London, United Kingdom – Technology Holdings, a global boutique investment banking firm with offices in North America, Europe and the Asia-Pacific is pleased to announce that it has acted as the exclusive financial advisor Decskill, one of the largest end-to-end IT outsourcing and business transformation solutions providers in Portugal and Spain, on its strategic sale to Astek.
Founded in 2014 and headquartered in Lisbon, Decskill is a leading IT outsourcing specialist offering a range of services, including managed IT solutions, custom software development, cloud integration, business process outsourcing (BPO), and agile development. Serving key sectors such as Energy, Finance, Telecommunications, and Industrials, Decskill has built a strong reputation for delivering innovative digital solutions. Its team of approximately 550 highly skilled consultants, operating across Portugal and Spain, will now join Astek, enhancing their local market presence and boosting their delivery capabilities to meet increasing demand for cutting-edge digital strategies.
Luís Fernandes and Luís Santos, co-founders of Decskill, commented, “Agility is essential in this sector because the digital transformation of companies is, above all, about their sustainability in the short and long term. We are excited about this alliance with Astek, a partner that shares our vision and commitment to innovation and excellence in clients service, ensuring their solidity in a fast-paced digital world. Astek’s resources and expertise, along with Decskill’s extensive knowledge of the Iberian market, will enable greater scalability for both companies.”
Pablo Jorge, Associate Director, Southern Europe at Technology Holdings, added, “We are thrilled with the successful outcome achieved for Decskill and Astek, and we extend our best wishes to both as they embark on their next chapter. This marks our 9th transaction in Southern Europe and our 2nd in Portugal, highlighting the increasing demand from enterprise customers for comprehensive technology solutions that meet the evolving needs of the customers.”
Vivek Subramanyam, Founder and CEO of Technology Holdings, said, “We are excited to have closed this key transaction with Astek – our 46th Digital Transformation 22nd BPO deal globally. The transaction highlights Technology Holdings’ extensive expertise and proven capabilities in the Digital Transformation, IT Outsourcing & BPO sectors. We wish Decskill every success in their strategic partnership with Astek.”
Find out more about this transaction here.