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Oiling the wheels: PE funds buy into fast-growing tech firms

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Private equity funds are snapping up significant stakes in fast-growing technology firms in sectors such as digital engineering and healthcare, with at least four deals sealed since the start of 2025, investment bankers and industry executives told ET.

New Mountain Capital purchased 70-75% in Access Healthcare, valuing the firm at a $2 billion, Kedaara Capital invested $350 million in Impetus Technologies, HIG Capital acquired Converge Technology Solutions for around C$1.3 billion and Agilitas PE bought Tietoevry Tech Services for 300 million…

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