TH Global Capital closes its 17th deal in France by advising Spectrum Groupe, an Atlassian Platinum Partner, on its investment from Parquest

Jul 2025
Private Equity Buyout by

Cloud & DevOps, Atlassian Consulting

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TH Global Capital closes its 17th deal in France by advising Spectrum Groupe, an Atlassian Platinum Partner, on its investment from Parquest
Seller Spectrum Groupe
Buyer Parquest
Focus Sector Cloud & DevOps, Atlassian Consulting
Date July 2025

TH Global Capital is pleased to announce its 17th transaction in France by acting as the exclusive financial advisor to Spectrum Groupe, a Platinum Atlassian Partner headquartered in France, on its investment from Parquest, a European growth buyout private equity firm based in France with deep expertise in Technology and Healthcare.

quote We are deeply appreciative of the outstanding guidance provided by the TH Global Capital team. Their deep expertise, extensive global investor reach, and unwavering dedication were instrumental in our success. With a tailored, structured approach, they aligned our vision with the ideal partner, while their deep knowledge of the Digital Transformation landscape - particularly in DevOps and the Atlassian ecosystems - added real value in positioning our business to investors. Parquest’s strong international reach and demonstrated track record in supporting high-growth, profitable companies will be instrumental in driving the next phase of our expansion strategy. TH Global Capital truly sets the gold standard in the M&A world
Ali Ouni CEO, Spectrum Groupe

Founded in 2011, Spectrum Groupe is one of the largest independent Platinum Atlassian Partners globally, providing end-to-end enterprise service management expertise across all key Atlassian modules such as ITSM/ESM, Agile & Dev Ops Work Management, along with Gitlab partner capabilities. Spectrum Groupe has a continued focus on innovation, having developed a suite of unique proprietary products and accelerators to complement its Atlassian capabilities and support its clients through their digital transformation journeys. Today, with a global presence in 8 countries, the company has a highly skilled team of 110+ Atlassian experts with more than 330 certifications. Its global delivery network serves enterprise clients across multiple verticals, including BFSI, Technology, and the Public Sector.

With its deep network in the European ecosystem, Parquest will provide key strategic and operational experience to support Spectrum Groupe’s growth strategy, as the company accelerates growth in existing markets and benefits from access to new potential clients, markets, strategic partners, and acquisition targets.

Vivek Subramanyam, Founder and CEO of TH Global Capital added, “We are delighted to have closed this transaction in the Atlassian space – it is our 53rd Digital Transformation transaction and 17th deal in France. As a landmark deal in the Atlassian ecosystem, TH Global Capital continues to be the leading adviser in Technology and Tech Services in France. Spectrum Groupe is an exceptional business, and we wish Ali, Jean, Lotfi, Belgacem and the team at Parquest all the best on their journey to become one of the leading partners of Atlassian globally!”

Pascal Berto, Director at TH Global Capital, added, “We are delighted to have advised Spectrum Group on this important milestone in their journey. Over the years, Spectrum has built an outstanding business, achieving strong growth thanks to its exceptional delivery capabilities in the Atlassian ecosystem, reflected in its Platinum Partner status. Among the parties we engaged with, Parquest stood out for their deep understanding of the market and their strong alignment with management’s vision. Congratulations to Spectrum and Parquest teams. We wish them every success in this exciting new chapter!”

 

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