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
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.
Rotageek is a workforce management scheduling software that uses cloud-based technology and machine learning.
Accelalpha is a technology consulting firm focused on the implementation of oracle products both in the cloud and on premise.
April 2020 – RLG 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.
RIMES Technologies is a provider of managed data services and regulatory technology solutions for financial institutions.