UserTesting to be Acquired by Thoma Bravo and Sunstone Partners for $1.3Bn

UserTesting stockholders to receive $7.50 per share in cash Deal price represents a 97% premium to the 30-day VWAP UserTesting to become a privately held company upon completion of the transaction October 27, 2022 08:30 AM Eastern Daylight Time SAN FRANCISCO--(BUSINESS WIRE)--UserTesting, Inc. (NYSE: USER), a leader in video-based human...

Google Ecosystem Leaders 66degrees and Pandera Systems Join Forces with Additional Growth Equity Investment from Sunstone Partners

66degrees and Pandera Systems are joining forces with additional investment from Sunstone Partners. Combined business positioned to be the Google Cloud ecosystem leader in professional services. CHICAGO, OCTOBER 25, 2022 - 66degrees, a Google Cloud Premier Partner, announced its merger with Pandera Systems, with additional investment from Sunstone Partners, creating...

Sunstone Partners Raises $925 Million Fund III

Firm will continue to invest in profitable technology-enabled services and software companies SAN MATEO, CALIFORNIA, - October 12, 2022 - Sunstone Partners, a growth-oriented private equity firm, announced today the final institutional close of its oversubscribed $925 million third fund, Sunstone Partners III ("Fund III"), at its hard cap. Fund...

Knowtion Health Acquires Amplus and Announces Goal of Developing the
Most Broadly Used, On-Shore, RCM Low Balance Recovery Offering

Knowtion Health Acquires Amplus and Announces Goal of Developing the Most Broadly Used, On-Shore, RCM Low Balance Recovery Offering BOCA RATON, Florida and TORRANCE, Calif., October 7, 2022 – Knowtion Health, formerly RSource Healthcare, and Amplus announced today that Knowtion Health has acquired Amplus, a healthcare revenue cycle A/R resolution...

NetSPI Raises $410 Million in Growth Funding from KKR

New investment to fuel the offensive security leader’s record-breaking growth and innovation pipeline Minneapolis, MN – October 5, 2022 – NetSPI, a leader in enterprise penetration testing and attack surface management, today announced that global investment firm KKR is increasing its investment in the company with $410 million in new...