Jun 23, 2026 – 4.40pmMid-market private equity firm Advent Partners has ruled off a new deal.The business started as an RTO before pivoting to building software for the sector. Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Advent Partners acquires training software business aXcelerate
Advent has acquired Brisbane’s aXcelerate, a business that specialises in training management software for vocational training providers.
Advent Partners acquired aXcelerate, a training software company that transitioned from RTO consulting to building digital tools for the private equity sector. PE-focused software M&A signals growing demand for compliance automation and knowledge management platforms among mid-market buy-side firms.









