The First Half in Focus
Lumine H1 Review 2026
INTRODUCTION
A Look at H1
MESSAGE FROM OUR CEO
David Nyland
CEO, Lumine Group
In his mid-year message, Lumine Group Founder and CEO David Nyland writes about what shaped the first half of the year.
M&A Activity
Deepening our presence in the media supply chain domain
Imagine Communications provides software for broadcast operations and advertising management. Its AI-powered Landmark™ Sales platform helps broadcasters optimize ad inventory and revenue.
Quortex is Lumine’s 16th corporate carve-out, acquired from Synamedia. Quortex specializes in video processing and delivery across cloud, on-premise, and hybrid environments for broadcasters, telcos, and streaming providers.
Our first acquisition of a public company
Synchronoss Technologies provides personal cloud software for global communications providers. This marks Lumine’s first acquisition of a public company and a second transaction with Synchronoss, building on a successful 2023 carve-out.
“Lumine Group delivered a strong first half of the year. In the first quarter, we achieved our highest organic growth performance, pre-FX, for the past three years. MWC was another highlight, where the Lumine Pavilion brought together over 20 portfolio companies to support over 400 customer meetings. We completed three acquisitions across both Communications and Media, while onboarding new employees globally. In addition we hosted our 3rd Impact CEO Summit, focused on AI. Our leaders left with 28 new go-to-market product initiatives, and identified more than 600 real-world, AI augmentation use cases across portfolio companies. Through our playbooks and continued investment in our products, it has been incredible to see our companies innovate and evolve over these last six months. We remain committed to driving sustainable long-term value for shareholders and customers.“
Tony Garcia, COO, Lumine Group
NEWS & HIGHLIGHTS
Portfolio Momentum
Across the ecosystem, Lumine companies continued to grow, securing new customers, earning industry recognition, launching AI innovations, and expanding technology deployments that support millions worldwide.
Click the below stories to read more.
Synchronoss expanded its reach in Asia through a new agreement with Globe Telecom, bringing its Personal Cloud platform to more than 54 million subscribers in the Philippines.
At Roland-Garros, Axyom.Core’s private 5G solution enabled immersive broadcast workflows and helped transform connectivity into a core production tool.
A leading Southeast Asian telecom provider selected Incognito to modernize its nationwide fiber network operations.
Lifecycle Software launches NEXUS® IQ at MWC: Telco-native AI turning event data into revenue journeys.
BEFORE & AFTER ACQUISITION
Leadership Perspectives on Acquisition
Why Relationships Matter in M&A
Businesses often focus on the transaction itself. But the strongest acquisition outcomes are built on trust, transparency, and conversations that begin well before a formal process.
Elliot Yunger
SVP, Corporate Development, Lumine Group
Laying the Groundwork
Most preparation that makes a sale go smoothly happens before a process formally begins, from financial documentation to the questions buyers will ask during diligence.
Mary Anne Lavellee
CFO, Lumine Group
After Acquisition
Take a look.
TIME WITH THE INDUSTRY
A look at the events shaping communications and media this half
Lumine’s Corporate Development team and portfolio companies have been around the globe this year, showing up at communications and media industry events spanning mobile infrastructure, broadcast, and fiber. Here’s where we’ve been and what’s to come in H2.
• NAB Show | Las Vegas, USA
The Themes That Shaped This Year’s Event
From Al moving into production workflows to cloud adoption in live broadcast, here’s what stood out in conversations across the show floor.
• MWC 2026 | Barcelona, Spain
How the Lumine ecosystem came to life at MWC
MWC brought together portfolio companies, industry peers, and prospective partners. A look at what the week looked like from inside the Lumine pavilion.
The Countdown to IBC is on
Attending IBC? Meet with Lumine to discuss long-term ownership options for media software businesses.
Other Upcoming Tradeshows
BRIGHTER FUTURES
Investing in Brighter Futures
Brighter Futures is Lumine’s platform for community impact, built on the belief that access to technology, education, and opportunity can open doors for people and communities.
In the first half of the year, this work continued through the Future Leaders in Business and Finance Scholarship, which supports students pursuing post-secondary education and recognizes emerging leaders for their academic promise, community involvement, and ambition.
We will be announcing scholarship winners in the coming weeks.
Learn more about our Brighter Futures Initiatives.
Future Leaders
The Future Leaders in Business & Technology Scholarship provides funding to students from underrepresented groups pursuing degrees in business or technology.
Strategic Giving
Through a 2025 donation to Renewed Computer Technology Ontario (RCTO), we are helping equip underserved communities with the technology needed to thrive.
Lifelong Learning
Through structured training programs, leadership development tracks, and hands-on mentorship, we empower employees to grow in their roles and prepare for future opportunities.
YOUR ROLE, YOUR JOURNEY
Discover Your Path
Founders & Entrepreneurs
We work with founders to support their vision and help define the next chapter for lasting success.
Corporate Development
Lumine is a proven, trusted partner for corporate carve-outs and divestitures with organizations that range in size, corporate structure, and geography.
M&A
Advisors
As an M&A Advisor, feel confident knowing that working with Lumine Group will provide long-term, sustainable growth for your clients.
Management Teams
Lumine has a team of industry experts that provide best practices, operational guidance, and capital to accelerate business growth.
STAY CONNECTED
The latest from Lumine Group
Thank you for reading the Mid-Year Review.
As we enter the second half of 2026, we remain focused on long-term growth, operational excellence and acquiring
great software businesses.
Stay informed about our acquisitions, portfolio companies and financial updates.