JAMA SOFTWARE acquired by FRANCISCO PARTNERS

Cadence Design Systems has completed the acquisition of BETA CAE Systems International AG, a provider of multi-domain engineering simulation solutions. The acquisition is a cornerstone of Cadence’s "Intelligent System Design" strategy, designed to accelerate the company's expansion into the structural analysis market. By adding BETA CAE’s simulation capabilities—specifically in structural and mechanical analysis—to its existing portfolio of electromagnetic, thermal, and fluid dynamics solutions, Cadence creates a comprehensive multiphysics analysis platform

This operation represents a strategic corporate acquisition for Amadeus. The operation facilitates a complete and highly successful exit for the historical private equity sponsor and the original founding team, who had robustly scaled the enterprise during a prolonged period of strong growth. The primary strategic rationale underpinning this consolidation is to directly integrate the target's advanced biometric hardware and software capabilities into the acquirer's massive portfolio. This powerful combination will distinctly allow Amadeus to offer a fully comprehensive passenger experience, flawlessly covering every step from initial flight booking through automated border control to final boarding

American Express Global Business Travel has entered into a definitive agreement to acquire CWT, executing a transaction structured on a cash-free and debt-free basis. The strategic consideration will be comprehensively funded through a sophisticated combination of newly issued common stock and available cash on hand, specifically utilized to facilitate the retirement of existing debt obligations and satisfy the remaining transaction requirements. This strategic maneuver is inherently designed to trigger a major sector consolidation within the B2B travel and expense management industry

Eyelit Technologies, a portfolio company of Banneker Partners, has completed the 100% acquisition of Optessa Software. The transaction serves as a strategic tuck-in to expand Eyelit’s product portfolio, adding critical planning and scheduling capabilities to its existing execution-focused software suite. The acquisition represents a move toward "closed-loop" manufacturing, unifying planning (Optessa) with execution (Eyelit). By integrating Optessa’s AI-powered scheduling engine with its MES and quality management platform, Eyelit aims to offer a more holistic and predictive solution to industrial customers

Lightspeed Venture Partners has led a $64 million Series B financing round for Intenseye. The investment represents a significant capital injection aimed at accelerating the company's product development and global market expansion, following a period of strong customer adoption among large-scale industrial enterprises. The investment thesis is driven by the significant disconnect between increasing global safety regulations and the archaic, manual nature of current EHS software. Lightspeed identifies Intenseye as a unique operator capable of delivering immediate, tangible ROI through a proactive safety paradigm

Roper Technologies has entered into a definitive agreement to acquire Procare Solutions from Warburg Pincus and TA Associates. The transaction marks a successful exit for Warburg Pincus, which held the majority stake for over five years, during which time Procare transitioned into a next-generation SaaS leader through aggressive product innovation and strategic acquisitions. The strategic rationale for Roper is to add a high-quality, vertically-focused software asset with a massive installed base in the resilient early childhood education sector

Sogelink acquired Geopixel, marking its fourth acquisition in two years. This targeted transaction allows Sogelink to integrate a specific "brick" of expertise: converting field topography data into 2D plans. The strategic rationale is driven by cross-selling, as Sogelink plans to deploy Geopixel's solution across its extensive portfolio of 20,000 clients.

This primary growth capital transaction establishes a new capitalization structure for Asys, installing CAPZA as the lead minority institutional shareholder while ensuring that CEO Anne-Sophie Kieffer maintains majority equity control alongside an expanded group of key senior managers who are accessing equity ownership for the first time. The transaction occurs at a strategic inflection point as the business seeks to fully migrate its legacy software installation base into a modern, high-margin multi-tenant subscription framework to maximize net revenue retention

CVC Capital Partners entered into exclusive negotiations to acquire a majority stake in Sogelink from Keensight Capital. Keensight, which had led the previous LBO in 2019, will reinvest alongside CVC to retain a significant minority stake. The process, managed by Raymond James, was competitive with interest from Silver Lake and Eurazeo. The transaction is supported by a robust debt package provided by Sixth Street, Blackstone, and Goldman Sachs. The roadmap focuses on accelerating organic growth and pursuing further M&A in Europe

Amethis acquired a majority stake in CBS in a primary LBO transaction. The investment is designed to support the group's expansion and to accelerate the technological shift of its software suite towards SaaS and cloud-native models.