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Equistone-backed Acuity Knowledge Partners acquires Cians Analytics

Acuity Knowledge Partners (Acuity), a provider of high-value research, analytics and business intelligence to the financial services sector, and a portfolio company of Equistone, has acquired Cians Analytics (Cians), a provider of research and analytical support for financial institutions. 

Acuity Knowledge Partners (Acuity), a provider of high-value research, analytics and business intelligence to the financial services sector, and a portfolio company of Equistone, has acquired Cians Analytics (Cians), a provider of research and analytical support for financial institutions. 

The acquisition represents the first bolt-on transaction made by Acuity since its buyout by Equistone, a European mid-market private equity investor, in 2019. Following the acquisition, all Cians employees will join the Acuity workforce, taking its global headcount to over 5500 employees.

The acquisition will allow Acuity to offer enhanced support in the field of knowledge process outsourcing (KPO) and help streamline the operations of financial firms globally. The financial terms of the transaction were undisclosed.
 
Cians Analytics aims to enable investment banks, private equity funds and corporations to do more with their time while significantly reducing operating costs. Its diverse pool of talent, including financial researchers, developers and data scientists, allows the in-house teams of Cians’ clients to better focus on strategic initiatives and increased output. Challenging economic conditions, the migration of finance talent into the technology sector and disruptions in the financial services space have significantly increased demand for these services. Cians’ product offering also includes LeverData, a proprietary data ingestion, validation and management platform which helps customers eliminate the data reliability issues that often plague financial services firms, saving them money, resources and valuable time.

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