Aspirent Completes First Acquisition to Expand Consulting Practices

ATLANTA & DALLAS–(BUSINESS WIRE)–Aspirent, a portfolio company of Summit Park, is pleased to announce the acquisition of the Digital, Financial Services, and Real Estate consulting practices of Saxony Partners, LLC (“Saxony” or “the Company”), a leading technology services firm located in Dallas, TX.

Founded in 2011, Saxony leverages technology and industry experience to help clients unlock their data to solve business problems and create new digital capabilities. Saxony provides digital services across a range of industries with a particular focus on Financial Services and Real Estate verticals, and the Company’s clients range from global enterprises to large regional businesses. Saxony’s consulting services focus on digital transformation while the Company’s managed services offering supports clients’ data management and application support needs.

Aspirent, headquartered in Atlanta, GA, is a professional services firm providing management and technology consulting services focused on data and analytics. Aspirent combines strong advisory, data, analytics, and technology capabilities to help companies solve their data related problems and capitalize on the opportunities better understanding their data affords.

Andrew Wells, CEO of Aspirent, said, “This combination brings an incredible team and a new suite of digital capabilities to our business at Aspirent. Saxony accelerates our vision to become the premier national data and analytics consultancy and we see a tremendous opportunity in bringing greater depth and enhanced capabilities to our clients.”

Mike York, a Principal at Summit Park, added, “A key part of our investment strategy with Aspirent has been to build a bigger, more geographically diverse business able to offer a broader array of high value services. Saxony represents an ideal fit based on their strong team, digital capabilities, and leading presence in the fast-growing Dallas market. While Aspirent has been a tremendous growth story on its own, this combination extends Aspirent’s reach and allows us to become a stronger partner to our clients.”

About Aspirent

Aspirent provides strategic consulting, cloud development, and project execution services related to data and analytics for blue-chip clients located throughout the United States. Aspirent’s clients are Fortune 500 companies across various end markets, including consumer goods, industrial products, communications, and healthcare. Engagements with Aspirent typically involve solving clients’ evolving data-related business problems through a combination of applied data science, information management, cloud development and migration, data visualization, and project management. For more information, visit www.aspirent.com.

About Summit Park

Summit Park is a Charlotte, NC-based private investment firm focused exclusively on the lower middle market. The firm invests across a range of industries, including services, consumer, and industrial growth in the Eastern half of the United States. The firm’s capital can be used to facilitate a change in ownership, to support expansion and growth, to provide partial liquidity to existing owners, or to support an industry consolidation plan. For more information, visit www.summitparkllc.com.

Contacts

Liz Kettler, lkettler@summitparkllc.com