MML Capital Partners Makes Minority Growth Investment in Altius

Avanade Acquires Altius

March 9, 2020

Data & Analytics

Avanade has acquired London-based Altius, a provider of data performance management and AI solutions on the Microsoft platform, to strengthen its data, AI and managed services capabilities. Altius, which has offices in the Netherlands and India and employs 300+ cloud and data specialists, was a portfolio company of MML Capital Partners, which exited its investment. Financial terms were not disclosed.

MML Invests in Arηs Group

June 1, 2023

IT Services

MML Partnership Capital has invested in Arηs Group, a Luxembourg-headquartered IT services firm focused on the Benelux and European institutions markets. The transaction brings Arηs into MML's Partnership Capital portfolio to support the company's international expansion and further capability development, with the co-founders and key employees reinvesting alongside MML.

MML Capital Partners Invests in MIcompany

February 1, 2023

AI & Machine Learning

MML Capital Partners has made a growth investment in MIcompany, a Netherlands-based AI and machine learning services provider, to support the firm's expansion across people, services and customer base. The deal launches MML's lower mid-market Enterprise strategy and will see MML partner with MIcompany's leadership to scale the business across Europe.

MML Capital Partners Invests in Arrow Business Communications

January 1, 2020

Telecommunications

MML Capital Partners has made a significant growth investment in Arrow Business Communications, partnering with founder Chris Russell and CEO Richard Burke to support the group's M&A-led expansion and product development. The deal — financed with support from CVC Credit Partners — backs Arrow's offering of mobile, fixed line, hosted telephony, data, IT and energy solutions across nine UK offices and ~245 employees.

Arrow Business Communications Acquires Altinet Ltd

July 1, 2020

Cybersecurity

MML-backed Arrow Business Communications Limited has acquired Altinet Ltd, a Leeds-based provider of cyber security managed services. The add-on strengthens Arrow's cybersecurity capability following MML's January 2020 investment; the deal was supported by CVC Credit Partners and advised by Kemp Little and RSM.

Linq Analytics Acquires Certain Assets of Altius, Inc.

January 18, 2022

Data & Analytics

Linq Analytics, a Texas-based provider of customer data management and analytics software, acquired certain assets of Altius, Inc., including the Flex suite of planning and Master Data Management (MDM) products. The deal adds FP&A and MDM capabilities to Linq’s account hierarchy and analytics offerings and includes the appointment of Noel Phillips as CTO to support product integration and client transitions.