March 2021
Anubex Acquired by Astadia
33Equity is pleased to announce that it has acted as the exclusive financial advisor to Anubex in its acquisition by Astadia.
About Anubex
Anubex, founded in 1988 and headquartered in Kontich, Belgium, is a leading provider of software solutions specializing in mainframe modernization and cloud migration. With over 25 years of experience, Anubex offers automated tools and expertise that enable enterprises and government institutions to transform legacy applications into modern, cloud-ready systems. Their product suite includes CodeTurn, DataTurn, TestMatch, and DataMatch, which facilitate the refactoring and testing of legacy systems, supporting technologies such as Assembler, COBOL, IDMS, and Natural ADABAS.
The strategic acquisition by Astadia, a U.S.-based leader in mainframe-to-cloud migrations, enhances its service offerings by integrating Anubex's automated refactoring capabilities. This combination provides a comprehensive mainframe migration roadmap, enabling clients to transition from IBM Z Series and Unisys ClearPath platforms to their preferred cloud environments seamlessly.
This transaction underscores 33Equity's expertise in advising technology companies on strategic mergers and acquisitions, particularly within the mainframe modernization and cloud migration sectors.
This transaction underscores 33Equity's expertise in advising technology companies on strategic mergers and acquisitions.
