NTT DATA Acquires Alchemy Technology Services

NTT DATA Business Solutions AG Acquires Sapphire from Horizon Capital

November 7, 2023

IT Services

NTT DATA Business Solutions AG, a group company of NTT DATA, has acquired London-headquartered digital transformation provider Sapphire from private equity investor Horizon Capital. The sale generates a 5.0x return and a 50% IRR for Horizon Capital; under Horizon's ownership Sapphire grew revenues from £38m to over £75m and expanded headcount from 250 to over 420.

NTT DATA Services Acquires Chainalytics

December 22, 2021

Consulting

NTT DATA Services has agreed to acquire Chainalytics, a supply chain consulting and analytics firm, to strengthen its supply chain consulting and analytics capabilities. Chainalytics' 200+ employees will join NTT DATA's consulting business; the transaction is subject to customary closing conditions and expected to close in the coming weeks.

NTT DATA Services Acquires Hashmap

December 11, 2020

Data & Analytics

NTT DATA Services has agreed to acquire Hashmap, a data engineering and analytics consultancy headquartered in Atlanta, Georgia, to strengthen its cloud data, analytics and AI capabilities. Hashmap— a Snowflake Premier Partner with Databricks and other cloud partnerships—will expand NTT DATA Services' ability to help clients accelerate cloud data modernization and operationalize AI.

Torch.AI Acquires The DataTech Group

December 7, 2021

Data & Analytics

Torch.AI acquired The DataTech Group, an Illinois-based data warehouse and analytics solutions provider, to strengthen its capabilities and expand support for U.S. Department of Defense and other federal clients. The acquisition brings DataTech’s expertise in data warehousing, decision support systems, and enterprise architecture into Torch.AI’s AI-powered Nexus platform to accelerate federal mission outcomes.

NTT DATA Acquires EXAH

October 2, 2025

IT Services

NTT DATA has acquired EXAH, a South Africa-based Salesforce consulting and AI implementation specialist, to strengthen its Salesforce and AI delivery capabilities across the Middle East and Africa (MEA). The deal bolsters NTT DATA's local expertise and capacity for end-to-end Salesforce implementations, integration and post-implementation support in the region.

Avance Investment Management Makes Strategic Investment in Alchemy Technology Group

July 22, 2024

IT Services

Avance Investment Management has made a strategic growth investment in Alchemy Technology Group, a Houston-based IT advisory, reseller, and managed-services provider focused on cybersecurity, cloud, and modern workspace solutions. The partnership will support Alchemy’s organic growth initiatives, expansion of its commercial and service capabilities, and pursuit of strategic acquisitions; terms were not disclosed.