Milana Vinn
The firm on Monday announced its $55m investment in eloomi, a global, cloud-based, people-development software company.
Riding the momentum of the application infrastructure and middleware market, Cleo grows 20% annually or more, according to a source.
The firms hired Morgan Stanley to advise on the cybersecurity company's sale process, which is expected to launch later in June, the people said.
DRB, vertical software provider for a niche segment in the automotive vertical, is likely to see a mix of strategics and PE firms bidding in the auction's first round, sources tell PE Hub.
SK Capital plans to form a premier North American wood coatings company called Canlak Coatings, which will be headquartered in North Brunswick, New Jersey.
First-round bids are due mid-June for the Irvine, California-based IT services provider.
Total funding of $131 million along with 400% growth in revenue further enhance the lead Salt holds in the API security market.
Managed service providers typically have high levels of recurring revenue, well-above-average growth and attractive margins, Trent Hickman, managing director at VSS, told PE Hub.
Otté was previously the co-head of sponsor coverage for Stout Risius Ross Advisors, where she led a team that executed transactions across a number of sectors.
The print-on-demand drop shipping and fulfillment company received a $130 million non-control investment from Bregal Sagemount.