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EvoNext Holdings to merge with Ascend Sport Technology

RECENTLY ACQUIREDOct 12, 2026

Acquiring Company

EvoNext Holdings SA

Acquired Company

Ascend Sport Technology AG

SwitzerlandLucerneBiotechnologyFood and BeverageSports

Description

EvoNext Holdings SA and Ascend Sport Technology AG have signed a binding agreement for a statutory merger. Ascend will become publicly listed through this merger and the combined entity will operate under the name Ascend Sport Technology AG. The transaction is valued at CHF 500 million and is expected to be completed in the fourth quarter of 2026, pending approvals.

Company Information

Company

EvoNext Holdings SA

Location

Switzerland

About

EvoNext Holdings SA is a shell company listed on the SIX Swiss Exchange. It was previously involved in fermentation and biotechnology for the food and pharmaceutical industries. The company has shifted focus toward seeking strategic reverse merger opportunities. Currently, it has no operating business following a planned transfer to another entity.

Fundz sees it the moment EvoNext Holdings SA makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Ascend Sport Technology AG?

Ascend Sport Technology AG was acquired by EvoNext Holdings SA, based in Switzerland. The deal was reported on October 12, 2026. EvoNext Holdings SA is a shell company listed on the SIX Swiss Exchange. It was previously involved in fermentation and biotechnology for the food and pharmaceutical industries. EvoNext Holdings SA is privately held and operates in Biotechnology.

When did EvoNext Holdings SA acquire Ascend Sport Technology AG?

EvoNext Holdings SA's acquisition of Ascend Sport Technology AG was reported on October 12, 2026. EvoNext Holdings SA and Ascend Sport Technology AG have signed a binding agreement for a statutory merger. Ascend will become publicly listed through this merger and the combined entity will operate under the name Ascend Sport Technology AG. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ascend Sport Technology AG do?

Ascend Sport Technology AG is a Swiss sports technology holding company. It brings together businesses across the sports technology value chain. The company serves over 100 rightsholders and more than 500 brands and broadcasters globally. It is privately held, operating in Sports, and is based in Lucerne.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.