GTO and Kartesia completed the acquisition of Smarttech from Ayesa.

GTO, a private equity firm, and Kartesia, a provider of long-term liquidity and credit solutions, completed the acquisition of Smarttech, a technology company, from Ayesa, a provider of technology and engineering services. Financial terms were not disclosed. “Smarttech’s current market positioning, well-regarded product offering and growth potential make it the ideal asset to invest in. We look forward to working closely with GTO and the management team to deliver continued growth and profitability for Smarttech moving forwards,” Guillermo Ferré, Kartesia Head of Spain & Italy.