ENCORA acquired by COFORGE

Partners Group has agreed to sell atNorth to a consortium comprising CPP Investments and Equinix. Under the agreement, CPP Investments will hold a 60% controlling interest, with Equinix owning the remaining 40%. The transaction marks a successful exit for the seller, who transformed the company from a smaller base into a leading pan-Nordic platform, increasing contracted EBITDA 14-fold since 2022. The deal includes a provisionally agreed financing package of 4.2 billion dollars to fund both the acquisition and the aggressive expansion of the company’s 1.8 GW secured power pipeline. Strategically, the acquisition provides the acquirers with immediate access to significant high-density capacity in key Nordic markets to meet the surging demand for AI and hyperscale workloads. The seller has committed to reinvesting and acquiring up to 10% of the company, signaling continued confidence in the platform's future growth.

Computacenter acquired 100% of AgreeYa Solutions. This deal is immediately earnings accretive. AgreeYa enhances Computacenter's existing capabilities in the areas of cloud, data, automation and AI; digital engineering (app modernisation, development and testing); modern workplace and IT staffing (expert services). The addition of AgreeYa to Computacenter North America is expected to increase Computacenter's annualised North American Professional Services revenue to over $350m.

EMK Capital has signed a binding agreement to acquire a majority stake in Project Informatica from HIG Europe, ending the latter's five-year investment cycle. The strategic rationale for the transaction is to support the next phase of the group's evolution within the rapidly consolidating Italian ICT services market. HIG and the existing management team will reinvest alongside EMK to maintain leadership continuity and capitalize on the group’s established reputation as a leading system integrator. The partnership aims to accelerate the group’s expansion into advanced technological services and further strengthen its leadership position through the continued integration of specialized digital capabilities. This transition marks the shift from a successful build-up phase under previous ownership to a large-scale consolidation strategy intended to broaden the range of solutions provided to a growing base of public and private sector clients.

The transaction involves the acquisition of a 60% stake in 4IT Solutions by Var Group (part of the Sesa Group, which is listed on the Milan Stock Exchange), with put and call options established to facilitate the potential acquisition of the remaining share capital in the future. This business combination is a strategic move designed to accelerate the acquirer’s internationalization journey and consolidate its footprint in the Swiss market. The deal creates substantial operational synergies by uniting the target's specialized managed services and local market expertise with the acquirer’s broader service portfolio, financial scale, and R&D resources. The strategic rationale centers on providing an integrated, end-to-end IT service offering to Swiss businesses, particularly in the areas of infrastructure management, networking, and data protection. By leveraging the target's existing relationship with private and public sector clients in the Canton of Ticino, the acquirer strengthens its ability to deliver local, tailored support while maintaining service scalability. This partnership effectively addresses the rising market demand for operational continuity and resilience, allowing the combined entity to support both organizations with internal IT resources and those requiring fully managed external services.

Magellan Partners reorganizes its capital structure by welcoming ICG as a new minority shareholder, replacing Capza. This transaction is pivotal as it secures the financing for Magellan's transformative acquisition of Worldline's Mobility & e-Transactional Services (MeTS) business (valued at EUR410m). The deal values Magellan Partners at approximately EUR900 million. By integrating MeTS, the new group will double in size, creating a European leader in secure digital payments and mobility platforms with EUR900 million in revenue.

Synova has agreed to acquire Allgeier IT Services GmbH from the listed German technology group Allgeier SE. The transaction is structured as a carve-out, separating the managed services unit from the parent group's software engineering core. Strategically, Synova aims to use AITS as a consolidation platform to buy and build in the highly fragmented German IT services market. The plan includes investing in the company's commercial engine and pursuing add-on acquisitions to expand geographically and technological

LeHibou completed its first strategic acquisition by taking over Adonys Security from the Adonys Group. This transaction is a key move to verticalize LeHibou's service offering in the high-margin cybersecurity market, aiming to grow this specific business unit from EUR12M to over EUR30M in revenue. The strategic rationale is based on immediate commercial synergies: LeHibou will cross-sell Adonys' deep technical security expertise to its existing portfolio of blue-chip clients who are facing increasing cyber threats. This acquisition marks LeHibou's evolution from a horizontal talent platform to a specialized IT services provider capable of managing complex, high-stakes technical projects.

Evolver Equity has finalized the sale of 100% of Nordic BIM Group to the investment firm Hawk Infinity. This exit marks the end of a cycle for the Evolver Fund I, which transformed NBG through a proactive "buy-and-build" strategy. The operation resulted in doubling the Annual Recurring Revenue (ARR) and establishing a presence across the entire Nordic region. For Evolver, this transaction constitutes a major success, generating a Multiple on Invested Capital (MoIC) exceeding 5.0x, significantly surpassing the fund's initial objectives. Hawk Infinity takes over to support the next phase of growth, focusing particularly on the expansion of the LCA (Life Cycle Assessment) software suite as environmental standards tighten.

SoftwareOne has successfully completed a recommended voluntary public tender offer to acquire 100% of the issued and outstanding shares of Crayon, marking a transformative merger between two of the world’s leading providers of software and cloud solutions. This strategic transaction creates a global heavyweight with operations in over 70 countries, combining the target’s deep expertise in IT optimization with the acquirer’s extensive global distribution network. The strategic rationale for the move centers on achieving a dominant market position in the hyperscaler ecosystem, particularly in reinforcing the partnership with Microsoft to deliver industrialized cloud and AI services at scale.

Cinven has entered into exclusive negotiations to acquire a majority stake in Artefact, marking a strategic entry into the specialized data and AI consulting space. The transaction involves the acquisition of the platform to support its next phase of global development. The acquisition represents a high-conviction bet on the structural tailwinds within the data and AI consulting sector. For Cinven, the deal provides exposure to a scalable, global platform with a defensible, blue-chip client base. The investment thesis is centered on leveraging Cinven’s deep sector expertise in Business Services to accelerate Artefact’s growth trajectory, both through continued organic expansion and a proactive buy-and-build strategy to capture market share in a fragmented global landscape. This deal acts as a bellwether for institutional interest in high-end, pure-play data and AI service providers. It highlights a shift in private equity strategy toward acquiring specialized platforms capable of delivering end-to-end digital transformation, setting a benchmark for future valuation multiples in the consulting and professional services sector.