Arma Partners is pleased to announce that it has acted as a financial advisor to Cloudreach, a portfolio company of Blackstone, on its sale to Atos.

Cloudreach is one of the world’s leading public cloud-native services companies, specialising in cloud application development, cloud modernisation and cloud migration, capitalising on its strong partnerships with AWS, Microsoft Azure and GCP. The company employs more than 600 highly skilled public cloud specialists. Cloudreach was founded in 2009 and is headquartered in London with additional offices in the US, Canada, the Netherlands, Germany, France, Switzerland and India.

Through this acquisition, Cloudreach’s strengths in consulting, public cloud transformation and building digital solutions for customers will be combined with Atos’s leadership in Hybrid Cloud, SAP HANA, Application Modernisation, Digital Workplace, Cybersecurity and IoT. The acquisition has a strong strategic fit with Atos’s existing business, notably in Northern Europe, and enhances the value of past acquisitions made in the same space as well as strengthening Atos’s global leadership position in delivering AWS solutions.

This transaction further demonstrates Arma Partners’ global leadership in advising the world’s leading public cloud and digital transformation companies. In the last 12 months Arma Partners has led sale processes for 5 of the world’s most significant public cloud service providers delivering exceptional outcomes for founders and shareholders.