Consultancy firm Projective Group has acquired specialist data consultant DTSQUARED to help it increase its own capabilities and expand across the Europe.
Through this acquisition, Projective hopes to provide its customers with a new data management and governance solution. Clients will be able to design, establish and implement efficient data solutions to improve business value.
DTSQUARED’s team of 85 will help bolster Projective’s expertise in data, it said. Furthermore, DTSQUARED’s client base, which spans multiple sectors and strategic relationships with technology partners, will also help Projective increase its market reach.
Projective Group CEO Stefan Dierckx said, “Together with DTSQUARED, we can now better serve our current and future clients in answering business problems and creating value in a complex market with even more demanding regulations. This partnership represents the start of the next phase of growth for Projective Group and we are delighted to welcome DTSQUARED to the team.”
DTSQUARED empowers clients to unlock their data for strategy and business decisions. Its technology also ensures companies are able to meet regulatory compliance requirements.
As part of the deal, its brand and operational management maintain their positions. DTSQUARED CEO Toby Pearson has also joined the Projective board of directors to support the merge.
Pearson said, “Together, our shared knowledge, expertise and ambitions uniquely position us within Europe to cater to all client demands both now and in the future. We will scale, affording all our employees a greater breadth of opportunities across a wider geography which will ensure that we continue to maintain and attract the highest of standards.”
The investment was supported by Projective’s recent funding round, which closed in April.
Copyright © 2021 FinTech Global