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Announced

Catena Group to acquire Insight Capital Partners for £29m.

Financials

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Transaction Value£29m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data science

United Kingdom

Single Bidder

Private

Acquisition

Domestic

machine learning

Pending

Majority

Auto Technology

Friendly

Synopsis

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Catena Group, the AIM-listed holding company focused on acquiring and growing businesses operating in high performing industries, agreed to acquire Insight Capital Partners, a data science and machine learning solutions company, for £29m. "We are delighted to have agreed our full acquisition of Insight and to be re-admitted to trading on AIM today. The completion of the Acquisition will mark the start of an exciting new chapter for the Company in artificial intelligence and machine learning," Matthew Farnum-Schneider, Catena Group CEO.

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