With over 2,500 deals globally worth a total of $324 billion, technology-related M&A deals have by far been the most active sector in 2022.
Strengthening its technology-focused dealmaking team during a boom period for the sector, Madrid-based mid-market investment bank Alantra has acquired a minority stake in French boutique Avolta Partners.
With the deal, Alantra becomes Avolta's largest individual shareholder to further reinforce its global tech offering. The partnership will allow Avolta Partners to benefit from Alantra’s global network of highly specialised professionals and expertise in the private equity industry, while contributing with its unique tech expertise and leadership in Europe.
Founded eight years ago by Philippe Rodriguez, Patrick Robin, and Arthur Porré, Avolta specialises in high-growth technology companies in areas like fintech, as well as sectors such as Web3, blockchain and the metaverse. It has completed 80 deals worth more than €1 billion since it was founded in 2014.
Alantra’s investment banking division offers independent advice on M&A, debt advisory, financial restructuring, and capital markets transactions, having advised on over 475 deals for a total value of €70 billion in the last three years.
Franck Portais, managing partner, Alantra said: “Avolta’s position in the market is a perfect fit for broadening our technology sector services offering and footprint. We expect continued momentum in technology M&A and Alantra has a unique value proposition combining sector specialisation and global reach both in Europe and in the U.S."