SaaS

Plexus Capital's Michael Becker says recurring revenue make Software-as-a-Service companies coveted targets.

Clearlake VP Paul Huber says Provation’s customer-focused culture will drive hospitals and ambulatory surgery centers to adopt the company’s technology.

Loftware buys Gap Systems, a developer of cloud-based SaaS software used to manage art in product packaging.

Bosch's latest deal increases competition for companies like Lyft, Via and Uber, as ride-sharing services provides commute alternatives with less stress and competitive pricing.

Luminate Capital, which raised its debut fund in June, is recognized as one of 10 Young and Thriving PE Firms across the middle market.

"We're finding investors are liking SaaS models because of the asset-light nature and the recurring revenue that comes with it," says Raymond James' David Clark at ACG Boston's DealSource Select.

Goldman Sachs recently backed Accel-KKR, as the private equity firm continues to invest in the SaaS and tech sector.

AppDynamics, ContainerX, Jasper and Viptela are among Cisco's other SaaS investments.

Centerbridge, Hewlett Packard, TA Associates and Thoma Bravo are among those backing software companies.

Lux Research and Single Digits also recently received investments from the PE firm,