Solano Partners Limited, a London-based independent boutique investment bank, servicing fast growing technology businesses has successfully advised the shareholders of Acumen Commercial Insights Limited ("Acumen"), a market leader in Revenue Growth Management ("RGM") solutions, on their acquisition by Infor, a global enterprise software company owned by Koch Industries.
Acumen offers a dynamic suite of cutting-edge software products designed to drive smarter, more informed data-led RGM decision making for consumer goods manufacturers. Acumen's innovative solutions include Acumen Radar, a powerful data analytics and simulation application that helps clients achieve optimal pricing and trade terms; Acumen Invest, an integrated trade promotion management product that leverages automated analytic capabilities to optimise promotion strategies; and a comprehensive suite of specialised data analytics and consulting services, which are supported by the two SaaS products.
Acumen's technology is trusted by an impressive cohort of the world's most well-known multinational consumer goods companies, such as Unilever, Coca-Cola and L'Oréal.
The strategic acquisition signals that enterprise technology platforms continue to proactively seek M&A opportunities and data-intensive analytics capabilities to offer customers contextualised industry-specific insights within their core ERP systems.
Solano acted as exclusive financial advisor to Acumen.
Nick Ryan, Co-Founder of Acumen, commented: "We are excited to become part of Infor, bringing our CPG Revenue management software solutions and strategic consulting practice into the Infor suite. Joining Infor will enable us to leverage the latest Infor technologies to enhance our platforms and speed to market, while enabling us to continue to grow our client base and extend our geographic reach."
Steph Frayne, Founding Director at Solano Partners Limited, commented: "Acumen is a leading expert in revenue growth management; by joining forces with Infor, the company gains the resources to rapidly expand its platform, while strengthening Infor's capabilities in helping customers understand how to translate the deep industry-centric data within their environment into opportunities to generate greater value and profitable growth.
"This strategic deal exemplifies a clear trend we are seeing across the technology M&A landscape, where major software entities are looking to acquire specialised expertise to deepen their product offerings and enhance client relationships. We are delighted to have advised an exceptional company led by an outstanding team of professionals."
For further information visit: Solano Partners