Private Equity Stories - Page 3

Global Stories

Private Equity stories

Mphasis posts stronger earnings as AI deals drive wins

AI-related contracts made up most of Mphasis's new business last year, helping lift annual deal wins 68% to USD $2.1 billion.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Santander joins GBP £550 million Ebury funding round

The deal will back Ebury’s expansion into new markets while leaving Santander with a 55% stake in the cross-border payments fintech.

By Mark Tarre • 3 min read • Last month

Internet of Things

CleanDesign raises USD $20 million for hybrid energy rollout

The funding will help industrial operators cut diesel use and emissions without replacing existing power systems, especially at remote sites.

By Sofiah Nichole Salivio • 4 min read • Fri, 1st May 2026

Digital Transformation

Thrive appoints Matt Kosovsky as Chief Financial Officer

Pressure is mounting on Thrive to tighten financial controls as the managed services and cybersecurity provider adds five acquisitions and expands into AI.

By Joseph Gabriel Lagonsin • 3 min read • Thu, 30th Apr 2026

Software-as-a-Service

YFM backs Swanky with GBP £7.6 million growth deal

The Exeter Shopify agency plans recruitment, expansion and acquisitions after YFM Equity Partners committed GBP £7.6 million to support growth.

By Karen Joy Bacudo • 3 min read • Tue, 28th Apr 2026

DataCentre infrastructure

Investors eye GPUs as alternative asset, survey finds

Despite limited familiarity, 75% of investors surveyed by Nuway Capital and KPMG Ireland said they are optimistic about GPUs as an alternative asset class.

By Karen Joy Bacudo • 4 min read • Wed, 22nd Apr 2026

Software-as-a-Service

Sovos appoints David McCann as Chief Technology Officer

The hire signals Sovos’s push to scale its compliance platform for multinational customers facing faster reporting rules and rising AI demand.

By Mark Tarre • 4 min read • Wed, 22nd Apr 2026

Unified Communications

Newo appoints Jason Luo as Chief Executive Officer

Missed calls at small firms are becoming a bigger revenue risk as Newo expands its AI receptionist tools beyond the US and into Europe.

By Mark Tarre • 4 min read • Wed, 22nd Apr 2026

DevOps

Azul momentum surges as enterprise Java demand jumps

Enterprise buyers are turning to Azul to cut Java costs and risks, with finance, healthcare and telecoms driving a 43% bookings rise.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 17th Apr 2026

Digital Transformation

Elixirr & Pilot Lite target faster CPG turnarounds

Consumer goods groups could speed products into stores as the consultancy tie-up links operating changes to live sales data and AI.

By Sean Mitchell • 4 min read • Thu, 16th Apr 2026

Stories from Other Regions

Private Equity stories

Digital Transformation

Unity Advisory appoints Marc Lien as Chief AI Officer

The hire signals Unity Advisory’s push to embed AI at the top of its model as it grows to 100 staff and targets CFO clients.

By Sofiah Nichole Salivio • 4 min read • Tue, 28th Apr 2026

Digital Transformation

mhance appoints Andy Cowdrill as Chief Revenue Officer

The Microsoft partner aims to scale its sales engine and widen its sector reach after SilverTree Equity’s takeover.

By Sofiah Nichole Salivio • 3 min read • Mon, 27th Apr 2026

Fintech

State Street honours Asia-Pacific institutional journalists

Around 250 entries underscored the region's appetite for specialist coverage, as State Street's awards again spotlighted reporting on institutional finance.

By Sofiah Nichole Salivio • 4 min read • Thu, 23rd Apr 2026

Software-as-a-Service

Huboo acquires Sorted to create joined-up logistics platform

The deal gives retailers a single system for fulfilment, shipping and returns, serving more than 400 customers across Europe.

By Sean Mitchell • 3 min read • Wed, 22nd Apr 2026

Digital Transformation

Tenarai appoints ex-GlobalLogic chief Shashank Samant

The AI services group is bolstering its board as it seeks to win enterprise clients and prove its relaunch has commercial traction.

By Mark Tarre • 4 min read • Wed, 22nd Apr 2026

Digital Transformation

Persistent posts FY26 revenue growth & £40 dividend

A stronger FY26 lifted Persistent's dividend to INR 40 a share as annual revenue climbed 17.4%, with quarterly growth extending to a 24th straight quarter.

By Karen Joy Bacudo • 3 min read • Wed, 22nd Apr 2026