Traxys Group Acquires Carbomax AB via Comax 2 AB Holding Company

FLEX Capital Acquires Majority Stake in ComX

September 1, 2022

Cloud & SaaS

FLEX Capital has acquired a majority stake in ComX, a Berlin- and Cape Town-based B2B sales enablement SaaS provider founded in 2018. FLEX Capital will support product innovation and the professionalisation of ComX’s management and operations to accelerate international growth and scale the business globally.

Luxid Group Acquires TriComB2B

August 7, 2025

Marketing & Advertising

Finland-based, private-equity-backed marketing group Luxid has acquired U.S.-based B2B agency TriComB2B to accelerate its U.S. expansion and strengthen its B2B marketing capabilities. TriComB2B’s principals will lead Luxid’s U.S. business, and the combined company now totals more than 160 employees (TriComB2B ~40 employees).

Telko Oy Acquires Swed Handling Group

April 29, 2024

Industrial Services

Finnish distributor Telko Oy has agreed to acquire the entire share capital of Sweden-based Swed Handling AB, including subsidiaries Kebelco AB, Kemiverken AB, Swed Handling Transport AB and associated CrossChem Sweden AB. The acquisition (subject to competition authority approval) will significantly strengthen Telko's chemicals business and make Sweden its largest market; Swed Handling Group employs about 95 people and has annual turnover of roughly EUR 60 million.

Tennaxia Acquires Traace

May 30, 2024

Cloud & SaaS

Tennaxia, a Marlin Equity Partners portfolio company, has acquired Traace, a Paris-based SaaS provider of carbon accounting and CSR solutions. The deal will merge Traace into Tennaxia to expand carbon accounting capabilities and create a stronger European sustainability software platform for middle-market and enterprise clients.

Modaxo Acquires CAMMAX Limited

August 20, 2024

Transportation

Modaxo Inc., a global technology organization focused on people transportation, has acquired CAMMAX Limited, a UK provider of self-service ticket vending machines, parking payment machines, and related services. CAMMAX will retain its brand and management while leveraging Modaxo's resources to expand its payment systems and service capabilities for transit and parking operators.

Wabtec Corporation Acquires Fanox and Kompozitum

November 12, 2024

Manufacturing

Wabtec Corporation announced the acquisition of Fanox and Kompozitum for a combined $110 million in cash to strengthen its Transit Business. The deals add protection-relay technology and carbon/graphite manufacturing capabilities to Wabtec’s pantograph and on-board systems, supporting capability expansion and expected accretive growth.