Edition 06, updated daily, last 10/11/2026

Deal-Radar DACH, Week 46/2026

Transactions with a DACH link, reports from 09/11 to 15/11/2026. 3 active investors, 1 add-ons, 0 out of insolvency.

MonTueWedThuFriSatSun
21
transactions new in Week 46
8 of them from earlier weeks
  • In DACH
  • With financial investor
  • Abroad and funding

Private equity. 1

Financial investors make new investments, buy from other investors, acquire corporate units or take minority stakes.

Add-ons. 1

Acquisitions by companies owned by a financial investor. The investor is named with each deal.

Schweizer Treuhand Holding AG, a fiduciary platform managed by Winterberg Advisory, acquires excent AG. With around 22 employees at its sites in Wollerau, Zurich and Zug, excent serves companies and private individuals in payroll, accounting, tax, virtual office and business consulting.

Investor WinterbergSeller GründerFirst report 09/11/2026Source: eqs-news.com

Strategic and succession. 5

Companies buy companies, families hand over, corporates sell parts of their business.

Virgin Active acquires Holmes Place Germany, with 13 premium wellness clubs in six German cities, for €135m. The seller is a joint venture of Holmes Place Europe and AUCTUS funds, and closing is scheduled for mid-December 2026.

Seller Joint Venture aus Holmes Place Europe und von AUCTUS Capital Partners kontrollierten FondsAdvisers A&O Shearman (Buy-side)First report 09/11/2026Source: finanznachrichten.de

Mutares signs the agreement to sell the Magirus Firefighter Business Unit to the Japanese fire engine manufacturer Morita Holdings for an equity value of €65m. The defence business remains with Mutares and continues under a new brand.

Seller Mutares SE & Co. KGaAFirst report 09/11/2026Source: eqs-news.com

Acquisitions abroad. 6

Acquisitions where the target is based outside Germany, Austria and Switzerland.

The Czech Trinity Bank acquires from CA Immo the Czech platform with five office buildings of the Campus Riverside Karlín in Prague and the entire local team. CA Immo thereby withdraws completely from the Czech Republic and focuses on Berlin and Munich.

Seller CA ImmoAdvisers Cerha Hempel (Sell-side), CBRE (Sell-side, Immobilienberater), Dentons (Sell-side, Legal), White & Case (Buy-side)First report 09/11/2026Source: extrajournal.net

Navori Labs, a Maguar Capital portfolio company based in Lausanne, acquires Carousel Digital Signage from Tightrope Media Systems. Carousel offers a cloud-based content management platform for digital signage and serves more than 1,100 customers with 30 employees.

Investor Maguar CapitalSeller Tightrope Media Systems, Inc.Advisers PwC (Buy-side, Financial Due Diligence), valantic (Buy-side, Technical Due Diligence), Hogan Lovells Cadwalader (Buy-side, Legal), NKF (Buy-side, Legal), KPMG (Buy-side, Tax, Strukturierung)First report 09/11/2026Source: maguar.com

Aebi Schmidt acquires the US vehicle equipment provider OJ Watson Equipment from Denver and integrates it into the Municipal business unit. OJ Watson equips municipal and commercial vehicles for the maintenance of roads and public infrastructure and most recently generated revenue of around $28m.

Seller bisheriger Eigentümer (Familienunternehmen)First report 09/11/2026Source: cash.ch

Venture and growth. 4

Start-ups and young growth companies raise capital. These are not acquisitions, so they have their own block.

Late additions from earlier weeks. 8

Reported before 09/11/2026 and only now picked up by my sources. Details and source on the deal page.

Week 45/2026

  1. StrategicDEDeutsche Payment A1M to Falcon Holding06/11 · Payment brokerage, e-commerce platformDeutsche Payment A1M06/11 · DE · Payment brokerage, e-commerce platformFalcon Holding
  2. StrategicDEPhatebo to HRV Pharma04/11 · Pharmaceutical wholesale, clinical trial medicationPhatebo04/11 · DE · Pharmaceutical wholesale, clinical trial medicationHRV Pharma
  3. StrategicFRStellaGroup to VKR Holding08/11 · Roller shutters, sun protection, garage doorsStellaGroup08/11 · FR · Roller shutters, sun protection, garage doorsVKR Holding
  4. StrategicGBLogixX Pharma to Dipharma06/11 · Medicines for rare diseasesLogixX Pharma06/11 · GB · Medicines for rare diseasesDipharma
  5. Add-onNLTopzorgGroep to rehaneo06/11 · Integrated healthcare provider, physiotherapy and rehabilitationvia Fremman CapitalTopzorgGroep06/11 · NL · Integrated healthcare provider, physiotherapy and rehabilitationrehaneovia Fremman CapitalSell-sideHoulihan Lokey
  6. StrategicDETeam Germany Energie to SEICON Holding GmbH06/11 · Brokerage of electricity and gas tariffsTeam Germany Energie06/11 · DE · Brokerage of electricity and gas tariffsSEICON Holding GmbHSell-sideLux Point Partners
  7. StrategicDEMoster to EFG-Gruppe05/11 · Electrical wholesaleMoster05/11 · DE · Electrical wholesaleEFG-Gruppe
  8. InsolvencyDEZahnStyle-Gruppe out of insolvency to Halt & Kähne Zahntechnik GmbH02/11 · Dental laboratories, dental technologyZahnStyle-Gruppe02/11 · DE · Dental laboratories, dental technologyHalt & Kähne Zahntechnik GmbHOtherRDG UnternehmensberatungM&A-Prozessführung

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice.