ALCHEMY acquired by INTERTEK

Thoma Bravo has entered into a definitive agreement to acquire 100% of Veracode from Broadcom Inc. The acquisition is structured as an all-cash purchase, transitioning Veracode from a business unit within a larger corporate entity into a standalone, privately held company under the ownership of the private equity firm. This transaction represents a strategic alignment between a firm specializing in software optimization and a market leader in application security testing. The acquisition is driven by the urgent and growing need for integrated security within the software development process as digital transformation accelerates across all industries

In a significant move within the marketing technology landscape, Insight Venture Partners has entered into a definitive agreement to acquire Optimizely from Accel-KKR. This transaction represents a major milestone for Optimizely, following a period of "hyper-growth" characterized by the successful transition to a SaaS-led model and the expansion of its Digital Experience Cloud™ platform. The deal is structured as a strategic leveraged buyout (LBO) aimed at accelerating Optimizely's global product roadmap and enhancing its go-to-market initiatives

In a move that significantly reinforces its digital manufacturing roadmap, Sandvik AB has entered into an agreement to acquire Metrologic Group from Astorg Partners. The transaction represents a valuation multiple that reflects Metrologic's high-margin profile and its critical position in the industrial software ecosystem. This acquisition is a cornerstone of Sandvik Machining Solutions' strategy to broaden its customer offering by integrating quality assurance and metrology into its existing metal-cutting expertise

Cathay Capital and Bpifrance have entered into an agreement to acquire NeoXam from BlackFin Capital Partners, with the goal of supporting the company's next phase of growth. Following BlackFin's successful backing of NeoXam's creation and international expansion after its carve-out in 2014, the firm is now passing the torch to a new ownership structure comprising two investors who share the ambition of accelerating the financial software publisher's global growth. The transaction is driven by a desire to build on the expansion strategy implemented in recent years, as NeoXam benefits from favorable market trends related to the digitalization of financial institutions, increasing data volumes, and heightened regulatory requirements

The acquisition Teracomm by LINK Mobility Group, designed to consolidate the mobile messaging market in South-Eastern Europe. The strategic rationale focuses on building a unified regional platform by creating synergy between Teracomm and LINK’s existing regional operations. By aggregating technical infrastructure and sales networks, the group intends to accelerate the deployment of innovative mobile messaging and data services across the region. This expansion is central to LINK’s broader objective of scaling its European presence and leveraging the high underlying growth rates of the South-Eastern European market

IK Partners entered into exclusive negotiations to acquire a significant stake in Questel, with a structured mechanism to become the majority shareholder over time. This transaction marks the exit of Capzanine as a shareholder (though it remains the unitranche debt provider) and the reinvestment of Raise alongside IK Partners and CEO Charles Besson. The strategic rationale for the deal is to fund and accelerate Questel's aggressive build-up strategy following a period of exceptional performance where EBITDA tripled to reach €18M

LINK Mobility Group ASA has completed the 100% acquisition of the share capital of Archynet s.r.l., known as "Total Connect." The acquisition was conducted on a cash-free, debt-free basis, effectively integrating the Italian mobile messaging business into the Group's existing portfolio. The acquisition is strategically aligned with LINK Mobility’s ongoing consolidation strategy within the European mobile communications market. By acquiring Total Connect, LINK Mobility deepens its footprint in the Italian region, gaining immediate access to the target's existing customer base and messaging infrastructure

LINK Mobility Group ASA completed the acquisition of 100% of the voting equity instruments of Horisen Messaging, a Swiss-based subsidiary carved out from HORISEN AG. The acquisition was a strategic move by LINK Mobility to consolidate its position in the European mobile messaging market. By acquiring Horisen Messaging, LINK Mobility secured a dominant market position in Switzerland, holding over 30% of the market share, and gained access to a valuable international messaging network. For the seller (HORISEN AG), the divestiture served as a corporate restructuring to separate the operational SMS trading business from its core software technology platform, allowing the parent company to pivot to a "pure product house" model while maintaining a commercial relationship as a technology vendor to LINK Mobility

Corsair Capital has agreed to acquire RGI Group from Ardian Expansion, the company founder and the management team. Under Ardian's ownership (2014-2018), RGI transformed from a domestic Italian player into a European leader through the strategic acquisition of Kapia Solutions in France and organic growth. Corsair Capital intends to leverage its deep network in the global financial services industry to further accelerate RGI's international expansion and product development.

This transaction represents a primary leveraged buyout marking the first entry of a private equity sponsor into the company's capital. Following a highly competitive auction process managed by a premier investment bank, the incoming financial partner secured absolute majority control, allowing the founding shareholders to exit their positions. The deal follows a period of rapid internationalization and the establishment of a dominant technical database that has become an industry standard for global manufacturers