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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-12-23 Peasy
Financial Services
Zaventem, Belgium
www.easypeasy.be

Peasy is a household financial services platform, acting as a broker and distributor for mortgages, insurance, energy, and telecom products. It provides consumers with convenience, transparency, and choice through an omnichannel experience. Peasy is based in Zaventem, Belgium.

Add-on Acquisition

Meilleurtaux
Company
Financial Services
Paris, France
www.meilleurtaux.com

Vortex Capital Partners
Investor
Private Equity Firm
Amsterdam, Netherlands
www.vortexcp.com

Deal Article Deal Link  
2025-12-22 Wobby
Software
Antwerpen, Belgium
www.wobby.ai

Wobby provides AI Data Analyst 'Agents' that enable users to query complex datasets through a natural language interface and receive actionable insights instantly. A proprietary semantic layer powers the solution and agentic architecture that interprets business context, automates complex workflows and delivers high-quality analytical output at scale, complementing the knowledge graph capabilities of the Actian Data Intelligence Platform. Wobby is based in Antwerpen, Belgium.

Add-on Acquisition

HCLSoftware
Company
Software
Noida, India
www.hcl-software.com

-
Deal Article Deal Link  
2025-12-19 Ora
Medical Products
Neuville, Belgium
www.oraneptis.com

Ora is a company that develops, designs, and supplies automated PET radiopharmaceutical synthesizers (radiochemistry modules) and related software for use in the production of sterile injectable PET drug products. Ora was founded in 2006 and is based in Neuville, Belgium.

Add-on Acquisition

IBA
Company
Medical Products
Louvain-La-Neuve, Belgium
www.iba-worldwide.com

-
Deal Article Deal Link  
2025-12-12 Signifeye
Healthcare Services
Antwerpen, Belgium
www.signifeye.be

Signifeye is an ophthalmology platform delivering top-tier patient care across 15 eye centers and clinics in the Flanders region. Signifeye is based in Antwerpen, Belgium.

Add-on Acquisition

EssilorLuxottica
Company
Consumer Products
Paris, France
www.essilorluxottica.com

-
Deal Article Deal Link  
2025-12-10 Benepack
Packaging
Genk, Belgium
www.benepack.com

Benepack is a manufacturer of aluminium beverage cans and sustainable packaging solutions tailored to the beer and beverage industry. Benepack was founded in 2019 and is headquartered in Genk, Belgium.

Stake Purchase

Ball
Company
Packaging
Westminster, Colorado
www.ball.com

-
Deal Article Deal Link  
2025-12-09 Greenyard
Food
Sint-Katelijne-Waver, Belgium
www.greenyard.group

Greenyard produces and sells fresh and prepared fruits and vegetables, flowers and plants, fresh logistic services, and growing media. It provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market-leading innovation, operational excellence, and outstanding service. Greenyard was founded in 1965 and is based in Sint-Katelijne-Waver, Belgium.

Going Private

Solum Partners
Investor
Private Equity Firm
Boston, Massachusetts
www.solumpartners.com

-
Deal Article Deal Link  
2025-12-07 AG Insurance
Insurance
Brussels, Belgium
www.aginsurance.be

AG Insurance is a Belgian insurance company offering life insurance, non-life insurance (such as auto, fire, accident, hospitalization, civil-liability), and supplementary pension services. It serves private individuals, self-employed persons, SMEs, and larger companies via a network of partners including brokers, agents, and bank branches. AG Insurance is based in Brussels.

Sold to Existing Investors -

BNP Paribas Fortis
Company
Financial Services
Brussels, Belgium
www.bnpparibasfortis.be

2025-11-28 Miclar
Construction
Berlare, Belgium
www.miclar.be

Miclar is a Belgian construction and industrial-building specialist focused on industrial roof and façade cladding, light steel structural elements, and related exterior building envelope solutions for commercial and industrial customers in Belgium and parts of Europe. The Company provides installation and project management services tied to building exteriors, combining construction expertise with prefabricated components tailored to industrial facilities. Miclar was founded on May 7, 2018 and is based in Berlare, Belgium.

Add-on Acquisition

Recticel
Company
Building Materials
Brussels, Belgium
www.recticel.com

-
Deal Article Deal Link  
2025-11-21 Desotec
Environmental
Roeselare, Belgium
www.desotec.com

Desotec provides circular, mobile filtration solutions using activated carbon to help companies purify water, air, and soil. Their “Filtration-as-a-Service” model rents mobile filters, collects saturated filters for off-site reactivation, and then re-uses the carbon, reducing waste while helping clients meet environmental standards. Desotec was founded in 1990 and is based in Roeselare, Belgium.

