DEVOTEAM acquired by KKR

Andera Partners acquired a significant minority stake in Artemys, partnering with the founder Laurent Taieb and his key associates (Boris Gunther, Eric Porte). This "Primary OBO" allowed the founders to realize some patrimonial value (cash-out) while retaining majority control to drive the company's future. The rationale was to provide the financial firepower needed to launch an aggressive external growth strategy (Build-up) in a fragmented market.

Groupe Open announces the signing of an exclusive negotiation agreement between the founders and Montefiore Investment, with a view to concluding an investment agreement to launch a mandatory public tender offer for Groupe Open shares. The transaction aims to accelerate Groupe Open's transformation and put the group back on a growth trajectory by providing it with the means to finance the investments necessary for this transformation. These financial resources should in particular enable Groupe Open to make dilutive acquisitions in the short term with the aim of creating value within a 4- to 5-year timeframe.

HIG Europe has acquired a majority stake in the Italian IT services provider Project Informatica from its founder. The strategic rationale for the transaction is to support the company’s next phase of development within the rapidly evolving Italian technological landscape. By partnering with the founder, who remains as CEO and a significant minority shareholder, HIG aims to leverage its deep international IT expertise to capture both organic growth and strategic consolidation opportunities. The deal focuses on strengthening the company’s position as a reference technological partner for industrial and financial organizations, facilitating professionalized management and broader market reach. This acquisition represents a key entry point into the Italian ICT sector for the sponsor, providing a scalable platform to build a diversified technological group through a programmatic build-up strategy.

The acquisition of Centauri by KBR Inc. is a strategic move to expand KBR's capabilities in the cybersecurity and space domains. The deal is expected to create a leader in end-to-end military, intelligence, and commercial space solutions, and to drive growth and innovation in the industry. The acquisition is also expected to enhance KBR's scale and add complementary expertise and space domain awareness to its strong space system design, development, test, launch, and operations capabilities. The deal is a result of KBR's mission to become a highly technical, mission-focused organization, and is expected to create new opportunities for the company to deliver high-quality solutions to its clients. The acquisition is also expected to bolster KBR's position in the government services and technology sectors, and to drive growth and innovation in the industry. With the addition of Centauri's world-renowned technical talent, specialized mission expertise, and advanced R&D labs, KBR is well-positioned to deliver sustainable solutions and drive value for its clients and shareholders.

Pechel and Omnes Capital backed the management team, led by Jacques Benhamou, to acquire the group from its founders. This primary LBO aimed to reorganize the capital around the management and provide the financial resources to accelerate the group's specialization in Big Data and cloud services.

3i Group has acquired a substantial majority stake in Evernex from Carlyle Europe Technology Partners (CETP). 3i pre-empted a planned auction process, having tracked the asset for over two years. The deal supports the management team, led by CEO Stanislas Pilot, in continuing their international buy-and-build strategy and diversifying their service offerings.

Orange SA has announced a definitive agreement to acquire 100% of SecureLink, executing a major cross-border corporate buyout within the European digital infrastructure sector. The acquisition thesis represents a strategic consolidation play designed to transform Orange into a pan-European leader within the highly fragmented managed security services market. By fully integrating SecureLink, Orange achieves a major geographic expansion, establishing an immediate, large-scale operational footprint across critical Northern European territories where the target holds a strong local presence. The post-closing strategic rationale focuses on leveraging the target's technical expertise to broaden Orange's specialized cybersecurity architecture. The combined corporate entity will deliver an integrated, end-to-end product pipeline—encompassing advanced risk consulting, hardware and software solution provisioning, continuous infrastructure maintenance, and 24/7 security operations center (SOC) assistance.

Capgemini, a global leader in consulting and IT services, and Altran Technologies, the world leader in engineering and R&D services, have entered into an agreement for a friendly takeover. The transaction, structured as a cash tender offer at �14.00 per share, values Altran at approximately �3.6 billion. This strategic combination creates a global powerhouse with combined revenues of �17 billion and a workforce exceeding 250,000 employees.

Thales successfully executed the acquisition of Gemalto, a premier specialist in digital identity and security. This strategic combination, finalized over a rapid fifteen-month period, culminates in the creation of an entity with a formidable global workforce of approximately 80,000 employees. The structural mechanics of the deal established a robust foundation for the acquiring entity to fully integrate expansive operations and specialized cybersecurity frameworks into its broader organizational matrix. The strategic rationale underpinning this acquisition is deeply rooted in the ambition to forge an absolute global leader in digital identity and security. By absorbing an unparalleled portfolio of biometrics and data protection capabilities, the organization significantly augments its technological arsenal. This synergy directly addresses the escalating global demand for secure solutions across vital infrastructure sectors, enabling comprehensive mastery over critical decision chains in domains ranging from drone traffic management to highly sensitive financial transactions. Furthermore, the integration bolsters the combined entity's innovation engine, supported by a substantial research and development allocation of one billion euros, thereby accelerating advancements in artificial intelligence, big data, and connected devices.

CGI has successfully completed the acquisition of Acando AB, a leading Northern European consultancy specializing in management and digital services. This strategic transaction significantly expands the organization's technical capacity and operational density in key European markets, particularly within Sweden, Norway, and Germany. The rationale for the move centers on the integration of specialized strategic consulting and system integration capabilities, which complement the group’s existing portfolio of end-to-end digital transformation solutions. By incorporating a highly skilled workforce across metropolitan hubs like Stockholm and Hamburg, the organization reinforces its expertise in mission-critical industries such as manufacturing and retail. The partnership is designed to leverage a strong cultural compatibility and a shared focus on customer satisfaction to drive regional growth and capture additional market share in the European IT services landscape. This integration allows the group to offer enhanced innovation-led services while maintaining its localized delivery model. The acquisition marks a significant step in the group’s expansion strategy, positioning it as a dominant player in the Northern European technical services market.