Announced

Completed

Artefact completed the acquisition of Advance Guidance.

Synopsis

Artefact, a leading global consulting company dedicated to accelerating the adoption of data and AI to positively impact people and organisations, completed the acquisition of Advance Guidance, a full-service AI and data consultancy. Financial terms were not disclosed. “The acquisition of AdvanceGuidance strengthens Artefact’s international position and reinforces our commitment to partnering with regional firms looking to join a global leader in data and AI consulting. This marks Artefact’s third strategic acquisition in the past three quarters, following the additions of Swiss-based AI consultancy Effixis in August 2024 and Chile-based data and AI consultancy Brain Food Consulting in December 2024. By welcoming a multidisciplinary team of 70 skilled data scientists, engineers, and consultants, we continue to accelerate Artefact’s expansion and further solidify our presence in Africa, where AI-driven business transformation is gaining high momentum.” Vincent Luciani, Artefact CEO and co-founder.

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