Carlyle Group logo on one of its headquarters.Issei Kato (REUTERS)The American fund Carlyle has closed the purchase of 60% of the Catalan technology consultancy Seidor, thus becoming the majority shareholder while the remaining 40% remains in the hands of the current shareholders, the Benito family. The operation, which was confirmed on Tuesday after weeks of negotiations, is part of the Catalan company's commitment to bolster its growth plans globally, with a special focus on Spain, Europe and the United States, Seidor reported in a statement collected by Efe. Seidor, which is based in Vic (Barcelona), had a turnover of 894 million euros in 2023, 19% more than the previous year, and has announced that it expects to exceed 1,000 million in 2024. With this transaction, the company assures that it has «additional capacities to carry out a growth and consolidation plan in international markets», as well as to undertake, in Founded in 1982 by brothers Santiago and Andreu Benito, the company has had sustained double-digit growth over the past 15 years, during which time it has made numerous acquisitions, such as those made last year in Italy, where it acquired GunPowder and ECA Consult. The current CEO of Seidor, Josep Benito, will become executive president and the consultancy firm will maintain its headquarters in Vic. The operation is specifically designed to accelerate growth in Spain, where it carries out its main activity, as well as in the US and in Western European countries, such as Italy, France, Germany, the United Kingdom and Ireland, and in the Nordic countries. The company will also consolidate its position in the rest of the 45 countries where it currently operates, in LATAM, the Middle East and Africa. The technology firm also seeks to continue its process of diversification and reinforcement of key solutions, such as Artificial Intelligence (AI), Customer Experience, Cloud, Cybersecurity and ERP. The new executive president, Josep Benito stressed that the entry of the US fund “demonstrates the market’s confidence in our strategy.” “Carlyle brings us not only the financial capacity to accelerate our growth, but also the experience and good business management practices that have led other large companies to success,” he said. The capital for the investment will be provided by Carlyle Europe Technology Partners (“CETP”) V, a €3 billion fund that invests in technology companies throughout Europe. In a statement, the partner of CETP’s investment advisory team, Fernando Chueca, said that this transaction “is an attractive opportunity to support a Spanish leader in the digital transformation sector.” “Through our partnership, we intend to support Seidor’s development to turn it into a global technology champion, competing in the world’s most valuable software markets and generating value for all its current and future stakeholders,” he stressed. Follow all the information from Cinco Días on Facebook, Twitter, Instagram, Pinterest, LinkedIn, WhatsApp and Telegram. X and Linkedin, or in our newsletter Agenda de Cinco Días
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