The transaction
What happened
French digital-transformation group Audensiel has acquired a majority interest in Lisbon Consulting Group. TH Global Capital describes the transaction as closed and identifies Sagard and CAPZA as Audensiel's backers. The purchase price and exact acquired percentage are undisclosed. 1
LCG was founded in 2009 and has approximately 250 professionals. Its work spans business consulting, applications, data and AI, application modernisation, cybersecurity and cloud. TH identifies expertise across Microsoft, AWS, SAP and Google Cloud. Its Portuguese delivery centres add to the buyer's Iberian and European footprint. 1
LCG's current leadership will remain in place. Its public announcement identifies Pedro Rebelo and Tiago Romeiras as continuing to lead the business. TH Global Capital acted as its exclusive financial adviser and reports completion in September; the exact closing day and acquired percentage were not disclosed. 1, 2
What to watch
Integration, cross-border project wins and any further platform acquisitions.