New capital to help Printful continue to scale on-demand printing after nearly doubling revenue in 2020 -- Printful, an industry-leading print-on-demand drop shipping and fulfillment company announces a $130 million non-control investment from Bregal Sagemount, a leading growth equity firm. The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above $1 billion. The new partnership will support the launch of additional products and

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Combined Businesses to Create Best-in-Class End-to-End Platform for Fleet Management, Field Services and Video Telematics Software -- Accel-KKR, a leading tech-focused private equity firm with over $10 billion of assets under management, today announced that it has acquired GPS Insight, a fleet management software leader. Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada. Simultaneously, Accel-KKR announced that it is merging

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Also Announces Key Executive Hires, New Utah Headquarters, and Strategic Acquisition of CanIRank -- Today, Scorpion, a leading provider of technology and services helping local businesses thrive, announced a $100 million investment from Bregal Sagemount to expand its technology and customer offerings. This funding is a reflection of the exceptional growth in Scorpion's business and investor belief in its vision to empower local businesses and the communities they serve. Through Scorpion's blend of AI technology

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Acquisition Will Extend Diligent’s Modern Governance Platform with Steele’s Industry-Leading Ethics and Compliance Capabilities -- Diligent Corporation (“Diligent” or the “Company”), the modern governance company with a platform used by nearly 700,000 board directors and leaders across 19,000 clients, announced that it has signed an agreement to acquire Steele Compliance Solutions, Inc. (“Steele”), a global leader in ethics and compliance SaaS. Financial terms of the transaction were not disclosed. Steele is the trusted market leader

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Corcentric, a leading provider of business spend management and revenue management software and services, today announced the acquisition of Vendorin from Juvo Technologies for a purchase price of $100 million. Other financial terms were not disclosed, and the acquisition was financed with cash on hand following Bregal Sagemount’s investment in May 2020. Based out of Hattiesburg, MS, Vendorin is a high growth B2B integrated payments network that makes it easy for buyers to enroll and

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Procurement Advisors LLC announces its new name, logo, and website as part of comprehensive rebranding campaign. -- Procurement Advisors, North America’s leading and most data-forward group purchasing organization for Maintenance, Repair, and Operations (MRO) supplies, launches a comprehensive rebrand in response to significant investments and a rapid broadening of its analytical offerings. The change in company name to Procure Analytics reflects its high-touch, data-driven procurement solutions. Over the past several years, Procure Analytics (“PA” for

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Sagemount partner Phil Yates recently participated in the FreightWaves Venture Summit along with Truckstop CEO Paris Cole. The title for the chat was “Growth Investments: a successful entry and exit with Paris Cole of Truckstop.com and Phil Yates of Bregal Sagemount.” The conversation centered on the founding and growth of Truckstop.com and what’s next for the 25-year-old company, the largest digital freight marketplace in North America. See the full interview

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Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) and Align Financial Holdings, LLC (“Align”) today announced the completion of the sale of Hilltop’s wholly owned subsidiary, National Lloyds Corporation (“National Lloyds”), to Align on June 30. The transaction, which was first announced in January 2020, closed following the receipt of required regulatory approvals and the satisfaction of other customary closing conditions. Gross proceeds (before transaction expenses) at closing to Hilltop from the transaction were approximately $154.1 million,

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Combined Company Renamed Open Lending and Will Trade on the Nasdaq Stock Market -- Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) ("Nebula"), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind Capital”), announced today that they have closed their previously announced business combination agreement under which Nebula acquired Open Lending. The business combination was

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Corcentric, a leading provider of business spend management and revenue management software and services, announced today a significant minority growth equity investment from New York-based private equity firm, Bregal Sagemount. The $80 million capital raise will support Corcentric’s product innovation and solution integration efforts as the company continues its global expansion; helping businesses reduce costs and spend more efficiently. The investment comes on the heels of a busy 24 months for Corcentric, during which the

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