Likely buyers · Data & Analytics in Netherlands.

1. EQT SponsorVery High79

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 RIMES Technologies, 2020 · Data & Analytics, UK

2. Nordic Capital SponsorVery High79

27 platform investments in Software & IT · 4 in Netherlands · 14 deals 2024–26

AUM €39.0B · Nordic Capital Fund XI · 2023 vintage · deploying · check €180M-1.4B

15 platform investments since the 2023 vintage · mid-deployment vs its usual 22 per fund.

Bought BMLL from ACF Investors, 2025 · Data & Analytics, UK

3. Apax Partners SponsorVery High79

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 Sedex, 2026 · Data & Analytics, UK

4. Apax Partners (with NewAlpha) SponsorVery High78

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 Sedex, 2026 · Data & Analytics, UK

5. Apax Partners and Inova Capital SponsorVery High78

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 Sedex, 2026 · Data & Analytics, UK

6. Apax Partners and JMI Equity SponsorVery High78

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 Sedex, 2026 · Data & Analytics, UK

7. Apax Partners SAS SponsorVery High78

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 Sedex, 2026 · Data & Analytics, UK

8. AFINUM Management GmbH SponsorVery High78

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

9. 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

10. BU Bregal Unternehmerkapital Multi-Asset Continuation Fund SponsorVery High77

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.

Bought Safety21 from BU Bregal Unternehmerkapital, 2026 · Software, Italy

11. GRO Capital SponsorVery High77

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 AIMMS, 2025 · Data & Analytics, Netherlands

12. Hg SponsorVery High76

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

13. Oakley Capital SponsorVery High76

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

14. Axcel SponsorVery High76

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 Bekk, 2026 · IT Services, Norway

15. Capital A Investment Partners SponsorVery High76

14 platform investments in Software & IT · 41 in Netherlands · 5 deals 2024–26

AUM €515M · Capital A Fund V · 2023 vintage · deploying · check €10-77M

12 platform investments since the 2023 vintage · mid-deployment vs its usual 22 per fund.

Backed Indicia, 2024 · Data & Analytics, Netherlands

16. Armira SponsorVery High76

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

AUM €5.0B · Armira III · 2025 vintage · deploying · check €20-150M

8 platform investments since the 2025 vintage · mid-deployment vs its usual 10 per fund.

Backed Meteomatics, 2025 · Data & Analytics, Switzerland

17. River Capital SponsorVery High76

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

AUM €153M · North West Private Equity Fund · 2023 vintage · deploying · check €0-2M

Accelerating: 7 deals in the last 2 years vs 1.8/yr before.

Backed HyperFinity, 2025 · Data & Analytics, UK

18. Isai Gestion SponsorVery High75

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 Hiboo, 2024 · Data & Analytics, France

19. Deutsche Beteiligungs SponsorVery High75

13 platform investments in Software & IT · 1 in Netherlands · 10 deals 2024–26

AUM €2.7B · DBAG Solvares Continuation Fund · 2024 vintage · deploying · check €3-20M

9 platform investments since the 2024 vintage · largely deployed vs its usual 8 per fund.

Backed Bug Bounty Switzerland, 2026 · Cybersecurity, Switzerland

20. YFM Equity Partners SponsorVery High75

26 platform investments in Software & IT · 23 deals 2024–26

AUM €878M · YFM Buyout Fund III · 2023 vintage · deploying · check €2-17M

32 platform investments since the 2023 vintage · largely deployed vs its usual 20 per fund.

Backed Integrum ESG, 2024 · Data & Analytics, UK

21. ECI Partners SponsorVery High75

13 platform investments in Software & IT · 1 in Netherlands · 10 deals 2024–26

AUM €2.8B · ECI 12 · 2023 vintage · deploying · check €23-176M

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

Bought Helio Intelligence from Bowmark Capital, 2026 · Data & Analytics, UK

22. Swanlaab Venture Factory SponsorVery High75

12 platform investments in Software & IT · 18 deals 2024–26

Swanlaab Innvierte Agrifood Tech · 2024 vintage · deploying

Accelerating: 15 deals in the last 2 years vs 1.3/yr before.

Backed Kompyte, 2019 · Data & Analytics, Spain

23. Inflexion SponsorVery High74

8 platform investments in Software & IT · 2 in Netherlands · 27 deals 2024–26

AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M

4 platform investments since the 2026 vintage · mid-deployment vs its usual 6 per fund.

Backed GlobalData Healthcare, 2024 · Data & Analytics, UK

24. Inflexion (Partnership Capital III) SponsorVery High74

8 platform investments in Software & IT · 2 in Netherlands · 25 deals 2024–26

AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M

Accelerating: 15 deals in the last 2 years vs 5.0/yr before.

Backed GlobalData Healthcare, 2024 · Data & Analytics, UK

25. Bowmark Capital SponsorVery High74

22 platform investments in Software & IT · 11 deals 2024–26

AUM €2.3B · Bowmark Capital Partners VII · 2024 vintage · deploying · check €21-158M

7 platform investments since the 2024 vintage · mid-deployment vs its usual 10 per fund.

Backed BCIS, 2026 · Data & Analytics, UK