Adastra Group, a Czech-Canadian leader in data management, digital transformation, and information governance, is finalizing what is expected to be the largest M&A transaction in the Czech Republic in 2025.

Founded in 2000, Adastra has grown into a major player in global digital consulting, with a strong presence in both Europe and North America. The company was co-founded by Jan Červinka (currently holding 47.5% of shares), Petr Jech (26.25%), and Czech-Canadian Jan Mrázek (30%), who previously served in executive roles at Bank of Montreal and helped expand Adastra’s Canadian footprint.

Carlyle Group Likely to Secure the Acquisition

After launching its search for a buyer in October 2024 with the support of JPMorgan’s New York office, Adastra attracted interest from several global investors. The final two contenders were Carlyle Group, a global investment firm, and Synechron, a U.S.-based digital technology company. Sources close to the negotiations suggest that Carlyle is now in final talks to close the deal, with an official announcement anticipated in the coming weeks.

The deal is expected to be valued at approximately 600 million Canadian dollars, with all three co-founders reinvesting a portion of their proceeds back into the business to support its continued growth.

Strategic Investment in Czech Tech Innovation

Carlyle has a history of investing in technology-driven companies within the Czech Republic, including Memsource, Tesca, and Meopta. Acquiring Adastra would further strengthen its portfolio in the region’s thriving tech and digital services sector.

“This deal highlights international confidence in the Czech Republic’s innovation ecosystem, particularly in areas like data analytics, AI, and digital consulting,” noted a market analyst familiar with the negotiations.

Geopolitical Headwinds Slow Broader M&A Activity

While this deal stands out, overall mergers and acquisitions activity in the Czech Republic has remained subdued in 2024 and early 2025, largely due to geopolitical tensions, the ongoing war in Ukraine, and uncertainties in global trade dynamics. Nevertheless, Adastra’s acquisition signals renewed investor appetite for scalable, tech-oriented firms in Central and Eastern Europe.

About Adastra

Adastra is a global consulting and IT services company specializing in data-driven digital transformation, AI integration, cloud infrastructure, and enterprise information management. Headquartered in Prague and Toronto, Adastra serves multinational clients across sectors including finance, telecommunications, healthcare, and retail.