Incremental adds Adatis to boost data analytics reach
Neil Logan: strengthening the group
Digital technology services provider, Incremental Group, has acquired data analytics business, Adatis, in a deal that deepens Incremental’s capabilities and reach in the market.
As an enlarged group, Incremental now has 350 employees and closed out the half-year to last month with pro forma revenues of £18.5m and EBITDA of £4m.
In tandem with this latest acquisition, Incremental has secured significant additional debt capacity through its new HSBC facilities, allowing the group to continue its pursuit of strategic acquisitions. Terms of the deal were not disclosed.
London and Surrey based, with offices in Bulgaria and India, Adatis specialises in advanced data analytics, from data management strategy and consultancy to managed services. It is a Microsoft gold partner for a number of competencies including data analytics and data platform.