ALBASOFT acquired by SESA GROUP

Magellan Partners signed an agreement to acquire Worldline's MeTS division and select Digital Banking activities for a total consideration of EUR410 million. This acquisition is transformative for Magellan, adding EUR450 million in revenue and expanding its workforce to over 6,700 employees. For Worldline, this disposal is part of a strategic plan to offload non-core assets and refocus purely on Payments.

Odigo has finalized the strategic acquisition of Akio, a move supported by its majority investor Seven2 (formerly Apax Partners). This transaction is designed to consolidate the European CCaaS market and create a major sovereign digital alternative to US-based competitors. By integrating Akio, Odigo expands its market reach from large global accounts to the SME and mid-market segments (starting from 10 users). The strategic rationale centers on technological synergy, particularly in AI; Akio brings specialized analytical AI and reputation management tools, which will complement Odigo's proprietary "Agentic AI" platform. This combination allows for a unified omnichannel offering including classic digital channels and advanced conversational experiences like RCS. The deal strengthens Odigo's presence in France, Benelux, Spain, and the UK through an enriched partner ecosystem. Patrick Giudicelli, Akio’s founder, will contribute to the integration as the group transitions into a European CX champion.

Griffin Gaming Partners acquired 100% of the assets and publishing rights of Playdigious from Fragbite Group. The transaction represents a significant "pavillon" shift from Swedish to American ownership and serves as Griffin's inaugural buyout deal. The strategic rationale centers on integrating Europe’s premier mobile porting service into Griffin's vast ecosystem to unlock global expansion opportunities for indie developers. Post-acquisition, the founding team—including Xavier Liard and Romain Tisserand—will remain to lead the business, while Griffin Operating Partner Tim Bender (CEO of Hooded Horse) has been appointed President to oversee strategic partnerships and scale the company’s porting capabilities.

Adikteev completed a EUR60 million LBO transaction (EUR30m of equity and EUR30m of debt) to reorganize its shareholding structure. The deal allowed the company's founders to regain majority control of the capital. This new LBO provided a full exit for early-stage venture capital investors Ventech (invested in 2012) and Ring Capital (invested in 2017), as well as several business angels. The operation was supported by Agila Capital and a syndicated senior debt coordinated by Arkea.

In light of the reform of the professional training market in France, the management of Ymag (a software publisher specializing in professional training) wanted to structure a primary MBO to take over the company upon the retirement of its founder.

Lacour has completed the acquisition of the Italian automotive services platform Proger, marking its third major international build-up since Carlyle took control in 2023. The acquisition was financed through an existing unitranche debt facility provided by Capza. The strategic rationale for the deal is to secure a dominant foothold in the Italian market while integrating Proger’s massive "ClipParts" database into Lacour’s broader software suite. This move brings Lacour’s consolidated revenue to approximately €70 million and expands its workforce to 450 people. Following successful entries into the UK and Italy, Lacour is now targeting further expansion into Spain and Germany for 2026 to complete its pan-European footprint.

The acquisition of Predictice by Doctrine represents a landmark consolidation within the French LegalTech market, effectively merging the two primary domestic competitors to create a dominant national champion. This deal marks Doctrine's fourth strategic acquisition in two years, following the successful integrations of Legaltile, Jobexit, and Dejure, and signals a significant acceleration of its European growth roadmap. The strategic rationale for the deal centers on the creation of a large-scale, sovereign alternative to traditional legal publishers, leveraging combined R&D capabilities to maintain technological leadership in the burgeoning AI legal sector. By eliminating its main domestic rival, Doctrine reinforces its leadership position and increases its market penetration, particularly among mid-market law firms and corporate legal departments. For the broader market, this transaction highlights the rapid maturation and institutionalization of the LegalTech sector, where technical pioneers are aggregating to achieve the scale necessary for international competition.

PSG Equity has divested its majority stake in Sellsy, a French SaaS company, to Italian firm TeamSystem after a three-year holding period. This transaction marks the exit of PSG Equity and the entry of a new shareholder, TeamSystem, which aims to expand its offerings internationally, particularly in Europe. The deal will enable Sellsy to leverage TeamSystem's resources and expertise to accelerate its growth and strengthen its position in the enterprise management solutions market. TeamSystem's strategy is to continue developing Sellsy as a standalone company, maintaining the Sellsy brand and retaining the current management team, led by Victor Douek. This approach will allow Sellsy to preserve its identity and autonomy while benefiting from TeamSystem's support and resources. The acquisition is expected to be a strategic move for TeamSystem, enabling it to broaden its portfolio of enterprise management solutions and increase its presence in the European market.

The Carlyle Group acquired a majority stake in Ciril Group from its founder and historical shareholders. The transaction marks a new phase for the Lyon-based software editor, aiming to accelerate its international expansion and consolidate its leading position in the French GovTech market. Carlyle intends to support Ciril Group in its transition to a full SaaS model and drive growth through strategic bolt-on acquisitions in the GIS and public administration software sectors.

Private equity firm Abenex, alongside the management team, has successfully completed the divestiture of healthcare software publisher Inlog to Munich-based GENII Software Group. Orchestrated by investment bank Lincoln International, the transaction marks the exit of Abenex following a successful transformation period. The acquirer, GENII Software Group, is majority-backed by private equity sponsor Bregal Unternehmerkapital, with additional support from Elvaston. For the acquirer GENII Software Group, the buyout significantly strengthens its Laboratories division and consolidates its position as a leading European provider of specialized enterprise software. During Abenex's ownership tenure, Inlog doubled its revenues, completed three strategic acquisitions, and expanded its footprint into Germany and the Benelux region. Partnering with GENII will provide Inlog with the necessary scale and resources to accelerate international revenue growth and drive product innovation, particularly focusing on AI and cloud-based technologies.