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.

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

Thibaut de Monclin

Managing Partner
Paris, France
Oaklins France

Laura Satrústegui

Partner
Madrid, Spain
Oaklins SOCIOS

Related deals

Outsource Management Services has been acquired by IMI Supply Chain Solutions
Logistics | TMT

Outsource Management Services has been acquired by IMI Supply Chain Solutions

UK logistics software provider Outsource Management Services (OMS) has been acquired by IMI Supply Chain Solutions, a Sweden-based provider of supply chain management software solutions.

Learn more
Comunidad Feliz has been acquired by Visma
TMT

Comunidad Feliz has been acquired by Visma

Comunidad Feliz has been acquired by Visma. The transaction involved the sale of 100% of the company, with 55% of the shares transferred at closing and the remaining shares to be sold through deferred payments, contingent on Comunidad Feliz’s future performance. This structure aims to align incentives around the company’s continued growth and expansion, ensuring a change of control that reflects Comunidad Feliz’s long-term vision and expectations.

Learn more
Mirror Mirror has been acquired by Ykone
TMT

Mirror Mirror has been acquired by Ykone

Mirror Mirror has been acquired by Ykone, enabling the company to accelerate its international expansion by leveraging Ykone’s commercial strength. At the same time, Ykone benefits from gaining in-house production capabilities and driving its move upmarket toward luxury clients. The transaction reflects a shared ambition to build a comprehensive global offering spanning influence, activation and production across Paris, Milan, the USA, Abu Dhabi, Dubai and other key markets.

Learn more