Duke Street exits Kent Pharma to Phoenix Labs
Duke Street has agreed to sell UK pharma distributor Kent Pharma to Phoenix Labs. Financial terms were not disclosed.
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Latest M&A news, deal analysis, and investment insights.
SOCOTEC Italia buys UXO specialist Gimac
SOCOTEC Italia has acquired Gimac, a niche Italian unexploded-ordnance (UXO) specialist. The deal extends SOCOTEC’s technical services footprint with another bolt-on in infrastructure-adjacent risk management.
SOCOTEC ItaliaCiviSmart secures EUR 120m to scale Italian smart lighting
PATRIZIA-backed CiviSmart has raised EUR 120 million from UniCredit, Natixis and BayernLB. The funding backs continued expansion of its public lighting footprint and broader smart city services across Italy.
CiviSmartSOCOTEC Italia buys 70% of GIMAC
SOCOTEC Italia has acquired a 70% stake in Italy-based GIMAC, expanding its positioning in unexploded ordnance remediation. Financial terms were not disclosed.
SOCOTEC ItaliaFintechOS raises EUR 28m to push US expansion
FintechOS has raised EUR 28 million in a mix of equity and debt from existing backers and Santander CIB. The Romania-founded, London-based fintech plans to expand in the US while deepening its European client base.
FintechOSBalderton leads Unit1 Studio’s ~EUR 24m avatar concert raise
London-based Unit1 Studio has raised £20 million (~EUR 24m) in a mixed financing round to scale avatar concert production and make shows portable across venues.
Unit1 StudioTundr raises EUR 11.6m to scale welfare fintech
Italian fintech Tundr has closed a EUR 11.6 million Series A led by CDP Venture Capital with 360 Capital and Azimut. The funding backs a new growth phase in corporate welfare and benefits administration.
TundrVORN Bioenergy acquires Enerfarm from Equitix
VORN Bioenergy has agreed to acquire Enerfarm from Equitix in an undisclosed transaction. The deal underscores continued investor appetite for contracted bioenergy and circular-economy assets in Europe.
VORN BioenergyTandem Health lands ~EUR 93m to scale clinical AI
Sweden’s Tandem Health has raised $100 million (~EUR 93m) Series B led by EU-backed Scaleup Europe Fund, with Kinnevik, Northzone and others re-upping. The round backs faster European rollout of its clinical AI platform.
Tandem HealthNewSchool VC closes EUR 10m debut fund
Belgian solo-GP NewSchool VC has closed its first fund at EUR 10 million to back pre-seed and seed B2B technology startups across Europe, with most capital earmarked for Belgium.
NewSchool VCHackuity raises ~EUR 18m for AI vulnerability ops
France's Hackuity has closed a $19 million funding round led by Forgepoint Capital International to expand its AI-powered Vulnerability Operations Center and accelerate product innovation.
HackuityEurazeo takes majority stake in Netco Group
Eurazeo has agreed to acquire a majority stake in Netco Group from Ardian and management, backing a maintenance-services platform with ongoing M&A ambitions across Western Europe.
EurazeoItalica acquires Italy-based BCS
Italica has acquired BCS, an Italian industrial business. Financial terms were not disclosed, and details on scope and integration plans remain limited.
ItalicaWebuild moves to take Trevi private
Webuild has launched an all-cash voluntary tender offer for 100% of Italy’s Trevi, positioning the bid as a strategic consolidation move in civil engineering and infrastructure.
Webuild TreviAmbienta-backed Spaggiari expands into Iberia via ESDS
Ambienta-backed Spaggiari Parma has acquired Portugal’s E-Schooling Dream Shaper in its first deal outside Italy, extending its footprint across Iberia and into Latin America.
Ambienta SGRIntegral raises EUR 18m for AI-run accounting
Berlin-based Integral has secured EUR 18 million in Series A funding to build an AI-native accounting, tax and payroll services model for German SMEs. The round was co-led by Mosaic Ventures and Reid Hoffman.
IntegralHeadline leads Exein’s ~$250m physical AI security round
Rome-based Exein raised $270 million (~EUR 250m) led by Headline, reaching a $1.7 billion valuation. The round spotlights investor focus on cybersecurity for robots, industrial machines and other AI-enabled physical systems.
