Horizon Capital Majority Investment in Ascent Software; Ascent Acquires TechHuddle

Ascent Acquires Mango Solutions

November 19, 2020

Data & Analytics

Ascent, a Horizon Capital-backed UK software strategy and development firm, has acquired Mango Solutions, one of the UK’s largest data science consulting firms. The undisclosed deal adds about 65 employees and approximately £5M in annual revenue to Ascent and is an add-on to its existing platform business.

Edgewater Equity Partners Acquires Ascent Technologies

January 18, 2024

Cloud & SaaS

Edgewater Equity Partners, a Boston-based private equity firm, has acquired Ascent Technologies, a Chicago-headquartered provider of AI-enabled compliance automation for financial services. The acquisition will support accelerated development of Ascent's regulatory compliance platform and expansion of its AI-driven capabilities for financial institutions.

Ascent Technologies Acquires Waymark

February 8, 2024

Software

Ascent Technologies, a provider of AI-enabled regulatory compliance solutions, has acquired UK-based Waymark, a horizon scanning and compliance workflow provider. The deal—announced after Ascent's recent investment by Edgewater Equity Partners—integrates Waymark's horizon scanning capabilities into Ascent's obligations management platform to expand regulatory coverage across the US, EU and UK.

ACS Group Acquires The Ascent Services Group

December 1, 2019

Staffing & HR

ACS Group (formerly American Cybersystems) acquired The Ascent Services Group, a national IT and life sciences consulting and staffing firm, in a transaction that closed in December 2019. The acquisition — from Ascent's financial sponsor Sycamore Hill Capital Partners — expands ACS Group's geographic footprint and strengthens its IT and life-sciences staffing capabilities as ACS pushes toward the $1 billion revenue milestone.

Anser Advisory Acquires Ascent

September 2, 2020

Engineering Services

Anser Advisory, a portfolio company of RTC Partners, has acquired Ascent, a 30-employee capital program delivery and project management consultancy headquartered in Chicago, Illinois. The acquisition expands Anser's capabilities and geographic coverage across healthcare, transportation and education markets and brings Ascent's program controls and finance consulting expertise into Anser's national platform.

Ascent Acquires Tekaris

September 1, 2022

IT Services

Ascent, a pan‑European digital services business backed by Horizon Capital, has acquired Munich‑based Tekaris, a software development house specializing in data analytics and cloud integration. The deal gives Ascent a strategic German hub, strengthens its Azure and Financial Services capabilities, and adds ~70 employees and approximately €8m of revenue to the platform.