Buyer landscape
Likely buyers · AdTech in Sweden.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 32 verified exits: 28% to sponsors, 47% to corporates and platforms, 25% via IPO. Route shift since 2020: sponsors 29% (was 24%), corporates and platforms 64% (was 67%), IPO 4% (was 9%) (sector-wide).
The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers. 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. Bridgepoint SponsorVery High88
53 platform investments in TMT & Media · 13 in Sweden · 43 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Bought Samy from Inveready Asset Management, 2025 · AdTech, Spain
2. Bridgepoint Development Capital SponsorVery High84
46 platform investments in TMT & Media · 16 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
3. Bridgepoint (52.5% majority stake) SponsorVery High84
45 platform investments in TMT & Media · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
4. Bridgepoint BE VII + General Atlantic SponsorVery High84
46 platform investments in TMT & Media · 13 in Sweden · 37 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
5. Bridgepoint Capital SponsorVery High84
45 platform investments in TMT & Media · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
6. Bridgepoint Capital Developpement SponsorVery High84
45 platform investments in TMT & Media · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
7. Bridgepoint Development Capital (with Paluel-Marmont Capital & LT Capital) SponsorVery High84
45 platform investments in TMT & Media · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Samy, 2025 · AdTech, Spain
8. IK Partners SponsorVery High78
31 platform investments in TMT & Media · 48 in Sweden · 52 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ascora, 2025 · TMT, Germany
9. EQT SponsorVery High77
25 platform investments in TMT & Media · 53 in Sweden · 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 Arium Networks, 2026 · Telecom, US
10. IK Partners (IK Small Cap III) SponsorVery High77
30 platform investments in TMT & Media · 46 in Sweden · 39 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ascora, 2025 · TMT, Germany
11. IK Partners / GIC / Keensight / Parquest / management SponsorVery High77
30 platform investments in TMT & Media · 46 in Sweden · 38 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Ascora, 2025 · TMT, Germany
12. Ardian SponsorVery High75
70 platform investments in TMT & Media · 8 in Sweden · 51 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Bought Jakala from The Equity Club, 2021 · AdTech, Italy
13. Ardian Clean Energy Evergreen Fund SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 44 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
14. Ardian Mid Cap Buyout SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
15. Ardian (Clean Energy Evergreen Fund) SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
16. Ardian (ex-AXA Private Equity) SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
17. Ardian / Crédit Agricole Assurances consortium SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
18. Ardian + Tikehau Capital + EMZ consortium (Bpifrance + Amundi + Siparex) SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
19. Ardian and Centerbridge Partners SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
20. Ardian and GoldenTree Asset Management SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
21. Ardian and Latour Capital SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
22. Ardian Expansion SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
23. Ardian Expansion (Fund V) SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
24. Ardian Semiconductor SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
25. Ardian Tikehau EMZ consortium SponsorVery High75
64 platform investments in TMT & Media · 8 in Sweden · 42 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fermax, 2026 · TMT, Spain
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.