M&A

Euvic buys out SOFTIQ in $16 million deal for full control

What's the deal? EuvicDealroom has a profile for this one. Try Dealroom → has acquired the remaining 75.51% of Polish IT and software development firm SOFTIQDealroom has a profile for this one. Try Dealroom → for US$15.2M (roughly $16 million), taking full ownership. The purchase, signed on September 29, 2026, closed via a contribution in kind tied to a capital increase, giving Euvic 100% of SOFTIQ's shares and voting rights.

Who's involved? Euvic, based in Gliwice, is a technology group offering IT services and digital solutions to corporate and institutional clients in Poland. SOFTIQ provides programming, implementation, and support services within the Euvic ecosystem.

Why now? The deal completes Euvic's consolidation of its capital group, folding SOFTIQ fully into its portfolio. The acquisition was cleared by the Office of Competition and Consumer Protection.

What's the endgame? Full ownership gives Euvic operational and strategic control over the subsidiary. It says the move should streamline group governance, coordinate investments, and improve resource allocation.

The signal: The buyout reflects continued consolidation in Poland's IT services market, as groups bring subsidiaries fully in-house to offer end-to-end technology solutions. For clients, it points toward more unified service under a single owner.

Read more: tipranks.com

Image credit: @boetter

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