Alantra advises Objectivity on its sale to Accenture
London – Alantra, the global investment banking firm, has advised the shareholders of Objectivity on the sale of the business to Accenture.
Founded by Rob Helle in 1991 and headquartered in Coventry, Objectivity is an international IT software development company specialising in delivering custom software solutions, digital transformation, and IT consulting. Objectivity’s staff work with clients from a range of industries, including retail, health and social care, finance, manufacturing, and others.
This transaction underscores Alantra’s position as a leading advisor to businesses and investors in the technology consulting sector. It is the Technology team’s eighth technology consulting deal globally in 2023, having previously advised Perwyn on its investment in Datatonic, CloudStratex on its sale to Brillio, and FSP on its secondary private equity deal with CBPE, among others.
James Chapman-Andrews, UK Head of Technology, commented, “CEO Rob Helle and the Objectivity team have built a phenomenal business with an unparalleled delivery footprint and this transaction marks a major milestone for them. It has been a pleasure working closely alongside the team for the last 18 months to prepare for this event and we look forward to following their progress in this next chapter. Global strategic and financial investors are actively pursuing opportunities, like Objectivity, that are driving growth through in-demand capabilities, a world-class client base and an established UK and European presence.”