Kaizen Equity Partners: credited tech M&A deals
Deals in the ProCloser Tech & SaaS M&A Deal Index where Kaizen Equity Partners was named as an advisor in a public source. Back to the advisor league.
Kaizen Equity Partners is an M&A advisory firm publicly credited on 2 deals in the ProCloser Tech M&A Deal Index (2 sell-side, 0 buy-side), announced between Aug 13, 2026 and Sep 8, 2026.
Sectors: SaaS (2). 0 of 2 credited deals disclosed a value.
Last updated Oct 16, 2026.
Kaizen Equity Partners sits at #31 of 161 (tied with 30 other firms) in the advisor league by credited deals, while the median firm in the league holds 1 credited deal. Ties share the better rank. The targets in Kaizen Equity Partners' record, oldest first, are LLumin and Square 9. The first credit in Kaizen Equity Partners' record is LLumin on Aug 13, 2026 and the latest is Square 9 on Sep 8, 2026, a span of 26 days. That works out to one credited deal every 26 days on average, and the longest quiet stretch was 26 days between LLumin and Square 9. The sections below walk through each of those deals, the buyers and co-advisors involved, and how Kaizen Equity Partners compares inside every sector it is credited in, all computed from the rows of the index.
Credited deals
Where Kaizen Equity Partners advised the buyer, the credit appears as "Buy-side" beneath the sell-side advisor cell. Values only where publicly disclosed; every row links to its source.
| Date | Target | Acquirer | Buyer type | Sector | Geo (target → acquirer) | Value | Sell-side advisor | Source |
|---|---|---|---|---|---|---|---|---|
| Square 9AI-powered document processing and content management | TAG Software Group | Strategic | SaaS | US → CA | Undisclosed | Kaizen Equity Partners | News | |
| LLuminindustrial CMMS maintenance management software | CAI Software | Strategic | SaaS | n/a → US | Undisclosed | Kaizen Equity PartnersBuy-side: Maven Advisors | Press release |
Credits for Kaizen Equity Partners appear only where Kaizen Equity Partners was named in a public announcement.
Kaizen Equity Partners, deal by deal, newest first
One paragraph for each of the 2 deals credited to Kaizen Equity Partners, written from the fields of the row and the linked source. A clause appears only when the index holds that field.
TAG Software Group acquires Square 9 (sell-side, Sep 8, 2026)
Kaizen Equity Partners is credited as sell-side advisor on this deal, which means Kaizen Equity Partners advised Square 9 on the sale to TAG Software Group. TAG Software Group acquired Square 9, an AI-powered intelligent document processing and content management platform, for undisclosed terms. The announcement Kaizen Equity Partners was credited on is dated Sep 8, 2026, and the index files Square 9 under SaaS in the sub-sector of AI-powered document processing and content management. In Kaizen Equity Partners' record the tags attached to Square 9 are document management, content management, process automation and ai data capture. The index classes TAG Software Group as a strategic buyer. Square 9 is based in the United States and TAG Software Group in Canada, so the index flags it as cross-border. No price was disclosed for Square 9, so no figure is entered for it. The source names no advisor other than Kaizen Equity Partners on the Square 9 deal. In the date order of Kaizen Equity Partners' own record this is credit 2 of 2, announced 26 days after the LLumin credit, and credit 2 of 2 in SaaS. The announcement behind the Square 9 credit: Valsoft's TAG Software Group Acquires Square 9, a Provider of AI-Powered Intelligent Document Processing Solutions, Newswire.com (news). The index rates this row high confidence.
CAI Software acquires LLumin (sell-side, Aug 13, 2026)
Kaizen Equity Partners is credited as sell-side advisor on this deal, which means Kaizen Equity Partners advised LLumin on the sale to CAI Software. CAI Software acquired LLumin, a purpose-built industrial CMMS company for manufacturers, for undisclosed terms. The announcement Kaizen Equity Partners was credited on is dated Aug 13, 2026, and the index files LLumin under SaaS in the sub-sector of industrial CMMS maintenance management software. In Kaizen Equity Partners' record the tags attached to LLumin are cmms, predictive maintenance, asset management and manufacturing software. The index classes CAI Software as a strategic buyer. CAI Software is based in the United States; the index records no target country. No price was disclosed for LLumin, and the index never estimates one. Maven Advisors advised the other side of the table from Kaizen Equity Partners. In the date order of Kaizen Equity Partners' own record this is credit 1 of 2, the earliest credit, and credit 1 of 2 in SaaS. The announcement behind the LLumin credit: CAI Software Acquires LLumin; Expanding CMMS Capabilities for Process and Discrete Manufacturers (press release). The index rates this row high confidence.
Who Kaizen Equity Partners worked with
Co-advisors
1 of the 2 deals credited to Kaizen Equity Partners names at least one other advisor, and the other 1 names Kaizen Equity Partners alone. 1 other firm appears next to Kaizen Equity Partners: 0 on the same side and 1 across the table. Maven Advisors is the most frequent counterpart, sharing 1 deal with Kaizen Equity Partners.
| Firm | With Kaizen Equity Partners on one side | Across the table from Kaizen Equity Partners | Shared deals |
|---|---|---|---|
| Maven Advisors | 0 | 1 | LLumin |
Acquirers
The 2 deals credited to Kaizen Equity Partners involve 2 distinct acquirers. By buyer type the mix behind Kaizen Equity Partners' deals is strategic (2).
| Acquirer | Buyer type | Deals with Kaizen Equity Partners | Largest disclosed | Targets |
|---|---|---|---|---|
| CAI Software | Strategic | 1 | Undisclosed | LLumin |
| TAG Software Group | Strategic | 1 | Undisclosed | Square 9 |
Sector context for Kaizen Equity Partners
How the credits of Kaizen Equity Partners compare with the whole index in each sector where Kaizen Equity Partners is credited.
