Aurelius, Advent International, HIG Capital, Investindustrial and Keensight Capital are among the private equity firms playing in the sector.
'When we invested in 2016, our digital offering was nascent, whereas today, the delivery app and digital side drive about 30% of the business,' says managing director Melis Kahya Akar.
In October, MidEuropa announced it is selling Profi to Ahold Delhaize.
‘That's part of a broader trend where shareholders are looking to get advisers on board early to be ready for a change in the market environment,’ said William Blair’s Andreas Mentzer.
BU's exit from EA generated a 76% IRR and returned over €1bn in capital gains, says BU co-founder Florian Schick.
SCP made a strategic investment in hyper-automation services company Roboyo in early October.
Pivoting to mental health and signing up the UK’s National Health Service made the healthcare company a ‘must-have’, says Archimed's Robin Filmer-Wilson.
KKR, Triton, Bain Capital and Kartesia are among the firm buying and selling in the sector.
The private equity firm has taken conference company Hyve private alongside Providence Equity Partners and made a sole bid for listed asset manager Gresham House.
Keensight Capital, LDC and Agilitas Private Equity are among the private equity firms investing in the cloud services sector.