Latest M&A news, deal analysis, and investment insights.
Fastweb+Vodafone has led a new funding round into Italy’s Mama Insurance, alongside Founders Factory and Vento. The deal underlines telcos’ push to build insurance distribution and product capability around data and embedded channels.
Mama InsuranceThe European Investment Bank is providing up to EUR 20 million of InvestEU-backed convertible venture debt to Italian clinical-stage medtech Tensive, targeting women’s health and post-breast-cancer breast reconstruction.
TensiveFrancisco Partners and KKR have agreed to acquire minority stakes in Italy’s TeamSystem, backing continued expansion of its accounting, payroll and business management software platform.
TeamSystemStockholm-based Tandem Health has raised EUR 86.5 million in Series B funding led by EQT-managed Scaleup Europe Fund, with Kinnevik, Northzone and others participating, to expand its AI medical assistant across Europe.
Tandem HealthCerberus Capital Management has put forward a EUR 300 million funding proposal tied to a potential entry into Italy’s BFF Bank, according to BeBeez. The situation also involves other financial players around the table.
BFF BankXenon Private Equity has backed the acquisition of a majority stake in WMR Group via FIFTH BEAT, adding the digital marketing and omnichannel consultancy to its Italian digital services platform.
Xenon Private EquityProptech group Huspy has acquired Italy's Integra Finance as it moves into the Italian market. The company also outlined an EUR 75 million investment plan tied to the expansion.
HuspyUK manufacturing AI startup CloudNC has raised $20 million (~EUR 19m) to scale adoption of its CAM Assist software and expand into new markets, with Lockheed Martin’s venture arm participating again.
CloudNCAmbienta-backed No Dig Alliance has acquired Swedish trenchless pipe installation specialist Horisonterra. The add-on deepens the platform’s footprint in Sweden as it builds a Nordic low-impact water infrastructure services group.
AmbientaItalian digital signage group M-Cube has refinanced with UniCredit and Banco BPM in a EUR 28 million package that repays an existing bond and adds firepower for capex and acquisitions across Europe.
M-CubeItaly’s Biorsaf raised EUR 5.2 million and simultaneously acquired Cooki, packaging funding with a capability acquisition to build an AI-enabled food compliance platform.
BiorsafFundcraft has secured EUR 12 million in growth financing to scale its regulated, digital-native fund operations platform across Europe.
FundcraftAmbienta SGR has acquired Sweden-based HorisonTerra as an add-on for No Dig Alliance. Financial terms were not disclosed.
Ambienta SGRNordic Foodtech VC has secured an EUR 30 million commitment from the European Investment Fund, adding fresh firepower for food and agriculture technology investments from Finland.
Nordic Foodtech VCItalian investor P101 has led a EUR 5.2 million funding round in Biorsaf, as the company moves into acquisition-led growth with the purchase of Cooki.
P101PLT Energia has agreed to acquire EDP Renewables Italia Holding and EDP Renewables Europe, expanding its footprint in Italy’s renewables market. Financial terms were not disclosed.
PLT EnergiaMeta has acquired Swedish technology company Stilla for an undisclosed sum. The transaction adds another Nordic asset to Meta’s broader product and talent footprint, with integration details still limited.
Meta acquisitionInvestindustrial 7-backed Omnia Technologies has acquired Italy-based BRAM-COR, Siempharma and C.Matic. Financial terms were not disclosed.
Investindustrial 7Italian credit investor SOREC has acquired a EUR 64 million non-performing loan portfolio on the secondary market and is moving to securitise the assets, according to BeBeez.
SORECUK chip startup SCI Semiconductor has secured £5m (~EUR 6m) in a growth round led by PXN Ventures and Mercia Ventures, with Osney Capital and Black Opal Ventures also backing the raise.
SCI SemiconductorUniCredit has acquired a minority stake in Frankfurt-based VC Trade, betting on digital infrastructure for debt transactions and keeping the fintech independent for now.
UniCreditChequers Capital portfolio company Altea Federation has acquired Milan-based Fashion and Retail consultancy Allspark. The move deepens Altea’s retail transformation stack and formalises Cegid as a key go-to-market partner in Italy.
Chequers CapitalMilan-based seed investor Techshop SGR has launched its second venture fund, Techshop II, with a EUR 43 million first close to back AI-powered B2B startups in Italy and across Europe.
Techshop IIFrench remote cardiac monitoring player Implicity has raised EUR 35 million from IRIS and Five Arrows. The deal underlines sustained investor appetite for clinical-grade remote patient monitoring and decision support in Europe.
ImplicityThe Exploration Company has raised EUR 387 million in Series C funding, bringing top-tier growth investors into Europe’s reusable space logistics race as it pushes Nyx toward an ISS docking mission.
The Exploration CompanyNuveen Real Estate has acquired three fully leased logistics properties in the Milan metropolitan area for EUR 100 million, extending its Italian expansion and reinforcing institutional capital’s tilt toward income-backed logistics.
Nuveen Real EstateICG’s European Infrastructure team has agreed to acquire UK crematoria and cemeteries operator Westerleigh Group from Ontario Teachers’ and USS, underscoring sustained infrastructure appetite for demographic-demand assets.
ICG InfraBioInnovation Institute is funding six Danish early-stage spinouts with EUR 7.8 million in convertible loans and moving them into its 18-month Venture House programme to prepare for external financing.
BioInnovation InstitutePlatinum Equity has agreed to sell Italian marine interiors specialist De Wave to Renaissance Partners. The handoff underscores sustained sponsor appetite for niche maritime platforms with services-heavy revenue streams.
De WaveEurazeo’s Planetary Boundaries Fund has backed the combination of Flex IT and T1A, with Dansk Vækstkapital joining as a minority investor. The deal builds a pan-European circular IT platform framed around refurbishment and IT asset disposition.
Flex ITBanca Sistema has completed a EUR 53 million funding transaction tied to its Janus securitisation, selling mezzanine and junior notes to third-party investors after receiving Bank of Italy clearance.
Banca SistemaSpanish HR software scale-up Factorial has acquired Berlin-based Empion, adding AI-driven candidate and employee assessments as a new platform capability as it pushes deeper into Germany.
FactorialBritish Business Bank is funding Molten Ventures with EUR 203 million, adding state-backed firepower to UK and European growth-stage tech investing.
Molten VenturesEstonian company Frankenburg Technologies has secured EUR 30 million in new funding, underscoring Europe’s accelerating flow of private capital into defense and other strategic technologies.
Frankenburg TechnologiesIntera Partners-backed Suvia Group has acquired AutoRepairGroup, establishing its first footprint outside Finland and adding Belgium’s largest independent body repair network to its platform.
Intera Partners