M&A Deal Summary

Ascent Acquires Mango Solutions

On November 19, 2020, Ascent acquired information services company Mango Solutions

Acquisition Highlights
  • This is Ascent’s 1st transaction in the Information Services sector.
  • This is Ascent’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2020-11-19
Target Mango Solutions
Sector Information Services
Buyer(s) Ascent
Deal Type Add-on Acquisition

Target

Mango Solutions

Chippenham, United Kingdom
Mango Solutions is a data science consulting firm. The Company specializes in the provision of Data Science solutions that help organizations gain actionable insight into their data.

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Buyer(S) 1

Buyer

Ascent

Bristol, United Kingdom

Category Company
Founded 2005
Sector Information Technology
Employees550
DESCRIPTION

Ascent is a European AI and digital services business, helping organisations worldwide connect data, software, and cloud to help customers modernise and innovate, delivering change and scale with less friction and more certainty. Its teams of experts span AI, data science and user experience design, software and data engineering, collaborating with customers to transform operational efficiency, competitive advantage, decision-making and user engagement. Ascent was founded in 2005 and is headquartered in the UK and Munich.


DEAL STATS #
Overall 2 of 4
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
Country: United Kingdom M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-08 Tech Huddle

Chalfont St Giles, United Kingdom

Tech Huddle Ltd. provides software development services with a focus on IP development in the UK market. Tech Huddle Ltd. is one of the fastest-growing IT companies in Bulgaria. Tech Huddle helps companies of all sizes with their offshore IT and IT outsourcing challenges. From start-ups to established companies, Tech Huddle clients have benefited from abundant IT talent in Eastern Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 BiLD Analytics

Lisbon, Portugal

BiLD Analytics is a cloud-first data engineering, BI and analytics consultancy. BiLD Analytics was founded in 2018 and is based in Lisbon, Portugal.

Buy -