BTQ Technologies Completes Acquisition of QPerfect

BTQ Technologies Invests in Keypair to Co‑Develop Post‑Quantum Security IP

December 18, 2025

Cybersecurity

BTQ Technologies announced a strategic investment in Keypair, a Korean full‑stack security company, to co‑own Keypair's post‑quantum cryptography (PQC) intellectual property and jointly develop hardware‑rooted, infrastructure‑grade security solutions. The partnership expands BTQ's footprint in South Korea and leverages Keypair's deployments across defense, energy and financial services to accelerate commercial integration of BTQ's quantum‑safe security roadmap.

XTEL Acquires Perfect Category from Kantar Group

September 30, 2025

Software

Luxembourg-based SaaS revenue management provider XTEL has acquired Perfect Category, the category management and assortment analytics business formerly part of Kantar Group. The acquisition integrates Perfect Category's IP and AI-powered assortment analytics into XTEL's AI-first Revenue Management platform to expand capabilities for global CPG and retail customers.

BTX Precision (L Squared) Acquires High Tech Solutions LLC

August 20, 2025

Manufacturing

BTX Precision, a platform backed by L Squared Capital Partners, has acquired High Tech Solutions LLC (HTS), a Kansas City–area precision manufacturer of aerospace components. The add-on expands BTX's program diversity, geographic footprint and capabilities across aerospace and space end markets as BTX reaches its 10th acquisition since inception.

EQT Asia (BPEA Private Equity Fund VIII) Acquires Perficient

October 2, 2024

IT Services

EQT Asia, an affiliate of BPEA Private Equity Fund VIII, has completed its all-cash acquisition of Perficient, a global digital consultancy focused on transforming large enterprises. In connection with the closing on October 2, 2024, Perficient’s shares stopped trading on Nasdaq and the company became privately held.

Hexagon AB Acquires ETQ

February 25, 2022

Cloud & SaaS

Hexagon AB acquired ETQ, a Massachusetts-based provider of SaaS quality (QMS), EHS and compliance management software, for $1.2 billion in cash on a debt- and cash-free basis. ETQ—headquartered in Burlington, Massachusetts with ~185 employees and expected 2022 revenue of ~$75M—will join Hexagon’s Manufacturing Intelligence division to accelerate Hexagon’s cloud journey and expand its quality-management capabilities across manufacturing and regulated industries.

Keysight Technologies Acquires Quantum Benchmark

May 25, 2021

Software

Keysight Technologies acquired Quantum Benchmark, a Kitchener, Ontario–based developer of error diagnostics, suppression, and performance validation software for quantum computing. The purchase expands Keysight's quantum portfolio by adding capabilities to characterize and improve qubit performance for hardware makers and end-users, and Quantum Benchmark had been privately backed by VanEdge Capital and Quantonation.