AZB & Partners has advised French IT multinational Capgemini on its acquisition of hybrid cloud services provider Cloud4C, whose shareholders were advised by TLH Advocates & Solicitors. Linklaters and Singapore-based Rajah & Tann also advised on the deal.
This acquisition will expand Capgemini’s footprint in the fast-growing cloud managed services market. It will enable the Group to further develop industry specific packaged frameworks, intellectual property (IP) and generative AI (gen AI) solutions for cloud management and seamless migrations. It would also bring immediate cross-selling opportunities across Capgemini clients, as well as offering the breadth of Capgemini’s expertise to Cloud4C’s clients.
“Cloud4C has an impressive track record in large-scale cloud transformations, thanks to its cutting-edge, highly automated AI platform and processes,” said Aiman Ezzat, CEO of Capgemini. “Its status as a global premium partner of RISE with SAP makes it a natural fit for Capgemini as we have been a strategic partner with SAP for decades. This acquisition will enable the Group to champion gen AI-powered cloud automation platforms, coupled with scalable industry-specific solutions that we know our clients want and need across the world.”
AZB’s team included senior partner Srinath Dasari and counsel Adoksh Shastry.
TLH’s transaction team comprised managing partner Shailendra Komatreddy, partner Prateek Batra, senior associate Dippyaman Bhattacharya, and associates Sriharsha Madichetty and Anirudh Krishna.