top of page

Newsroom and Blogs


Allied Advisers Served as Exclusive Sell-Side Advisor to DDI on Their Exit to Walmart
Summary: Allied Advisers is pleased to congratulate Delivery Drivers Inc. (DDI) on its exit to Walmart. DDI provides driver management and compliance solutions that support last-mile delivery networks by handling onboarding, payments, and back-office operations for independent delivery drivers. Walmart operates one of the largest retail and e-commerce platforms globally and has been expanding its last-mile delivery capabilities to support online grocery and general merchandis
Aug 28, 20222 min read


Allied Advisers Serves as Sell-Side Advisor to Peltarion on Their Exit to Activision Blizzard King
Summary: Allied Advisers is pleased to congratulate Peltarion on its exit to King, part of Activision Blizzard. Peltarion provides an operational AI platform that enables organizations to build, deploy, and manage machine learning models across enterprise environments. King is a leading mobile game developer and the creator of globally recognized franchises including Candy Crush, and operates as part of Activision Blizzard’s gaming portfolio. The transaction strengthens King’
Jun 12, 20222 min read


Allied Advisers Serves as Sell-Side Advisor to Eureqa on Their Exit to Worksoft / Marlin Equity
Summary: Allied Advisers is pleased to congratulate Eureqa on its exit to Worksoft, a portfolio company of Marlin Equity Partners. Eureqa provides process intelligence and automation discovery software that helps organizations identify, analyze, and optimize business processes across enterprise systems. Worksoft delivers intelligent test automation solutions designed to support enterprise application environments and large-scale digital transformation initiatives. The transac
May 22, 20222 min read


Allied Advisers Serves as Sell-Side Advisor to Ventureforth on Their Exit to Prometheus Group
Summary: Allied Advisers is pleased to congratulate Ventureforth on its exit to Prometheus Group. Ventureforth provides SAP-certified mobility and warehouse management solutions that enable frontline and warehouse workers to access enterprise systems through mobile devices and streamline operational workflows. Prometheus Group delivers enterprise asset management and field service management software designed to support asset-intensive industries. The transaction expands Prom
Nov 30, 20211 min read


Allied Advisers Serves as Sell-Side Advisor to Lore IO on Their Exit to Alteryx
Summary: Allied Advisers is pleased to congratulate Lore IO on its exit to Alteryx. Lore IO developed a cloud-native data modeling and data engineering platform that enables organizations to prepare, model, and manage data in modern cloud data warehouses. Alteryx provides an end-to-end analytics automation platform that helps enterprises prepare, analyze, and operationalize data for business decision-making. The transaction strengthens Alteryx’s capabilities in cloud data man
Oct 23, 20212 min read


Allied Advisers Advises ScaleGrid on Their Growth Financing by Spotlight PE
Summary: Allied Advisers is pleased to congratulate ScaleGrid on its growth financing from Spotlight Equity Partners. ScaleGrid provides a fully managed database hosting and database-as-a-service platform that helps organizations deploy, monitor, and scale open-source and enterprise databases across cloud and hybrid environments. Spotlight Equity Partners is a private equity firm focused on investing in growth-stage software and technology-enabled services companies. The inve
Jul 19, 20212 min read


Allied Advisers Serves as Sell-Side Advisor to CloudQuest on Their Exit to Deloitte
Summary: Allied Advisers is pleased to congratulate CloudQuest on its exit to Deloitte. CloudQuest provides cloud security posture management (CSPM) solutions that help organizations identify, monitor, and remediate security risks across complex cloud environments. Deloitte is a global professional services firm offering consulting, advisory, tax, audit, and risk management services to enterprises and government organizations worldwide. The transaction strengthens Deloitte’s
Jun 6, 20211 min read


Allied Advisers Serves as Advisor in Sale of 21Labs to Perforce
Summary: Allied Advisers is pleased to congratulate 21Labs on its sale to Perforce. 21Labs developed an AI-based, scriptless mobile testing platform that enables organizations to automate application testing without requiring manual scripting. Perforce provides enterprise-scale development tools that support DevOps, version control, and automated testing for software development teams. The transaction expands Perforce’s testing portfolio and strengthens its ability to help de
May 16, 20211 min read


Allied Advisers Serves as Advisor in Sale of Kaptivo to Lifesize
Summary: Allied Advisers is pleased to congratulate Kaptivo on its sale to Lifesize. Kaptivo developed a digital whiteboard capture and collaboration solution that enables remote and in-room participants to view and share physical whiteboard content in real time. Lifesize provides cloud-based video conferencing and collaboration solutions designed to support enterprise communications and hybrid work environments. The transaction enhances Lifesize’s collaboration capabilities
May 16, 20211 min read


Allied Advisers Serves as Sell-Side Advisor to Spunago in Sale to IBM
Summary: Allied Advisers is pleased to congratulate Spanugo on its sale to IBM. Spanugo developed a cloud security and continuous compliance platform that helps organizations automate compliance monitoring and manage regulatory requirements across cloud environments. IBM is a global technology and consulting company providing enterprise infrastructure, cloud computing, and security solutions to organizations worldwide. The transaction strengthens IBM’s cloud security portfoli
Jun 21, 20201 min read


Allied Advisers Served as Sell-Side Advisor to KeyNexus on its Sale to StorMagic
Summary: Allied Advisers served as sell-side advisor to KeyNexus on its acquisition by StorMagic. The transaction expands StorMagic’s capabilities in encryption and key management, enabling organizations to better secure data across edge and distributed environments. The combination supports a more comprehensive solution for managing, protecting, and controlling access to sensitive data, particularly in remote and resource-constrained locations. The integration of KeyNexus st
May 31, 20201 min read


Allied Advisers Served as Sell-Side Advisor to Entreda on its Sale to Smarsh, a Portfolio Company of K1 Investment Management
Summary: Allied Advisers served as sell-side advisor to Entreda on its acquisition by Smarsh, a portfolio company of K1 Investment Management. The transaction expands Smarsh’s capabilities into cybersecurity risk and compliance for the wealth management industry, supporting a more comprehensive platform for managing regulatory, communications, and security requirements. The combination enables deeper visibility into cyber risk and strengthens the ability of financial firms to
May 21, 20201 min read


Allied Advisers Served as Sell-Side Advisor to Parity Computing on its Sale to Elsevier
Summary: Allied Advisers served as sell-side advisor to Parity Computing on its acquisition by Elsevier. The transaction supports the expansion of advanced analytics capabilities in urban mobility and infrastructure, enabling the development of data-driven solutions to improve traffic flow, reduce congestion, and enhance transportation system efficiency. Parity Computing’s collective intelligence technology will be integrated to strengthen intelligent decision-making across c
Jul 29, 20191 min read


Allied Advisers Served as Sell-Side Advisor to Rtap.io on its Sale to Accenture
Summary: Allied Advisers served as sell-side advisor to Rtap.io on its acquisition by Accenture. Rtap.io provides real-time data integration and streaming technology that enables enterprises to process, analyze, and act on high-velocity data across complex systems. Accenture is a global professional services firm with leading capabilities in digital, cloud, and data transformation. The acquisition enhances Accenture’s ability to deliver scalable, real-time data and AI-driven
Jul 11, 20181 min read
bottom of page
