SWI Stoneweg Icona Group (SWI) Agrees to Acquire Additional Interests in US Data Center Company for $330M

PHINIA Acquires stoba Group

June 30, 2026

Manufacturing

PHINIA entered into a definitive agreement to acquire 100% of the equity interests of the stoba Group on June 30, 2026; the acquisition was completed on October 1, 2026. The deal adds stoba’s high-precision engineering and advanced manufacturing capabilities to PHINIA, broadening its reach across automotive, industrial, semiconductor, and aerospace and defense markets while strengthening supply chain resilience.

SWI Group Acquires Additional Stake in Genesis Digital Assets (GDA) and Agrees Majority Stake in Polarise

June 15, 2026

IT Services

SWI Group announced a binding agreement to acquire an additional stake in Genesis Digital Assets Limited (GDA), a U.S.-focused digital infrastructure platform with 1.3 GW of energized and approved grid connections, bringing SWI to a majority position. The company also agreed to acquire a majority stake in Polarise, an NVIDIA-aligned AI/HPC digital infrastructure provider in Germany, supporting SWI’s push to reposition assets toward AI workloads and expand combined transatlantic capacity to 3.6 GW.

SWI Group Capital Increase to Partially Fund Purchase of Stake in US Data Center Company (TargetCo)

March 20, 2026

Data & Analytics

SWI Group (via SWI Capital Holding Ltd.) secured a €260 million private placement to help finance an earlier announced acquisition of a significant stake in a US data center company (“TargetCo”). The placement is structured as ordinary share issuances to SWI’s founder/majority shareholder, Max-Hervé George, and co-investor Aliya Fund Limited (AFL), with proceeds also earmarked for general corporate purposes.

Deutsche Börse Group Acquires General Atlantic's Remaining Stake in ISS STOXX

February 13, 2026

Data & Analytics

Deutsche Börse Group agreed to acquire General Atlantic’s remaining 20% minority stake in ISS STOXX for approximately €1.1 billion, payable in two tranches in Feb–Mar 2026. The buyout gives Deutsche Börse full ownership of the data, analytics and index business, intended to increase operational agility and simplify execution of its growth strategy within the group.

Icona Capital and Stoneweg Form SWI Group and Complete Acquisition of Cromwell's European Platform

March 25, 2025

Real Estate

Icona Capital and Stoneweg have combined operations under the newly formed SWI Group, which will manage more than €10 billion in assets and employ over 350 professionals across 25–26 offices. The firms (now operating as SWI Group) also completed the €280 million acquisition of Cromwell Property Group’s European funds management platform and associated co-investments (including a 27.8% interest in Cromwell European REIT), providing immediate scale, product diversification and greater institutional appeal.

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.