Data & Analytics Acquisitions in 2024

H1 has acquired Ribbon Health, a provider data management and API platform, in a cash-and-stock deal that closed in late December. The acquisition integrates Ribbon's provider directory and real-time data capabilities into H1's healthcare data and analytics platform to expand H1's reach into health plans, provider systems and digital health markets.

PAR Technology Corporation acquired Delaget, a restaurant analytics and business intelligence provider, for $132 million (closed Dec. 31, 2024). The deal, paid principally in PAR common stock, brings Delaget's analytics, loss-prevention and operational-insights capabilities into PAR's Operator Cloud and accelerates development of the PAR Data Platform to deliver expanded back-office and delivery operations analytics to restaurant customers.

Boomi has acquired Israeli data management startup Rivery to expand Boomi Enterprise Platform's data movement and ELT/CDC capabilities. The deal was reported at about $100 million; Rivery — founded in 2019 and serving 450+ customers — employs roughly 80 people who are expected to remain with the business.

Gryphon Investors completed a majority growth recapitalization of phData to support the company's continued expansion of its data engineering and AI solutions. phData's management, including CEO Ryan Bosshart, retains a significant equity stake; financial terms were not disclosed.

Experian has acquired Audigent, a data activation and identity platform, to enhance its marketing data and identity capabilities by adding Audigent's first-party publisher data and sell-side distribution. The deal expands Experian's addressability and audience-targeting tools, building on prior integrations such as Tapad and joint products like SmartPMP and Contextually-Indexed Audiences.

Interpublic Group has acquired Mumbai-based e-commerce intelligence and retail analytics firm Intelligence Node in a transaction reported by some sources to be valued at nearly $100 million. The acquisition brings AI-driven retail data, pricing, availability and competitive intelligence into Interpublic’s commerce and retail media capabilities, and Intelligence Node will be integrated across Interpublic’s agency portfolio while retaining its brand.

Vaisala Corporation has acquired the WeatherDesk business assets from US-based Maxar Intelligence for USD 70 million to accelerate growth of its Xweather unit and expand AI-led weather forecasting capabilities. The deal, financed mainly with interest-bearing debt, transfers 34 professionals to Vaisala; WeatherDesk reported USD 13 million in recurring net sales in 2023.

Uniphore has acquired ActionIQ and Infoworks to expand its end-to-end Enterprise AI platform and deliver a Zero Data AI Cloud that enables AI without moving or copying enterprise data. The purchases add ActionIQ's composable customer data platform and Infoworks' automated enterprise data platform, accelerating Uniphore's ability to deliver AI-ready data, fine-tune models, and deploy agentic AI across enterprises.

Behavox acquired Mosaic Smart Data in December 2024 to integrate Mosaic’s FICC transaction-data analytics into Behavox’s AI product ecosystem and accelerate development of its cloud-native Trade Surveillance offering. The deal is being integrated ahead of schedule and was supported by Hercules Capital as a financing partner.

Technosylva has acquired KatRisk to combine wildfire simulation and catastrophe risk modeling capabilities into an integrated platform for multi-peril risk assessment. The deal expands Technosylva’s product offering for electric utilities, insurers, financial institutions, and government agencies by adding KatRisk’s flood, hurricane and other catastrophe models to Technosylva’s wildfire modeling solutions.

Chicago-based private equity firm Periscope Equity has completed a majority recapitalization of The RepTrak Company, a Boston-based leader in reputation intelligence. The investment — advised by BrightTower with credit financing support from Tree Line Capital Partners — will fund product and platform innovation (including AI and data visualization), expand advisory capabilities, and support organic and inorganic growth while existing investors led by Catalyst Investors partially exited.

Charlesbank Capital Partners has made a strategic investment in IMPLAN Group LLC, a Huntersville, North Carolina–based provider of cloud-based economic impact data and analytical software. Existing investor Boathouse Capital fully exited the business; Charlesbank's capital will be used to accelerate product development, expand datasets and geographic coverage, and pursue accretive acquisitions.

Federal Data Systems LLC, formerly a component of FedData Group Holdings LLC, was acquired by a new group of investors and has been rebranded as Clear Fracture LLC. The company will focus on advanced data integration and AI-driven data engineering solutions, and has appointed Brian Frutchey as CTO to lead its technology strategy.

