BLICKFELD acquired by SENSTAR TECHNOLOGIES CORPORATION

Passman Group has completed the acquisition of Hotel Technology Management (HTM), a UK-based specialist in high-end hospitality technology solutions. This strategic acquisition marks a significant milestone in Passman’s European expansion strategy, substantially strengthening its footprint in the British market, where the group already maintains a historical presence. The deal serves as a powerful commercial and technological lever, reinforcing Passman’s position across the entire value chain. It is also expected to unlock significant commercial synergies by broadening the service offerings available to clients of both companies

KKR, alongside co-investor Mubadala Investment Company, has signed a definitive agreement to sell CoolIT Systems to Ecolab. This transaction marks a highly successful exit for KKR’s Global Impact Fund II, which acquired the company in 2023 for approximately $270 million. The strategic rationale for the deal is driven by the global "arms race" in AI infrastructure. CoolIT’s revenues surged by 300% during KKR’s ownership as its hyperscaler revenue share jumped from 5% to 60%, largely fueled by the shift to liquid-cooled GPUs (e.g...

After five years under Quilvest's control, the management of Primal Group regained majority ownership in a transaction that marks a major turning point for the company. This milestone allows the leadership team to become the controlling shareholders, effectively "connecting" the company's future to its management's vision. Supported by EMZ Partners and Bpifrance, the group is now positioned to leverage its three core brands—Attentive, Solem, and Indygo—to pursue an ambitious next phase of European and international growth

Infineon agreed to acquire the non-optical sensor business from AMS-Osram in a strategic carve-out. For AMS-Osram, this divestment marks a definitive pivot towards becoming a pure-play "Digital Photonics" leader, shedding non-core assets to focus entirely on optical semiconductors (LEDs, lasers, optical sensors). For Infineon, the acquisition strengthens its technological footprint in high-precision sensing without the burden of acquiring additional factories. The deal is structured as a "fabless" asset transfer: Infineon acquires the intellectual property, customer contracts, and R&D teams, but has signed a long-term supply agreement for AMS-Osram to continue manufacturing the wafers as a foundry service

Keenfinity Group has acquired Avonic, a Dutch specialist in cameras and voice-tracking technologies for the AV conferencing market, with the goal of expanding its audio conferencing solutions with state-of-the-art video solutions, enabling system integrators and equipment providers to access a seamless, integrated audio-video portfolio. This strategic acquisition strengthens Keenfinity Group's leading position in the conferencing segment, allowing it to provide more comprehensive and integrated solutions to its clients

NanoXplore has successfully closed a €20 million fundraising round led by the European missile manufacturer MBDA and Bpifrance. This operation marks the company's first major institutional capital increase, aimed at accelerating its transition from a space-centric specialist to a diversified defense electronics powerhouse. The strategic rationale for the investors is twofold: securing a sovereign, ITAR-free supply of high-end FPGA components and supporting the company’s ambitious technological roadmap, which includes moving from 28-nanometer to 7-nanometer platforms in collaboration with the ESA and CNES

Wabtec Corporation has finalized the acquisition of 100% of Frauscher Sensor Technology from the Delachaux Group and minority shareholder Michael Thiel. This exit marks a significant milestone for Delachaux, allowing the French family-owned group to refocus capital on its primary activities (Pandrol, Conductix-Wampfler, and DCX Chrome). The strategic rationale for Wabtec is the expansion of its Digital Intelligence portfolio through the addition of Frauscher’s world-class axle counting and signaling technologies

Cogelec has been acquired by Legrand through a two-stage process: first, the purchase of a 60.09% controlling block via the "Cogelec Développement" holding, followed by a mandatory tender offer (OPA) for the remaining shares. The strategic rationale is centered on strengthening the acquirer's "Smart Building" and digital services division, specifically targeting the lucrative and resilient recurring revenue stream of the target's subscription model. Financially, the deal is accretive and aligns with the acquirer's strategy

Nazca Capital has acquired 100% of the capital of Teltronic from a subsidiary of the Chinese multinational Hytera Communications. This transaction marks the inaugural investment for Nazca's new fund, the Fondo Nazca Aeroespacial y Defensa INNVIERTE I FCR. The acquisition is strategically positioned to reinforce European technological sovereignty in the critical communications sector. By bringing Teltronic under Spanish ownership, the deal aims to provide Spanish and European defense and interior ministries with a trusted, sovereign technology provider, thereby reducing dependence on non-European entities for tactical military and national security communications

Triton acquired the product business of Bosch Security and Safety Systems for an estimated ~EUR700m ($725m). The deal separates the product manufacturing business (now Keenfinity) from Bosch's system integration business (which Bosch retained). The new entity will rebrand its portfolio over time: Video products to "IQSIGHT" and Intrusion/Access to "Radionix", under the Keenfinity corporate umbrella.