Announced: March 2025 Deal Value: $4.1 B

Data and analytics provider Dun & Bradstreet was taken private by Clearlake Capital Group in a $4.1B deal at 3 times revenue for the second time after its first takeover by an investor consortium in 2019 and the following IPO in 2020.

Announced: March 2025 Deal Value: $2.9 B

Agentic AI Assistant platform Moveworks was pocketed by the top buyer in the AI space this quarter, ServiceNow, for $2.9B to boost its agentic AI offerings, complementing the acquisition of Cuein earlier this year and solidify its strategy to embrace emerging AI technologies.

Announced: March 2025 Deal Value: $1.7 B

In the infrastructure and application development space, AI developer platform Weights & Biases was picked up by GPU cloud infrastructure management software CoreWeave for $1.7B to establish itself as a comprehensive AI development environment. The acquisition extends CoreWeave's cloud platform by enabling its customers to build, tune and deploy AI applications in one unified end-to-end experience, as well as accelerating AI roadmaps.

Announced: January 2025 Deal Value: $4.2 B

Payroll and HR solutions provider Paychex scooped up its upmarket rival Paycor HCM for about $4.2B at almost 6 times revenue to broaden its suite of AI-driven HR technology solutions and consolidate its market share. This acquisition indicates a trend of consolidation in the payroll and HR industry.

Announced: March 2025 Deal Value: Reportedly $320M+

Synthetic data platform Gretel Labs was acquired by giant chipmaker Nvidia for reportedly more than $320M to strengthen its AI training tools. Nvidia’s decision to buy Gretel aligns with its strategy to enhance AI development by addressing data scarcity and privacy challenges.

Announced: March 2025 Deal Value: Undisclosed

In the IT Services space, Accenture picked up Danish AI development and data consultancy services company Halfspace in March to expand its footprint and AI capabilities in the Nordic region. As Halfspace has strong ecosystem relationships with leading AI platform companies, including Databricks, Microsoft and Nvidia, Accenture also expects to consolidate its existing relationships with these companies with this deal.

Announced: February 2025 Deal Value: $42.1 M

In the automotive technology industry, Dubai-based AI and machine learning-powered automotive solutions platform Seez was bought by the British automotive intelligence & retail software developer Pinewood for $42.1M at 8.4 times revenue in February, strengthening its products portfolio with AI virtual assistant, ML tools for vehicle appraisal and inventory management and AI-powered digital marketing. This acquisition will accelerate Pinewood’s expansion into the North American market as it has strong backing from Lithia Motors, its largest shareholder and partner and one of North America’s largest automotive retailers, which plans to integrate Seez’s AI Virtual Assistant across its global dealership network.

Announced: February 2025 Deal Value: $165 M

In the security sector, Boston-based identity governance and administration software Zilla Security was sold to its competitor, Israeli security access management platform CyberArk Software, for $165M at 33 times revenue in February to expand CyberArk’s reach into modern identity security in today’s world of shifting toward hybrid and cloud-based environments.

Announced: January 2025 Deal Value: $86 M

In the healthcare space, healthcare data and analytics software Health Catalyst bought patient communication and engagement platform Upfront Healthcare for $86M in January, expanding its patient engagement capabilities with advanced data-driven solution. Upfront's technology analyzes clinical, sociodemographic and patient-reported data to digitally guide patients to the care they need, helping care providers reengage patients, promote appointment attendance, streamline scheduling and referrals and improve care transitions overall.