LONDON, Jan 30 (Bernama-BUSINESS WIRE) — Acuity Knowledge Partners (“Acuity”), a leading provider of high-value research, analytics and business intelligence to the financial services sector, today announces that funds advised by Permira, the global private equity firm, have acquired a majority stake in the business from Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors. Equistone will reinvest in Acuity as a minority shareholder. Acuity’s management team also remains significantly invested in and committed to the business. Financial terms of the deal were not disclosed.
Acuity Knowledge Partners serves a global client base of over 500 financial services firms, including banks, asset managers, advisory firms, private equity houses and consultants. Its diverse team of analysts, industry experts, developers and data scientists work as an extension of clients’ teams and, combined with its proprietary technology solutions, allow clients to transform their practices and processes, increase revenues and maximise operational efficiency. Headquartered in London, Acuity operates globally, including in the UK, USA, India, Sri Lanka, Costa Rica, China and Dubai, UAE.