CONTENTSERV acquired by CENTRIC SOFTWARE

The acquisition of a controlling stake in Namirial represents a significant capital deployment by Bain to capitalize on the secular growth of the Digital Transaction Management market. This transaction sees the exit of the previous financial sponsor, marking the conclusion of a successful five-year holding period characterized by international expansion and extensive M&A activity. The investment thesis focuses on leveraging the existing market leadership in DTM and high-assurance digital services to accelerate further cross-border growth and product innovation

EQT and First Kraft jointly announced a voluntary public tender offer for all outstanding shares in Fortnox at SEK 90 per share, implying a total equity value of approximately SEK 54.9 billion. The offer represents an extremely high valuation in absolute terms, reflecting Fortnox's exceptional combination of sustained revenue growth exceeding 20% per annum, a ~54% EBITDA margin, and its dominant market position in Swedish SME financial software. First Kraft, as Fortnox's largest existing shareholder, participates as a co-bidder rather than a seller, reinforcing its long-term conviction in the business

Hawk Infinity Software (HIS) has entered into a definitive agreement to acquire 100% of Symplify Technologies AB. The deal structure includes a "contingent consideration" (earn-out) mechanism, where additional payments will be granted if Symplify meets ambitious free cash flow growth targets over the coming years. The strategic rationale for HIS is to integrate a market-leading customer engagement tool into its growing software ecosystem, capitalizing on Symplify's established presence in the FinTech and Sports-betting niches

Egeria, in partnership with the management team, has successfully finalized the acquisition of Implico’s SAP software business through a strategic carve-out transaction. This move involved the separation of the terminal management division into a standalone entity, OpenTAS GmbH, which remains with the previous shareholders. The strategic rationale for the acquisition centers on positioning the target as a dedicated growth platform for industry-specific SAP software solutions. By focusing exclusively on its role as a SAP Solution Extension (SOLEX) partner, the organization is poised to capitalize on the mandatory global migration to SAP S/4HANA and the discontinuation of legacy ECC support by 2027

Hawk Infinity Software (HIS) has entered into a definitive agreement to acquire 100% of ROQC Data Management AS. The strategic rationale for the acquisition is to integrate ROQC’s high,margin subsurface data management technology into HIS’s expanding portfolio of industry,specific software. ROQC has demonstrated a strong track record of balancing top,line growth with improving profitability, currently generating LTM revenues of NOK 53 million and an LTM EBITDA of NOK 28 million. This move allows HIS to penetrate the energy and geoscience software vertical while benefiting from ROQC's established SaaS business model and its solid foundation for long,term growth

Hawk Infinity Software (HIS) has successfully completed the acquisition of 100% of Baze Technology. The strategic rationale for the acquisition is to integrate a high,performing, specialized IPTV and infotainment platform into HIS's vertical software portfolio. Baze Technology brings a strong financial profile, with LTM revenues of NOK 153.4 million and an LTM EBITDA of NOK 42.6 million. This move allows HIS to penetrate the maritime and hospitality software sectors while benefiting from Baze's established global customer base and technical leadership

TA Associates has successfully completed a voluntary public tender offer to acquire all outstanding shares of Nexus AG. By the expiration of the additional acceptance period in January 2025, TA secured 94.95% of the shares, including 26.9% previously committed by key shareholders through irrevocable undertakings. The strategic rationale for the transaction is to delist Nexus from the Frankfurt Stock Exchange (SDax) to increase operational flexibility and focus on long-term growth. TA aims to accelerate Nexus’s development through significant investments in Research & Development, specifically targeting cloud computing and AI-driven diagnostic solutions

Owned since 2019 by Initiative & Finance, Ymag (a software publisher specializing in professional training and a leader in the apprenticeship sector) has announced its acquisition by Septeo (a leading software publisher in Europe).

TeamViewer has entered into a definitive agreement with Carlyle Europe Technology Partners to acquire 100% of 1E on a cash-free, debt-free basis. Financed via existing credit lines and new debt instruments, the transaction structures the integration of the London-based digital employee experience platform into the purchasing group's corporate network. The operational scope incorporates a workforce of approximately 300 employees. The transaction marks a transformational expansion into the Digital Workplace Management and Digital Employee Experience (DEX) sectors

Hexagon has entered into a definitive agreement to acquire the Geomagic software business from 3D Systems. This strategic carve-out allows 3D Systems to refocus on its core additive manufacturing hardware while enabling Hexagon to consolidate its lead in the 3D metrology and inspection market. The acquisition is highly synergistic, as Geomagic’s reverse engineering and CAD modeling tools perfectly complement Hexagon’s existing sensors and software portfolio. Financially, the deal is attractive as the target generates roughly $30 million in annual revenue with operating margins that are accretive to Hexagon’s existing Manufacturing Intelligence division