Alantra has advised Datalytyx on its sale to Mphasis
Alantra, the independent global mid-market investment banking, alternative asset management and credit portfolio advisory firm, has advised Datalytyx, a leading data consultancy firm, on its sale to Mphasis, the India-listed IT solutions provider specialising in cloud and cognitive services.
UK-headquartered Datalytyx provides next-generation Data Engineering, Data Ops and Master Data Management services. It supports modern data projects by providing a managed data platform for analytics and machine learning, using best-in-class data tools. The company integrates client environments with platforms from its partners – Talend and Snowflake, creating a single integrated platform for Data and AI.
As the first Snowflake Rockies Partner in the UK, a Snowflake Select Solutions Partner, and a Platinum VAR partner of Talend, Datalytyx provides services for modern data projects enabling faster, more accurate analysis and Artificial Intelligence.
Mphasis, an IT solutions provider specialising in cloud and
cognitive services, applies next-generation technology to help enterprises
transform businesses globally. The acquisition of Datalytyx will further
strengthen Mphasis’ data strategy and enhance its next generation digital
transformation capabilities within the combined businesses’ global client base.
The Alantra team comprised Simon Roberts (Director), Jamie Dickson (Associate) and Milan Vashi (Analyst).
Simon Roberts, Director at Alantra, commented: “We’re delighted to have advised Datalytyx on the sale of the business to Mphasis. Datalytyx has built up a strong platform within a thriving ecosystem and partnering with Mphasis will further strengthen its capabilities in supporting clients through their data journey. The combined business is well-positioned to capitalise on the huge potential in this growing market.”
Nitin Rakesh, CEO and Executive Director, Mphasis, said: “Every enterprise needs the ability to turn raw data into actionable information at scale, the recent worldwide crisis has only accelerated this need. Data and analytics combined with artificial intelligence, will continue to play a dominant role in an effort to predict, prepare and respond to changing needs of the business.”
“Together with Datalytyx and its highly skilled data professionals, we believe Mphasis is distinctively positioned to further fuel our worldwide clients’ transformational projects. This acquisition will not only strengthen our next-gen data strategy but will also be a significant milestone in our journey to build capabilities relevant to the digital priorities of our clients.”
John Webb, Co-Founder, Datalytyx, said: “We are happy to be
a part of the Mphasis family and firmly believe that the collective underlying
beliefs and the joint capabilities will lay a strong foundation for our shared
goals in the future. Our combined expertise will be central to Mphasis’
next-gen data strategy and will further drive our clients’ digital
transformation in Global markets,”
This is the latest in a series of transactions within the technology and digital consultancy space on which Alantra has advised, including the sale of Sol-Tec to Content + Cloud, the sale of Ten10 to Graphite Capital, MML’s investment in Roboyo and BIP’s investment in Chaucer.