Announced

Completed

Horizon Capital-backed Ascent Software completed the acquisition of Parkside Interactive.

Synopsis

Horizon Capital-backed Ascent Software, a provider of AI-focused digital services, completed the acquisition of Parkside Interactive, custom software and experience design company. Financial terms were not disclosed. "DACH is one of the most mature and dynamic markets in Europe, featuring a number of ‘hidden champions’: 3000 companies with more than €1bn revenues that exist in niche markets, all of whom represent huge opportunity for our combined business as they innovate and modernise. Parkside’s deep experience design and engineering capabilities are the perfect complement to Ascent’s data, AI and advanced analytics specialisms, opening up a world of possibility for clients seeking to differentiate themselves in an increasingly competitive digital landscape," Stewart Smythe, Ascent CEO.

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