Accordion, a private equity-focused financial and technology consulting firm, is to acquire Merilytics, a provider of analytics, data management, and business intelligence reporting solutions to businesses around the world.
With private equity sponsors and CFOs putting increased emphasis on data & analytics to drive insights that enable faster value creation decisions, Accordion says the acquisition of Merilytics will be the foundation of is Data & Analytics Practice to strengthen long-term support for its CFO clients.
Financial terms of the private transaction have not disclosed.
Founded in 2011 and headquartered in Hyderabad, India, Merilytics uses decision sciences and an analytics-based approach to generate data-driven returns for its PE-focused clients, which span a range of industries including CPG & Retail, Healthcare, Logistics and Transportation, Media & Entertainment, Technology and IT, Industrials, and Consumer Services, among others. Merilytics’ ~500 professionals work with more than 80 clients to build comprehensive data management, advanced analytics, and reporting solutions that generate high-quality insights, enable better decision-making, and drive efficiencies and improvements across the business.