M&A Deal Summary

Veriforce Acquires Highwire

On October 22, 2025, Veriforce acquired internet software and services company Highwire from Summit Partners

Acquisition Highlights
  • This is Veriforce’s 1st transaction in the Internet Software and Services sector.
  • This is Veriforce’s 3rd transaction in the United States.
  • This is Veriforce’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2025-10-22
Target Highwire
Sector Internet Software and Services
Buyer(s) Veriforce
Sellers(s) Summit Partners
Deal Type Add-on Acquisition
Advisor(s) Harris Williams (Financial)
Choate Hall & Stewart (Legal)

Target

Highwire

Burlington, Massachusetts, United States
Highwire is a provider of prequalification and contractor risk solutions for the U.S. construction and capital projects market. Highwire was formed in 2008 and is based in Burlington, Massachusetts.

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Buyer(S) 1

Buyer

Veriforce

The Woodlands, Texas, United States

Category Company
Founded 1993
Sector Information Technology
DESCRIPTION

Veriforce is a provider of integrated compliance, safety, and training solutions specifically tailored to energy operators and their contractors within the upstream, midstream, and downstream segments of the energy industry. Veriforce was founded in 1993 and is based in The Woodlands, Texas.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: Massachusetts M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-03 Global Worker Pass

Houston, Texas, United States

Global Worker Pass is a provider of software solution designed to streamline the process of verifying workers qualifications and certifications in real-time. Global Worker Pass is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 294 of 294
Sector: Internet Software and Services M&A 29 of 29
Type: Add-on Acquisition M&A Deals 131 of 131
State: Massachusetts M&A 34 of 34
Country: United States M&A 254 of 254
Year: 2025 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-01 Philz Coffee

Oakland, California, United States

Philz Coffee operates coffee shops across the Bay Area, Southern California, and Washington, D.C. The company specializes in custom blends and handcrafted drip coffee. Philz Coffee was founded in 2003 and is based in Oakland, California.

Sell $145M