IDEMIA PUBLIC SECURITY acquired by AMADEUS

LegalPlace has completed the full acquisition of its historical and primary competitor, Legalstart, marking a major consolidation event within the French LegalTech landscape. The transaction was financed as part of a significant capital increase by LegalPlace, backed by a consortium of investors including Move Capital Fund I, XAnge, and Eurazeo. The purchase of Legalstart's shares was settled entirely in cash. This strategic merger unites two of the most recognized platforms dedicated to online services for entrepreneurs, which had for years competed directly in the same market segment

Pan-European private equity investor Oakley Capital has entered into an agreement to acquire a majority equity stake in enterprise software provider XTEL. The transaction is being executed alongside existing shareholders Bain Capital and SilverTree Equity, with the latter remaining invested to actively support the company's next phase of growth. Evercore acted as the exclusive financial advisor to XTEL and the selling consortium throughout the transaction process. For Oakley Capital, the buyout is designed to leverage its extensive track record in backing European software champions to drive XTEL's international expansion into key growth markets such as Latin America and Asia-Pacific, while pursuing targeted M&A opportunities

IKS Health has entered into a definitive agreement to acquire 100% of the equity of TruBridge Inc. through its U.S. arm. The acquisition is a strategic move to create a comprehensive "system of record plus system of action" platform. The strategic rationale is driven by the desire to diversify the acquirer's portfolio into sticky, recurring SaaS-based Electronic Health Record (EHR) segments while deepening its penetration into the rural and community hospital market. By integrating TruBridge’s established EHR backbone with IKS Health’s proprietary AI-driven clinical enablement tools, the combined entity aims to solve complex operational challenges for healthcare organizations

HR Path completed the strategic acquisition of Covalence Consulting Inc. to significantly accelerate the growth and depth of its North American UKG practice. The rationale behind the transaction is to consolidate HR Path's position as a global leader in digital HR transformation by integrating specialized technical expertise in UKG and Infor solutions. This move strengthens the group's ability to deliver high-value outcomes in the United States and Canada, markets where Covalence has established a strong reputation for implementation excellence and customer satisfaction

Long Path Partners has declared its all-cash offer for Idox plc unconditional, completing the acquisition process. The transaction involves the transfer of 100% of the share capital of the London-listed software business to the U.S.-based investment manager. The acquisition is a high-conviction investment aligned with Long Path Partners' strategy of backing high-quality, durable software businesses with mission-critical roles in their respective industries. Idox fits the firm's profile of a cash-generative, stable business providing essential regulatory software

The transaction involves the entry of Turenne Emergence into Kizeo’s capital, acquiring a ~20% minority stake through an equity investment of 10 million EUR. This growth LBO represents a strategic partnership aimed at accelerating the company's development trajectory over the next five years. The deal rationale is centered on supporting the target's ambitious growth plan, which includes doubling the firm's size through the expansion of its functional software coverage, pursuing international deployment, and evaluating potential external growth opportunities (buy-and-build)

The acquisition of Doctrine by the British listed group RELX represents a landmark transaction in the European LegalTech sector. The strategic rationale for RELX centers on the integration of Doctrine’s specialized AI capabilities into its global legal analytics portfolio, creating significant industrial synergies and reinforcing its dominance in the European market. The deal was finalized following a competitive auction process involving several high-profile private equity sponsors, but ultimately shifted toward an industrial buyer capable of leveraging the target’s advanced technology stack

TeamSystem, a leading digital platform backed by Hellman & Friedman, Silver Lake, and CapitalG, has successfully finalized the acquisition of ACD in France. This strategic move represents the fourth transaction of the group in 2026, marking a significant acceleration of its international expansion strategy. The acquisition of the French target allows the group to capitalize on the progressive implementation of mandatory electronic invoicing in France, a regulatory shift mirroring the Italian transition that fueled the group's domestic growth

Zinc BidCo, the investment vehicle of a global private equity firm and a specialized Italian asset manager, in concert with a long-standing industrial shareholder, has finalized a mandatory tender offer (OPA) to acquire the total share capital of the target. This strategic transaction marks the transition of the organization from a publicly-traded entity on the Euronext STAR Milan to a private subsidiary. The strategic rationale for the move centers on the consolidation of the target’s leadership in the European digital trust and credit information sectors, providing a stable, private environment for the next chapter of its international growth

This transaction was a significant secondary market operation, providing liquidity to early stakeholders rather than raising new capital for the company. The deal was structured to allow historical business angels and long-term employees to sell a portion of their vested shares, enabling them to realize a return on their investment and involvement since the company's inception. Concurrently, it created an entry point for a select group of new institutional investors to acquire a stake in the company without causing dilution to existing shareholders