AdAstra acquired by global investment firm Carlyle

Tuesday, Jul 22, 2025 10:30 am ET1min read

AdAstra acquired by global investment firm Carlyle

Global investment firm Carlyle (NASDAQ: CG) has agreed to acquire a majority stake in Adastra Group SE, a leading global IT consultancy and services provider specializing in data, cloud, and AI transformations. The acquisition, valued at approximately $400 million including debt, is expected to support Adastra's growth trajectory and expand its international presence [1].

Founded in 2000 and headquartered in Prague, Czech Republic, and Toronto, Canada, Adastra serves enterprise clients across various sectors, including financial services, insurance, automotive, manufacturing, TMT, retail, and professional services. The company has over 2,000 employees across several market-facing and global delivery centers [1].

Carlyle's investment will be funded jointly by Carlyle Europe Technology Partners V (CETP) and Carlyle Asia Partners Growth II (CAPG). This strategic move aligns with Carlyle's longstanding track record of investing in and scaling up leading IT services companies globally [1].

Adastra's founders, Rob Turner (CEO) and Pavel Kysela (COO), expressed their excitement about the partnership, stating that Carlyle's deep experience and global network can help unlock a new phase of growth for the business [1]. The founders will retain a significant minority stake and continue to lead the company.

The acquisition is part of a broader trend of sector consolidation in the enterprise software space, driven by the growing demand for AI, cloud, and data transformation services. Carlyle's investment in Adastra is seen as a strategic move to capitalize on this high-growth market, with the potential for significant value creation through organic growth and targeted M&A [2].

References:
[1] https://www.carlyle.com/media-room/news-release-archive/carlyle-agrees-acquire-adastra
[2] https://www.bloomberg.com/news/articles/2025-07-22/carlyle-is-said-to-acquire-it-firm-adastra-in-400-million-deal

AdAstra acquired by global investment firm Carlyle

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