FLEX Capital Acquires Majority Stake in ComX

FLEX Capital Acquires Majority Stake in PROXORA

June 27, 2024

Software

FLEX Capital, an operational private equity fund focused on mid-sized software companies in the DACH region, has acquired a majority stake in PROXORA, a Munich-based provider of compliance management software. The investment will support PROXORA's growth and accelerate development and SaaS migration as the company expands its platform and team to become a leading European compliance software provider.

FLEX Capital Acquires Majority Stake in Nitrado (marbis GmbH)

February 4, 2021

Cloud & SaaS

FLEX Capital has acquired a majority stake in Nitrado (marbis GmbH), a Karlsruhe-based game server hosting and server software provider. The investment will support Nitrado's global expansion and strengthen its B2B software platform and cybersecurity (DDoS protection) capabilities.

Fremman Capital Acquires Majority Stake in connexta

March 27, 2024

IT Services

Fremman Capital has acquired a majority stake in Munich-headquartered IT services platform connexta from AURELIUS Wachstumskapital, with the company's management and sellers remaining as significant minority shareholders. H.I.G. WhiteHorse Europe provided a €90 million debt financing package to support the acquisition and connexta's planned buy-and-build expansion across the German SME market.

Thoma Bravo Acquires Majority Stake in Flexera

December 3, 2020

Software

Thoma Bravo has agreed to acquire a majority interest in Flexera, a Chicago-area software company that provides IT asset management and software monetization solutions. Existing investors TA Associates and the Ontario Teachers' Pension Plan will remain meaningful shareholders as Thoma Bravo partners with management to accelerate growth and expand Flexera's SaaS offerings such as Flexera One.

FLEX Capital Acquires Evo IT GmbH

October 7, 2025

Software

FLEX Capital has acquired Evo IT GmbH, a Vienna-headquartered custom software provider (brands Evolit and Evol.X) serving mobility, energy, public sector and industrial clients. Frankfurt-based investor VR Equitypartner, the majority shareholder since 2019, sold its stake while the founders remain partially invested and the existing management team will continue to lead the company as it pursues geographic expansion in Germany and capability growth (particularly AI).

Stellex Capital and Communify Acquire Fincentric from S&P Global

August 15, 2024

Data & Analytics

Stellex Capital Management, in partnership with Communify, has acquired Fincentric (formerly Markit On Demand/Markit Digital) from S&P Global. The deal is a divestiture by S&P Global; financial terms were not disclosed and local closings are expected to complete across certain jurisdictions through 2024 into H1 2025.