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
The Volare Group acquires Equipe One, an agency in Suhr (AG) specialising in social media and performance marketing, and integrates it into the group. Equipe One continues to operate under its own name, and at the end of 2026 the current COO Ilian Lässig takes over management.
Seller GründerFirst report 09/11/2026Source: netzwoche.ch
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
Lagardère Travel Retail acquires Aichinger Gastro, which operates six food and beverage outlets in the security area of Munich Airport. The buyer thereby gains access to the Munich location and expands its German airport network.
Seller InhaberfamilieFirst report 09/11/2026Source: Tageskarte
Affirm acquires the German fintech Ratepay from Nexi. Ratepay offers merchants in the DACH region white-label payment solutions and assumes the entire default risk for the merchant. Closing is expected in the first half of 2027, subject to regulatory approvals.
Seller NexiAdvisers Nomura (Sell-side)First report 09/11/2026Source: PYMNTS
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
Raiffeisen Bank SA acquires 100% of the shares in Garanti BBVA Group Romania from subsidiaries of BBVA. The group includes Garanti Bank SA and the leasing unit Motoractive IFN SA.
Seller Tochtergesellschaften von Banco Bilbao Vizcaya Argentaria SA (BBVA)Advisers Schoenherr (Buy-side)First report 09/11/2026Source: schoenherr.eu
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
American Express acquires the European restaurant platform TheFork from Tripadvisor. TheFork offers table reservations, reviews and the TheFork Manager software for restaurateurs, and the brand remains in place.
Seller TripadvisorFirst report 09/11/2026Source: business-punk.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
SGS signs an agreement to acquire Deibel Laboratories, a food safety testing services provider headquartered in Florida. The company specialises in microbiological testing, food chemistry and tests for allergens and pathogens.
First report 10/11/2026Source: cash.ch
Venture and growth. 4
Start-ups and young growth companies raise capital. These are not acquisitions, so they have their own block.
Onodrim Industries secures a Series A round of $300m led by Lux Capital at a valuation of $1.3bn. The platform intends to use the capital to acquire established companies from aviation, defence and industry.
First report 09/11/2026Source: Onodrim Industries B.V.
Cherry Ventures leads a €6m financing round in Marble Imaging. The Berlin start-up is building a constellation of high-resolution Earth observation satellites and an AI-based analytics platform.
First report 09/11/2026Source: startbase.de
The biotech start-up SRTD from Jülich raises €31.5m in a seed round. The round is led by Mérieux Equity Partners, with participation from the Boehringer Ingelheim Venture Fund, Lilly Ventures, the High-Tech Gründerfonds and NRW Bank.
First report 09/11/2026Source: trendingtopics.eu
LiCuSpace secures financing of €3m, led by the IBG funds Sachsen-Anhalt with €2m. The company develops LiDAR measurement systems with AI for wind energy and shipping, and existing shareholders such as the NORIS Group remain invested.
First report 10/11/2026Source: startbase.de