IT consultancy Concord buys data specialist Evolytics
Concord, a Minneapolis-headquartered management and technology consulting firm, has acquired Evolytics, a data analytics consulting firm.
Founded in 2005, Evolytics helps financial services, technology, and ecommerce companies leverage their data with analytics tool implementation, meaningful insights, and training. The firm’s consulting offerings include data strategy, collection, engineering, visualization, and training; its solutions offerings span digital, marketing, customer care, product, and business analytics.
Evolytics has more than 70 people, according to LinkedIn, and is based in Parkville, MO.
Concord’s acquisition of Evolytics will strengthen its data analytics capabilities and add a new office in the Kansas City area.
“Their extensive expertise in data and marketing analytics complements Concord’s cloud, integration, application development, and data offerings,” said Florin Ibrani, CEO of Concord. “Joining forces expands our ability to serve new and shared customers with a wider array of relevant offerings.”
Concord was founded in 2003 and has more than 400 people across offices in Minneapolis, Charlotte, and Chicago, as well as delivery centers in Bulgaria and India. The consultancy has practices in digital and user experience, business strategy and alignment, cloud applications and integration, data solutions and analytics, information security, and quality engineering.
Concord works with companies in the healthcare, technology, manufacturing, and financial services industries. The firm is a portfolio company of private equity firm H.I.G. Capital.
“This is an exciting new chapter in Evolytics’ growth story,” said Carey Wilkins, president of Evolytics. “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.”
Carey Wilkins and Tom Wilkins, CEO of Evolytics, will continue to lead their team within Concord, with a focus on day-to-day operations and sustaining growth.