BMAX takes majority stake in MAXIFIER

This growth transaction marks a significant evolution for Théradial, transitioning from a specialized medical device distributor to a provider of an integrated ecosystem encompassing care equipment and clinical operation digital solutions. The acquisition of Groupe Théma is financed through a hybrid structure combining cash contribution and share exchange for the selling founders, as well as an extension of senior debt lines granted by the acquirer's historical banking pool. The underlying financial analysis is based on creating a significant competitive advantage by integrating medical consumables logistics flows into dialysis center management software interfaces, which will increase switching costs for hospital clients

Five Arrows announced the acquisition of a majority block of Harvest's capital from its foundersand key managers at a price of EUR85 per share. This block purchase triggered a mandatory simplified public tender offer (OPA) for the remaining shares. This deal marks the first step towards the company's delisting.

The transaction involves the acquisition of a controlling interest in SCHEMA Group by the IK Small Cap II Fund, alongside the company’s founders. This deal represents a strategic partnership intended to transition the founder-led niche leader into an institutionalized platform capable of capturing broader international market share. The strategic rationale for the investment is centered on accelerating the company's organic growth within its core DACH market while expanding its sales reach into new global geographies

In a landmark European tech transaction, Abry Partners, via its vehicle Victory Partners VIII Norway AS, has launched a recommended voluntary cash offer to acquire the entire issued share capital of LINK Mobility Group ASA. The transaction is structured as a public-to-private (P2P) takeover, with the board of directors of LINK Mobility providing a unanimous recommendation in favor of the deal. Notably, the transaction includes a substantial management roll-over, where key executive investors are reinvesting a portion of their holdings (representing 14

Private equity firm Hg (formerly HgCapital) has reached a definitive agreement to divest the HR software company Lumesse to trade buyer Saba Software, which is currently backed by private equity sponsor Vector Capital. The competitive sale process was run by US investment bank Jefferies Group LLC. Scheduled to successfully close by the end of 2018, the transaction brings to an end an eight-year holding period for Hg, which originally backed the platform through its £1.87bn HgCapital 6 fund. The integration of Lumesse into Saba Software—a company maintaining dual headquarters in Ireland and the US—will create a highly consolidated industry entity boasting a combined roster of 4,700 clients

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

Intertek has entered into a definitive agreement to acquire Alchemy from the private equity firm The Riverside Company. This acquisition strategically expands the acquirer,s global Assurance business by adding a bespoke People Assurance SaaS offering that focuses on employee skills and frontline productivity. The integration is expected to yield strong commercial synergies, particularly within the food supply chain where both companies maintain a significant footprint. The target's subscription-based revenue model, characterized by three-year contracts and high client retention rates, provides excellent revenue visibility and strengthens the acquirer's financial profile

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