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Highlights

  • Carlyle will acquire a majority stake in Adastra Group, pending standard regulatory approvals.
  • The investment will be funded through Carlyle Europe Technology Partners V and Carlyle Asia Partners Growth II.
  • Adastra operates with over 2,000 employees across North America, Europe, and Asia.

Global investment firm Carlyle (NASDAQ: CG) has agreed to acquire a majority stake in Adastra Group SE, a multinational IT consultancy focused on artificial intelligence, data, and cloud transformation services. The transaction, which remains subject to regulatory approvals across several jurisdictions, marks Carlyle’s latest move in the global technology services sector.

Adastra was founded in 2000 and maintains dual headquarters in Prague, Czech Republic and Toronto, Canada. The company supports enterprise clients in sectors including financial services, automotive, manufacturing, healthcare, technology, media, and telecommunications. Its workforce of over 2,000 professionals delivers solutions across North America, Europe, and Asia.

As part of the transaction, equity for the investment will be jointly provided by Carlyle Europe Technology Partners V (CETP) and Carlyle Asia Partners Growth II (CAPG). The CETP fund focuses on investments in technology companies across Europe, while CAPG supports high-growth businesses in Asia. Carlyle plans to use its operational resources and global footprint to expand Adastra’s presence through both organic initiatives and targeted acquisitions.

The partnership with Adastra’s founding team is expected to help the firm enhance its service delivery, scale operations, and broaden market reach. While financial terms of the transaction were not disclosed, the deal aligns with Carlyle’s stated interest in data, analytics, and cloud services – areas that remain central to enterprise digital transformation efforts.

Carlyle had USD 453 billion in assets under management as of March 31, 2025. The firm operates in 29 offices across four continents, with investments spanning private equity, credit, and AlpInvest solutions.