Private Equity stories

Sovos hires Self Financial veteran David McCann to steer global technology push as it scales AI-driven tax compliance tools for multinational clients.

Newo names Jason Luo Chief Executive Officer after USD $25 million funding round as it targets small businesses missing inbound calls.

Azul wins a bigger enterprise foothold as FY26 bookings leap, partners expand and a Thoma Bravo-backed deal and Payara buyout widen its Java push.

Alchelyst boosts post-merger build-out with senior hires and a new New York hub to support private markets growth.

Elixirr and Pilot Lite join forces to help consumer goods groups turn AI-driven market data into faster in-store decisions amid industry upheaval.

SaaS chiefs forecast a pricing overhaul within two years as AI cuts licence demand and pushes customers to demand value-based deals.

Caruso lands AUD $9.3 million from Icehouse Ventures and GD1 as Centuria joins 80-plus clients using its AI-native fund administration platform.

Bitget opens retail pre-IPO access with SpaceX-linked tokenised offering, as the exchange pushes deeper into private-market trading and tokenisation.

Apax Digital takes stake in London FX risk firm MillTech in USD $60 million deal as North American expansion gathers pace.

Accordion snaps up A5 to widen Salesforce, data and AI services for private equity clients across North America, EMEA and India.

Private equity-backed firms use paid AI tools more than most peers, but many still struggle to turn sponsor pressure into practical finance gains.

Creative ITC appoints veteran industry executive Lewis Pinner as Chief Revenue Officer to drive overseas expansion and deepen customer growth.

OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.

Syspro appoints Chief Revenue Officer Leanne Taylor as Chief Executive Officer in a planned handover, as Jaco Maritz moves to a board role.

Earlyasset emerges from stealth with $2 million pre-seed backing to build infrastructure for broader private market share sales.

Sapling Financial Consultants opens New York office and appoints Billy Snider as Head of New York Partnerships to deepen US mid-market ties.

AlphaSense unveils custom AI agents and expert call tools to automate research workflows for financial and corporate intelligence teams.

GeoWealth extends its Series C with a USD $42.5m minority stake from Goldman Sachs to fuel growth while its family office keeps control.

Persistent hires Hari Abhyankar as EVP and global head of private equity, sharpening its push into investor and professional services markets.

Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.