STORMGEO acquired by ALFA LAVAL

The investment by Investindustrial in Targa Telematics is a strategic move to support the growth and internationalization of the Italian smart mobility leader. The deal will enable Targa Telematics to strengthen its leadership position in Italy and become a leading company in the smart mobility, fleet management, and insurtech sectors at the European and global level. The transaction will also allow Targa Telematics to further consolidate its existing partnerships with long-standing customers and create new client opportunities. The investment by Investindustrial is a testament to the company's commitment to supporting innovative and forward-thinking businesses. The deal is expected to have a positive impact on the smart mobility sector, as Targa Telematics continues to innovate and expand its offerings. With the support of Investindustrial, Targa Telematics is well-positioned to capitalize on the growing demand for smart mobility solutions and to become a major player in the global market. The investment will also enable Targa Telematics to accelerate its innovation process and to develop new solutions that meet the evolving needs of its clients. Overall, the deal is a strategic move that will support the long-term growth and success of Targa Telematics.

Fragbite Group entered into a definitive agreement to acquire 100% of Playdigious to spearhead its expansion into the indie publishing sector. The transaction was structured with an upfront payment and several earn-out tranches totaling €3.5 million payable through 2023 to align future performance. This strategic move allowed Fragbite to internalize "cutting-edge" porting expertise and establish a new revenue stream within the premium mobile gaming segment, while the founders remained at the helm to lead the group’s new publishing division.

Abenex acquired a majority stake in EDL from its founders. This primary LBO aimed to professionalize the group's governance, provide it with the financial resources necessary to implement a buy-and-build strategy, and finally to transform the company from its position as a leader in France into a major European platform.

Altus Group, a Canadian provider of software, data solutions, and advisory services for the commercial real estate sector, acquired Finance Active, a leading French SaaS debt management software provider. This acquisition marked Finance Active's transition from its founding shareholders, and the private equity firm Cathay Capital (which held approximately 40% of the shares), to full integration into Altus Group.

Hyland Software completed the acquisition of Nuxeo, taking full control of the French content‑services and digital asset management platform, including its products, technology, and open‑source community.  The strategic rationale is grounded in the content services and DAM convergence. Nuxeo brings a cloud‑native, low‑code, AI‑enhanced platform that complements Hyland’s existing portfolio, particularly in the areas of digital asset management, media‑rich content orchestration, and open‑source‑driven developer ecosystems. The acquisition supports Hyland’s push to become the largest open‑source‑oriented content services provider, reinforcing its cloud‑native roadmap and extending its footprint with additional customers, partners, and technical talent across Europe and North America. The integration of Nuxeo Insight, an AI and machine‑learning engine, allows Hyland to enrich large document and media libraries with business‑specific metadata, automate workflows, and generate actionable insights, thereby deepening its value proposition in information‑intensive verticals.

Astorg acquired a majority stake in Xceptor from CBPE Capital. The transaction was highly competitive, with Astorg prevailing over other top-tier sponsors (including Hg and Nordic Capital) with an all-equity bid. For the seller, CBPE, this exit is delivering a 10.8x Money Multiple and an 89% IRR after a four-year hold. Management reinvested significantly alongside Astorg to drive the next phase of growth, which focuses on US expansion and AI integration.

The transaction encompasses the full acquisition of StarBlue Inc. by Sangoma Technologies Corporation. From a strategic perspective, this cross-border integration is highly value-accretive, forging a top-tier unified communications entity capable of delivering a fully integrated suite of cloud, on-premise, and hybrid solutions. The combination completes the acquirer's long-term evolution into a pure-play SaaS platform, pushing pro-forma recurring revenues to roughly 70 percent. It strategically opens access to the lucrative enterprise segment and a vast network of over 650 channel partners.

Funds managed by CapVest Partners LLP have agreed to acquire Datasite Global Corporation, a leading global SaaS provider specialized in the end-to-end deal lifecycle. The transaction represents a strategic investment in a high-growth digital platform that sits at the core of global mergers and acquisitions activity. Datasite operates as a critical infrastructure provider for financial and corporate dealmakers, offering a suite of cloud-based applications including Datasite Diligence™, Datasite Prepare™, Datasite Outreach™, and Datasite Acquire™. These tools support the entire transaction process, from early-stage deal marketing to due diligence and final execution, making the company a comprehensive technology partner for the global M&A ecosystem. At the time of the transaction, Datasite had established a strong global footprint, with more than 750 employees across 25 locations in 13 countries and a client base spanning over 180 countries. The company had demonstrated strong momentum, including revenue growth of more than 30% in 2019 and participation in approximately 10,000 transactions, reflecting its deep penetration into global deal flow. The acquisition reflects CapVest’s strategy of investing in scalable, technology-enabled platforms with strong market positioning and recurring revenue profiles. Datasite’s SaaS model, high customer retention, and embedded role in transaction workflows make it a highly attractive asset in the financial technology ecosystem. The increasing digitization of M&A processes and the growing complexity of global transactions further reinforce the company’s long-term growth prospects. Following the acquisition, CapVest is expected to support Datasite in its next phase of expansion, with a focus on product innovation, geographic growth, and continued development of its integrated deal lifecycle platform. The addition of new modules such as Prepare, Outreach, and Acquire highlights the company’s evolution toward a fully comprehensive end-to-end solution for dealmakers.

Hg has finalized a majority investment in Geomatikk Group, a maneuver designed to fundamentally accelerate the group’s transformation into a European champion of underground mission-critical GIS data. The strategic rationale for this transaction centers on a "tech-scaling" play, merging the target's technical operational depth in infrastructure protection with the acquirer's proven track record in building business-critical software platforms. This structural alignment provides the organization with the institutional capital and strategic expertise required to pursue a definitive expansion beyond its core Nordic markets into broader Northern Europe. The operation specifically aims to replicate the successful "Visma model" of growth through systematic software enhancement and geographic consolidation. By incorporating the sponsor's strategic discipline and appoints of high-level industrial expertise to the board, the group is now positioned to leverage an integrated technology backbone to address the entire excavation ecosystem.

Eurazeo Capital and IK Partners have acquired a majority stake in Questel, alongside Raise Investissement and the management team. The strategic rationale for the deal is to finance and accelerate Questel’s ambitious external growth strategy, particularly in Europe, the US, and Japan. The transaction is supported by a €555 million ESG unitranche debt facility co-arranged by CAPZA, which includes an innovative margin adjustment mechanism based on the achievement of specific environmental, social, and governance criteria. This partnership aims to consolidate Questel’s leadership in the fragmented IP solutions market, leveraging the combined expertise of its new majority shareholders to continue its rapid scaling. For CAPZA, this marks a renewal of a long-term relationship with the group, transitioning from a previous shareholder role to a key debt provider.