The Carlyle Group Inc. announced its agreement to acquire a majority stake in Adastra Group SE, a leading IT consultancy specializing in AI, data, and cloud transformations. As per the finance card above, Carlyle’s stock closed at $59.71, reflecting strong market confidence. The acquisition, pending regulatory approvals, aims to accelerate Adastra’s growth in the fast-evolving global market for AI-driven solutions.
Carlyle (NASDAQ: CG) to acquire majority stake in Adastra Group SE
Adastra, founded in 2000, specializes in AI, data, and cloud services
Deal valued at approximately $400M, including debt
Supports 2,000+ employees across North America, Europe, and Asia
Carlyle to fund via Europe Technology Partners V and Asia Partners Growth II
Clients include Audi, Volkswagen, AstraZeneca, T-Mobile, and HSBC
Founded in 2000 and headquartered in Prague, Czech Republic, and Toronto, Canada, Adastra Group SE employs over 2,000 professionals, serving enterprise clients in financial services, automotive, manufacturing, TMT, healthcare, retail, and professional services. “This is an exciting and transformative step for Adastra,” said CEO Rob Turner and COO Pavel Kysela. “With Carlyle’s deep experience and global network, we believe we can unlock a new phase of growth for the business and capitalize on the substantial opportunity in the global market for AI, data, and cloud services.”
Carlyle, managing $453 billion in assets as of March 31, 2025, will fund the acquisition through its Carlyle Europe Technology Partners V (CETP) and Carlyle Asia Partners Growth II (CAPG) funds, leveraging its expertise in scaling IT services companies. The deal, estimated at $400 million including debt, positions Adastra to expand its data, cloud, and AI offerings through organic growth and targeted mergers and acquisitions.
Adastra’s data management platform drives revenue growth, enhances IT infrastructure, and improves customer experiences for high-profile clients like Audi, Volkswagen, AstraZeneca, T-Mobile, and HSBC. With $220 million in annual revenue reported in November 2023, Adastra’s expertise spans AI-driven strategies and transformative solutions across North America, Europe, and Asia.
Carlyle’s acquisition aligns with its focus on high-growth technology sectors. “We are pleased to partner with Adastra’s founders to back Rob, Pavel, and their team, who have built the company into a specialized, global data, cloud, and AI services leader,” said Vladimir Lasocki and Greg Zeluck, Co-Heads of CETP and CAPG, respectively. Carlyle’s global footprint and resources will support Adastra’s expansion in the rapidly growing market for data, analytics, and AI transformations.
The partnership retains Adastra’s founders—Jan Mrazek, Jan Červinka, and Petr Jech—with significant minority stakes, ensuring continuity and alignment. J.P. Morgan served as Adastra’s financial advisor.
Carlyle’s 127% revenue growth in the last twelve months and a market cap of $20.82 billion underscore its financial strength. InvestingPro analysis suggests Carlyle is slightly undervalued, with a “GOOD” financial health score, signaling confidence in its investment strategy. The acquisition enhances Carlyle’s tech portfolio, positioning Adastra to meet rising demand for AI and cloud services in a market projected to grow significantly.
This transformative deal marks a pivotal moment for Adastra, leveraging Carlyle’s resources to drive innovation and global expansion in AI-driven IT consultancy.
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $453 billion of assets under management as of March 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents.
Adastra is a global leader in AI and data-driven transformation, helping organizations lead with artificial intelligence responsibly, strategically, and at scale. With over 25 years of experience, Adastra empowers enterprise clients to unlock business value through data innovation, operational excellence, and smart customer engagement.
Trusted by some of the world’s most prominent brands, Adastra delivers end-to-end solutions grounded in thoughtful strategy, robust governance, and deep technical expertise. From defining vision to ensuring execution, Adastra guides organizations through every stage of their AI, data and cloud journey—building future-ready capabilities and delivering measurable, lasting impact.
Adastra serves clients across key industries including financial services, automotive, manufacturing, technology, media and telecom (TMT), healthcare, retail, and professional services. The company employs more than 2,000 professionals across several market facing and global delivery centres.
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