Exein fundingLexroom buys Brocardi to deepen AI legal answers
Lexroom has acquired 100% of Italy’s Brocardi, adding two decades of curated legal content and a large lawyer community to its AI legal work platform.
LexroomHackuity raises EUR 19m to scale AI-era vulnerability ops
Lyon-based Hackuity has secured EUR 19 million from Forgepoint Capital International, Bright Pixel, Bpifrance and Seventure Partners to expand internationally and accelerate product development for operational vulnerability management.
HackuityAmundi buys 9.9% stake in ICG
Amundi has agreed to take a 9.9% economic stake in UK-listed alternative asset manager ICG for EUR 620 million, alongside a 10-year exclusive wealth distribution partnership.
Amundi ICGWhite Lab adds Proj.Eco in Italian HSE push
White Lab, backed by White Bridge Investments II, has acquired Bergamo-based Proj.Eco Engineering, adding HSE consulting and permitting capabilities as it builds out its Italian HSE services platform.
White Bridge Investments IIEnduroSat raises ~EUR 190m to scale satellite fleets
Bulgarian satellite manufacturer EnduroSat has raised $205 million (~EUR 190m) to expand production capacity and push further into the US commercial space market.
EnduroSatUK Sovereign AI Fund backs ~EUR 602m drug discovery raise
The UK Sovereign AI Fund is set to anchor a £500 million funding round for a British drug discovery startup, pairing equity with access to national compute and R&D support.
UK Sovereign AI FundStar Capital buys 70% of Italy’s Vetrotec
Star Capital has acquired a 70% stake in Italian glass processor Vetrotec, backing a new platform, Holding Glass, to pursue a buy-and-build strategy in the sector.
Star CapitalICEYE secures EUR 900m for sovereign ISR push
Finnish SAR satellite operator ICEYE has raised EUR 900 million in fresh funding to accelerate delivery of space-based ISR systems and data services for government customers across Europe.
ICEYE fundingToduba buys BitQ in Italian welfare push
Toduba has acquired 100% of Milan-based BitQ, a B2B platform for corporate welfare ticket, coupon and voucher distribution. The deal underscores rising focus on integrated, multi-provider infrastructure in Italy’s welfare ecosystem.
TodubaMain Capital exits FleetGO to Aptean
Main Capital Partners has sold Dutch software platform FleetGO to enterprise software buyer Aptean. Financial terms were not disclosed.
Main Capital PartnersThe Equity Club reinvests in Italian motorsport group Korus
The Equity Club has backed a new funding round in Korus, the integrated Italian motorsport platform built from multiple specialist suppliers. Theorikon Industrial Fund has joined as a strategic long-term partner.
KorusGallant-backed Fime buys France’s Red Alert Labs
Gallant-backed Fime has acquired French IoT cybersecurity specialist Red Alert Labs, adding accredited evaluation and compliance automation via the CyberPass platform. Terms were not disclosed.
FimeThe Equity Club buys majority of 247 Production
Italian investor The Equity Club has acquired a majority stake in 247 Production, a digital entertainment and media company. Financial terms were not disclosed.
The Equity ClubEnduroSat raises EUR 178m to scale satellite output
EnduroSat has raised EUR 178 million from a global investor syndicate to expand production of standardized satellites and support constellation deployments from Europe.
EnduroSatIntegral raises EUR 18m for its tech platform
German technology company Integral has announced a EUR 18 million funding round from undisclosed investors. The financing adds fresh capacity for product development and go-to-market execution in a competitive European software landscape.
Integral fundingEndra buys Planlabs to push into mechanical
Endra has acquired Swiss AI start-up Planlabs, extending its building-system engineering platform from electrical into mechanical design. Terms were not disclosed.
EndraQuadrivio adds Dev4Side to Lucient roll-up
Quadrivio Group’s Artificial Intelligence PE Fund has agreed to acquire Milan-based Dev4Side Group via its Lucient platform, extending a Microsoft-centric build-up in Italian digital services and AI.
Quadrivio GroupStirling Square exits Isoclima to Italian-led consortium
Stirling Square Capital Partners has agreed to sell Italian glass specialist Isoclima to a consortium led by Fondo Italiano d’Investimento and TEC Glass. Terms were not disclosed.
Stirling Square Capital Partners