APPLI-KEY acquired by SANTIANE

Idox has finalized the acquisition of Emapsite to significantly bolster its geographic information systems (GIS) and geospatial data capabilities. This transaction represents a pivotal step in the group’s overarching data strategy, aiming to provide a more comprehensive suite of spatial intelligence tools to its existing client base in the public and asset-intensive sectors. The integration of the Farnborough-based specialist follows a series of previous acquisitions in the geospatial space, including Aligned Assets and thinkWhere, effectively creating a high-scale geospatial line of business that now accounts for a substantial portion of the group's total pro-forma revenue

Pollen Street Capital has acquired a majority stake in Assessio from Main Capital Partners. This transaction marks the culmination of a successful transformation phase where the company pivoted from a consultancy-driven model to a scalable SaaS business. The deal provides an exit for Main Capital, which tripled the company's revenue during its four-year holding period through aggressive international expansion and bolt-on acquisitions in the Benelux and Nordic regions. Pollen Street Capital intends to continue this "Buy-and-Build" strategy, supporting the management team to further consolidate the fragmented European assessment market and drive product innovation in AI-driven talent analytics

TA Associates and Montagu acquired a majority stake in Harvest from Five Arrows (Rothschild & Co), which had owned the company since 2019. Five Arrows successfully delisted the company in 2020 (valued at EUR120M then) and executed a rapid build-up strategy. The deal was competitive, with interest from Wendel and Cinven, and was structured primarily as an equity deal.

Technology investment firm Silver Lake has entered into a definitive agreement to acquire a significant minority equity stake in software provider TeamSystem. Following the completion of the transaction, which remains subject to customary closing conditions and regulatory approvals, Hellman & Friedman (H&F) will retain its position as the controlling majority shareholder. Evercore acted as the exclusive financial advisor to both H&F and TeamSystem throughout this corporate syndication process. For Hellman & Friedman, the transaction brings a premier technology sponsor into the shareholder register while retaining operational control of an asset that has aggressively scaled its customer base from 200,000 to approximately 1

Edenred acquired 100% of Reward Gateway. Strategically, this is a "platform expansion" play. Edenred aims to take Reward Gateway's proven technology (currently strong in the UK/Australia) and roll it out across its own massive footprint in continental Europe (France, Belgium, Germany, Italy, Spain, Romania). By integrating Reward Gateway, Edenred evolves from being a simple provider of "lunch money" to a holistic "Employee Experience" platform, offering a one-stop-shop for benefits, discounts, and corporate culture tools

Light & Wonder has entered into a definitive agreement to acquire SciPlay Corporation. This transaction results in the full integration of SciPlay as a wholly-owned subsidiary, leading to the delisting of SciPlay from the Nasdaq Global Select Market. The acquisition is intended to streamline the organizational structure of Light & Wonder, providing the necessary operational and financial strength to accelerate the company’s cross-platform strategy. By moving to 100% ownership, the firm expects to drive improved collaboration between teams, facilitating the development and deployment of engaging games across both digital and land-based platforms

Summit Partners has finalized the landmark acquisition of a majority stake in Doctrine, representing the largest transaction to date in the French LegalTech ecosystem. The deal, valued above 100 million EUR, marks a significant entry for the US-based growth equity firm into the European legal intelligence market, utilizing its dedicated European investment vehicle. The transaction structure includes a minority reinvestment by Peugeot Invest, the family office of the Peugeot family, ensuring a continued French presence in the company’s capital

Bridgepoint acquired a majority stake in Equativ, valuing the company at over EUR300M. This transaction aims to support the group's international growth, particularly in the US market, and finance its build-up strategy to consolidate the independent AdTech market.

The Carlyle Group has entered into exclusive negotiations to acquire a majority stake in Lacour Group. This marks the first-ever opening of Lacour's capital since its 1985 inception. CEO Angelo Maida will significantly reinvest alongside Carlyle to remain a key stakeholder. The strategic rationale for the transaction is to transform Lacour from a French market leader into a pan-European champion through an aggressive external growth strategy. The deal is supported by a unitranche debt facility provided by Capza

The acquisition of Viasat Group by Targa Telematics is a strategic move aimed at creating a leading global player in the IoT and digital solutions market for connected mobility. The deal is expected to strengthen Targa Telematics' position in the Italian market and accelerate its European expansion, while also enhancing its capabilities in the development and implementation of innovative electronic solutions. The integration of Viasat Group's operations is anticipated to drive significant synergies, particularly in the areas of research and development, sales and marketing, and operational efficiency