Press Release
Incremental Group acquires Adatis
Incremental deepens its capabilities in data analytics with its second acquisition of the year
- London based Adatis is a Microsoft gold data analytics business
- New acquisition deepens Incremental’s end-to-end digital transformation capabilities
- Incremental’s H1 FY22 shows pro forma revenues of £18.5m and EBITDA of £4m
- Incremental continues its journey to achieve revenues of £60m and 500 employees by 2023
- New funding capacity will enable strong organic growth to be bolstered with further complementary acquisitions
Glasgow, 21 October 2021. Digital technology services provider, Incremental Group, has acquired data analytics business, Adatis, in a deal that deepens Incremental’s capabilities and reach in the attractive data analytics market.
As an enlarged group, Incremental now has 350 employees and closed out the half-year to September 2021 with pro forma revenues of £18.5m and EBITDA of £4m.
In tandem with the acquisition of Adatis, Incremental has secured significant additional debt capacity through its new HSBC facilities, allowing the group to continue its pursuit of strategic acquisitions.
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.
Discussing the acquisition, Neil Logan, CEO of Incremental said: “Incremental’s purpose is to enable organisations to digitally transform. Adding robust data capability and expanding into the data analytics market is core to this. Acquiring a business in this space immediately strengthens the group and allows us to deliver more value to customers. I am delighted to welcome Adatis to the group.”
Sacha Tomey, Co-Founder of Adatis said: “We are proud of the business we have built at Adatis and are excited for it to be taken to the next level with the support of Incremental. Adatis will benefit from the strength of Incremental to enable us to continue to scale, ensuring long-term sustainability and success.”
Incremental helps public sector, not for profit and commercial organisations digitally transform with Microsoft technologies. It is in the top tier of Microsoft Dynamics partners worldwide and has supporting Microsoft Power Platform, Modern Workplace and Azure services. Its customer base includes Admiral Insurance, Virgin Money, National Highways and the NHS. It is backed by private equity from Dunedin.
With business performance remaining strong throughout the pandemic, Incremental has now completed its second acquisition of 2021, following the acquisition of fellow Microsoft Dynamics partner and financial services experts, Redspire, in January 2021. The enlarged group is on track to deliver revenues in excess of £40m and EBITDA approaching £9m for the financial year to March 2022. Its ambition to achieve revenues of £60m with more than 500 Incrementalists by 2023 is firmly in its sights.
Pareto Charts in Power BI and the DAX behind them
The Pareto principle, commonly referred to as the 80/20 rule, is a concept of prioritisation.
Apr
Databricks: Cluster Configuration
Databricks, a cloud-based platform for data engineering, offers several tools that can be used to
Apr
AI Assistance in Microsoft Fabric
The exponential growth of Large Language Models (LLMs) couples with Microsoft’s close partnership with OpenAI
Apr
10 reasons why it’s worth the effort to understand the value of your data
“If leaders really want to create a data driven culture, the journey starts with them!
Apr
Content Safety in Azure AI Studio
Azure AI Content Safety is a solution designed to identify harmful content, whether generated by
Apr
Model Benchmarks in Azure AI Studio
In the constantly changing field of artificial intelligence (AI) and machine learning (ML), choosing the
Apr
Celebrating International Women’s Day: from Classroom to Code
As we celebrate International Women’s Day, I want to share my journey of breaking stereotypes
Mar
Pretty Power BI – Adding Pagination to Bar Charts
Good User Experience (UX) design is crucial in enabling stakeholders to maximise the insights that
Feb