In March 2023, Silver Lake and CPP Investments agreed to acquire Qualtrics, a software technology company, for $12.5 billion. In support of the transaction, $1 billion of debt financing was provided by undisclosed lenders to the company.
In September 2022, Silver Lake acquired a majority stake in Facile.it, an Italian online price comparison platform, from EQT VIII fund and Oakley Capital for $1.1 billion. The transaction will help Facile to become the second Italian unicorn.
In March 2022, Entrata, a developer of property management software was acquired by Silver Lake, Dragoneer Investment Group and HGGC through an LBO for $1.5 billion.
In December 2021, Integrity Marketing Group, a distributor of life and health insurance and provider of wealth management and retirement planning service received $1.2 billion of development capital from Silver Lake and Government of Singapore Investment Corporation (GIC). The investment will help the company to accelerate the development and implementation of its omnichannel insurance technology platform.
In July 2021, SmartRecruiters, a developer of an online recruitment platform raised $110 million of Series E venture funding in a deal led by Silver Lake. Insight Partners, Acadian Ventures, Mayfield (Private Equity), and W Capital Partners also participated in the round. The funds will be used to accelerate product development for its leading talent acquisition suite in the areas of intelligence, automation and conversational interfaces.
In September 2020, Silae, a developer of cloud-based payroll and human resource software was acquired by Silver Lake Management through a $600 million LBO.
In May 2020, Waymo, a developer of self-driving technology raised $2.5 billion of Series B venture funding from Magna International, AutoNation, and Silver Lake. Eight other investors also participated in the round. The funds will be used to continue advancing the company’s growth and team.
In November 2019, Silver Lake, through its fund Silver Lake Partners V, agreed to acquire First Advantage from Symphony Technology Group in a deal that valued the company for more than $1.5 billion. First Advantage, based in Atlanta, provides background screening identity service to employers and housing providers globally.
In October 2019, Silver Lake acquired TEG from funds advised by Affinity Equity Partners (S) Pte Ltd and its affiliates. The financial terms were not disclosed. TEG is an entertainment and ticketing company in Asia Pacific.
