Houlihan Lokey Advises Parquest

Houlihan Lokey is pleased to announce that Parquest, a recognised private equity player in France, has invested in Spectrum Groupe, a digital transformation consulting firm and Platinum Partner of Atlassian, alongside the CEO and management team. The transaction closed on 24 July 2025.

Founded in 2011, Spectrum Groupe has become a key player in the Atlassian ecosystem. It offers a comprehensive suite of consulting, integration, training, and managed services, with recognised expertise in information management and process optimisation (Agile, Lean, DevOps, ITIL, Agile@Scale). The company serves large corporates, public institutions, and leading technology companies.

Spectrum Groupe has delivered exceptional organic growth of more than 50% per year since 2021, reaching €32 million in revenue in 2024. The company is led by an experienced, well-structured leadership team and a strong culture of excellence and client service. With around 120 employees, Spectrum Groupe has a strong presence in France, the U.K., and the Middle East—where it has become the reference Atlassian partner in Saudi Arabia and the United Arab Emirates—as well as in Africa, where it has developed high-value-added service centers in Tunisia, the Ivory Coast, and Egypt. In addition to its long-standing partnership with Atlassian, Spectrum Groupe is also a Select Partner of GitLab, further strengthening its position across the end-to-end DevOps value chain.

This transaction marks the beginning of a new chapter of growth for Spectrum Groupe, which aims to sustain its organic trajectory and pursue a targeted buy-and-build strategy across priority EMEA markets, leveraging Parquest’s track record in consolidation.

Houlihan Lokey was mandated for its strong track record and expertise in the digital transformation space, as well as its international footprint and local coverage. We served as financial buyside advisor to Parquest.

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