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Announced

Completed

Keensight Capital and ISAI completed the acquisition of IVIDATA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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advisory services

Private

big data

Acquisition

consulting

Knowledge Process Outsourcing

Private Equity

France

Majority

Completed

Friendly

Single Bidder

Synopsis

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Private equity firm Keensight Capital and ISAI Expansion, the French tech entrepreneurs' fund, completed the acquisition of IVIDATA, a consulting group specialized in Big Data and Artificial Intelligence services. Financial terms were not disclosed. “We are thrilled to partner with Keensight Capital and ISAI, who have demonstrated a comprehensive understanding of our business and core strengths. This partnership opens a very exciting new chapter for the company, as it will allow us to further enrich our value-added data services portfolio and to embrace worldwide digital transformation opportunities. We are convinced that joining forces will enable us to scale up substantially and to become the European leader in Big Data services within the next 5 years,” Etienne Aboulker, IVIDATA CEO.

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