IDEAL Holdings announces that on July 19, 2024, it signed an agreement with the sole shareholder of the company named “BLUESTREAM SOLUTIONS INTEGRATED IT SOLUTIONS SINGLE-MEMBER S.A.” (hereinafter referred to as “BlueStream”) for the acquisition of 75% of its share capital.
BlueStream was founded in 2008, initially offering support primarily in hardware (HW), operating systems, and data availability. Today, BlueStream is a reputable and rapidly growing service provider, offering infrastructure services in both on-premises and multi-cloud environments, as well as cloud migration, data availability, and outsourcing services. Following the above transaction, Mr. Georgios Vasdekis will continue to serve as the CEO of BlueStream.
BlueStream’s CEO, Mr. Georgios Vasdekis, stated:
"In recent years, BlueStream has emerged as one of the leading companies in service provision and Cloud Migration in our country. Our agreement with IDEAL Holdings will strengthen the expansion of our activities both technologically and geographically. We will leverage the synergies offered by the existing IT company portfolio of the group, as well as the easier access to capital through IDEAL Holdings."
IDEAL Holdings' CEO, Mr. Panagiotis Vassiliadis, stated:
"We welcome the executives and employees of BlueStream to the IDEAL Holdings family. With the addition of BlueStream, our portfolio in the IT sector is further strengthened, while at the same time, our companies form one of the most comprehensive portfolios of services and solutions, effectively establishing IDEAL Holdings’ IT sector as a one-stop shop for technology in our country. Through the synergies created by this transaction, we will offer even more comprehensive and innovative solutions to our clients, while also delivering added value to our shareholders and employees."