H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $48 billion of equity capital under management, is pleased to announce that its portfolio company, Concord USA, LLC (“Concord”), has acquired Evolytics, LLC (“Evolytics”), which represents Concord’s second add-on acquisition this year.
“Evolytics has built a strong culture and is recognized as an outstanding place to work. Evolytics employees prioritize customer relationships and consistently deliver data solutions that add significant business value for their clients”
Headquartered in Kansas City, Missouri, Evolytics provides digital analytics and consulting services to leading enterprise customers and brands worldwide. With expertise in data and marketing analytics, Evolytics supports digital transformation and growth initiatives for customers primarily in the financial services, technology, and ecommerce industries.
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“Evolytics has built a strong culture and is recognized as an outstanding place to work. Evolytics employees prioritize customer relationships and consistently deliver data solutions that add significant business value for their clients,” stated Florin Ibrani, Concord’s Chief Executive Officer. “Their extensive expertise in data and marketing analytics complements Concord’s cloud, integration, application development, and data offerings. Joining forces expands our ability to serve new and shared customers with a wider array of relevant offerings.”
“The Concord partnership will propel our next phase of growth and the combination of our organizations will help us deliver superior outcomes for our clients,” remarked Tom Wilkins, Chief Executive Officer of Evolytics. Carey Wilkins, President of Evolytics added, “This is an exciting new chapter in Evolytics’ growth story. By partnering with Concord, we can now provide end-to-end data services that integrate back-end operational systems with optimized front-end marketing experiences. In addition to bringing expanded capabilities to our clients, we will be able to offer broader data analytics career opportunities to our team.”
Kevin Van Culin, Managing Director at H.I.G., commented, “We believe the combination with Evolytics strengthens Concord’s capabilities in the high growth data and marketing analytics sector. We are excited to continue Evolytics’ legacy of outstanding customer outcomes.”
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