Equistone-Backed Acuity Knowledge Partners Acquires Cians Analytics, Consolidating a Leading Position in the Global Financial Services Outsourcing Market

Acuity Knowledge Partners (“Acuity”), a main supplier of high-value analysis, analytics and business intelligence to the monetary providers sector, right this moment introduced the acquisition of Cians Analytics (“Cians”), a supplier of high-quality, cost-effective analysis and analytical assist for monetary establishments. This acquisition will enable Acuity to supply enhanced assist in the subject of information course of outsourcing (KPO) and assist streamline the operations of monetary companies globally. The monetary phrases of the transaction have been undisclosed.

Cians Analytics permits funding banks, non-public fairness funds and companies to do extra with their time whereas considerably decreasing working prices. Its numerous pool of expertise, together with monetary researchers, builders and information scientists, permits the in-house groups of Cians’ shoppers to raised concentrate on strategic initiatives and elevated output. Challenging financial situations, the migration of finance expertise into the expertise sector and disruptions in the monetary providers area have considerably elevated demand for these providers. Cians’ product providing additionally consists of LeverData, a proprietary information ingestion, validation and administration platform which helps prospects eradicate the information reliability points that usually plague monetary providers companies, saving them cash, sources and invaluable time.

The acquisition represents the first bolt-on transaction made by Acuity since its buyout by Equistone, a main European mid-market non-public fairness investor, in 2019. Following the acquisition, all Cians staff will be part of the Acuity workforce, taking its international headcount to over 5500 staff.

“Cians Analytics has proven, throughout the years, that they have a dedication to quality work and best-in-class service to all of their clients,” mentioned Acuity Knowledge Partners CEO, Robert King. “Given our shared cultures and service offerings, the opportunity to combine our teams and provide high-quality services to a larger client base was a compelling one. Post-transaction Acuity will support over 500 banking and financial services firms worldwide. This deal also supports the significant growth we have seen, and continue to target, in key markets such as the U.S.”

“The combination of both firms not only increases the capabilities we can offer to our combined client set, but also allows our employees and customers to have a truly global engagement team and experience,” mentioned Cians Analytics Co-Founder and Co-CEO, Anmol Bhandari. “We often saw each other in engagements and in the marketplace. It ultimately made sense to combine to truly consolidate offerings and clients and to give the customers and employees the best that both firms can offer.”

“This is a win-win situation for our most important stakeholders, our clients and our employees,” mentioned Cians Analytics Co-Founder and Co-CEO, Aman Chowdhury. “Both firms have a history of delivering high-quality services to a discerning and sophisticated client set spread across the globe. While both firms work with similar types of clients, our services and focus areas are often complementary. This sets the combined firm up as the pre-eminent firm in our industry.”

Speaking about the transaction, Tim Swales, Partner at Equistone, mentioned: “Robert and his staff have performed a wonderful job of driving sturdy natural development over the previous three years. In Cians we recognised a chance to complement that, by supporting the bolt-on acquisition of a firm with a equally sturdy and extremely complementary service providing and shopper base. By strengthening the product suite obtainable to shoppers, we imagine this transaction has the potential to additional speed up Acuity’s development over the coming years.”

Cians was suggested on the transaction by Grant Thornton, Mayer Brown and Phoenix Legal, whereas Acuity was suggested by BDA Partners (William Blair), Latham & Watkins, AZB Partners and Baker Hostetler.

ABOUT ACUITY KNOWLEDGE PARTNERS

Acuity Knowledge Partners is a main analysis, analytics, and business intelligence marketing consultant to the monetary providers sector. The firm’s community of analysts and {industry} specialists, mixed with superior information and expertise, helps over 420 monetary establishments and consulting firms worldwide to function extra effectively, and unlock their human capital, driving revenues larger and remodeling operations. It specialises in funding banking, funding analysis, non-public fairness & consulting and industrial lending. Acuity is headquartered in London and operates from 9 areas worldwide. In 2019, the firm was established as a separate business from Moody’s Corporation by its acquisition from Equistone Partners. www.acuitykp.com

ABOUT CIANS ANALYTICS

Cians Analytics was based in 2009 by Anmol Bhandari and Aman Chowdhury, to supply high-quality, cost-effective analysis and analytical assist for international funding banks, non-public fairness funds, companies, and portfolio firms permitting them to do extra with their time and considerably scale back working prices. Cians helps monetary shoppers throughout the whole transaction spectrum from preliminary funding screening, business and monetary due diligence, and market entry/market sizing to post-closing portfolio firm/market replace upkeep work. The Cians Analytics workforce – identified for its industry-leading worker retention fee – consists of people who yield the highest caliber experience in funding banking and analysis, fairness analysis, and common business analysis and analytics. Cians’ worth proposition lies in the flexibility of its engagement mannequin, permitting shoppers to have whole management, including functionality and working capability whereas in the end reducing prices. For extra data, please go to www.ciansanalytics.com

ABOUT EQUISTONE PARTNERS EUROPE

Equistone is an impartial funding agency wholly owned and managed by its executives. The firm is one in all Europe’s main traders in mid-market buyouts with a sturdy, constant monitor file spanning over 40 years, with greater than 400 transactions accomplished in this era. Equistone has a sturdy concentrate on change of possession offers and goals to take a position between €25m and €200m+ of fairness in varied companies. The firm has a staff of over 40 funding professionals working throughout France, Germany, Switzerland and the UK, investing as a strategic accomplice alongside administration groups. Equistone is at present investing its sixth buyout fund, which held a last closing at its €2.8bn exhausting cap in March 2018, and has just lately launched the Equistone Reinvestment Fund, with a mandate to make minority re-investments alongside new sponsors following a portfolio firm exit from one in all its major buyout funds. Equistone is authorised and controlled by the Financial Conduct Authority. Further data will be discovered at www.equistonepe.com.

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