Transactions

The Ascento team has represented private and public companies in Israel, United Kingdom, Sweden, Switzerland, France, Germany, Korea, Japan, China and India and has extensive experience in Artificial Intelligence, Data, Analytics, DevOps, AIOps, Cybersecurity, Telecom, MarTech, PropTech, FinTech, HealthTech, IoT, Cloud, eCommerce, SaaS, IT Services, and Enterprise Software.

Ascento advised on StreamWeaver selling to BMC and backed by KKR, private equity

StreamWeaver is a software company that helps enterprises achieve their end-to-end observability, AI operations (AIOps), and cloud migration with extensive industry-leading data integration capabilities. StreamWeaver enhances BMC's AIOps capabilities with a broad set of out-of-the-box data integrations. BMC is backed by the private equity firm KKR.

StreamWeaver, a Leading AIOps Company, Sold to BMC Backed by KKR

Ascento advised Jastec , a public Japanese company, on it acquisition of LTU.

LTU Technologies is a company in the field of image recognition for commercial and government customers. The company provides technologies for image matching, similarity and color search for integration into applications. Jastec specializes in custom software development and systems integration. JASTEC Co., Ltd was founded in Tokyo, Japan in 1971.

Jastec Co., Ltd. (TYO:9717) in the Acquisition of LTU Technologies in the U.S.

Ascento advised Proant on its acquisition by Abracon - backed by Riverside Partners, private equity

Proant is a leading IoT antenna company in Sweden. After a global search with extensive outreach to over 100 targets, written offers were received from companies in the United States, Europe, and Asia. Proant's primary sector is utilities, which use Proant's antennas for enabling consumers to check Abracon is backed by the private equity firm The Riverside Company.

Proant, a Swedish IoT company, Sold to Abracon Backed by The Riverside Company

India's Firstsource acquired the U.S. medical billing and collections outsourcer MedAssist Holding for $330 million. The news took Firstsource shares up 10% on the Bombay Stock Exchange to close at 79.40 rupees ($1.94). The health-care space in the U.S. is a tremendously attractive market. Firstsource is a a leading provider of transformational solutions and services spanning the customer lifecycle.

Firstsource Solutions, Ltd. (NSE:FSL) Acquisition of MedAssist for $330M

Logo of NIC with a green square containing a stylized globe grid, and the words "NIC" in large gray letters. Below, the words "Acquired" in green and the Vision LLC logo with an eye symbol surrounding a globe, and the words "VISION LLC."

The National Investment Center for Seniors Housing & Care (NIC) acquired a senior living industry market analytics platform VisionLTC. NIC and VisionLTC formed a new company NIC MAP Vision that includes the NIC MAP® Data Service and provides significantly deeper data for the senior housing sector, which attracts more capital to the sector that benefits senior citizens.

NIC, a data and analytics company for senior housing, acquired VisionLTC

Firstsource Solutions Ltd has announced that it has completed the acquisition of BPM Inc., a Delaware-based healthcare claims outsourcing company in the US. The acquisition includes BPM Inc.'s two wholly-owned operating subsidiaries, MedPlans 2000 Inc. and MedPlans Partners, Inc. which are sister companies located in the United States.

Firstsource Solutions, Ltd. (NSE:FSL), in the Acquisition of BPM, Inc. for $40M

Logo for BPM Inc, a specialty paper mill, with text indicating acquisition by Firstsource.

MedAssist logo at the top, with text 'Acquired by' in the middle, and Firstsource logo at the bottom.