Jul
30
Nebula Caravel Acquisition Corp. Completes Business Combination with Rover

Combined Company renamed Rover Group, Inc. and will trade on the Nasdaq Stock Exchange on August 2, 2021

San Francisco, CA, July 30, 2021 - A Place for Rover, Inc. (“Rover”), the world's largest network of five-star pet sitters and dog walkers, and Nebula Caravel Acquisition Corp. (NASDAQ: NEBC) ("Caravel"), a special purpose acquisition company sponsored by True Wind Capital Management, L.P. (“True Wind Capital”), announced today that they have closed their previously announced business combination agreement. The business combination was approved by Caravel’s stockholders at a meeting held on July 28, 2021.

Upon completion of the business combination, Caravel cha...


Apr
01
Open Lending Corporation Announces Pricing of Upsized Secondary Offering

AUSTIN, Texas, April 01, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation, (“Open Lending”) (Nasdaq: LPRO), a leading provider of lending enablement and risk analytics solutions to financial institutions, announced today the pricing of a secondary public offering of 9,000,000 shares of its common stock at a public offering price of $34.00 per share. The offering was upsized from the previously announced offering size of 7,500,000 shares. All shares are being sold by existing stockholders, including Nebula Holdings, LLC., a True Wind Capital, L.P. managed entity, Bregal Sagemount and certain executive officers of Open Lending. The selling stockholders have also granted the underw...


Feb
11
Rover, the World’s Largest Network of Five-Star Pet Sitters and Dog Walkers, Announces Plans to Become a Public Company via a Merger with True Wind Capital’s SPAC, Nebula Caravel Acquisition Corp.

  • Over 2 million pet parents have booked a service on Rover with more than 500,000 pet care providers across North America and Europe

  • Transaction values the combined company at an enterprise value of $1.350 billion and is expected to provide approximately $325 million in gross cash proceeds to the Company that will enable continued investment in growth, market expansion, and product development

  • As part of the transaction, additional investors have committed to participate in the transaction through a $50 million private placement of common stock

  • Investor call scheduled for February 11, 2021 at 3:00 p.m. ET


SEATTLE, WASHINGTON, February 11, 2021 /PR Newswire/ – A Place for Rover, Inc. (&ldqu...


Jan
06
Sysnet Global Solutions acquires NuArx to expand solutions and market position in North America

The acquisition expands Sysnet’s commitment to delivering cyber security and compliance solutions to organizations globally.


DUBLIN, IRELAND, January 6, 2021 /BUSINESS WIRE/– Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announces that it has acquired NuArx, Inc. to further enhance Sysnet’s technology platform and accelerate its market expansion. NuArx, Inc. is a market-leading provider of PCI compliance, managed security and digital transformation solutions for the restaurant, convenience, grocery and retail industries throughout North America, and is headquartered in Southfield, MI.


The acquisition comes at a time when cyber-c...


Dec
09
Open Lending Corporation Announces Pricing of Upsized Secondary Offering

AUSTIN, December 09, 2020 /GLOBE NEWSWIRE/ -- Open Lending Corporation, (“Open Lending”) (Nasdaq: LPRO), a leading provider of lending enablement and risk analytics to credit unions, regional banks and captive finance companies of Original Equipment Manufacturers, announced today the pricing of a secondary public offering of 9,500,000 shares of its common stock at a public offering price of $28.00 per share. The offering was upsized from the previously announced offering size of 8,000,000 shares. All shares are being sold by existing stockholders, including Nebula Holdings, LLC., a True Wind Capital, L.P. managed entity, Bregal Sagemount and certain executive officers of Open Le...


Dec
08
Sysnet Global Solutions Acquires Viking Cloud to Bolster Enterprise Security

DUBLIN, IRELAND, December 8, 2020 /BUSINESS WIRE/ – Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announces that it has acquired Viking Cloud to further enhance its technology platform and accelerate its market expansion plans. Viking Cloud delivers asset, event and compliance management through its industry-leading next-generation cloud security platform.

The acquisition reaffirms Sysnet’s commitment to enterprise-level merchants and elevates the company to the clear market leader in the industry that it serves. The combination also comes at a time when businesses of all sizes are being targeted by cyber criminals, especially the la...


Dec
07
Open Lending Corporation Announces Launch of Secondary Offering and Share Repurchase

AUSTIN, December 07, 2020 /GLOBE NEWSWIRE/ -- Open Lending Corporation, (“Open Lending”) (Nasdaq: LPRO), a leading provider of lending enablement and risk analytics to credit unions, regional banks and captive finance companies of Original Equipment Manufacturers, announced today the launch of a secondary public offering of 8,000,000 shares of its common stock. The selling stockholders have also granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of common stock. All shares are being sold by existing stockholders, including Nebula Holdings, LLC., a True Wind Capital, L.P. managed entity, Bregal Sagemount and certain executive officers of Open L...


Dec
02
Sysnet Global Solutions Acquires the Managed Compliance Solutions (MCS) Division of ControlScan, Inc. to Boost SMB Security Worldwide

DUBLIN & ATLANTA, December 2, 2020 /BUSINESS WIRE/ --Sysnet Global Solutions, the leading provider of cyber security and compliance solutions for SMBs, today announced that it has acquired the Managed Compliance Solutions (MCS) division of ControlScan, Inc., a U.S. leader in managed security services specialising in compliance, detection and response. Terms of the deal were not disclosed.The acquisition comes at a time when SMBs find themselves more vulnerable than ever before to online security attacks. Security issues were already on the rise last year according to the latest research from Ponemon Institute, with regions such as the U.S. seeing instances increasing by as much as 21% year-...


Nov
09
Zix Acquires Leading Cloud-Based Backup and Recovery Provider CloudAlly

DALLAS, November 9, 2020 /BUSINESS WIRE/-- Zix Corporation (Zix), (Nasdaq: ZIXI), a leading provider of cloud email security, productivity and compliance solutions, has acquired privately-held CloudAlly Ltd., an industry leader in cloud-based data backup and recovery for business.

CloudAlly Overview

Founded in 2011, Israel based CloudAlly is a pioneer of enterprise-grade, software-as-a-service (SaaS) cloud backup and recovery solutions. The company offers a robust suite of award-winning, ISO 27001 certified and GDPR/HIPAA compliant solutions for Microsoft Office 365, Google Workspace (formerly G Suite), SharePoint, OneDrive, Salesforce, Box and Dropbox. CloudAlly is a channel-first provider, s...


Oct
30
True Wind Capital Announces Strategic Partnership with The American Institute of Architects (AIA) and its Contract Documents Business (ACD)

SAN FRANCISCO, October 30, 2020 /PRNewswire/ - True Wind Capital, a technology focused private equity firm, will invest alongside AIA in AIA Contract Documents, the construction industry’s leading provider of customizable legal contracts. As part of AIA, ACD has been the gold-standard of legal documents and a thought leader within the construction industry for more than 130 years with a legacy dating back to 1888.


Founded in 1857, AIA works to create valuable, healthy, secure and sustainable buildings and communities. It is one of the largest professional associations in the U.S. AIA will continue to play a significant role in the future and direction of ACD.


“We are incredibly exc...