Atares news

In September 2025, 80 tech M&A transactions took place in the DACH region, with a total published volume of EUR 1,632 million. This total resulted from 10 individual transactions, while the amounts of the other transactions were not publicly disclosed. One of the most significant transactions was the sale of Cognigy for EUR 818 million.

Internal scaling is important – but not always sufficient. Companies looking to grow internationally as tech enterprises today should examine a growth strategy that's still vastly underestimated in Europe ...

In August 2025, 61 tech M&A transactions took place in the DACH region, with a total published volume of EUR 2,499 million. This total resulted from 8 individual transactions, while the amounts of the other transactions were not publicly disclosed. One of the most significant transactions was the sale of the Northern Data Group for EUR 1 billion.

atares, the digital M&A boutique for technology-driven companies, advised the shareholders of FLEXiCODE GmbH and FLEXiCODE Schweiz AG as exclusive M&A advisor on the sale to EOS Partners. The transaction marks the next step in the growth of the IFS specialist active in Germany and Switzerland and strengthens its leading position within the rapidly growing IFS ecosystem.

The German IT and industrial sector is changing rapidly. Two trends dominate: investments by private equity funds and strategic spin-offs from large corporations.

In June 2025 61 tech M&A transactions took place in the DACH region, with a total published volume of EUR 1,796 million. This total resulted from only 5 individual transactions, while the amounts of the other transactions were not publicly disclosed. One of the most significant transactions was the sale of Sky Deutschland to RTL Group.

Regulation has an image problem. It is often perceived as a brake on innovation - a pure cost factor that paralyzes companies. But this falls short. It is two things: an obligation and a potential. On the one hand, it presents all companies with operational challenges - such as ESG reporting obligations or data protection. On the other hand, it creates completely new business models that specifically appeal to investors - particularly in the M&A environment.

In May 2025 62 tech M&A transactions took place in the DACH region, with a total published volume of EUR 4,049 million. This total resulted from only 4 individual transactions, while the amounts of the other transactions were not publicly disclosed. One of the most significant transactions was the sale of Global Blue to Shift4 Payments.

Software and data are the modern shovels and tools of the gold rush, or rather the digitalization rush. No industry, no functional area can do without the optimization potential offered by digital helpers. At the same time, the demands on software providers are increasing: maximum performance, maximum security, end-to-end data permeability, optimal UX, AI-supported co-pilots, flexible billing models, location-independent availability - to name just the most important ones.

Data has long been more than just an IT topic - it is a business model. Companies that generate added economic value from their data grow faster, are more resilient - and achieve significantly higher valuations on the market. Data-driven business models are transforming entire industries: they create recurring revenue, new product logics and open up economies of scale beyond traditional production capacities.