Advan Research Corporation has acquired Real Estate Intelligence (REI), the mobile device location-data analytics business of RetailStat. The divestiture strengthens Advan's alternative data and location-analytics capabilities while allowing RetailStat to focus on its core financial, grocery and point-of-interest analytics offerings.

Philadelphia-based buyout firm Inverness Graham has acquired Alliant, a marketing data and analytics provider known for its Alliant DataHub and cooperative data model. Inverness Graham said it will support Alliant's growth through strategic partnerships and additional acquisitions to expand its marketing data, analytics and technology capabilities.

Board, the enterprise planning platform, has acquired Prevedere to embed AI-driven predictive models and external economic intelligence into Board's planning suite. The deal brings Prevedere's predictive planning capabilities and team of economists/data scientists (trusted by brands such as Kraft Heinz and McDonald's) into Board to enhance real-time decision-making and forecasting for enterprise customers.

SBI Growth has acquired Price Intelligently from Paddle to strengthen SBI's pricing practice by adding advanced pricing analytics and monetization capabilities. Paddle divested the Price Intelligently business to focus on its core billing and payments offerings while SBI integrates the pricing tools and expertise into its go-to-market services.

With Intelligence has acquired SPS, an award-winning provider of deal-level data and analytics for private equity and M&A professionals, from Bain & Company. The deal brings SPS’s 100,000+ tracked transactions and granular deal taxonomy into With Intelligence’s private markets platform to expand its deal intelligence capabilities and support geographic growth into Europe.

Thoma Bravo has signed an agreement to sell a significant minority stake in Qlik to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), with Thoma Bravo remaining the majority shareholder and making a new equity investment. A consortium of other investors is expected to participate alongside ADIA and Thoma Bravo; the deal is subject to regulatory approvals and is expected to close in Q1 2025.

LDC, the private equity investor affiliated with Lloyds Banking Group, has made a growth capital investment in LendingMetrics to support product R&D, scale its decisioning software and data services, and pursue complementary acquisitions. The funding will help LendingMetrics expand its partnerships and explore new verticals such as telecoms, utilities and insurance while preserving management control.

Astorg Mid-Cap (Astorg) has signed a binding agreement to acquire a majority stake in Redslim from its founders, who will reinvest significantly. The investment will support Redslim's international expansion, accelerate R&D and platform investments, and scale commercial and service teams to serve CPG and consumer healthcare clients.

Brazilian fintech Nelogica has acquired a majority stake in Bookmap, a Europe‑founded trading visualization platform, to accelerate its international expansion and combine complementary technologies and user bases. The deal brings Bookmap's ~300,000 users and proprietary market‑liquidity visualization technology into Nelogica's portfolio, enhancing Nelogica's global product offering.

Montel, a Riverside-backed provider of energy news, data and analytics, has signed a definitive agreement to acquire the assets of SKM Market Predictor, a Trondheim-based provider of forecasting, advisory and analytics for the Nordic power and renewables markets. The deal is an add-on acquisition that brings SKM's SYSPOWER platform and forecasting capabilities into Montel to broaden its analytics offering and accelerate cross-selling and geographic coverage in the Nordics.

Nagarro, a global digital engineering firm, has acquired FWD View Limited, a UK-based data transformation and visualization specialist serving financial markets. The deal brings roughly 50 experts (including contractors) into Nagarro, strengthening its UK presence and expanding its data & analytics capabilities for financial services clients.

Blue Mantis has acquired Tampa-based SME Solutions Group, a data and IT services provider, and will launch a new Data Enablement and Analytics practice led by SME founder Chris Moyer. The deal expands Blue Mantis' data management, BI and analytics capabilities and strengthens its North American presence.

Dataciders, supported by Rivean Capital, has acquired Bulgaria-based data and AI consultancy ROITI. The deal (an add-on to Dataciders' platform) brings ROITI's team of more than 90 consultants and deep ETRM expertise to expand Dataciders' customer base in the DACH region and strengthen its energy trading and risk management capabilities.

