ALCUMUS acquired by APAX PARTNERS

Media and Games Invest SE has acquired 100 percent of the shares of AxesInMotion S.L., a mobile games developer with a portfolio of racing titles and a user base exceeding 700 million downloads. The transaction was announced in April 2022 and the parties agreed to close the deal in May 2022, with the purchase price consisting of a fixed cash component and a contingent earn‑out tied to post‑closing EBITDA performance. The acquisition follows MGI's strategic shift toward an advertising‑software platform that relies on proprietary first‑party data sourced from owned gaming content, positioning the combined entity to address evolving privacy constraints in digital advertising

SOC Telemed completed its acquisition by Patient Square Capital. The strategic rationale is rooted in SOC Telemed’s position as the largest national provider of acute‑care telemedicine in the US, with a scalable enterprise platform, Telemed IQ, and a diverse portfolio of specialty telemedicine services. For Patient Square, the acquisition aligns with a broader thesis of backing capital‑efficient, high‑margin, technology‑enabled healthcare solutions that can standardize and scale virtual care delivery across hospital and health‑system clients

This transaction represents a significant Series G financing round for Doctolib, a leading European e-health platform. The capital infusion solidified the company's position as the most valuable technology startup in France at the time, underscoring strong investor confidence in its business model and growth trajectory in the digital health sector. The primary rationale for the fundraising was to accelerate the company's strategic initiatives across Europe. The proceeds are earmarked for several key areas: first, to deepen market penetration in its existing geographies of France, Germany, and Italy by significantly expanding its commercial teams to onboard a larger percentage of healthcare professionals

Albarest Partners and Bpifrance, via the Definvest fund, have partnered with Chairman and CEO Marc de Fritsch and key executives to execute a Management Buy-Out (MBO) of MASA Group. The strategic rationale for the transaction is to provide the company with institutional and entrepreneurial backing to scale its innovative AI-driven simulation technologies. Following a period of organic growth and the successful deployment of its flagship SWORD software across international markets, this new capital structure aims to strengthen MASA's global leadership in defense simulation

Clearlake Capital Group has successfully completed the leveraged buyout of Quest Software, acquiring the asset from the preceding financial sponsor, Francisco Partners. The transaction was structured as an LBO and financed through the broadly syndicated loan market with first and second lien debt tranches. Leverage metrics were highly aggressive, reaching approximately 7.0x through total debt, a capital structure facilitated by robust demand for leveraged loans from CLOs and institutional accounts

IK Partners acquired a majority stake in Sofia Developpement from Extens, Bpifrance, and Capital Croissance. The investment aimed to accelerate the group's transition to a full SaaS model and support a build-up strategy to consolidate the fragmented healthcare software market in France.

US-based growth equity firm Providence Strategic Growth (PSG) has entered into an agreement to acquire a stake in Sellsy, a French provider of all-in-one Customer Relationship Management (CRM) and Financial Management System (FMS) software for SMEs. As part of this transaction, Sellsy is raising €55 million from the fund, which is also buying out historical minority shareholders, including investors from the previous funding round in late 2017. Following this equity restructuring, the management team (led by co-founders Alain Mevellec and Frédéric Coulais, alongside Co-CEO Victor Douek) will retain its majority ownership and continue to spearhead the company's development

Stem, Inc. has entered into a definitive agreement to acquire 100% of the share capital of AlsoEnergy Holdings, Inc. The transaction is structured as a combination of cash and common stock, effectively integrating two software-focused leaders in the renewable energy sector. The acquisition combines Stem’s strength in AI-driven energy storage optimization with AlsoEnergy’s leadership in solar monitoring and control. This "one-stop-shop" strategy allows the combined entity to offer a unified software solution across the entire renewable energy project lifecycle

A consortium composed of Advent, Permira, Crosspoint, CPP Investment, GIC and ADIA is acquiring McAfee Corp. to transition the cybersecurity provider from a public to a privately held structure, enabling focused investment in product development and operational initiatives. The agreement includes a go‑shop period during which McAfee's board may solicit alternative proposals, while the buyer has secured equity and debt financing commitments to fund the transaction. The acquisition follows a definitive merger agreement that outlines the rights of both parties and the conditions for closing

Permira has entered into a strategic investment agreement with Motus, a provider of reimbursement software for mobile workforces, while existing shareholder Thoma Bravo will reinvest and retain a significant ownership position. The transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2021. The investment aligns with Permira’s objective to apply its software and telematics expertise to expand Motus’ product suite and accelerate market penetration as enterprises increase flexible‑work arrangements