SaaS: Kaizen Equity Partners against the sector
Kaizen Equity Partners is credited on 2 of the 58 advised SaaS deals, a 3.4% share, which puts Kaizen Equity Partners #10 of 62 (tied with 8 other firms) among SaaS advisors. Behind that share, the index tracks 444 SaaS deals in all, and 58 of them (13%) name an advisor.
Kaizen Equity Partners' SaaS credits are Square 9 (TAG Software Group, Sep 8, 2026, Undisclosed); LLumin (CAI Software, Aug 13, 2026, Undisclosed).
For the full SaaS picture beyond Kaizen Equity Partners, see SaaS M&A Deals (2026) and SaaS sector record (JSON).
What Kaizen Equity Partners' targets look like
The businesses Kaizen Equity Partners advised on are described in the index as AI-powered document processing and content management and industrial CMMS maintenance management software.
Across Kaizen Equity Partners' 2 credited rows the tags that recur most are ai data capture, asset management, cmms, content management, document management, manufacturing software, predictive maintenance and process automation.
Target countries recorded for Kaizen Equity Partners' deals: the United States (1), known for 1 of 2 rows.
Buyer countries recorded for Kaizen Equity Partners' deals: Canada (1) and the United States (1), known for 2 of 2 rows.
1 deal in Kaizen Equity Partners' record is flagged cross-border.
Advisors related to Kaizen Equity Partners
Firms credited in the most of the same sectors as Kaizen Equity Partners, nearest in credited-deal count first. Names link to a profile only where the firm has one.
- Lincoln International: 1 sector in common with Kaizen Equity Partners (SaaS), 2 credited deals against 2 for Kaizen Equity Partners
- AXOM Partners: 1 sector in common with Kaizen Equity Partners (SaaS), 2 credited deals against 2 for Kaizen Equity Partners
- JEGI LEONIS: 1 sector in common with Kaizen Equity Partners (SaaS), 2 credited deals against 2 for Kaizen Equity Partners
- IA Global Capital: 1 sector in common with Kaizen Equity Partners (SaaS), 2 credited deals against 2 for Kaizen Equity Partners
- Software Equity Group: 1 sector in common with Kaizen Equity Partners (SaaS), 2 credited deals against 2 for Kaizen Equity Partners
Machine-readable record for Kaizen Equity Partners
The same credits as structured data, with an evidence label on every row: JSON record and Markdown record. Both are licensed CC BY 4.0 and rebuilt daily with this page.
Frequently asked questions about Kaizen Equity Partners
How many deals is Kaizen Equity Partners credited on in this index?
Kaizen Equity Partners is credited on 2 deals: 2 sell-side and 0 buy-side, announced between Aug 13, 2026 and Sep 8, 2026. The targets are LLumin and Square 9. 0 of the 2 disclosed a price. That count covers only deals verified by the ProCloser index, each with a public source naming Kaizen Equity Partners, and is not the firm's full track record.
Which sectors does Kaizen Equity Partners advise in?
Kaizen Equity Partners is credited in SaaS (2). SaaS is the largest at 2 of 2 credited deals (100%). The index tracks 11 sectors in total, so Kaizen Equity Partners appears in 1 of them.
What is the largest deal Kaizen Equity Partners was credited on?
No deal credited to Kaizen Equity Partners disclosed a price, so there is no largest disclosed value to report for Kaizen Equity Partners. Undisclosed prices stay undisclosed in the index and are never estimated.
Is Kaizen Equity Partners mostly a sell-side or a buy-side advisor?
Kaizen Equity Partners is sell-side on 2 of 2 credited deals (100%) and buy-side on 0 (0%). Across all 332 credits in the index, 59% are sell-side, so Kaizen Equity Partners is more sell-side heavy than the league as a whole.
Which acquirers has Kaizen Equity Partners worked with?
Kaizen Equity Partners has worked on deals involving 2 acquirers. The most frequent in Kaizen Equity Partners' record: CAI Software (1) and TAG Software Group (1). Buyer types: strategic (2).
How does Kaizen Equity Partners rank against the typical advisor in the league table?
Kaizen Equity Partners is #31 of 161 (tied with 30 other firms) by credited deals, against a league median of 1 credited deal. Kaizen Equity Partners has no disclosed value to rank. Rankings reflect public credits in this index only and undercount firms that rarely announce their deals.
Where does the data on Kaizen Equity Partners come from?
Each of the 2 credits for Kaizen Equity Partners links to a public source, split by type as news (1) and press release (1). A firm is credited only when its name appears in that source text; we do not add credits for Kaizen Equity Partners from memory or from third-party databases.
Which firms advised alongside Kaizen Equity Partners?
1 other firm appear on the same deals as Kaizen Equity Partners, led by Maven Advisors (1). 1 of 2 deals credited to Kaizen Equity Partners name another advisor.
How do I get an introduction to a firm like Kaizen Equity Partners?
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