Equiteq advises Practicus on the acquisition of Incite BI
Consulting sector merger and acquisition specialist Equiteq is pleased to announce that its client, Practicus, has successfully acquired Incite BI, a business with deep expertise in transformational projects around Data, Business Intelligence and Customer Analytics.
Practicus is an international project and change management business focused on helping organisations change. Their services are designed to support their clients with technology and business transformation – from helping to formulate what it looks like through to delivering it in a variety of ways and ensuring it is sustainable.
Darren Tolhurst, Practicus CEO, said:
“We increasingly see big data, business intelligence and analytics as a key element in business transformation and predict it will be so for many years to come. The acquisition of Incite BI shows our ongoing commitment to widen our capabilities and meet our clients’ needs. Both companies offer an alternative approach to traditional consultancy, leveraging well-developed communities of expert practitioners in conjunction with in-house teams to create the flexibility, capability and scale to meet client requirements.”
David Bardoe-Pout, Practicus CFO, said:
“We are delighted with this acquisition and the support received from Equiteq throughout the process. Equiteq have been supporting our growth for over a year now and we look forward to maintaining the partnership”.
Paul Collins, Equiteq CEO, said:
“This is a logical next step for Practicus as they grow their innovative Consulting proposition. Incite provides deep domain expertise and skills in subjects in great demand in both the Practicus and wider client base. We look forward to supporting their ongoing growth.”
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