Acquisitions in Île-de-France, France

Integrity360 has acquired Paris-headquartered cybersecurity specialist Holiseum to accelerate its expansion into France and strengthen its Operational Technology (OT) and IoT security capabilities. Holiseum — founded in 2018 with a team of 32 and about 80 customers across energy, infrastructure, manufacturing and transport — will form a new Integrity360 services practice and regional hub in France; terms were not disclosed.

Outbrain agreed to acquire adtech video firm Teads from Altice for approximately $1 billion, combining Teads' video and branding capabilities with Outbrain's performance and content-recirculation platform. The combined company will offer an end-to-end, full-funnel advertising platform across the open web and connected TV to drive more measurable brand and ecommerce outcomes for marketers.

Revolve Group, Inc. acquired a majority stake in French haute couture house Alexandre Vauthier and will invest six million euros over three years into the brand. The Los Angeles–based retailer said it will contribute newly purchased assets to a new business entity as it seeks to expand into luxury couture following Vauthier's recent administration proceedings; financial terms beyond the investment schedule were not disclosed.

Funds advised by Elyan Partners (Edmond de Rothschild Private Equity) have acquired a majority stake in Stordata, a Versailles-based IT services and data management specialist. The acquisition was financed via a bespoke debt package arranged by H.I.G. WhiteHorse Europe with participation from Caisse d'Epargne et de Prévoyance Hauts de France to support Stordata's expansion and a buy-and-build strategy focused on cloud and cybersecurity.

Greif, Inc. has entered into exclusive negotiations to acquire IPACKCHEM Group SAS from an affiliate of SK Capital Partners in a cash transaction valued at $538 million. IPACKCHEM, headquartered in Paris with ~1,400 employees and LTM sales of ~$235 million (adjusted EBITDA ~$57 million), will expand Greif's capabilities in premium barrier and small plastic containers and support growth in EMEA and APAC.

L Catterton (via L Catterton Europe) has signed binding agreements to acquire a controlling interest in French apparel brand A.P.C., with founders Jean and Judith Touitou retaining a significant minority stake. Management continuity will be preserved and the partnership is intended to accelerate A.P.C.'s international expansion and digital development; terms were not disclosed and the deal is expected to close by the end of the quarter.

Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired Trace One, a Paris-based SaaS platform for the retail and consumer packaged goods (CPG) industry, from Hg. The deal (terms undisclosed) positions STG to accelerate Trace One’s organic growth and explore strategic acquisitions to expand its product and geographic footprint in the Retail/CPG software market.

IK Investment Partners' Small Cap II Fund has entered exclusive discussions to acquire a majority stake in French insurtech LSA from BlackFin Capital Partners. ISAI will take a minority stake alongside LSA CEO Bertrand Liber and management, with the deal aimed at supporting LSA's next phase of growth and product diversification across P&C insurance segments.

IN Groupe completed the acquisition of Surys on December 9, following an announcement made in August 2019. Surys is a France-headquartered provider of optical and opto-digital solutions for document security, authentication, and traceability used in identity documents and banknotes. The combination is intended to create a leading international player in security for identity and bank/cash payments.

SEGA Europe has acquired Paris-based developer Amplitude Studios, the creator of the Endless series, to strengthen SEGA's PC strategy-game portfolio. SEGA will publish Amplitude's upcoming Endless Space 2 and take over the studio's existing Endless titles as part of its broader expansion of PC strategy offerings.