Service Management Group (SMG) has acquired Bulbshare, a London-based AI-powered customer community and insights platform. The purchase expands SMG’s experience management and data analytics capabilities, deepening its offering to consumer brands and supporting Bulbshare’s continued growth under SMG’s PE-backed ownership.

Options Technology has acquired Packets2Disk (P2D), a UK-based packet capture and analytics platform, to strengthen its Atlas market data and analytics offering. The acquisition adds high-fidelity real-time and historical PCAP capture, monitoring and decode capabilities that will be offered as integrated SaaS or fully managed services across Options’ global data center footprint. P2D’s platform is already used by leading exchanges and asset managers and will be integrated into Options’ Atlas product suite to enhance market data capture, monitoring and analytics.

EarthDaily Analytics (EDA), backed by Antarctica Capital, has acquired Descartes Labs and its government subsidiary, Descartes Labs Government, Inc. The deal integrates Descartes Labs' commercial products and government-facing capabilities into EDA's Earth Observation and analytics platform, expanding EDA's addressable markets across insurance, energy, mining and U.S. defense/intelligence and positioning EDA as a platform for further geospatial add-ons.

Two Circles, the Charterhouse-backed sports and entertainment data business, has acquired KORE, a leading sponsorship and fan-engagement intelligence platform, from Serent Capital. The deal expands Two Circles' technology and data capabilities in North America and strengthens its measurement, data management and business intelligence offerings for sports and entertainment customers.

SAM, the North American Managed Geospatial Services provider, has acquired Xtensible Solutions, a semantic-based integration and information data management specialist for the utility industry. The deal expands SAM's consulting and technology capabilities—bringing Xtensible's Affirma semantic modeling and metadata management solution into SAM's managed geospatial services portfolio to accelerate analytics, integration, and data-driven decision-making for utility and infrastructure clients.

SingleStore has acquired BryteFlow, an Australian real-time data integration platform, to expand its data ingestion and change data capture capabilities. The BryteFlow technology will be integrated into SingleStore's product (SingleConnect) to enable real-time analytics, faster operationalization of CRM/ERP data, and additional generative AI use cases.

Chatham Financial has acquired Verumex (VmX), a commercial real estate (CRE) data platform founded in 2018, integrating VmX's data platform and services into Chatham's debt, derivatives advisory and software offering. The acquisition aims to consolidate CRE data, improve data quality and decision-making for CRE investors and asset managers by combining Chatham's advisory and risk-management technology with VmX's proprietary data platform and validation services.

Cendyn, a global hospitality cloud-based technology company, has acquired Knowland, a US-based leader in meetings-and-events data-as-a-service. The deal — announced alongside Cendyn's existing investors and new private equity partner Haveli Investments (alongside Accel-KKR) — integrates Knowland's event intelligence with Cendyn's CRM, proposals, and Grouprev platforms to drive more MICE/group bookings for hotel customers.

Paris-based NeoXam, a portfolio company of Eurazeo, has acquired EZOPS, a New York provider of AI-enabled data control, workflow automation, and regulatory reporting. D.A. Davidson served as exclusive buy-side financial advisor; the deal strengthens NeoXam's data management and reporting capabilities and supports its international expansion.

Optimizely has signed a definitive agreement to acquire NetSpring, a Redwood City-based warehouse-native analytics platform, to integrate warehouse-native product and customer-journey analytics into Optimizely's digital experience platform. The acquisition is intended to allow customers to run analytics directly on cloud data warehouses (Snowflake, Databricks, BigQuery, Redshift) and to tie experimentation to business outcomes; the deal is expected to close in Q4 2024 subject to customary conditions.

Xceedance has acquired Millennium Information Services, a leading U.S. property inspection and data analytics provider, adding nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors. The deal strengthens Xceedance's underwriting support and analytics capabilities—accelerating its expansion in personal lines and enabling broader inspection- and data-driven services for carriers and MGAs via Millennium's MAPS platform.

Attain, a permissioned commerce data platform, has acquired Merryfield, a Boston-based rewards app focused on better‑for‑you consumer products. The acquisition expands Attain’s first‑party data assets and adds a more affluent consumer panel to improve product‑level insights and B2B revenue opportunities with CPG brands and retailers.

