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Back to blog July 27, 2020 No Comments Author: Andy Jones

Private Equity Continues to Invest in Technology Companies

Private equity platform investments in technology companies increased significantly in 2020YTD as a percentage of all PE deals. This is likely an influence of Covid-19, as private equity firms continued to close new investments in technology companies compared to the collective “pause” the PE firms placed on other industries.

Sample Private Equity Investments in Technology Companies

May 2020BV Investment Partners made a significant investment in StraighterLine (Baltimore, MD).

Straighterline is an education technology company that provides scalable solutions to deliver affordable, effective and accelerated learning pathways to formal degree programs and widely recognized industry credentials.

 

May 2020Calculus Capital invested £2m in Rotageek (London, UK) alongside Mobeus, which first invested in Rotageek in 2018, in a £6 million new investment round, alongside angel investors.

Rotageek is a workforce management scheduling software that uses cloud-based technology and machine learning.

 

April 2020Century Park Capital Partners completed a majority recapitalization of Accelalpha (Bellevue, WA).

Accelalpha is a technology consulting firm focused on the implementation of oracle products both in the cloud and on premise.

 

April 2020RLG Capital & Trinity Private Equity Group made a $38 million investment in eLearning Brothers, enabling its simultaneous acquisition of Trivantis and Edulence. Co-investors include HCAP Partners and Eagle Marsh Holdings with a senior debt facility provided by KeyBank. Trivantis was acquired from StoneCalibre.

eLearning Brothers is a corporate learning technology company that provides a complete suite of integrated training development and delivery tools.

 

March 2020 – The EQT Mid-Market Europe fund made a significant growth investment in RIMES Technologies (New York, NY).

RIMES Technologies is a provider of managed data services and regulatory technology solutions for financial institutions.