Adista Group, with the support of Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout[1] investments, announces its acquisition of Cyrès. Located in Tours, Cyrès supports companies in migrating their IT projects to the cloud. With this new acquisition, Adista strengthens its position as the number one alternative B2B cloud and connectivity operator in France and acquires DevOps and Big Data skills.

[1] Growth Buyout: investment in profitable, private companies experiencing strong growth, in minority or majority positions, with or without leverage, using a flexible approach tailored to the needs of individual entrepreneurs, in order to finance organic growth projects, acquisition strategies or provide historic shareholders with liquidity.

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