.jpg)
We are pleased to announce the successful exit of our majority investment in Nexis, a Regensburg-based provider of Identity and Access Management (IAM) and Identity Governance & Administration (IGA) software, to InfraVia Capital Partners and Tikehau Capital.
Over the past four years, we partnered closely with Nexis to establish it as a leader in the IAM and IGA market. Together, we more than tripled the company's ARR, doubled its headcount, and preserved a great profile throughout. During this period, we supported Nexis in growing its Identity Visibility & Intelligence Platform (IVIP), unifying IAM and GRC capabilities with AI-driven analytics, access governance, and compliance support. Nexis has positioned itself as a key player in its market, helping enterprises manage the exponentially growing complexity of digital identities at scale. The company's technology is recognized in the Gartner Hype Cycle for Digital Identity and the KuppingerCole Leadership Compass on Identity Governance and Administration, and is trusted by renowned organizations across various industries.
We would like to thank the entire Nexis team for their trust and outstanding collaboration over the past four years, and we wish them continued success with InfraVia.
"Together with Elvaston, we have significantly strengthened our platform, expanded our customer base, and sharpened our position as a leading player in Identity Governance. We are excited to continue this journey with InfraVia." said Dr. Heiko Klarl, CEO of Nexis.
"The past four years with Elvaston have been marked by a trusted and successful partnership. We are confident that the partnership with InfraVia will accelerate Nexis' international expansion and product innovation." said Dr. Michael Kunz, COO of Nexis.
We would also like to thank our advisors for their support throughout this process: Stephens (M&A Advisor), Morrison Foerster (Legal Advisor), Grant Thornton (Financial & Tax Advisor), Altman Solon (Commercial Advisor), and LIVA (W&I Broker).
ABOUT NEXIS
Nexis delivers the leading Identity Visibility and Intelligence Platform (IVIP), providing a unified view across the enterprise identity landscape for AI-driven analytics and real-time risk assessment, enabling automated remediation of identity security issues.
The NEXIS Platform’s zero-code design enables deployment in weeks through 180+ pre-configured governance templates. Organizations gain actionable AI-powered insights, automated access governance, and simplified role and policy management without lengthy implementation cycles. Beyond IAM, integrated GRC capabilities support enterprise-wide risk assessment, policy management, and third-party governance. Built-in compliance support for GDPR, NIS2, and DORA ensures regulatory readiness from day one, reducing both complexity and operational costs.
The NEXIS Platform is trusted by 130+ customers worldwide, including leaders in finance, insurance, manufacturing, and automotive. Organizations in regulated industries choose NEXIS for unified identity visibility, intelligence, and automated governance.
ABOUT ELVASTON
Elvaston Capital Management is an independent, entrepreneur-led private equity firm headquartered in Berlin, specialising in the B2B software segment in the DACH region and across Europe. Since its foundation, Elvaston has completed more than 160 acquisitions across 24+ platform companies and today manages assets of over EUR 3 billion, making it one of the most active software investors in Europe. The firm typically acquires majority stakes in established, profitable software businesses with recurring revenues and high barriers to entry, and supports them in succession situations, growth financings, carve-outs and buy-and-build strategies. As a long-term partner, Elvaston combines capital with deep sector expertise, working with management teams on strategy, add-on acquisitions and value creation. Through the Elvaston Academy, executives from across the portfolio share best practices and develop the next generation of software leaders.
ABOUT INFRAVIA CAPITAL PARTNERS
Founded in 2008, InfraVia is a leading independent private equity firm specialising in real assets—including infrastructure, critical metals and real estate—and technology investments. InfraVia is a conviction-driven investor focused on resilient businesses, partnering with management teams, entrepreneurs and industrial companies to develop their businesses and drive long-term value creation through active, hands-on asset management. Headquartered in Paris, InfraVia has a team of more than 100 professionals and is 100% partner-owned. InfraVia manages EUR 20 billion in capital (total amount of capital raised) and has invested in more than 50 companies across Europe.
ABOUT TIKEHAU CAPITAL
Tikehau Capital is a global alternative asset management group managing €53.5 billion of assets (as of 30 June 2026). The Group has developed a wide range of expertise across four asset classes: Credit, Real Assets, Private Equity, and Capital Markets Strategies. Capitalizing on its strong equity base (€3.2 billion as of 30 June 2026), Tikehau invests its own capital alongside its investor-clients. The Group is guided by a strong entrepreneurial spirit and DNA, shared by its 709 employees (as of 30 June 2026) across 17 offices in Europe, Asia, and North America.