot Technologies appoints three senior executives to bolster leadership and attract capital for expanding its autonomous urban logistics platform globally.

Turn/River Capital has acquired SolarWinds for USD $4.4 billion, taking the company private and removing it from the New York Stock Exchange.

Allvue Systems launches Nexius, a cloud-native AI-ready data platform to streamline private capital data management and analytics globally.

SYSPRO appoints Leanne Taylor as Chief Revenue Officer to drive global growth and digital transformation following Advent International acquisition.

Lab0 has appointed Jim Grogan and Kelly Riedel to its Board of Directors, aiming to enhance its leadership in robotics automation and supply chain innovations.

Boman Group has appointed Eva Zhuang as a Partner, making her the first woman in the role, as the firm prepares to launch new funds in 2024.

Finity has appointed Dale Simkiss as a Non-Executive Director, leveraging his extensive recruitment expertise to drive compliance and operational efficiency.

AI is revolutionising risk management in private equity, enabling firms to navigate data privacy challenges and enhance decision-making strategies effectively.

Magaya has revamped its database system with Tessell's managed PostgreSQL, boosting performance tenfold and ensuring efficient cloud scalability.

Banyan Software has acquired healthcare technology firm Medtech Global, enhancing its reach in Australia and New Zealand's healthcare markets.

Thoughtworks has announced key leadership changes with Chief Strategy Officer and APAC Regional Managing Director appointments.

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

Jon James has been appointed as CEO of BT Business, set to take the helm next month, as the company shifts focus towards the UK market.

A report by Menzies reveals 90% of UK tech firms face significant financial hurdles, with high operational costs and funding difficulties limiting growth.

An expert panel has raised concerns about government support for UK tech innovation, highlighting gaps that threaten the growth of SMEs seeking R&D funding.

Gamma plans to acquire STARFACE Group from Maxburg to strengthen its foothold in Europe's cloud communications market, pending regulatory approval.