Private Equity stories

Open ECX wins PEPPOL access point status as the UK edges towards mandatory e-invoicing, expected to be introduced by 2029.

ProGlove co-founder Konstantin Brunnbauer becomes managing director as CEO Stefan Lampa steps down and shifts to an advisory role.

Searchlight Cyber has promoted former product chief Michael Gianarakis to CEO as founder Ben Jones moves to a strategic board role.

Marketplace platform Azzet adds veteran Australian executive Yvonne Howie to its board as it ramps up governance for global expansion.

Conga buys PROS’ B2B software unit, fusing AI-driven pricing with quoting and contract tools for over 10,000 enterprise customers.

CyberFOX secures nine-figure backing from Level Equity and Radian to scale MSP-focused security tools, AI projects and global expansion.

UK tech, IT and telecoms leaders grow bolder on risk, eye private equity backing and global expansion despite rising cost pressures.

Teciem debuts in London as an independent treasury software group, backed by Apax and serving more than 340 financial institutions.

Cruxy names Rebecca Osman CFO and COO to spearhead international expansion and deepen work with private equity-backed tech firms.

Delivery Group secures GBP £45m hybrid refinancing from Investec to fuel eCommerce network expansion and operational investment plans.

Access names Jon Jorgensen co-CEO with Chris Bayne to split tech and commercial roles as it targets AI-fuelled growth off GBP £1.2 billion sales.

ITSEC Asia boss Patrick Dannacher wins APAC CEO of the Year for steering an AI-led cyber platform shift and regional security expansion.

Azzet names governance veteran Henry Stoever to its board as it accelerates the global rollout of its premium asset marketplace.

Summize raises USD $50m to accelerate its AI-powered contract platform, targeting rapid expansion across the UK and US legal markets.

Wage inflation at IT solution providers is forecast to cool to historic norms by 2026, boosting margins despite stark regional differences.

UK MSPs say post-merger tech and culture clashes are pushing up costs, delaying EBITDA gains and risking client disruption, POPX warns.

Sydney-based Openmarkets to go public on Nasdaq via USD $300m SPAC merger with Lake Superior, targeting completion in 2026.

Kore.ai lands fresh backing led by AllianceBernstein to grow its enterprise agentic AI platform and accelerate global expansion plans.

Tricentis hires two senior leaders to accelerate AI-led growth after hitting USD $400 million ARR and securing USD $1.33 billion backing.

Microsoft partner mhance names Chris Allan as CEO to drive cloud, data and AI-led growth under private equity owner SilverTree Equity.