Global investment firm Carlyle has agreed to acquire IT consultancy Adastra in a move aimed at enhancing the company’s service offerings and accelerating its international growth.
According to a news release, Adastra specializes in data, cloud and AI transformation, helping enterprise clients, particularly in the financial services, insurance and automotive sectors, pinpoint strategies and implement tailored technology solutions.
The investment is backed by Carlyle Europe Technology Partners V and Carlyle Asia Partners Growth II. Carlyle, which manages more than $450 billion in assets, invests private capital across multiple business segments worldwide.
Rob Turner and Pavel Kysela of Adastra said the following in a statement: “With Carlyle’s deep experience and global network, we believe we can unlock a new phase of growth for the business and capitalize on the substantial opportunity in the global market.”
