NOMADIA acquired by HG CAPITAL

Nayax Ltd. has entered into a definitive agreement to acquire a 100% equity interest in Retail Pro International. The transaction structure dictates an initial cash consideration alongside a deferred earnout mechanism payable over three years in either cash or equity, strategically aligning the post-transaction performance incentives, while a deferred revenue liability adjustment will also be applied to the baseline purchase price consideration. Strategically, the transaction represents a highly value-accretive maneuver designed to meaningfully expand the overarching total addressable market within the global attended retail landscape

Capza invested nearly EUR100M to acquire a 13% stake (via preferred shares) and refinance the group's debt. This transaction allowed the exit of Andera Acto. The founder, Christian Sabbagh, remains the majority shareholder (>70%). The deal aims to support Travelsoft's ambition to double in size within four years through massive European M&A.

Pollen Street Capital has acquired a majority stake in Assessio from Main Capital Partners. This transaction marks the culmination of a successful transformation phase where the company pivoted from a consultancy-driven model to a scalable SaaS business. The deal provides an exit for Main Capital, which tripled the company's revenue during its four-year holding period through aggressive international expansion and bolt-on acquisitions in the Benelux and Nordic regions. Pollen Street Capital intends to continue this "Buy-and-Build" strategy, supporting the management team to further consolidate the fragmented European assessment market and drive product innovation in AI-driven talent analytics

EQT Private Equity, holding approximately 79% of SUSE’s shares, initiated a voluntary public purchase offer to acquire all remaining outstanding shares. The strategic objective is to transition SUSE from a publicly traded entity on the Frankfurt Stock Exchange to a private company. This move aims to provide the company with a stable environment to focus on long-term strategic execution and operational priorities, free from the constraints of public market quarterly reporting cycles. The transaction includes a complex financial structure involving an interim dividend paid to all shareholders, which facilitates the financing of the purchase

Idox has finalized the acquisition of Emapsite to significantly bolster its geographic information systems (GIS) and geospatial data capabilities. This transaction represents a pivotal step in the group’s overarching data strategy, aiming to provide a more comprehensive suite of spatial intelligence tools to its existing client base in the public and asset-intensive sectors. The integration of the Farnborough-based specialist follows a series of previous acquisitions in the geospatial space, including Aligned Assets and thinkWhere, effectively creating a high-scale geospatial line of business that now accounts for a substantial portion of the group's total pro-forma revenue

The acquisition of Appli-Key by Santiane marks a strategic expansion of the latter's capabilities in the InsureTech sector, enabling the company to strengthen its market position and accelerate its growth. Through this transaction, Santiane aims to leverage Appli-Key's expertise in software development and digital solutions to enhance its own offerings and improve its operational efficiency. The deal is part of Santiane's broader strategy to diversify its business and expand its market footprint, driven by regulatory changes and evolving customer needs

Light & Wonder has entered into a definitive agreement to acquire SciPlay Corporation. This transaction results in the full integration of SciPlay as a wholly-owned subsidiary, leading to the delisting of SciPlay from the Nasdaq Global Select Market. The acquisition is intended to streamline the organizational structure of Light & Wonder, providing the necessary operational and financial strength to accelerate the company’s cross-platform strategy. By moving to 100% ownership, the firm expects to drive improved collaboration between teams, facilitating the development and deployment of engaging games across both digital and land-based platforms

Technology investment firm Silver Lake has entered into a definitive agreement to acquire a significant minority equity stake in software provider TeamSystem. Following the completion of the transaction, which remains subject to customary closing conditions and regulatory approvals, Hellman & Friedman (H&F) will retain its position as the controlling majority shareholder. Evercore acted as the exclusive financial advisor to both H&F and TeamSystem throughout this corporate syndication process. For Hellman & Friedman, the transaction brings a premier technology sponsor into the shareholder register while retaining operational control of an asset that has aggressively scaled its customer base from 200,000 to approximately 1

Edenred acquired 100% of Reward Gateway. Strategically, this is a "platform expansion" play. Edenred aims to take Reward Gateway's proven technology (currently strong in the UK/Australia) and roll it out across its own massive footprint in continental Europe (France, Belgium, Germany, Italy, Spain, Romania). By integrating Reward Gateway, Edenred evolves from being a simple provider of "lunch money" to a holistic "Employee Experience" platform, offering a one-stop-shop for benefits, discounts, and corporate culture tools

TA Associates and Montagu acquired a majority stake in Harvest from Five Arrows (Rothschild & Co), which had owned the company since 2019. Five Arrows successfully delisted the company in 2020 (valued at EUR120M then) and executed a rapid build-up strategy. The deal was competitive, with interest from Wendel and Cinven, and was structured primarily as an equity deal.