Secondary Buyout

EQT
Investor
Private Equity Firm
Stockholm, Sweden
www.eqtgroup.com

The Blackstone Group
Investor
Private Equity Firm
New York, New York
www.blackstone.com

The Blackstone Group
Investor
Private Equity Firm
New York, New York
www.blackstone.com

Deal Article Deal Link  
2025-10-20 Prothya Biosolutions
Life Science
Brussels, Belgium
www.prothya.com

Prothya Biosolutions produces and exports a broad range of pharmaceuticals for patients throughout the world. Prothya Biosolutions is based in Brussels, Belgium.

Add-on Acquisition

Accord Healthcare Ltd.
Company
Life Science
London, United Kingdom
www.accordhealthcare.us

Fortissimo Capital
Investor
Growth Capital Firm
Tel Aviv, Israel
www.ffcapital.com

Deal Article Deal Link  
2025-10-09 DESelect
Software
Antwerp, Belgium
www.deselect.com

DESelect is a Salesforce independent software vendor (ISV) and official Salesforce Marketing Cloud partner, offering a marketing optimization platform with drag-and-drop tools for audience segmentation, campaign frequency optimization, and data access within Marketing Cloud. DESelect was formed in 2019 and is headquartered in Antwerp, Belgium.

Add-on Acquisition

Unaric
Company
Software
London, United Kingdom
www.unaric.com

-
Deal Article Deal Link  
2025-10-08 Loctax
Software
Gent, Belgium
www.loctax.com

Loctax is a provider of collaborative tax, compliance, risk, and governance solutions for in-house global tax teams. Loctax was formed in 2020 and is headquartered in Gent, Belgium.

Add-on Acquisition

Tax Systems
Company
Software
Staines-upon-Thames, United Kingdom
www.taxsystems.com

-
Deal Article Deal Link  
2025-10-06 European VAT Desk
Business Services
Brussels, Belgium
www.vatdesk.eu

European VAT Desk is a tax consultancy firm recognized for its deep expertise in European value-added tax (VAT) consultancy and compliance for cross-border businesses. European VAT Desk was formed in 2006 and is headquartered in Brussels, Belgium.

Add-on Acquisition

Ryan
Company
Business Services
Dallas, Texas
www.ryan.com

-
Deal Article Deal Link  
2025-10-02 Segments.ai
Information Technology
Kessel-Lo, Belgium
www.segments.ai

Segments.ai drives the cost of image labeling to zero by helping clients drastically reduce the human effort involved in labeling massive datasets. Its cloud platform & API covers efficient labeling interfaces, automated proposals, active learning with uncertainty prediction, and data distillation. Segments.ai is based in Kessel-Lo, Belgium.

Add-on Acquisition

Uber
Company
Internet Software and Services
San Francisco, California
www.uber.com

-
2025-09-24 iXpole
Semiconductors
Genk, Belgium
www.ixpole.com

iXpole provides a sponsorship & hospitality platform for sports clubs and venues. It can be connected to any of the client's existing applications, which reduces human errors and stands for better and faster invoicing of your most complex sponsorship deals. The company allows clients to perform a target-driven sales approach by offering real-time insights displayed in multiple dashboards. iXpole was formed in 2014 and is based in Genk, Belgium.

Add-on Acquisition

fanxp
Company
Information Technology
Boulogne-Billancourt, France
www.fan-xp.com

-
Deal Article Deal Link  
2025-09-10 icometrix
Information Technology
Leuven, Belgium
www.icometrix.com

icometrix provides AI-powered brain imaging analysis through its icobrain platform, offering clinicians valuable insights into neurological disorders. The company extracts key data from brain MRI scans, facilitating more accurate diagnoses and personalized treatment plans across hospitals globally. Furthermore, it collaborates with pharmaceutical companies to support strategic drug development, clinical trials, real-world evidence, and market access needs. icometrix was formed in 2011 and is based in Leuven, Belgium.

Add-on Acquisition

GE Healthcare
Company
Medical Products
Westborough, Massachusetts
www.gehealthcare.com

-
Deal Article Deal Link  
Avg $514
10.7x EBITDA
2.0x REVENUE

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