PIA Group (Equistone-backed) Acquires UDG United Digital Group from EQT

Unified Information Devices Acquires AEG Identifikationssysteme GmbH (AEG ID)

June 17, 2026

IT Services

Unified Information Devices, Inc. (UID) completed the acquisition of AEG Identifikationssysteme GmbH (AEG ID), including AEG ID’s headquarters in Ulm, Germany and manufacturing operations in the Czech Republic. The deal expands UID’s manufacturing capabilities and creates a unified platform to bring industrial RFID solutions and RFID-enabled asset intelligence to North America and Europe.

GI Partners to Acquire Digita Group

December 3, 2025

Infrastructure

GI Partners has agreed to acquire Digita Group, a leading independent tower and broadcast infrastructure company in the Nordics with nationwide portfolios across Finland and Iceland. The deal is expected to close in the first quarter of 2026, with Digita remaining an independent portfolio company as GI Partners scales its data center and IoT platforms.

MSQ Acquires United Digital Group (UDG)

November 14, 2024

Marketing & Advertising

MSQ has acquired United Digital Group (UDG), a €40m-revenue, 350-strong German digital customer experience agency, to build a pan‑European digital customer experience and tech powerhouse. The deal, which adds UDG's design, engineering and technical delivery capabilities to MSQ's global network, is part of MSQ's PE-backed growth strategy supported by One Equity Partners and LDC; UDG was previously part of PIA Group (owned by Equistone).

ECI Partners Acquires Independent Governance Group (IGG)

October 30, 2024

Professional Services

ECI Partners has acquired Independent Governance Group (IGG), the UK provider of professional pensions trusteeship and governance services; LDC has exited its majority stake but has reinvested alongside ECI. Crescent Capital's European Specialty Lending strategy led the debt financing to support the transaction. IGG employs more than 200 people, serves 386 pension schemes with around £324bn of assets and will pursue further organic growth and acquisitions under ECI's ownership.

Agital Acquires WDG (Web Development Group)

January 11, 2024

Marketing & Advertising

Agital, a PE-backed integrated marketing agency, has acquired WDG (Web Development Group), a Washington, D.C.-based web development and digital experience firm. The deal expands Agital's website development, UX design, migration/integration and full‑stack development capabilities to better serve its clients across nonprofit, higher education and retail end markets.

Blackstone Acquires International Data Group (IDG) for $1.3B

November 17, 2021

Data & Analytics

Blackstone’s private equity funds have completed the acquisition of International Data Group, Inc. (IDG) from Oriental Rainbow, LLC (a China Oceanwide subsidiary) for an enterprise value of $1.3 billion. IDG — which includes IDC and IDG Communications — provides market intelligence, data and technology-focused media; Blackstone said it will partner with IDG to expand product offerings and drive technology innovation.