Buyer landscape
Likely buyers · SaaS in Austria.
Prepared 2026-09-29 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 34 geographic expansion candidates without a local platform yet. A first round of the Tier 1 names plus the expansion buyers covers the demonstrated demand.
Financial buyers · 25
Tier 1 · Very High · score 70+
1. AFINUM Management GmbH SponsorVery High89
14 platform investments in Software & IT · 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 High88
49 platform investments in Software & IT · 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. Oakley Capital SponsorVery High85
15 platform investments in Software & IT · 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
4. BID Equity Continuation Fund I SCSp SponsorVery High85
23 platform investments in Software & IT · 15 deals 2024–26
AUM €800M · BID Equity Continuation Fund I · 2025 vintage · deploying · check €6-45M
Accelerating: 13 deals in the last 2 years vs 2.8/yr before.
Bought Bmobile from BID Equity, 2025 · SaaS, France
5. BU Bregal Unternehmerkapital Multi-Asset Continuation Fund SponsorVery High84
18 platform investments in Software & IT · 1 in Austria · 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
6. Oakley Capital, Eurazeo, Sagard NewGen (I-Tracing platform) SponsorVery High83
15 platform investments in Software & IT · 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
7. EQT SponsorVery High82
40 platform investments in Software & IT · 1 in Austria · 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
8. BID Equity SponsorVery High82
19 platform investments in Software & IT · 10 deals 2024–26
AUM €800M · BID Equity Continuation Fund I · 2025 vintage · deploying · check €6-45M
8 platform investments since the 2025 vintage · largely deployed vs its usual 7 per fund.
Backed Bmobile, 2025 · SaaS, France
9. BU Bregal Unternehmerkapital SponsorVery High81
17 platform investments in Software & IT · 1 in Austria · 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
10. Capmont SponsorVery High81
16 platform investments in Software & IT · 1 in Austria · 17 deals 2024–26
Capmont Technology Fund · 2024 vintage · deploying · check €2-15M
17 platform investments since the 2024 vintage · largely deployed vs its usual 15 per fund.
Backed Deeploi, 2025 · SaaS, Germany
11. GRO Capital SponsorVery High81
22 platform investments in Software & IT · 1 in Austria · 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
12. Maguar Capital SponsorVery High81
5 platform investments in Software & IT · 2 in Austria · 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
13. Apax Partners SponsorVery High80
35 platform investments in Software & IT · 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
14. Apax Partners (with NewAlpha) SponsorVery High80
30 platform investments in Software & IT · 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
15. Apax Partners and Inova Capital SponsorVery High80
29 platform investments in Software & IT · 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
16. Apax Partners and JMI Equity SponsorVery High80
29 platform investments in Software & IT · 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
17. Apax Partners SAS SponsorVery High80
29 platform investments in Software & IT · 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
18. Axcel SponsorVery High80
21 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
19. Maguar Capital Partners SponsorVery High80
4 platform investments in Software & IT · 2 in Austria · 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
20. Isai Gestion SponsorVery High79
61 platform investments in Software & IT · 32 deals 2024–26
AUM €458M · ISAI Expansion III · 2025 vintage · deploying · check €6-45M
25 platform investments since the 2025 vintage · largely deployed vs its usual 20 per fund.
Backed Synera, 2026 · SaaS, Germany
21. TeamSystem PE-backedVery High79
86 acquisitions in Software & IT · 28 deals 2024–26
Added on DIA Yazilim, 2026 · SaaS, Turkey
22. Deutsche Beteiligungs SponsorVery High79
13 platform investments in Software & IT · 3 in Austria · 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
23. Swanlaab Venture Factory SponsorVery High79
12 platform investments in Software & IT · 1 in Austria · 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 Flowww, 2025 · SaaS, Spain
24. Kester Capital SponsorVery High79
7 platform investments in Software & IT · 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
25. EOS Partners SponsorVery High79
4 platform investments in Software & IT · 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
Scores and facts derive from verified deal records only; sample floors and thresholds are published on the methodology page. Figures marked with a tilde are bands, not disclosures.