On November 22, 2018, Ardian, a world-leading private investment house, announced that it has entered into exclusive negotiations with Dzeta Group, the investment firm, to acquire a share in Technology & Strategy (“T&S”), a European specialist in new technology consulting. Following the completion of the transaction, a number of managers from T&S will invest in the company.
Founded in 2008 and headquartered in Strasbourg, with strong French and German roots, T&S specializes in engineering, IT, digital and project management consulting in Europe, the United Kingdom and Southeast Asia, notably through its expertise in embedded systems. With 16 offices across six countries, T&S works closely with its clients to address a wide range of technological challenges. The Group has around 1,200 employees and operates in fast-growing niches in sectors such as automobile, healthcare, finance and luxury.
Latham & Watkins advises Ardian with a team in Paris led by Olivier du Mottay, partner, and Bénédicte Large Bremond, counsel, assisted by Elise Pozzobon on corporate aspects. Lionel Dechmann, partner, assisted by Aurélie Buchinet, advise on the financing aspects of the transaction.