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

Partner

Madrid, Spain
Oaklins SOCIOS

View profile Get in touch

Thibaut de Monclin

Managing Partner

Paris, France
Oaklins France

View profile Get in touch

Laura Satrústegui

Partner

Madrid, Spain
Oaklins SOCIOS

View profile Get in touch

Related deals

Middlecon has been acquired by Nion

TMT

Middlecon has been acquired by Nion

Middlecon has been acquired by Nion, a digital consultancy backed by Stella Capital. The acquisition strengthens Nion’s capabilities in data management and advanced analytics, enabling it to undertake larger and more complex data-driven initiatives for its customers. The partnership with Nion provides Middlecon with a strong foundation for continued growth and expansion.

Learn more

Presight Solutions has been acquired by Banyan Software

Energy | TMT

Presight Solutions has been acquired by Banyan Software

Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.

Learn more

Backspin has completed a mandatory public tender offer for the shares of Spindox

Private Equity | TMT

Backspin has completed a mandatory public tender offer for the shares of Spindox

Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.

Learn more