Go to deals
TMT

Nubalia Cloud Computing has been acquired by Devoteam

The shareholders of Nubalia Cloud Computing S.L. have sold the company to Devoteam. With this transaction, Devoteam consolidates its position in Spain and supports Nubalia in the execution of an ambitious business plan.

Founded in 2010, Nubalia is a cloud consulting firm specialized in the Google environment. The company commercializes G Suite and Google Cloud Platform solutions to medium and large companies through a licensing model, as well as offering support and other complementary services. Nubalia is the leader in its segment in Spain and Portugal and has experienced 55% CAGR in the last five years.

Devoteam is a French IT consulting firm with more than 25 years of experience, focused on the segments of digital transformation, data and analytics, cybersecurity and cloud computing. It has a market capitalization of close to US$1.2 billion and presence in 18 countries.

Oaklins’ team in Spain acted as advisor to the seller in this transaction. The team in France introduced the buyer.

Service
M&A sell-side
Parties
“The entry of Devoteam consolidates Nubalia’s position as an authoritative cloud solutions provider in Europe, enabling it to compete with the big players in a market that is consolidating by leaps and bounds. Oaklins has led the process with great professionalism in the very difficult context of lockdown. I would like to highlight their methodology, agility and teamwork.”

Miguel Planas

Founder, Nubalia Cloud Computing, S.L.

Talk to the deal team

 José Antonio  Martín de los Santos

José Antonio Martín de los Santos

Partner
Madrid, Spain
Oaklins SOCIOS
 Laura  Satrústegui

Laura Satrústegui

Partner
Madrid, Spain
Oaklins SOCIOS
 Soufian  Mami

Soufian Mami

Associate
Paris, France
Oaklins France

Related deals

M80 Partners has acquired Luminis
Private Equity | TMT

M80 Partners has acquired Luminis

Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.

Learn more
The Digital Transformation Group has raised debt to acquire OnePLM
Private Equity | TMT

The Digital Transformation Group has raised debt to acquire OnePLM

The Digital Transformation Group, a portfolio company of Holland Capital, has raised debt to acquire OnePLM.

Learn more
Confirma Software has acquired Quick Systems
Private Equity | TMT

Confirma Software has acquired Quick Systems

Quick Systems AS has become part of Confirma Software, backed by Abry Partners.

Learn more