In this post we identify and analyse the most relevant acquisitions in the technology sector during the last month, June 2021. First, we will focus on global operations and, secondly, exclusively on the Spanish market.
The first of the acquisitions in the technology sector is Blackstone Group's purchase of QTS Reality Trust. The American investment firm announced on 7 June the purchase of all outstanding ordinary shares of the company, which specialises in Cloud ComputingQTS Reality Trust, worth USD 78 per share, or USD 10 billion in total including debt. This investment will support the growth and expansion of QTS and its future consolidation in the market. Read more
In this video you can learn more about Blackstone.
On 27 June Brookfield Business Partners announced the acquisition of Modulaire Group, a specialist in leasing services in the industrial, public and infrastructure sectors. The deal helps the investment firm's expansion into Europe, with Modulaire Group a leader in its field. It is expected to close later this year for $5 billion. Read more
Accenture made 6 acquisitions this month:
All of these acquisitions are focused on enhancing Accenture's engagement with its clients, improving the client experience as much as possible.
As explained in previous news, the acquisition of Holded by the Norwegian company Visma is an important operation for the Spanish market, as it involves a company with a large international presence and experience in the sector, such as the software company Visma. The transaction was carried out on 17 June for a value of 120 million euros. Read more
On June 28th Lleida.net, leading European company in the digital signature sector, acquires 100% from inDenova, a Valencian electronic signature solutions company, for 7.1 million euros. This is the first acquisition in Lleida.net's inorganic growth strategy. Read more
American Tower Corporation, after announcing in January the purchase of the telecommunications tower divisions of Telefónica subsidiary Telxius in Europe and Latin America, completed the first phase of the deal this month. This transaction, which allows the American company to enter the European market, represents an outlay of 6.2 billion euros. Read more
On 16 June, the takeover bid for 100% of the share capital of Solarpack, a Spanish photovoltaic expert, by the Swedish investment firm EQT was announced. The deal is worth 881 million euros. Read more
On 24 June 2021 Moonfish Capital Partners, a private equity fund controlled by ACON Investments, acquired a majority stake in the e-learning platform for healthcare professionals, Formación Alcalá. The financial details of the transaction have not been made public. ACON's objective is to strengthen its commitment to this market and to the education sector. Read more
On 16 June 2021 Seidor, a Spanish provider of integrated IT solutions, acquired a majority stake in NTS, a consultancy, development and integration firm specialising in the implementation of Salesforce solutions based in Bilbao. With this transaction, Seidor reinforces its strategic commitment to areas of high growth projection in the market in the short and medium term. Read more
On 1 July 2021 Telefónica acquired Altostratus, a strategic partner of Google Cloud in southern Europe, providing services to more than 300 customers in areas such as Big Data and Machine Learning. The amount has not been made public. This move is aimed at strengthening Telefónica's Cloud capabilities. Read more