In June, Baker Hughes sold its precision sensors and instrumentation business for $1.2 billion to Crane. This deal will add ultrasonic flow meters and precision moisture analyzer solutions to Crane’s portfolio, enabling it to support major industries including oil and gas and water utilities through accurate measurement of liquids and gases.

In September, Olo, an open SaaS platform for restaurants that offers digital ordering, payments and guest engagement solutions, was sold to Thoma Bravo for $1.7 billion at a 4.4 times revenue exit multiple. The deal will enable Thoma Bravo to capitalize on the millions of transactions Olo processes each day and the relationship it has built up with 750 restaurant brands across 88,0000 locations.

In July, AccuLynx, a SaaS platform for residential property contractors with a focus on the roofing industry, was acquired for $2.4 billion by Verisk. The company represents a natural extension of its property estimating solutions business and the deal will create opportunities for all parties in the insurance claims and restoration ecosystem, including contractors.

In October, Just Eat Takeaway.com, a food ordering and delivery platform with operations in 17 international markets and a sizable position in Europe, was pocketed by Prosus for $4.8 billion. Prosus intends to incorporate its AI capabilities into Just Eat Takeaway.com’s operations to improve the driver experience through logistics optimization and the customer experience through enhanced service reliability.

Aquabyte, a developer of AI-enabled real-time monitoring solutions for the aquaculture industry including some of the largest salmon producers globally, secured a majority investment from Vitruvian Partners in December to enhance Aquabyte’s smart-monitoring modules and decision-support tools so farmers can make data-driven decisions.

Also in December, the warehouse software, controls and integrations business division of Matthews Automation, Matthews Automation Solutions, was pocketed by Duravant for $230 million at 3.2 times EV/revenue to provide comprehensive and efficient warehouse solutions for ecommerce, retail, parcel, and logistics clients.

In December, Solar Drone, a provider of field-proven, AI-powered autonomous aerial platform, was acquired by VisionWave for $22 million, marking a strategic entry into the global solar operations and maintenance market through autonomous inspection and cleaning robotics for utility-scale solar assets.

In October, TRAVIS Road Services, an online booking platform for road services for commercial vehicle operations that includes parking, cleaning, charging and repairs, was picked up by Knorr-Bremse to increase the efficiency of repair and maintenance processes for commercial vehicles along the entire value chain.