PSG EQUITY acquires CORILUS (2024)

Deal facts

Buyer: PSG EQUITY
Target: CORILUS
Deal value: Not disclosed
Announced: 2 September 2024
Status: In review
Sector: Technology
Country: Not stated
Consideration: Not stated

Sources

EU_DG_COMP

What we know

Weekly digest

Join Exit Mode Insider

Ten deal briefs a week, founder commentary, and the patterns worth paying attention to.

Join Exit Mode Insider, £12/mo

Deal timeline

1 update

24 Sept 2024CMA invitation to comment
PSG EQUITY / RIVEAN CAPITAL / CORILUS
PSG EQUITY / RIVEAN CAPITAL / CORILUS
EU DG COMP

OpinionExit Mode editorial

We see a significant signal in the announcement that PSG EQUITY has agreed to acquire CORILUS. This transaction, confirmed on 2 September 2024, places two technology entities under a single strategic umbrella. The deal remains in review, which is a standard but critical phase for any acquisition of this nature. For the SME founder watching from the sidelines, this moment highlights how the technology sector continues to consolidate even as broader economic conditions create uncertainty. The lack of a disclosed value or currency figure is not unusual at this stage, yet it underscores that the strategic fit often outweighs the headline number in the early days of negotiation.

The fact that the deal is currently in review suggests that regulatory clearance is likely the primary hurdle. In the UK and EU, technology acquisitions often trigger competition assessments, particularly if the combined entity holds a material share of a specific digital market. We must assume that the Competition and Markets Authority or a relevant EU body is scrutinising the transaction for potential anti-competitive effects. This is not a mere formality. Change-of-control covenants in the target company's existing contracts may also be under review, and the buyer will need to ensure that key customer agreements survive the transition without triggering termination clauses. The absence of a specified deal type in the public record leaves the mechanics open to interpretation, but the review status implies a thorough due diligence process is underway.

Our view is that the SME founder should treat this as a case study in patience and preparation. The path from announcement to completion is rarely linear, and the in_review status means that external stakeholders must wait for official confirmation before assuming the deal is done. The regulatory environment remains strict, and any failure to secure necessary approvals could see the transaction collapse or require significant structural changes. This is a reminder that a signed term sheet is not a guaranteed exit. The market is watching how PSG EQUITY navigates these potential regulatory and commercial friction points.

You should review your own customer contracts this week to identify any change-of-control clauses that could be triggered by a future sale. Do not wait for a buyer to point these out during due diligence, as they can derail a deal at the eleventh hour.

Editorial opinion. Not financial or legal advice.

Explore

Browse adjacent archives

Jump from this deal into the sector, buyer, deal type, and year views that carry the strongest contextual signal.

More Technology deals More 2024 deals More unknown deals More from PSG EQUITY All M&A deals

Similar deals

Other Technology M&A activity tracked by Exit Mode.

29 March 2026In reviewTechnology

SOFTBANK to acquire DIGITALBRIDGE

SoftBank has agreed to acquire DigitalBridge in a transaction announced on 29 March 2026. The deal involves entities operating across diverse sectors including construct…

Buyer: SOFTBANK
Target: DIGITALBRIDGE
Deal value: Not disclosed
Deal type: unknown

Read deal Technology deals unknown deals In review deals

21 January 2026In reviewTechnology

EMK CAPITAL MANAGEMENT LIMITED to acquire PROJECT INFORMATICA

EMK Capital Management Limited has agreed to acquire Project Informatica in a transaction announced on 21 January 2026. The target operates across information technology…

Buyer: EMK CAPITAL MANAGEMENT LIMITED
Target: PROJECT INFORMATICA
Deal value: Not disclosed
Deal type: unknown

Read deal Technology deals unknown deals In review deals

14 January 2026In reviewTechnology

CHEQUERS to acquire FREMMAN

CHEQUERS has agreed to acquire FREMMAN in a transaction announced on 14 January 2026. The target operates within the technology and manufacturing sectors, specifically c…

Buyer: CHEQUERS
Target: FREMMAN
Deal value: Not disclosed
Deal type: unknown

Read deal Technology deals unknown deals In review deals

12 January 2026In reviewTechnology

OEP IX to acquire DIGITAL VALUE

OEP IX has agreed to acquire DIGITAL VALUE in a transaction announced on 12 January 2026. The deal involves a company operating across multiple sectors including informa…

Buyer: OEP IX
Target: DIGITAL VALUE
Deal value: Not disclosed
Deal type: unknown

Read deal Technology deals unknown deals In review deals

5 January 2026In reviewTechnology

GOOGLE to acquire WIZ

Google has agreed to acquire Wiz in a transaction announced on 5 January 2026. The deal involves companies operating within the publishing and information technology sec…

Buyer: GOOGLE
Target: WIZ
Deal value: Not disclosed
Deal type: unknown

Read deal Technology deals unknown deals In review deals

Buyer history

PSG EQUITY

See every published Exit Mode archive entry where this buyer appears.

View buyer profile

Methodology

How this page is built

Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.

Back to the archive

PSG EQUITY to acquire CORILUS

Deal facts

Join Exit Mode Insider

Deal timeline

Browse adjacent archives

Similar deals

SOFTBANK to acquire DIGITALBRIDGE

EMK CAPITAL MANAGEMENT LIMITED to acquire PROJECT INFORMATICA

CHEQUERS to acquire FREMMAN

OEP IX to acquire DIGITAL VALUE

GOOGLE to acquire WIZ

PSG EQUITY

How this page is built