CYRES CONSULTING acquired by SESA GROUP

Allurity, a premier European cybersecurity services group backed by private equity firm Trill Impact, has finalized the acquisition of Securix, a leading cybersecurity player based in the Benelux region. Securix specializes in Identity and Access Management (IAM), Identity Governance and Administration (IGA), and Managed Detection and Response (MDR) solutions. This strategic bolt-on corporate transaction enables Allurity to expand its geographical footprint into the Benelux market and significantly strengthen its tech-enabled capabilities. The core investment thesis centers on building a dominant, integrated European cybersecurity powerhouse delivering end-to-end protection. By joining the Allurity platform, Securix will leverage an international scale and enhanced commercial synergies while retaining its distinct brand identity, executive leadership team, and operational excellence to meet accelerating corporate demand for robust digital infrastructure security.

HLD Europe acquired a majority stake in Infodis from LBO France. The transaction aims to support the management team in its new growth cycle, focusing on expanding the service portfolio in cybersecurity and cloud, while pursuing an active buy-and-build strategy.

Sopra Steria, a global leader in technology, has finalized the acquisition of Assua NV and its operating subsidiaries Tobania NV and Python Predictions BV. This acquisition brings the Group into the club of major players in a market considered

The transaction involved the acquisition of Barracuda Networks from its previous financial sponsor. The strategic rationale for the acquisition was driven by the sponsor's continued focus on the cybersecurity sector, recognizing Barracuda’s established position as a leader in protecting SME digital infrastructure. By transitioning ownership to a new private equity partner, the company sought to leverage enhanced operational resources and global reach to accelerate its next phase of growth. The partnership aims to further professionalize the target's product development and go-to-market strategies, particularly in advanced security domains such as managed detection and response and SASE.

The transaction involves the 100% majority acquisition of the core IT services business unit of Kontron AG by VINCI Energies to expand its international Axians operating network. The strategic divestment enables the Austrian vendor to shed capital-intensive service integration units and reallocate corporate resources toward high-margin proprietary Internet of Things software products. The corporate action establishes an immediate operational bridgehead for the buyer into Germany, Switzerland, Poland, and additional Eastern European markets. Consolidating this extensive geographic network yields a unified tech platform capable of bidding for multi-jurisdictional infrastructure tenders. Rolling out the Axians corporate identity across the acquired perimeter unlocks immediate cross-selling synergies by pairing historical IT services with energy infrastructure engineering. Final execution of the transaction is subject to mandatory regulatory clearances from the relevant European antitrust and competition authorities. The transition framework retains the target's existing workforce and management teams to preserve operational stability and maintain relationship continuity with enterprise clients.

QinetiQ US has entered into a definitive agreement to acquire 100% of Avantus Federal from NewSpring Holdings. The acquisition represents a transformational platform for QinetiQ, significantly expanding its presence within the U.S. intelligence and national security communities. The strategic rationale for the merger is to create a powerful growth platform that addresses complex global defense and cyber challenges at scale. Avantus brings a strong order backlog and highly complementary capabilities in data analytics and cyber operations that enhance QinetiQ's existing portfolio of autonomous systems and sensing technologies. For Avantus, joining QinetiQ US provides the global scale and infrastructure necessary to meet the rapidly evolving demands of its government customers. The combined entity is positioned as a unique innovator in the defense market, capable of delivering technical differentiation and "speed to impact" for warfighters and intelligence operators. The transaction was advised by Guggenheim Securities for the sell-side and Citizens and Gleacher Shacklock for the buy-side.

Bain Capital entered into exclusive negotiations to acquire Inetum from the Qatari group Mannai Corporation. The transaction valued the group at approximately EUR2.27 Billion. The goal of this LBO is to accelerate Inetum's international expansion and support its buy-and-build strategy to become a leading player in the European IT services market.

Partners Group has agreed to acquire a majority stake in atNorth Holding AB from its existing shareholder group with the objective to transform atNorth from an Icelandic-centric operator into a leading pan-Nordic data center provider. The transaction aligns with atNorth's strategic goal to accelerate its expansion across the Nordic region, capitalizing on the rapidly growing demand for high-density and power-efficient data hosting driven by AI applications. At the time of acquisition, atNorth operated two major sites in Iceland (83MW committed capacity) and was finalizing a 11MW state-of-the-art site in Stockholm, Sweden. Partners Group plans to implement a transformational value creation plan that includes building new sites, growing the contract portfolio, and institutionalizing internal processes. This acquisition marks a key entry into the Nordic data market, which is forecasted to grow at a 22.5% CAGR, positioning atNorth to gain market share through its renewable-only and cost-optimized service offering.

The Fayat Group acquired 100% of NXO from Butler Industries. This acquisition comes six years after Butler rescued the company (then NextiraOne) from bankruptcy and successfully turned it around. Strategically, this deal is a game-changer for Fayat's Energy division. By integrating NXO, Fayat moves beyond traditional electrical installation to master the "data layer" of infrastructure. The goal is to become a fully integrated player in the "Smart City" and "Smart Building" markets, capable of delivering both the physical hardware (lighting, cables) and the digital intelligence (network management, cybersecurity) required by modern cities.

Capza and Parquest Capital entered the capital of Advens as minority shareholders, alongside founder Alexandre Fayeulle and the management team, who retain majority control. This operation is notable for its integrated philanthropic structure: a significant portion of the company’s capital gains and dividends are directed toward a large-scale endowment fund. The primary objective of the partnership is to fuel Advens’ technological R&D and international expansion, aiming to establish the firm as the premier Security-as-a-Service provider in Europe. The deal also involved a significant employee secondary component, allowing 33% of the staff to become shareholders.