Thursday, September 21, 2023

PM, Cases&Lacambra counsel parts on two companies acquisition by Aire Networks del Mediterráneo

Pinsent Masons has advised Aire Networks del Mediterráneo, backed by Ardian, on the acquisition of Teradisk Consulting -advised by Cases&Lacambra- and Corellian Systems Security and Innovation, two Spanish companies engaged in MSP and Cybersecurity services


The Aire Group, owner of the telecommunications firm Aire Networks, has acquired Teradisk, a company specialising in managed services and cybersecurity based in Vilafranca del Penedés (Catalonia), according to Europa Press.

With this operation, the group expands its portfolio of cloud services in fields such as managed services, virtualisation and cybersecurity, which, in its opinion, “consolidates its leadership position in the cloud market”.

“The incorporation of Teradisk is part of the Aire Group’s strategy of incorporating companies that allow it to strengthen its positioning and create synergies in its portfolio of solutions. In this case, Teradisk will strengthen the group’s cloud and data centre division, Oasix,” the company added.

It will also complement the group’s cybersecurity division with its specialised SOC (security operations centre) and its “deep expertise in cybersecurity management and administration”.

The deal, which was backed by Ardian Buyout, marks the Aire group’s sixth integration in less than four years, following Unelink and Prored (2019), LCRcom (2020), Ar Telecom (2021) and Stackscale in 2022.

“Aire group’s organic and inorganic growth in recent years has led it to increase its network of more than 33,000 kilometres in the Iberian Peninsula, to create a pan-European network and to increase its offering in the ICT (information and communication technologies) ‘cloud’ sector,” the consortium added.

Founded in 2015, Teradisk is a Spanish company specialising in solutions dedicated to managed services (monitoring, data and dashboards, backups and disaster recovery, availability and concurrency), as well as cloud computing (architecture, consulting, private, public and hybrid cloud), cybersecurity and virtualisation systems, among others.

Teradisk’s 40 employees will become part of the Aire group, as will its customers, which are companies with cloud infrastructure needs, both public and private, and security. In that sense, the Spanish firm is focused on e-commerce platforms because of its “experience in infrastructure management”, according to the Aire group.

“This operation is great news that is part of our national and international growth strategy, which has been defined in recent years by the integration of companies that allow us to strengthen our commitment to customers, offering increasingly complete and customised technological solutions,” said the CEO of the Aire group, Raúl Aledo.

Meanwhile, Teradisk’s CEO, David Aguilar, stressed that they are “delighted” to “join forces” with the Aire Group.

Pinsent Masons’ Corporate team was led by partner Francisco Aldavero Bernalte, with the assistance of associates Irene Rodríguez Sanz and Juan Yago Hernández-Canut Cano. The Pinsent Masons Tax team was led by partner Gonzalo Gil Suárez with the assistance of associate Isabel Elena Wimmer. Partner Samuel González and associate Beatriz Moriones advised on the Employment aspects of the Transaction.

On the other hand, Cases&Lacambra acted as Legal and Tax leading counsel of the M&A transaction that entailed the sale of 100% of the shares of Teradisk Consulting SL  to Aire Networks (Grupo Aire).  The share purchase agreement was signed on 10 May 2023. Cases & Lacambra advised Sellers on M&A tax and legal matters.

Cases&Lacambra’s team formed by Corporate and M&A partner Lucas Palomar (top left) and associate Beatriz Tapia (bottom left), and Tax partner Jaume Perello (top right) and associate Lucca Giambiasi (bottom right).

- Advertisement -spot_img
- Advertisement -spot_img


Ecija guides Revel’s 115m financing round

The round, which consists of a €15 million equity investment and a €100 million structured financing, will allow them to accelerate our growth in...

Uría Menéndez advises DFDS on acquisition of FRS Iberia/Maroc

The international ferry company FRS, based in Flensburg, is disassociating itself from the subsidiary FRS Iberia/Maroc. In the future, the ferry lines between Spain...

BM counsels Portobello Capital on stake acquisition in Arenit

Baker McKenzie's Corporate M&A team has advised Portobello on its first direct investment in Germany: the acquisition of 27% of an industrial holding company...
- Advertisement -spot_img