DELTA TECNOLOGÍAS DE INFORMACIÓN acquired by SESA GROUP

Truesec, a leading Nordic cybersecurity firm backed by private equity sponsor IK Partners, has entered into an agreement to acquire Banshie, a Denmark-based offensive security specialist. The transaction represents a strategic bolt-on acquisition aimed at expanding Truesec's local presence and technical capabilities in the Danish market. MCF Corporate Finance served as the exclusive financial advisor to Truesec throughout the transaction process. The transaction exhibits a compelling strategic rationale driven by the accelerating market shift from reactive to proactive cybersecurity defenses

Funds advised by Apax Partners have agreed to sell TIVIT, a leading Brazilian IT services and Business Process Outsourcing (BPO) platform, to Almaviva, an Italian digital transformation group, in a full exit transaction signed in June 2025. The deal marks the end of Apax’s 15-year ownership period, during which TIVIT was transformed into one of the largest technology services providers in Latin America. The transaction positions TIVIT within Almaviva’s global digital services ecosystem, creating a larger integrated technology group with expanded scale across Latin America and Europe

After 22 years of independence, Acensi completed its first LBO with Azulis Capital taking a minority stake. The transaction facilitated a significant capital reorganization between the two co-founders (previously 50/50 owners): One sold his entire stake and exited, while the other took majority control. A pool of ~20 managers, including the newly appointed Deputy GM (Mathieu Vigneron) and CFO (Guillaume Blin), also invested. The deal is supported by a senior debt package arranged by BNP Paribas with a moderate leverage ratio (slightly above 2

Momentum, operating as a portfolio company of the US-based private equity fund Court Square Capital, has executed the acquisition of Secher Security. The transaction was structured as a strategic add-on investment to bolster Momentum's existing technological capabilities. This operation is highly value-accretive, designed to aggressively accelerate Momentum’s EMEA growth trajectory. Following the integration of Horizon Telecom in early 2024, deploying dry powder for Secher Security establishes a deeply complementary synergy

Perceva entered into a definitive agreement to acquire a majority stake in Adventiel, marking a major transition from its historical cooperative governance to a private equity-backed corporate structure. This strategic partnership was established to provide Adventiel with the financial firepower and managerial expertise required to scale from a regional leader in the Grand Ouest into a dominant national player in the AgTech sector. The transaction was motivated by the urgent need for French agricultural data players to consolidate in the face of rapid AI and Big Data revolutions while ensuring that data remains independent of foreign tech giants

H.I.G. Capital has signed a definitive agreement to acquire a majority stake in TIMETOACT GROUP from Equistone Partners Europe. The transaction values the business following a period of rapid expansion where revenue and earnings tripled since 2022. The founders and key management team, including Felix Binsack, will reinvest significantly alongside H.I.G. to maintain operational continuity. Strategically, H.I.G. intends to leverage its global network to support TIMETOACT's continued international expansion and ambitious M&A strategy, building on the company's successful track record of integrating add-on acquisitions in the fragmented IT services market

Var Group acquired a 60% stake in InnoFour B.V. to expand its digital engineering footprint into the Benelux and Scandinavian markets. InnoFour will be integrated into the Var Industries BU, which, following this transaction, expects to reach EUR65 million in annual revenue with a team of over 200 professionals. The four founding partners of InnoFour will remain operatively involved with equity commitments to ensure sustainable integration and growth. This deal reinforces Sesa's internationalization strategy, focusing on high-value "bolt-on" industrial M&A within the European manufacturing sector

H.I.G. Capital has entered into a definitive arrangement agreement to acquire all outstanding common shares of Converge Technology Solutions. The strategic rationale for the transaction centers on the immediate merger of Converge with Mainline Information Systems, an existing H.I.G. portfolio company. This combination is designed to create a scaled, global IT solutions platform with enhanced capabilities in hybrid cloud, cybersecurity, and digital infrastructure. By joining these two complementary organizations, the resulting entity will possess the technical depth and global reach required to advise IT decision-makers on mission-critical workloads

Rivean Capital has successfully entered into a definitive agreement to acquire a majority shareholding in Valcon from Waterland Private Equity. This strategic transaction marks a secondary LBO, with the previous majority investor, Waterland, electing to re-invest as a minority shareholder alongside the existing management team. The move is designed to provide the organization with the necessary capital and strategic support to enter its next phase of development, specifically targeting the consolidation of the European digital transformation market

The document management group for the nuclear and industrial sectors, with a turnover of EUR43.5 million, completes a new LBO with its sponsors since 2023, Eurazeo, Trocadero CP and Bpifrance, in which management takes two-thirds of the capital.