Natixis Partners advised the shareholders of Astek on ICG’s investment in the Group

Founded in France in 1988, Astek is a global player in engineering and technology consulting. Drawing on its expertise in a wide range of high-stakes, high-growth segments such as AI, cybersecurity and cloud, Astek supports its international clients in the deployment of their products and services as well as in implementing their digital transformation. Astek welcomes ICG, a long-term investor and strategic partner, which provides 110 million euros in financing to the Group. Since inception, Astek has grown by capitalizing on a strong culture of entrepreneurship and innovation, and on the expertise and commitment of its 8,400 employees. With revenue in excess of 600 million euros (pro-forma of the acquisitions of the year), the Group has recorded over 20% growth in 2023, highlighting a dynamic organic development as well as the contribution of new expertise and geographies resulting from external growth. This transaction strengthens Astek's financial resources, enabling the Group to pursue its growth ambitions and its active strategy of targeted acquisitions. In this context, Astek has also secured bond financing of up to 450 million euros, bringing together H.I.G., the Group's financial partner since 2021, Apollo, and Partners Group.