Adastra Group, a global IT consultancy specializing in AI, data, and cloud services, announced Carlyle will acquire a majority stake, pending regulatory approvals.
Founded in 2000 with headquarters in Prague and Toronto, Adastra supports clients in AI, data, and cloud strategies, with expertise in finance, automotive, manufacturing, TMT, healthcare, retail, and professional services.
With over 2,000 employees across North America, Europe, and Asia, Carlyle aims to grow Adastra’s offerings and expand internationally through investments and M&A.
The equity will come from Carlyle’s CETP and CAPG funds, leveraging its extensive experience in scaling IT services companies globally.
KEY QUOTES:
“This is an exciting and transformative step for Adastra. 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 for AI, data, and cloud services. We would like to thank the team for all the hard work that has made Adastra the business it is today, and we look forward to this partnership with the Carlyle team.”
Rob Turner, CEO at Adastra, and Pavel Kysela, COO at Adastra
“We are pleased to partner with Adastra’s founders to back Rob, Pavel and their team, who together have built the company into a specialized, global data, cloud and AI services leader with a proven value proposition. In our view, there is a significant opportunity to expand Adastra’s presence in the large, fast-growing and attractive global market for data, analytics, cloud, and AI transformations. With Carlyle’s resources, global footprint, and deep experience in this space, we believe Adastra is well-positioned to further accelerate its growth trajectory through a combination of organic initiatives and M&A.”
Vladimir Lasocki, Co-Head of the CETP investment advisory team, and Greg Zeluck, Co-Head of the CAPG investment advisory team
