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

Darien S.p.A. has launched a voluntary public tender offer for NVP S.p.A.

TMT

Darien S.p.A. has launched a voluntary public tender offer for NVP S.p.A.

Darien S.p.A. has initiated a voluntary public tender offer for NVP S.p.A.

Learn more

SCLogic has been acquired by iLobby and rebranded as FacilityOS

TMT

SCLogic has been acquired by iLobby and rebranded as FacilityOS

The acquisition of SCLogic by iLobby, a portfolio company of Insight Partners, has been successfully completed. This strategic merger combines the strengths of both companies under the newly launched FacilityOS brand, enhancing industry leading delivery, logistics, tracking and other facility management capabilities across global enterprises.

Learn more

IO Investigación has acquired GESOP

TMT

IO Investigación has acquired GESOP

IO Investigación has acquired a 49% stake in GESOP. This transaction enables IO Investigación to enter the high-growth public administration sector and establish a presence in Catalonia, Spain, where it plans to expand operations and grow its client network in the coming years.

Learn more