Amit Chowdhry

D Cubed Group, a long-duration private market investor backed by high-net-worth business founders and executives, announced the successful closing of its sale of KPS Global (KPSG), the leading provider of custom insulated panel systems, to Viessmann Generations Group.

Epicor, a leader of industry-specific enterprise software to promote business growth, announced it acquired Solenium Group and its sister company, Visual SKUs. Both are long-standing Epicor partners and leading providers of Product Information Management (PIM) and Digital Asset Management (DAM) solutions for the Automotive Aftermarket.

Meketa Investment Group – a global investment consulting and fiduciary management (OCIO) firm – announced the firm recently crossed $2 trillion in assets under advisement, serving over 250 clients. To support new client growth, the firm has added two consultants. Steve Voss joined the firm as a shareholder, managing principal, and consultant.

Leading software investment firm Thoma Bravo announced the acquisition of a majority stake in USU Product Business. Combining Thoma Bravo's extensive experience and global software investment expertise with USU's product portfolio is expected to accelerate the company's growth trajectory and enhance its ability to deliver innovative solutions to customers. And USU Product will continue to operate under the leadership of its existing management team. Benjamin Strehl, currently Co-CEO of USU Software AG, will become CEO of USU Product and Bernhard Oberschmidt will join the board of directors.

PowerSchool Holdings, a leading provider of cloud-based software for K-12 education, announced the closing of its acquisition by Bain Capital for $22.80 per share in cash, representing a total enterprise value of approximately $5.6 billion.

OceanSound Partners – a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated enterprise end markets – announced the final close of its second fund, OceanSound Partners Fund II, LP with $1.49 billion in total capital commitments.

Autonomous medical coding leader Nym announced a $47 million growth investment led by PSG (a leading growth equity firm specializing in partnering with software and technology-enabled services companies). And this new funding includes participation from existing and new investors including Google Ventures, Addition, Samsung Next and Dynamic Loop Capital.

Eon, a next-generation cloud backup solution, announced its launch from stealth, and the company raised a total of $127 million in funding. This first backup autopilot for the age of cloud infrastructure and Eon monitor cloud resource sprawl and bring cloud backup posture management (CBPM) to enterprises. Eon also replaces legacy backup tools and generic snapshots, transforming backups into useful, easy-to-manage assets.

Prospect Partners, a leading pre-lower-middle market private equity firm, announced the final closing of Prospect Partners Fund V at its hard cap of $225 million. This oversubscribed Fund hit its hard cap after nine months in the market.

Tines is a company that offers the only workflow platform that delivers powerful automation and orchestration straight into the hands of any member of your organization. Pulse 2.0 interviewed Tines founder Eoin Hinchy.