Incremental Group
has acquired data analytics business, Adatis, in a deal that
deepens Incremental's capabilities in the attractive data analytics
market.
As an enlarged group, Incremental now has 350 employees and in
the half-year to September 2021 achieved pro forma revenues of
£18.5m and EBITDA of £4m.
In tandem with the acquisition of Adatis, Incremental has
secured significant additional debt capacity through its new HSBC
facilities, allowing the group to continue its pursuit of strategic
acquisitions. The deal to acquire Adatis follows the acquisition of
Glasgow based financial services experts, Redspire, in January
2021.
With offices in London, Surrey, Bulgaria and India, Adatis is a
Microsoft gold partner specialising in advanced data analytics,
from data management strategy and consultancy to managed
services.
Neil Logan, CEO of Incremental (pictured) said: "Our purpose is
to enable organisations to digitally transform. Adding robust data
capability and expanding into the data analytics market is core to
this. Acquiring a business in this space immediately strengthens
the group and allows us to deliver more value to customers."
Incremental helps public sector, not for profit and commercial
organisations digitally transform with Microsoft technologies and
it is in the top tier of Microsoft Dynamics partners worldwide.