INETUM acquired by BAIN CAPITAL

QinetiQ US has entered into a definitive agreement to acquire 100% of Avantus Federal from NewSpring Holdings. The acquisition represents a transformational platform for QinetiQ, significantly expanding its presence within the U.S. intelligence and national security communities. The strategic rationale for the merger is to create a powerful growth platform that addresses complex global defense and cyber challenges at scale. Avantus brings a strong order backlog and highly complementary capabilities in data analytics and cyber operations that enhance QinetiQ's existing portfolio of autonomous systems and sensing technologies

Mimecast Limited has been acquired by funds advised by Permira, completing the transaction in May 2022 after receipt of all required regulatory approvals and affirmative shareholder votes. The acquisition concluded a process that began with a definitive agreement in December 2021, when a special committee of Mimecast’s board conducted a structured review of alternative proposals before recommending the sale. The transaction was executed as an all‑cash purchase of every outstanding ordinary share, leading to the immediate cessation of Mimecast’s public trading and its conversion to a privately held entity

Partners Group has agreed to acquire a majority stake in atNorth Holding AB from its existing shareholder group with the objective to transform atNorth from an Icelandic-centric operator into a leading pan-Nordic data center provider. The transaction aligns with atNorth's strategic goal to accelerate its expansion across the Nordic region, capitalizing on the rapidly growing demand for high-density and power-efficient data hosting driven by AI applications. At the time of acquisition, atNorth operated two major sites in Iceland (83MW committed capacity) and was finalizing a 11MW state-of-the-art site in Stockholm, Sweden

Capza and Parquest Capital entered the capital of Advens as minority shareholders, alongside founder Alexandre Fayeulle and the management team, who retain majority control. This operation is notable for its integrated philanthropic structure: a significant portion of the company’s capital gains and dividends are directed toward a large-scale endowment fund. The primary objective of the partnership is to fuel Advens’ technological R&D and international expansion, aiming to establish the firm as the premier Security-as-a-Service provider in Europe

Adista and Unyc, both supported by Keensight Capital, have signed an exclusivity agreement for a strategic merger. This transaction creates a new national champion with a combined turnover of €220 million and 900 employees in 2021. Under the leadership of Group President Patrice Bélie, the two entities will maintain their operational specializations: Adista focusing on direct sales and Unyc on indirect/white-label distribution. Damien Watine, founder of Unyc, becomes a shareholder in the new holding company and continues to lead Unyc’s operations while joining the group’s executive board

The Fayat Group acquired 100% of NXO from Butler Industries. This acquisition comes six years after Butler rescued the company (then NextiraOne) from bankruptcy and successfully turned it around. Strategically, this deal is a game-changer for Fayat's Energy division. By integrating NXO, Fayat moves beyond traditional electrical installation to master the "data layer" of infrastructure. The goal is to become a fully integrated player in the "Smart City" and "Smart Building" markets, capable of delivering both the physical hardware (lighting, cables) and the digital intelligence (network management, cybersecurity) required by modern cities

Infra Group has finalized its fourth LBO, with ICG stepping in as the new majority shareholder to support its next growth phase. Previously backed by Andera Partners, which remains an investor, the Belgian infrastructure specialist aims to accelerate its European expansion. The group focuses on strengthening its market position in multi-technical services through an active build-up strategy and organic growth across its core territories.

Charterhouse Capital Partners acquired Labelium, a leading Paris-based digital marketing agency. This transaction marked a significant milestone, as Labelium had more than doubled in size since its previous acquisition by Qualium Investissement in 2018. Charterhouse outbid competitors IK Investment Partners and Naxicap Partners in the final round of bidding, which was managed by Cambon Partners. This acquisition enabled the exit of Qualium Investissement who had acquired Labelium in 2018 for EUR140 million, when the company's EBITDA was EUR11 million and revenue stood at EUR22 million

Triton Partners has acquired a majority stake in Swiss IT Security Group (SITS) from Ufenau Capital Partners. The transaction values the company at over EUR450 million. This exit represents a phenomenal return for Ufenau, generating a 12x Money Multiple and an IRR of >150% in just 4 years. Management remains invested alongside Triton.

Axcel has successfully finalized the acquisition of a majority stake in ProData Consult from Polaris and the organization's founders, marking the sixth platform investment for its Axcel VI fund. This strategic transaction aims to accelerate the target’s growth trajectory to establish a leading European talent-centric platform for IT consultants. The strategic rationale for the move is rooted in the convergence of an increasingly buoyant market for specialized digital talent and the target’s proven capability to deliver scalable, high-end technical solutions through its proprietary IT infrastructure