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Acquisition | Technology consulting

LCG / Lisbon Consulting Group

Audensiel acquired a majority interest in Portuguese consulting and technology group LCG. Transaction adviser TH Global Capital describes the deal as closed and identifies Audensiel as backed by Sagard and CAPZA.

Announcement month: September 2026Reviewed 12 Oct 2026

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.

Evidence behind the record

Public sources

  1. 1. TH Global Capital: LCG majority acquisition

    September 2026

  2. 2. LCG: joining Audensiel and continuing leadership

    Public company announcement; reviewed 12 October 2026

Facts are attributed to the public sources above. The Portus view is our interpretation.

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