Keensight Capital Takes Majority Stake in Adista from Equistone
June 15, 2021
Keensight Capital has signed an agreement to acquire a majority stake in Adista, the leading French alternative B2B hosted services operator, taking over Equistone Partners Europe as majority shareholder alongside FEF and Adista management. Adista — a French IT and telecom services provider with more than 720 employees and 35 branches, €153m in revenues for the 12 months to 31/12/2020 and a target of €300m by 2025 — will be supported by Keensight to accelerate organic growth and pursue external growth / capability expansion.
- Buyers
- Keensight Capital, FEF (Franco Emirati Fund)
- Targets
- Adista
- Sellers
- Equistone Partners Europe
- Industry
- IT Services
- Location
- France
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Keensight Capital to Back Combination of Adista and unyc
September 29, 2021
Cloud & SaaS
Keensight Capital will become the majority owner of a newly combined group bringing together French B2B cloud and communications operator Adista and indirect telecoms specialist unyc. The combined company — which will keep each brand operating separately — expects c.€220m revenue and ~900 employees in 2021 and targets €500m in revenues by 2025 to become a leading challenger in cloud and telecom services in France.
-
Adista Group (with Keensight Capital) Acquires Cyberprotect
September 6, 2022
Cybersecurity
The Adista Group, supported by majority shareholder Keensight Capital, has acquired Cyberprotect, a Lyon-based managed cybersecurity operator. Cyberprotect will become Adista’s dedicated cybersecurity subsidiary, adding its CyberproVerse SOC and managed security services to Adista's cloud, hosting and telecom offerings to serve SMEs, mid-caps and public-sector clients.
-
Keensight Capital Acquires Majority Stake in ACTICO Group from Bregal Unternehmerkapital Funds
March 13, 2025
Software
Keensight Capital has signed an agreement to acquire a majority stake in ACTICO Group, a Germany-headquartered provider of regulatory compliance, decision automation, and credit risk management software. Existing shareholder Bregal Unternehmerkapital Funds will partially exit and reinvest alongside Keensight; Keensight plans to support ACTICO's international expansion and product roadmap, with the deal expected to close in May 2025 subject to regulatory approvals.
-
Keensight Capital Acquires Majority Stake in Geodesial
September 30, 2019
Software
Keensight Capital has replaced CAPZA as the majority stakeholder in Geodesial, a French developer and distributor of CAD/CAE software for infrastructure professionals. Keensight plans to support Geodesial's organic growth and execute a buy-and-build strategy to expand the company's international footprint.
-
Adista Acquires Cyres
November 16, 2022
Cloud & SaaS
Adista Group, supported by its investor Keensight Capital, has acquired Cyres, a Tours-based cloud hosting and managed services provider. The deal adds Cyres' Tier III datacenter, DevOps, Microsoft Azure managed services and Big Data capabilities to Adista's multi-cloud and connectivity offering while strengthening its regional presence in France.
-
Keensight Capital Acquires Minority Stake in Advancis
November 26, 2024
Software
Keensight Capital has acquired a minority stake in Advancis Software & Services GmbH, a Germany-based developer of Physical Security Information Management (PSIM) software. The founders remain committed to the business and Keensight will support product development, strengthen commercial and marketing capabilities, and accelerate international expansion (notably North America and Asia).
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.