NSPYRE acquired by ALTRAN TECHNOLOGIES

Evernex has completed a targeted platform optimization by executing the 100% acquisition of TTS France, marking a strategic build-up within its technical services portfolio. This transaction follows the concurrent cross-border acquisition of the Spanish IT infrastructure maintenance specialist, CAT Sistemas. The acquisition thesis centers on absorbing highly specialized, niche engineering capabilities rather than expanding the revenue base through large-scale market share. TTS France injects a rare technical expertise in repairing tape drives, library storage units, and high-value data backup systems utilized heavily by laboratories. For Evernex, this service offering represents a high-margin, sticky vertical that is critical for corporate clients requiring sophisticated, long-term data archiving solutions. By integrating this specialized maintenance framework into its broader, international IT service platform, Evernex reinforces its end-to-end life-cycle management capabilities, driving organic cross-selling opportunities across its global enterprise customer base.

Equistone Partners Europe signed an agreement to become the majority shareholder of Adista, acquiring the stake from historical founders and investors. The transaction involves the reinvestment of founding directors Gilles and Pascal Caumont, alongside the regional fund GEI and the Institut Lorrain de Participation (ILP). Approximately forty managers are also associated with the capital restructuring. This operation follows a period of hyper-growth for Adista, which saw its turnover increase from €30 million in 2012 to €75 million in 2016. The partnership is designed to scale Adista’s industrial model, enhance its commercial proximity, and fund its ambitious development projects in the B2B telecom and digital transformation sectors.

The acquisition of a 100% stake in Ausy by Randstad France marks a significant strategic pivot for the group, establishing a dominant position within the European high-tech engineering and digital services sector. This transaction allows the organization to accelerate its expansion into specialized technical consultancy, moving beyond traditional staffing services into high-value research and development support. The strategic rationale centers on addressing the increasing complexity of industrial and digital infrastructure, where technical expertise is a critical driver of market competitiveness.

The Carlyle Group has acquired a majority stake in Cap Vert Finance from Eurazeo PME in a bilateral (OTC) transaction organized by Shibumi Corporate Finance. The deal values the company at EUR137 million. This "Tertiary LBO" sees management reinvesting significantly to retain ~1/3 of the capital. Eurazeo PME exits after only two years with a 39% IRR. The acquisition is supported by a debt package representing 4-5x EBITDA, including mezzanine debt from Capzanine.

The acquisition of a majority stake in Exclusive Networks by a consortium led by Cobepa marks a significant milestone in the group's international expansion. This transaction facilitated the exit of Omnes Capital and Socadif, while Edmond de Rothschild Investment Partners (EdRIP) and the management team chose to reinvest alongside the new lead shareholder. The strategic rationale for the deal is centered on accelerating the group's trajectory toward becoming a global multi-billion euro entity. Having already established a dominant position in the EMEA region through a highly specialized service model, Exclusive Networks sought a partner capable of supporting its next phase of global consolidation. The competitive process involved numerous international private equity firms, reflecting the high market interest in the cybersecurity distribution sector. The new capital structure is designed to provide maximum flexibility for external growth, particularly in under-penetrated geographic zones. Under this new ownership, the group maintains its focus on disruptive technologies, leveraging its "Value-Added" platform to maintain superior margins compared to traditional volume distributors. The partnership also includes the implementation of a significant financing package to fund immediate capital expenditures and strategic add-on opportunities identified across the globe.

Gemalto has signed a definitive agreement to acquire 100% of the share capital of SafeNet from Vector Capital. The transaction represents a full ownership transfer, bringing the specialized data protection company under Gemalto’s operational umbrella to form an integrated security powerhouse. The acquisition is strategically designed to bridge the security gap between the "edge" of the network—where Gemalto holds market leadership—and the "core" of the network, where SafeNet provides critical data and application protection. By combining portfolios, the combined entity creates a complete end-to-end security infrastructure. The rationale centers on the increasing need for organizations to secure their data as they transition to cloud and digital environments. This move significantly reinforces Gemalto’s Identity and Access Management (IAM) capabilities and provides a platform to accelerate deployment of advanced security solutions within the Enterprise and Government sectors. The transaction is structured as an all-cash acquisition, self-funded through a combination of existing cash reserves and the drawdown of long-term credit facilities. The acquisition is intended to remain accretive to earnings upon completion, maintaining a strong financial position for the combined group.

The strategic acquisition of Airial by Gfi Informatique marks a significant expansion of the group's operational footprint in France, reinforcing its multi-specialist technical profile. This move allows the organization to establish a dominant position within the public sector and financial services landscape, integrating a prestigious portfolio of institutional and corporate clients. The strategic rationale for the transaction is rooted in the acquisition of highly specialized technical capabilities in data migration and information system modernization, particularly for the pharmaceutical and insurance industries.

The acquisition of Everis Group by NTT DATA CORPORATION is a strategic move to expand NTT DATA's global presence and enhance its IT services capabilities. The deal is part of NTT DATA's Medium-Term Management Plan, which aims to establish the company as one of the top 5 IT services firms globally. Through the acquisition, NTT DATA will gain access to Everis Group's large-scale and stable customer base, advanced consulting capabilities, and top-class personnel with expertise in system integration and outsourcing services. The acquisition will also enable NTT DATA to acquire Everis Group's business platforms in Spain and Latin America, and provide comprehensive IT services to its customers in these countries. Furthermore, NTT DATA will utilize Everis Group's near-shore and off-shore High Performance Centers to improve price competitiveness and quality of its services. The deal is expected to strengthen NTT DATA's ability to provide customers with global support, and enhance its position as a leading IT services company worldwide. The acquisition will also enable Everis Group to collaborate with NTT DATA GROUP's global operations and wide range of services, providing enhanced value to its customers as a global business partner. The deal is a significant step forward for NTT DATA's global expansion strategy, and is expected to have a positive impact on the company's growth and profitability.

Eurazeo PME has acquired a 57% majority stake in Cap Vert Finance (now Evernex). This transaction replaces the previous minority financial partner, Atria Capital Partenaires, which had supported the company in an initial MBO. The management team, led by the founder and managers, retains a significant minority stake (~43%). The deal aims to accelerate international expansion and double the company's size within 5 years.

Cap Vert Finance has structured a minority Owner Buy-Out (OBO) transaction. Previously held by its founder, Loïc Villers, and three senior executives, the company is opening its share capital to AtriA Capital Partenaires, which is acquiring a significant minority stake through AtriA's Apef III fund. The transaction structures a senior debt package of 8m€ with a seven-year maturity tranche, initially underwritten by LCL with plans for subsequent syndication. The operational scope of the target includes a corporate workforce of 90 employees. The transaction is designed to fund Cap Vert Finance's growth roadmap and geographic expansion. The company, which operates across the IT equipment leasing, financing, refurbishing, recycling, and maintenance segments through its active subsidiaries (AS Lease, Alease, and IB Remarketing), intends to expand its market footprint across Europe, Asia, and South America with targeted corporate acquisitions.