M&A Deal Summary

The Carlyle Group Acquires Itconic

On May 5, 2015, private equity firm The Carlyle Group acquired information technology company Itconic from Telvent Git SA

Acquisition Highlights
  • This is The Carlyle Group’s 16th transaction in the Information Technology sector.
  • This is The Carlyle Group’s 7th transaction in Spain.
Investment Fate
  • Itconic was sold to a publicly-traded strategic buyer in 2017 for 215M EUR.

M&A Deal Summary

Date 2015-05-05
Target Itconic
Sector Information Technology
Buyer(s) The Carlyle Group
Sellers(s) Telvent Git SA
Deal Type Divestiture

Target

Itconic

Madrid, Spain
Itconic is an IT company with a global expertise in the management of neutral data centers, platforms and managed services. Itconic enables its customers to advance in their process of digital transformation, helping them to connect in the most efficient and flexible way to the rest of the world. Itconic was established in 2000 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 526 of 749
Sector: Information Technology M&A 16 of 39
Type: Divestiture M&A Deals 53 of 74
Country: Spain M&A 7 of 13
Year: 2015 M&A 16 of 41
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 Asia Satellite Telecommunications

Wanchai, China

Asia Satellite Telecommunications is a commercial operator of communication space satellites. Asia Satellite Telecommunications is based in Wanchai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 The Foundry Visionmongers

London, United Kingdom

The Foundry Visionmongers Ltd. is a provider of software technologies used to deliver visual effects and 3D content for the digital design, visualization, and entertainment industries. Foundry’s software is deeply embedded across the creative pipeline and is supported by a large ecosystem of users, trainers, and evangelists across the globe. The Foundry Visionmongers Ltd. was founded in 1996 and is based in London, United Kingdom.

Sell £200M

Seller(S) 1

SELLER

Telvent Git SA

Alcobendas, Spain

Category Company
Founded 1963
Sector Information Services
DESCRIPTION

Telvent Git SA is a highly-recognized software and IT solution provider of real-time management of smart infrastructures. It provides its customers with increased reliability and flexibility of power distribution networks as well as operational and energy efficiency of their infrastructures.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-03 Northern Lakes Data

Aurora, Colorado, United States

Northern Lakes Data Corp. is a provider of software services.

Buy -