Xpansiv Limited Acquires Evident Group Limited

Xpansiv Acquires APX to Expand Environmental Commodity Infrastructure

August 1, 2022

Energy

Xpansiv has completed the acquisition of APX, a provider of registry infrastructure for energy and environmental markets, integrating APX’s registry capabilities into Xpansiv’s market infrastructure for carbon, RECs, water and other environmental commodities. The deal was enabled in part by a $400 million strategic investment in Xpansiv led by Blackstone Energy Partners; advisers on the transaction included Perella Weinberg Partners for Xpansiv and Goldman Sachs for APX.

Wabtec Acquires Evident's Inspection Technologies Division

July 1, 2025

Industrial Services

Wabtec Corporation completed the acquisition of Evident's Inspection Technologies division (formerly part of Olympus' Scientific Solutions) for $1.78 billion, expanding Wabtec's Digital Intelligence business. The deal strengthens Wabtec's inspection and diagnostic capabilities (non-destructive testing, remote visual inspection, analytical instruments), broadens its end-markets (rail, mining, industrial) and is expected to be accretive to margins and EPS over time.

Blackstone Energy Partners Invests $400M in Xpansiv

July 6, 2022

Energy

Funds managed by Blackstone Energy Partners committed $400 million to lead a strategic growth investment in Xpansiv, the market-infrastructure platform for carbon and environmental commodities. The capital will help Xpansiv scale its exchange, product offerings and pursue further acquisitions to support global decarbonization efforts.

Evident Acquires Pramana, Inc.

November 7, 2025

Medical Devices

Evident has completed its acquisition of Pramana, Inc., a Cambridge-based developer of autonomous whole slide imaging systems for digital pathology. The deal brings Pramana's AI-powered imaging and workflow technology into Evident's microscopy and optical-imaging portfolio to accelerate digital pathology capabilities and broaden solutions for hospitals, research institutions, and laboratories.

Entrust Acquires Evidos

June 8, 2022

Cloud & SaaS

Entrust has acquired Netherlands-based Evidos, a cloud-based electronic signature and identity verification provider. The acquisition brings Evidos' ~35 employees, European customer base and e-signature technology into Entrust to expand its digital signing and ID verification capabilities globally; terms were not disclosed.

Bain Capital Private Equity Acquires Evident (formerly Olympus Scientific Solutions) from Olympus Corporation

August 29, 2022

Medical Devices

Bain Capital Private Equity has signed a definitive agreement to acquire Evident Corporation (formerly Olympus Scientific Solutions) from Olympus Corporation. Evident, a global manufacturer of microscopes, videoscopes and non-destructive testing equipment for life science and industrial markets, will operate as an independent company with Bain supporting expansion of digital products, workflow integration and automation; the deal was expected to close in Q1 2023 subject to regulatory approvals.