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Announced

Completed

Keensight Capital-backed Adista completed the acquisition of Cyres.

Synopsis

Keensight Capital-backed Adista, a hosted services operator, completed the acquisition of Cyres, a company supports companies in their IT projects thanks to its mastery of cloud environments. Financial terms were not disclosed. "With our converging vision and DNA being so aligned, there is no doubt that this project will be a success. This acquisition is a concrete example of an integration into a larger group, with the right people at the right time. It allows me to guarantee a smooth transition of the business within Adista and to ensure the development of the activities of CentralPay, the Electronic Money Institution which I have chaired since 2019," Guillaume Ponsard, Cyres President.

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