Data & Analytics Acquisitions in 2018

RealPage agreed to acquire Rentlytics for an initial cash purchase price of approximately $57 million. The acquisition expands RealPage’s multifamily data footprint by nearly 900,000 units and adds Rentlytics’ real-time business intelligence and performance analytics capabilities to RealPage’s platform.

Weber Marketing Group, a national financial services strategic consultancy, acquired BancTrac Solutions, a Boston-area data warehouse and analytics firm, to expand its business intelligence and analytics capabilities for financial services clients. BancTrac’s founder Bill Hasapidis and the Boston-based team will continue supporting existing clients while joining Weber’s broader analytics and digital marketing offerings.

EXLService Holdings, Inc. (EXL) completed the acquisition of SCIO Health Analytics (SCIOInspire) to deepen its healthcare analytics and payment-integrity capabilities. The deal brings SCIO’s analytics team and delivery center (including a large operations presence in Chennai) into EXL’s health analytics business and expands EXL’s footprint across payers, providers and life sciences.

Milestone Partners led the acquisition of mTAB LLC on May 31, 2018. mTAB, a provider of database services and cloud-based data analytics platforms based in Anaheim, California (with an office in Essex, UK), will partner with Milestone to accelerate growth, expand its product offering and enter new markets; Woodforest National Bank provided a senior credit facility to support the transaction.

Perficient, a public digital transformation consulting firm, acquired Southport Services Group, a Washington, D.C.-based MicroStrategy consultancy with approximately $17 million in annual revenue. The deal adds roughly 100 consulting, technology, sales and administrative professionals and expands Perficient's data solutions capabilities and presence in the Washington D.C. region (plus locations in Phoenix and Mexico City).

Trianz, a global digital transformation and technology services firm, has acquired CBIG Consulting, a Chicago-based Big Data and Analytics consulting business. The acquisition expands Trianz's analytics and data capabilities and adds CBIG's management team and expertise to Trianz's broader cloud, analytics and managed services portfolio; 7 Mile Advisors acted as exclusive buy-side advisor.