M&A Deal Summary

FLEX Capital Acquires Evo IT

On October 7, 2025, private equity firm FLEX Capital acquired software company Evo IT

Acquisition Highlights
  • This is FLEX Capital’s 3rd transaction in the Software sector.
  • This is FLEX Capital’s 1st transaction in Austria.

M&A Deal Summary

Date 2025-10-07
Target Evo IT
Sector Software
Buyer(s) FLEX Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Drake Star Partners (Financial)

Target

Evo IT

Vienna, Austria
Evo IT develops complex custom software covering the entire IT lifecycle. This includes consulting and development through to operations and maintenance. Key applications include ticketing, asset management, fleet management, and logistics control. Evo IT is based in Vienna, Austria.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

FLEX Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2018
PE ASSETS 426M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

FLEX Capital is a private equity firm focused on acquiring founder owned software companies throughout German speaking Europe. The Firm looks to commit €10 to €60 million to acquire businesses with €5 to €50 million of revenue. FLEX looks to take a partnership role in taking acquired companies to the next level of growth. FLEX Capital was formed in 2018 and is based in Berlin, Germany.


DEAL STATS #
Overall 7 of 7
Sector: Software M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 5
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 lawpilots

Berlin, Germany

lawpilots is an online training platform for legal e-learning in all business-related areas in German-speaking countries. These include data protection, compliance, ESG, IT security and other regulatory requirements. lawpilots was formed in 2017 and is based in Berlin, Germany.

Buy -