Thought Logic Consulting, a Renovus Capital Partners portfolio company, has acquired eCapital Advisors, a Minneapolis–area consultancy specializing in Enterprise Performance Management (EPM) and Data & Analytics. The acquisition expands Thought Logic’s data, analytics and workplace-technology capabilities and brings eCapital leadership into Thought Logic’s executive team.

Snowflake Inc. has acquired Night Shift Development, a U.S.-based data infrastructure and analytics company known for its ClearQuery augmented intelligence platform. The acquisition gives Snowflake a dedicated capability focused on the U.S. public sector and national security customers, expanding its presence and offerings in the public sector and analytics space.

ZEMA Global Data Corporation announced it will acquire Morningstar Commodity Data, expanding ZEMA's enterprise data and analytics offering with real-time commodity and energy data and a multi-tenant public cloud distribution platform. The deal follows a growth equity investment from FTV Capital and will broaden ZEMA's product capabilities and entry into financial markets while preserving service to energy, trading and supply-chain customers; financial terms were not disclosed.

Liventus, a Northbrook-based custom software development firm, has acquired Sparkflow Data Analytics to expand its data analytics and business intelligence capabilities. The acquisition brings Sparkflow's Power BI and data warehousing expertise and team (led by Steve Walker, with John Perry joining product development) into Liventus to enable enhanced service offerings, cross-selling, and innovation.

Hover Group announced a strategic investment in SquareKnot Analytics to integrate the market‑research firm's consumer insights into Hover’s marketing ecosystem and to support its owned agency, Black Rock Marketing Group (BRMG). The deal will help accelerate SquareKnot’s product development (including the Wilbur budgeting app) and strengthen Hover Group’s data-driven marketing capabilities.

Kalibrate, a Manchester-based location intelligence and fuel-pricing analytics firm, has acquired IMST Corp., a Houston-headquartered market research firm specializing in site selection and sales forecasting for convenience stores and fuel stations. The acquisition is intended to strengthen Kalibrate's fuel station and convenience-store forecasting capabilities by adding IMST's expertise in single-site studies and ancillary revenue forecasting (car wash, QSR, truck stop, travel center).

Dutch data-and-tech specialist Indicia has attracted Capital A as a new shareholder in a growth equity investment that will provide capital and strategic support for an accelerated buy-and-build strategy. Management, including CEO Carlo Korssen, remains in place and will continue to run day-to-day operations while Capital A supplies funding and access to professionals to drive organic growth and acquisitions.

Datassential, a leading food and beverage intelligence platform, received a growth investment from New Mountain Capital alongside Endicott Capital to accelerate product innovation, strengthen technology capabilities, and pursue strategic growth. The transaction involves existing investor Spectrum Equity (mentioned in adviser disclosures) and will support Datassential’s expansion of its AI-powered data and analytics offerings for the food & beverage sector.

HCLSoftware, via its Actian division, completed the acquisition of Zeenea, a Paris-based metadata management and data catalog provider. The deal adds Zeenea's cloud-native data discovery and governance capabilities to Actian's data intelligence portfolio and extends HCLSoftware's presence and customer base in Europe to support GenAI and analytics initiatives.

AssureCare, a population health management software company and a Vora Ventures portfolio member, has acquired Clinigence Health and integrated its provider-focused analytics platform into AssureCare’s Akumen analytics offering. The deal expands AssureCare’s analytics capabilities across providers, payors, and pharmacies to strengthen clinical decision support and value-based care management.

Dataciders has acquired Austrian Data & AI services provider PASO Solutions, expanding its presence in the DACH region and strengthening Microsoft-focused data analytics and supply chain capabilities. The deal is Dataciders' third add‑on since Rivean Capital invested in the company in January 2024 and supports Rivean’s buy‑and‑build growth strategy.

Vaisala has agreed to acquire Speedwell Climate Ltd to expand its subscription-based data offerings and enter the insurance climate risk-transfer market. Speedwell, headquartered in Harpenden, United Kingdom, reported net sales close to GBP 4 million in 2023 and about 24 professionals will transfer to Vaisala; the deal is expected to close in Q4 2024 subject to regulatory approval.