DEFENSE CONSEIL INTERNATIONAL (DCI) acquired by ADIT (AGENCE POUR LA DIFFUSION DE L'INFORMATION TECHNOLOGIQUE)

This transaction represents the enterprise's fifth consecutive Leveraged Buyout (LBO), marking a significant yet familiar restructuring of its cap table. The incoming lead financial sponsor steps in to successfully provide an exit for several incumbent minority investment funds. A defining characteristic of this operation is the massive, broad-based reinvestment from the executive leadership and a vast cohort of key employees, ensuring profound strategic alignment. The overall capitalization is robustly structured, featuring a comprehensive senior debt package syndicated across multiple tranches by an expanded consortium of historical banking partners

Abénex has successfully structured a continuation vehicle to acquire a 55% majority stake in Europa Group, facilitating a major secondary leveraged buyout and the transfer of assets from its fifth flagship fund. This strategic operation marks a pivotal shift in the group's governance, allowing the founders to trigger a structured managerial transition while retaining a significant 35% minority stake. The primary objective is to aggressively finance Europa Group's ongoing multiple build-up strategy in specialized medical media to double the group's size by 2029

PROMAN has completed the acquisition of the French startup Onestaff. This transaction marks the group's second major digital acquisition within a year, following the integration of the online agency Iziwork. The strategic rationale for the deal is to bridge the gap between traditional temporary staffing and the burgeoning freelance economy. By integrating Onestaff’s AI-driven matching technology and its database of 60,000 independent professionals, PROMAN can now offer corporate clients a seamless choice between temporary employment contracts and freelance service agreements

Trail Capital has successfully completed a strategic investment in Marcadé via its SLAM fund, acquiring a significant stake to fuel the agency's international 2028 Roadmap. The operation is strictly engineered to trigger a transition of ownership, inviting five key managers to the cap table alongside the founder. To adequately capitalize this new cycle, the deal structure incorporates a debt package designed to support an aggressive organic and external growth strategy. This partnership is aimed at tripling the group's revenue from €20M to €60M by 2028 by establishing new local hubs in high-growth regions such as the Middle East (Dubai) and the United States

The acquisition of INAQ by Torghatten Aqua is a strategic move to strengthen the company's position in the seafood industry. The deal allows Torghatten Aqua to expand its services to include consultancy and advisory services, catering to the needs of seafood businesses in Norway and internationally. The acquisition also provides INAQ with access to a strong network and industrial owners, ensuring its position as an independent and standalone player in the industry. The deal is expected to create synergies between the two companies, particularly in the development and dissemination of knowledge and expertise

Freelance.com acquire STA Groupe, a key reference in the French umbrella company sector. The operation is strategically timed following the acquisition of OpenWork, effectively propelling the combined group beyond the symbolic €1 billion revenue milestone within just three years of doubling its previous scale. The strategic rationale for the deal is rooted in the high complementarity between STA’s specialized IT and strategy consultant pool and Freelance.com’s extensive corporate client base. By integrating STA’s full-digital SaaS platform and its 40% year-over-year growth momentum, the acquirer significantly enhances its operational efficiency and service range for high-demand skills such as interim management and business expertise

Andera Partners acquired a minority stake in Meogroup, partnering with the founder and the CEO, who remain at the helm. This transaction, marking a new development cycle for the group, allows Meogroup to restructure its capital while securing significant financial resources to pursue its buy-and-build strategy. Supported by a pool of senior financing led by LCL and Credit Agricole, the group aims to accelerate its international expansion and broaden its service offerings, following a successful streak of five acquisitions in the past three years (including Cristal Decisions and Cost House)

This majority buyout transaction shifts the institutional control of Two Circles from Bruin Capital to Charterhouse Capital Partners, in a deal structured to ensure total management continuity through a significant equity reinvestment by the current leadership team led by co-founder and CEO Gareth Balch. The transaction is timed to exploit a clear inflection point in the sports marketing lifecycle, where Two Circles has successfully institutionalized its proprietary data platforms and proven its capacity to absorb complementary specialized agencies, including the historical integrations of TRM Partners, LiveWire Sport, Sports Ink, and Codeware

The acquisition of OpenWork allows Freelance.com to absorb one of its most innovative competitors, effectively merging OpenWork’s digital-first platform with Freelance.com’s large-scale institutional reach. The strategic rationale for the deal is rooted in the complementary nature of their service offerings and geographic footprints, particularly with the integration of OpenWork’s Belgian operations into Freelance.com’s existing international network in Switzerland and Morocco. By combining their commercial and marketing resources, the new group achieves a stronger position to manage different tiers of consultants through a multi-brand strategy

Acuity Knowledge Partners has been acquired by Permira, with the transaction announced in January 2023 and subject to standard regulatory approvals. The acquisition follows a prior ownership structure in which Equistone Partners Europe held a majority position after a management buyout from Moody's Corporation in 2019, and it marks the transition to a new majority shareholder while retaining minority stakes for existing investors and management. Permira cited the expansion of tech‑enabled research services to financial institutions as a core driver for the investment, noting that Acuity’s global delivery model and proprietary analytics platform align with the firm’s strategy to deepen capabilities in data‑intensive sectors