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.
Founder, Nubalia Cloud Computing, S.L.
Talk to the deal team
José Antonio Martín de los Santos
Driv Kapital enters into partnership with renowned specialized IT consultancies SOCO, Gnist and Forse
Driv Kapital Fund I has acquired 38% of the shares in the newly established group consisting of Soco Norge AS (SOCO), Gnist Consulting AS (Gnist), Forse.NET AS (Forse.NET) and Forse Mobil AS (Forse Mobil). The companies’ founders, management and employees will own the remaining 62%. The partnership involves the creation of a new parent company which will have 100% ownership in all the companies, which until now have been owned by their founders and employees.Learn more
ATG Europe has sold a majority stake to Pauwels Consulting
ATG Europe, a pan-European provider of high-end professional consulting, IT and engineering services for the space and nuclear fusion domains, has agreed to sell a majority stake to Pauwels Consulting, a prominent player in science and technology consulting.Learn more
Hay House has been acquired by Penguin Random House
Hay House, a leading independent book publisher with renowned expertise in the mind-body-spirit, self-help, and health and wellness space, has been acquired by Penguin Random House, the world’s largest trade book publisher. Currently a client of Penguin Random House Publisher Services (PRHPS), Hay House will now be able to further leverage the resources and gold-standard capabilities of the world’s largest trade book publisher to reach even more audiences and further elevate its authors.Learn more