ELEC 44 acquired by SPARRING CAPITAL

Future PLC acquired SheerLuxe. The acquisition is highly strategic: it brings to Future a "Google-Zero" blueprint—a model resilient to search algorithm volatility—and deep expertise in social commerce and podcasting. The current management team will remain to deliver an ambitious double-digit growth plan.

Siparex Midcap acquired a majority stake in 123 Elec from B&Capital. This transaction marks the exit of B&Capital after a five-year holding period during which the group doubled its revenue from EUR43m to over EUR90m and realized a 2.5x return on investment. The management team reinvested significantly alongside Siparex and a pool of financial partners including BNP Paribas Developpement. The deal, supported by acquisition debt arranged by Caisse d'Epargne, aims to accelerate 123 Elec's digital lead and diversify its product offering into energy transition equipment

Bending Spoons has entered into a definitive agreement to acquire all outstanding shares of the target organization, a move that will transition the entity from a public corporation listed on the NYSE to a private subsidiary. The strategic rationale for the transaction is rooted in the acquirer’s objective to accelerate innovation within the experience economy by applying its advanced engineering resources and AI expertise to the target’s established ticketing platform. Planned initiatives include the introduction of dedicated messaging functionality to enhance community interaction, the implementation of AI-driven tools to simplify event creation for organizers, and the improvement of platform searchability for attendees

Boats Group has received a strategic growth investment from General Atlantic and CPP Investments, while Permira partially exited its position and retained a significant minority stake. The transaction, announced in December 2025, includes board appointments for the new investors and is slated to close in the first half of 2026 pending customary conditions. Financial advisors and legal counsel for the parties were disclosed, reflecting a multi‑advisor structure typical of cross‑border growth equity deals

This transaction is a strategic corporate acquisition wherein Stingray enters into a definitive agreement to fully acquire TuneIn. The operation is financed through a dedicated new term loan secured under the acquirer's renewed credit facility, featuring a structured payout that includes an initial closing payment and a subsequent performance-based earn-out. The primary strategic rationale driving this consolidation is to profoundly expand Stingray's global digital audio footprint and rapidly accelerate its growth within the streaming services sector

OLX Group, a subsidiary of the Dutch investment group Prosus, has finalized the acquisition of the automotive classifieds platform La Centrale. Closed on November 17, 2025, the transaction facilitates the full exit of US private equity firm Providence Equity Partners, which had held a controlling stake since 2020, alongside the divestment of minority shares held by Axel Springer. For OLX Group, led by CEO Christian Gisy, the buyout represents a highly strategic move to penetrate the French used-car market and significantly expand its operational footprint across Western Europe

Claranova completed the sale of its personalized photo division, PlanetArt, to a consortium led by General Atlantic Credit and the division's management team. The deal is a strategic imperative for Claranova to deleverage its balance sheet and pivot to a "pure-player" software model. The proceeds allow Claranova to refinance its remaining debt and focus on its high-margin segments: PDF (SodaPDF), Utilities (Adaware), and Photo Software (inPixio).

Adevinta’s Spanish classifieds business has been acquired by EQT AB. The transaction concludes a multi‑month process that began after Adevinta announced its intention to divest the Spanish unit to sharpen its focus on core European markets. The sale includes the six operating platforms—Infojobs, Fotocasa, Habitaclia, Milanuncios, coches.net and motos.net—together with associated technology assets, staff and commercial contracts. The agreement was signed in July 2025 and follows earlier strategic moves by Adevinta to streamline its portfolio and by EQT to deepen its exposure to the consumer internet sector

Andera Partners acquires a majority stake in CDS Groupe, the French champion of business hotel booking solutions. This secondary LBO marks the exit of historical investors Siparex and Bpifrance. Ziad Minkara, the CEO, remains at the helm. With Andera's backing, CDS aims to accelerate its international expansion (particularly in Europe, targeting Italy and Germany) and potentially pursue new acquisitions to consolidate the fragmented business travel market.

Inflexion has agreed to acquire a majority stake in Finanzen.net Group from the media conglomerate Axel Springer. The transaction is structured as a carve-out, separating the financial portal and brokerage business from the parent company to operate as a standalone platform. The founders will retain a significant stake and continue to lead the business. Strategically, Inflexion aims to accelerate the growth of the "Zero" neobroker division by cross-selling to the portal's massive audience, effectively converting media traffic into trading customers