Transaction

Clearwater advises ID Grup, S.A on its sale to Claranet, S.A

Transaction

ID Grup sold to Claranet

Sell-side

Undisclosed

Role

Adviser to ID Grup S.A on its sale to Claranet S.A

Sector

Tech & Tech Services

Region

Spain

Clearwater has advised ID Grup S.A, a leading company in the information technology sector, on its sale to Claranet, S.A.

Founded in 1990 and headquartered in Barcelona, Spain, ID Grup is an expert in infrastructure services offering cloud and data center, digital workplace, cybersecurity, networking, data and media services.

Claranet, founded in 1996, has a presence in ten countries and more than 2,200 employees. The business is one of the main providers of technology services, is a leader in Europe and an expert in managed hybrid cloud, public cloud management and Data Centre Outsourcing.

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The union of Claranet's strengths with ID Grup will allow us to enhance the value we offer to our clients in both the public and private sectors, combine skills and talent from our teams, as well as develop a broader portfolio of services, thus constituting Claranet as leading provider of ICT services, managed hybrid cloud and cybersecurity, where Claranet has extensive experience.

David Cuesta, Managing Director of Claranet in Spain
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Claranet has a strong organic growth and acquisitions strategy. We have reached a leadership position in cloud and cybersecurity in other countries and we have the ambition to do the same in an IT market as important as Spain.

António Miguel Ferreira, Chairman of the Board of Directors of Claranet Spain and member of the Executive Board of the Iberia & Latam Group

The integration of ID Grup in Claranet will allow the clients of both companies in Spain to have new capabilities, as well as extensive experience in the implementation and management of all types of ICT infrastructures both in on-premises, environments and in private cloud environments and ublic cloud, as well as in the field of cybersecurity. This integration will mean an increase in scale and will allow us to increase the pace of innovation, efficiency and quality to which our customers are accustomed.

Sergi Aguilar, CEO of ID Grup

Advisers

Transactions