Jamieson is pleased to announce that it has advised the management team of Acuity Knowledge Partners (“Acuity”) on the sale of the business to Permira, with Equistone retaining a minority stake.
Acuity is a leading provider of high-value research, analytics and business intelligence to the financial services sector. Acuity 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.
Acuity has recorded strong organic growth since it was established as an independent business in 2019 through a management buyout from Moody’s Corporation supported by Equistone. Last year the business completed the acquisition of Cians Analytics, a provider of research and analytical support for financial institutions, expanding its client base and service offering. Under the Permira funds’ ownership, and with Equistone’s continued support, Acuity will invest further in its teams, services and technology, positioning the business to best support its clients worldwide.
Stuart Coventry, David Kirkpatrick and Henry Balcerak advised the Acuity management team on the transaction.