Likely buyers · SaaS in Netherlands.

1. AFINUM Management GmbH SponsorVery High89

14 platform investments in Software & IT · 1 in Netherlands · 9 deals 2024–26

AFINUM X Buyout (2026) · 2026 vintage · deploying · check €10-75M

2 platform investments since the 2026 vintage · early in deployment vs its usual 9 per fund.

Backed Fairbanks, 2026 · SaaS, Netherlands

2. Hg SponsorVery High87

48 platform investments in Software & IT · 1 in Netherlands · 22 deals 2024–26

AUM €69.0B · Hg Mercury 4 · 2023 vintage · deploying · check €48-360M

24 platform investments since the 2023 vintage · largely deployed vs its usual 8 per fund.

Backed OneStream, 2026 · SaaS, US

3. EQT SponsorVery High86

40 platform investments in Software & IT · 9 in Netherlands · 51 deals 2024–26

AUM €291.0B · EQT X · 2023 vintage · deploying · check €440M-3.3B

53 platform investments since the 2023 vintage · largely deployed vs its usual 11 per fund.

Backed Mews, 2026 · SaaS, Netherlands

4. Oakley Capital SponsorVery High84

15 platform investments in Software & IT · 1 in Netherlands · 20 deals 2024–26

AUM €12.7B · Oakley Capital Fund VI · 2025 vintage · deploying · check €90-675M

10 platform investments since the 2025 vintage · largely deployed vs its usual 6 per fund.

Bought Senef from Isatis Capital, 2026 · SaaS, France

5. Oakley Capital, Eurazeo, Sagard NewGen (I-Tracing platform) SponsorVery High82

15 platform investments in Software & IT · 1 in Netherlands · 19 deals 2024–26

AUM €12.7B · Oakley Capital Fund VI · 2025 vintage · deploying · check €90-675M

10 platform investments since the 2025 vintage · largely deployed vs its usual 6 per fund.

Backed Blinq, 2025 · SaaS, Australia

6. BU Bregal Unternehmerkapital Multi-Asset Continuation Fund SponsorVery High82

18 platform investments in Software & IT · 1 in Netherlands · 15 deals 2024–26

AUM €7.0B · BU Bregal Unternehmerkapital Multi-Asset Continuation Fund · 2026 vintage · deploying · check €16-122M

4 platform investments since the 2026 vintage · early in deployment vs its usual 9 per fund.

Backed SnelStart, 2025 · SaaS, Netherlands

7. Visma PE-backedHigh81

164 acquisitions in Software & IT · 45 in Netherlands · 55 deals 2024–26 · add-on program under General Atlantic / Hg

Platform held 6 yrs · likely exiting

Active in Netherlands since 2014.

Added on MaisMei, 2026 · SaaS, Brazil

8. Apax Partners SponsorVery High81

35 platform investments in Software & IT · 1 in Netherlands · 21 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed DLRdmv, 2025 · SaaS, US

9. BID Equity Continuation Fund I SCSp SponsorVery High81

12 platform investments in Software & IT · 1 in Netherlands · 9 deals 2024–26

AUM €800M · BID Equity Continuation Fund I · 2025 vintage · deploying · check €6-45M

Accelerating: 7 deals in the last 2 years vs 2.0/yr before.

Bought everii from BID Equity, 2025 · SaaS, Germany

10. Apax Partners (with NewAlpha) SponsorVery High80

30 platform investments in Software & IT · 1 in Netherlands · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed DLRdmv, 2025 · SaaS, US

11. Apax Partners and Inova Capital SponsorVery High80

29 platform investments in Software & IT · 1 in Netherlands · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed DLRdmv, 2025 · SaaS, US

12. Apax Partners and JMI Equity SponsorVery High80

29 platform investments in Software & IT · 1 in Netherlands · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed DLRdmv, 2025 · SaaS, US

13. Apax Partners SAS SponsorVery High80

29 platform investments in Software & IT · 1 in Netherlands · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed DLRdmv, 2025 · SaaS, US

14. Summa Equity SponsorVery High80

12 platform investments in Software & IT · 4 in Netherlands · 10 deals 2024–26

Summa Equity Fund III · 2022 vintage · partially deployed · check €46-345M

14 platform investments since the 2022 vintage · largely deployed vs its usual 9 per fund.

