MD CONSULTING UND INFORMATIONSDIENSTE acquired by SPYROSOFT

WeAreProject, the primary IT services platform controlled by EMK Capital, has successfully entered into a definitive agreement to acquire a majority stake in Sistemi Hardware & Software S.p.A. (Sistemi HS) and its subsidiary Stackna S.r.l. This transaction marks the first inorganic expansion of the group following its change in ownership earlier in the year and represents a significant geographic densification in Northern Italy, particularly within the Piedmont region. The strategic rationale for the move centers on the integration of the target’s established professional services network with the group’s high-density managed services platform

Nord Holding has successfully finalized a majority investment in the share capital of the target, alongside its founding management team. This strategic transaction represents a pivotal step in the acquirer’s objective to establish a dominant digital IT infrastructure platform for the outpatient healthcare system throughout the DACH region. The strategic rationale for the move centers on the high degree of technical alignment between the target’s specialized managed service expertise and the acquirer’s established focus on healthcare technology and software investments

ISAI acquired a minority stake in Fleet. This transaction is a classic Owner Buy-Out (OBO): it allows founders and early employees to cash out part of their equity. No new capital (Cash-in) was injected into the company for now, as Fleet is profitable and self-financing. The deal aims to structure the company for international expansion and potential external growth (M&A) to reach �100 million in revenue within 4 years. Revenue (Target)

A consortium consisting of Bridgepoint and Polaris Private Equity has reached a definitive agreement to acquire PDSVISION from the CapMan Buyout XI Fund. This transaction represents a successful exit for the seller, who invested in 2020 as the inaugural deal of its eleventh fund. During the holding period, the target underwent a massive international transformation, expanding from a Nordic-focused organization into a global player with a footprint in 15 countries. The strategic growth was fueled by a combination of robust organic performance and aggressive add-on acquisitions, supported by financing partner CORDET

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

Intermediate Capital Group (ICG) has entered into an agreement to support Navarino's founders, Dimitris and Panos Tsikopoulos, in the company's next phase of growth. Through its European Corporate strategy, ICG is providing a minority equity investment to back Navarino's expansion ambitions while preserving its operational independence. The transaction is notable for maintaining a strong alignment of interests among all parties. The founders are reinvesting a significant portion of their stake and retaining control of the business, while Viasat, a historical minority shareholder, is exiting its position entirely

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.

Coforge has successfully entered into a definitive agreement to acquire 100% of Encora, a strategic move designed to establish the combined organization as a premier AI-driven engineering powerhouse. The strategic rationale for the transaction centers on building a scaled technical "moat" underpinned by AI-native DNA and agentic AI platforms. This integration significantly expands the group's near-shore delivery capabilities, particularly within the LATAM region, providing specialized engineering talent to service the North American market

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 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