M&A Deal Summary |
|
|---|---|
| Date | 2025-08-01 |
| Target | Smart Communications |
| Sector | Internet Software and Services |
| Buyer(s) |
Cinven
Accel-KKR |
| Sellers(s) |
Accel-KKR
Goldman Sachs Merchant Banking |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1977 |
| PE ASSETS | 39.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 185 of 185 |
| Sector: Internet Software and Services M&A | 5 of 5 |
| Type: Secondary Buyout M&A Deals | 57 of 57 |
| Country: United Kingdom M&A | 88 of 88 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-13 |
Kurt Geiger
London, United Kingdom Kurt Geiger is a retailer of designer footwear and accessories. Kurt Geiger has a portfolio of attractive brands (including Kurt Geiger London, KG, Miss KG, and Carvela) and operates over 80 stores globally and 240 concessions within some of the world’s most prestigious department stores including Harrods, Selfridges, House of Fraser and Debenhams and partners with leading international brands. Kurt Geiger was founded in 1963 and is based in London, England. |
Sell | £289M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-01 |
Stada
Bad Vilbel, Germany Stada is a developer and marketer of active pharmaceutical ingredients for the health care and pharmaceutical markets worldwide. Stada was founded in 1895 and is based in Bad Vilbel, Germany. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Focused |
Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 121 of 123 |
| Sector: Internet Software and Services M&A | 37 of 38 |
| Type: Secondary Buyout M&A Deals | 19 of 20 |
| Country: United Kingdom M&A | 11 of 11 |
| Year: 2025 M&A | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-14 |
Aaro
Stockholm, Sweden Aaro provides Corporate Performance Management (CPM) software for group accounting, consolidation, and financial reporting. Aaro was founded in 1989 and is based in Stockholm, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-23 |
Arbiter
Sandy, Utah, United States Arbiter offers school and athletic program management, supporting schools, leagues, and organizations nationwide. Offering solutions for scheduling, registration, payments, assigning, eligibility, facilities management, and athletic websites, it empowers schools and communities to manage activities with confidence. Arbiter is based in Sandy, Utah. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 19.0B USD |
| Size | Mega |
| Type | Sector Focused |
Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 56 of 56 |
| Sector: Internet Software and Services M&A | 15 of 15 |
| Type: Secondary Buyout M&A Deals | 17 of 17 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2025 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-14 |
Aaro
Stockholm, Sweden Aaro provides Corporate Performance Management (CPM) software for group accounting, consolidation, and financial reporting. Aaro was founded in 1989 and is based in Stockholm, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-23 |
Arbiter
Sandy, Utah, United States Arbiter offers school and athletic program management, supporting schools, leagues, and organizations nationwide. Offering solutions for scheduling, registration, payments, assigning, eligibility, facilities management, and athletic websites, it empowers schools and communities to manage activities with confidence. Arbiter is based in Sandy, Utah. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 126 of 126 |
| Sector: Internet Software and Services M&A | 7 of 7 |
| Type: Secondary Buyout M&A Deals | 34 of 34 |
| Country: United Kingdom M&A | 6 of 6 |
| Year: 2025 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-25 |
Splash Car Wash
Milford, Connecticut, United States Splash Car Wash is an operator of car washes with 18 locations in New York and Connecticut. The Company offers full service, hand wash, express, and self-service alternatives, as well as oil and lube services at premier locations. Splash Car Wash was formed in 1981 and is based in Milford, Connecticut. |
Sell | - |
