Resultant buys Teknion Data Solutions, expands to Texas
Resultant, an Indianapolis-headquartered technology consultancy, has acquired Teknion Data Solutions, an Irving, TX-based full-service data analytics consultancy.
Founded in 1999, Teknion helps organizations create data and analytics strategy, migrate data to the cloud, visualize data, implement governance, and train their teams to effectively use data platforms.
The firm has approximately 60 data engineering, business intelligence, and sales, and support professionals. The Dallas-area company has a client roster of more than 150 organizations in a range of industries, including healthcare, energy, financial services, and transportation.
Resultant’s acquisition of Teknion will expand the IT firm’s physical presence into Texas. As part of the deal, Teknion’s Irving office will join the Resultant brand and grow the company to 450 employees.
“We are thrilled to welcome Teknion’s proven data solutions business and outstanding team, as we continue to drive growth and ensure we are delivering best-in-class solutions and services to our clients,” said Mark Caswell, CEO of Resultant. “The addition deepens our expertise in key solutions like Snowflake, Tableau, WhereScape, and Alteryx. It also strengthens our Data Managed Services offering, allowing us to add Data Governance and Data Quality as a Service.”
The acquisition is Resultant’s fourth and largest in three years, following deals for Tempus Nova in 2021, Advocate Solutions in 2020, and Connect Think in 2019.
The consulting firm has posted rapid 375% growth in the last three years, with 70% driven by organic growth and 30% through M&A.
The addition of Teknion’s Irving locations gives Resultant seven US offices, including in Indianapolis and Fort Wayne, IN; Lansing, MI; Columbus, OH; Denver, CO; and Atlanta, GA.
Steve Agee, president of Teknion, said, “Resultant’s interest in incorporating our team into their business validates the strength of our offerings, the power of our close and recurring client relationships, and our talented team. I am proud of the Teknion team’s accomplishments, and I am very pleased that we will advance our offering as part of the Resultant team.”
Resultant provides services in technology strategy and planning, data analytics, managed services, application development, and cloud and network solutions to more than 700 public and private sector clients. The firm’s technology partners include Microsoft, Google, and AWS.
