Equistone-Backed Acuity Knowledge Partners acquires Cians Analytics

Equistone-Backed Acuity Knowledge Partners Acquires Cians Analytics, Consolidating a Leading Position in the Global Financial Services Outsourcing Market

Acuity Knowledge Partners, a leading provider of high-value research, analytics and business intelligence to the financial services sector, today announced the acquisition of Cians Analytics, a provider of high-quality, cost-effective research and analytical support for financial institutions.

This acquisition will allow Acuity to offer enhanced support in the field of knowledge process outsourcing and help streamline the operations of financial firms globally.

The financial terms of the transaction were undisclosed.

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The acquisition represents the first bolt-on transaction made by Acuity since its buyout by Equistone, a leading European mid-market private equity investor, in 2019. Following the acquisition, all Cians employees will join the Acuity workforce, taking its global headcount to over 5500 employees.

Speaking about the transaction, Tim Swales, Partner at Equistone, said: “Cians’ team have done an excellent job of driving strong organic growth over the past three years. In Cians we recognised an opportunity to supplement that, by supporting the bolt-on acquisition of a company with a similarly strong and highly complementary service offering and client base. By strengthening the product suite available to clients, we believe this transaction has the potential to further accelerate Acuity’s growth over the coming years.”

Source: Press Release

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