Announced

Carlyle to acquire a majority stake in Adastra.

Synopsis

Carlyle, an American multinational private equity, alternative asset management, and financial services corporation, agreed to acquire a majority stake in Adastra, a global IT consultancy and services provider specializing in data, cloud and AI transformations. Financial terms were not disclosed. “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 capitalise 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, Adastra CEO and Pavel Kysela, Adastra COO.

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MergerLinks - Carlyle to acquire a majority stake in Adastra.