Announced

Mandatum Asset Management to invest in Epical for €22.5m.

Synopsis

Mandatum Asset Management, an asset manager, agreed to invest in Epical, a data consulting company, for €22.5m. "As AI and data are transforming almost every sector, more and more companies are now seeking data-focused consulting services. We’re thrilled to partner with KPY to help accelerate Epical’s next phase of growth. With a team of highly respected specialists and a committed, experienced management team, Epical has proven its capabilities and is well-positioned to scale. Our aim is to support Epical in strengthening its position as a leading player – both in the eyes of clients and as an employer of choice,” Alexander Antas, Mandatum Asset Management Head of Private Equity.

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MergerLinks - Mandatum Asset Management to invest in Epical for €22.5m.