VIASAT GROUP acquired by TARGA TELEMATICS

Summit Partners has finalized the landmark acquisition of a majority stake in Doctrine, representing the largest transaction to date in the French LegalTech ecosystem. The deal, valued above 100 million EUR, marks a significant entry for the US-based growth equity firm into the European legal intelligence market, utilizing its dedicated European investment vehicle. The transaction structure includes a minority reinvestment by Peugeot Invest, the family office of the Peugeot family, ensuring a continued French presence in the company’s capital

Bridgepoint acquired a majority stake in Equativ, valuing the company at over EUR300M. This transaction aims to support the group's international growth, particularly in the US market, and finance its build-up strategy to consolidate the independent AdTech market.

The Carlyle Group has entered into exclusive negotiations to acquire a majority stake in Lacour Group. This marks the first-ever opening of Lacour's capital since its 1985 inception. CEO Angelo Maida will significantly reinvest alongside Carlyle to remain a key stakeholder. The strategic rationale for the transaction is to transform Lacour from a French market leader into a pan-European champion through an aggressive external growth strategy. The deal is supported by a unitranche debt facility provided by Capza

This transaction involves the sale of 100% of Quanos Solutions by IK Partners (via the IK Small Cap II Fund) to Keensight Capital. The exit marks the culmination of a successful four-year holding period during which IK transformed three separate software entities into a unified, market-leading brand through a disciplined M&A and integration strategy. The strategic rationale for the acquisition by Keensight centers on the continued digitization of the industrial aftersales market and the potential for Quanos to expand its InfoTwin cloud platform globally

This transaction is a secondary leveraged buyout, marking the transfer of absolute majority control from the exiting historical private equity syndicate back to a new lead financial sponsor. Following a highly competitive auction process meticulously managed by premier investment banks, the returning sponsor successfully secured exclusivity to execute the acquisition alongside the company's original financial sponsor and the deeply reinvested executive management team. To adequately capitalize this massive operation, the deal structure incorporates a substantial senior debt package, providing the optimal leverage required to support the target's ongoing aggressive expansion strategy and its transition toward broader mobility insights

Eurazeo, through its Small-Mid Buyout team, has entered into an agreement to invest over €100 million in NeoXam, becoming the majority shareholder alongside founder Serge Delpla and the management team led by Florent Fabre. The transaction enables the exit of historical shareholders, led by Cathay Capital and Bpifrance, who have been invested in the company since 2018, having supported its transformation and internationalization. This deal aims to support a new phase of growth for NeoXam, a leading financial software publisher specializing in data management, reporting, portfolio management, and post-trade operations solutions for asset managers, banks, and financial institutions

PTC has signed a definitive agreement to acquire ServiceMax. The deal involves the full integration of ServiceMax’s field service management (FSM) capabilities into PTC’s broader digital thread portfolio, effectively extending the product lifecycle into post-sale customer operations. This acquisition is a cornerstone of PTC’s "closed-loop" PLM strategy. By adding ServiceMax, PTC gains the ability to connect the digital definition of a product (managed in PLM/CAD) with its actual performance and service history in the field (managed via FSM)

The Codra Group has successfully completed the strategic acquisition and integration of Ordinal, marking a definitive consolidation milestone within the French industrial software and automation sectors. Under the terms of the transaction, Ordinal will be integrated into Codra's corporate structure as a newly formed, dedicated MES (Manufacturing Execution System) department, alongside the group's historical Engineering and Panorama SCADA divisions. The transaction was structured to leverage the deep operational alignment between both organizations, which operate identical business models based on license distribution through certified integrator networks

EcoVadis has raised $500 million in a global investment round co-led by Astorg and BeyondNetZero (General Atlantic), establishing the company as a "sustainability impact unicorn". The strategic rationale for the deal is to accelerate EcoVadis’ global scale-up, particularly in the US and Asian markets, and to bolster its AI and machine learning capabilities. The fresh capital will also be used to fund strategic acquisitions and deepen its sustainability intelligence offering, such as Scope 3 carbon emissions management

Zendesk has been acquired by an investor group led by Hellman & Friedman and Permira. The agreement was signed in June 2022 and will take the company private, ending its listing on the New York Stock Exchange. The transaction follows a three‑month strategic review conducted by Zendesk’s board, during which the company evaluated standalone and transactional alternatives. The investor group presented a definitive agreement that received unanimous board approval and is expected to close later in 2022, subject to customary regulatory approvals