Global investment firm Carlyle has agreed to invest in SEIDOR, a technology services and solutions consultancy. Terms of the transaction were not disclosed.
Equity for the investment will be provided by Carlyle Europe Technology Partners V, a €3bn fund which invests in technology companies across Europe. Carlyle’s previous investments in European software companies include current portfolio companies GBTEC, SER Group, Shopware, CSS, 1E, Phrase and Hack The Box.
Founded in 1982, SEIDOR provides consulting, implementation and maintenance across AI, Microsoft Edge, customer & employee experience, data & cloud, cybersecurity and enterprise resource planning software. The company is headquartered in Barcelona and employs over 9,000.
Carlyle’s investment is intended to strengthen the management team, invest in product innovation and expansion, develop its partnerships, evolve the company’s go-to-market strategy and drive operational efficiency.
Fernando Chueca, Partner in CETP’s investment advisory team, commented: “This transaction is an attractive opportunity to support a Spanish leader in the digital transformation sector. We believe that SEIDOR has a strong competitive position in key markets like Spain, as well as significant growth potential in other major European economies and North America. Through our partnership, we intend to support SEIDOR’s development into a global technology champion competing in the world’s highest value software markets, delivering value for all its current and future stakeholders.”
Carlyle has $435bn of AUM as of 30 June.