Bought Peoplesafe from ECI Partners, 2026 · SaaS, UK

15. Castik Capital SponsorVery High80

5 platform investments in Software & IT · 6 in Netherlands · 9 deals 2024–26

AUM €5.0B · EPIC III · 2024 vintage · deploying · check €40-300M

6 platform investments since the 2024 vintage · largely deployed vs its usual 5 per fund.

Bought Interact Intranet from Perwyn, 2025 · SaaS, UK

16. BU Bregal Unternehmerkapital SponsorVery High79

17 platform investments in Software & IT · 1 in Netherlands · 14 deals 2024–26

AUM €7.0B · BU Bregal Unternehmerkapital Multi-Asset Continuation Fund · 2026 vintage · deploying · check €16-122M

4 platform investments since the 2026 vintage · early in deployment vs its usual 9 per fund.

Backed SnelStart, 2025 · SaaS, Netherlands

17. GRO Capital SponsorVery High79

22 platform investments in Software & IT · 1 in Netherlands · 5 deals 2024–26

AUM €1.2B · GRO Generation I · 2024 vintage · deploying · check €3-23M

5 platform investments since the 2024 vintage · mid-deployment vs its usual 6 per fund.

Backed Toolsense, 2026 · SaaS, Austria

18. Kester Capital SponsorVery High79

7 platform investments in Software & IT · 1 in Netherlands · 7 deals 2024–26

Kester Capital IV · 2025 vintage · deploying · check €10-75M

3 platform investments since the 2025 vintage · mid-deployment vs its usual 5 per fund.

Backed Nutritics, 2026 · SaaS, Ireland

19. Maguar Capital SponsorVery High79

5 platform investments in Software & IT · 1 in Netherlands · 7 deals 2024–26

AUM €595M · Maguar Continuation Fund I · 2023 vintage · deploying · check €5-35M

7 platform investments since the 2023 vintage · largely deployed vs its usual 4 per fund.

Backed Schlafender Hase, 2026 · SaaS, Germany

20. EOS Partners SponsorVery High79

4 platform investments in Software & IT · 1 in Netherlands · 4 deals 2024–26

AUM €500M · EOS Fund II · 2023 vintage · deploying · check €6-47M

4 platform investments since the 2023 vintage · mid-deployment vs its usual 7 per fund.

Backed Drooms, 2026 · SaaS, Germany

21. TeamSystem PE-backedVery High78

86 acquisitions in Software & IT · 28 deals 2024–26

Added on DIA Yazilim, 2026 · SaaS, Turkey

22. Axcel SponsorVery High78

20 platform investments in Software & IT · 14 deals 2024–26

Axcel VII · 2023 vintage · deploying · check €26-194M

15 platform investments since the 2023 vintage · largely deployed vs its usual 9 per fund.

Backed SuperOffice, 2025 · SaaS, Norway

23. Maguar Capital Partners SponsorVery High78

4 platform investments in Software & IT · 1 in Netherlands · 6 deals 2024–26

AUM €595M · Maguar Continuation Fund I · 2023 vintage · deploying · check €5-35M

7 platform investments since the 2023 vintage · largely deployed vs its usual 4 per fund.

Backed Schlafender Hase, 2026 · SaaS, Germany

24. Waterland Private Equity SponsorVery High77

18 platform investments in Software & IT · 56 in Netherlands · 39 deals 2024–26

Waterland Private Equity Fund IX (WPEF IX) · 2023 vintage · deploying · check €70-525M

48 platform investments since the 2023 vintage · largely deployed vs its usual 19 per fund.

Backed Netconomy, 2025 · IT Services, Austria

25. Isai Gestion SponsorVery High77

61 platform investments in Software & IT · 30 deals 2024–26

AUM €458M · ISAI Expansion III · 2025 vintage · deploying · check €6-45M

23 platform investments since the 2025 vintage · largely deployed vs its usual 20 per fund.

Backed Synera, 2026 · SaaS, Germany