Melbourne, Australia | October 2021 Quadrant Private Equity, Five V Capital, Rodney Kagan, L Capital and other shareholders of Probe CX (“Probe” or the “Company”) today announced they have entered into an agreement under which KKR will acquire a majority stake in Probe alongside existing management. The…

Rochelle Park, New Jersey | September 2021 L Capital Fund II LP has made an investment in ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, alongside GI Partners. The investment is part of an all-cash transaction that values ORBCOMM at approximately $1.1 billion, including net debt. Under the…

Burlington, Massachusetts| April 2021 Everbridge, Inc. (NASDAQ: EVBG) and xMatters today announced that the two companies have signed a definitive agreement for Everbridge to acquire xMatters for a purchase price of approximately $240 million in cash and stock, pending regulatory review and other customary…

Sydney, Australia | February 2021 L Capital Fund I portfolio company Ascender, a leading payroll and HR solutions provider in Asia Pacific, has announced it has entered into a definitive agreement to be acquired by Ceridian (NYSE:CDAY; TSX: CDAY), a global HCM technology and services company. Ascender will broaden…

Paris, France | December 2020 L Capital Fund II has made a growth equity investment in Mirakl, a European eCommerce marketplace SaaS platform, alongside Permira, a leading private equity fund out of Europe with €44B in AUM. L Capital has previously invested with Permira in previous portfolio companies: Klarna,…

Elemica’s acquisition of ProcessWeaver will complement Elemica’s transportation management capabilities with carrier-compliant parcel shipment execution—allowing companies in the network to digitally integrate 100 percent of their shipments for improved transportation economics. Wayne, PA | December…

San Francisco, California | December 2020 L Capital Fund I portfolio company Syndigo (fka “Gladson”), a leading provider of a software-as-a-service for product information management and syndication, has announced a new round of growth equity investment led by Summit Partners (“Summit”), a global alternative…

Melbourne, Australia | October 2020 L Capital Fund I and Fund II portfolio company, PROBE Group, has completed the acquisition of their leading competitor, Stellar. PROBE is now the largest Australian-owned provider of customer contact and communication solutions (BPO) in Australia. Both organizations have long…