Global law firm Clifford Chance has advised global investment firm Carlyle on the financing relating to the acquisition of a majority stake in Adastra Group SE (“Adastra”), a leading global IT consultancy and services provider specializing in data, cloud, and AI transformations, alongside its founders.
Founded in 2000 and headquartered in Prague, Czech Republic, and Toronto, Canada, Adastra serves its customers throughout the entire data, cloud, and AI journey by defining data and AI-driven strategies and subsequently delivering and implementing transformative solutions. It primarily serves enterprise clients and brings deep expertise in the financial services, insurance, automotive, manufacturing, TMT (technology, media, and telecom), retail, and professional services sectors.
In a partnership with Adastra’s founders, Carlyle will support the business in growing its leading data, cloud, and AI offerings, supporting existing and new customers, as well as expanding its international presence via organic investments and targeted M&A.
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