NTT Data buys Atlanta-based Aspirent

27 October 2022 Consulting.us 2 min. read
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NTT Data, a global IT consultancy, has agreed to acquire Aspirent, a data, analytics, and advisory firm headquartered in Atlanta. The deal is expected to close by mid-November.

Founded in 2012, Aspirent is an employee-owned firm that provides consulting services in data strategy, technology roadmapping, technology due diligence, data engineering and warehousing, governance, digital product development, program and product management, and change management, among other offerings.

NTT Data’s acquisition of Aspirent will add over 230 professionals to its digital transformation services team and will strengthen its data engineering capabilities with key partners including Azure, AWS, Databricks, and Snowflake.

“As we help our clients navigate critical business challenges through the use of data, this acquisition expands and strengthens NTT DATA’s analytics and advisory capabilities,” said Wayne Busch, group president, consulting and digital transformation, NTT Data Services.

NTT Data buys Atlanta-based Aspirent

The deal will see private equity firm Summit Park exit its majority stake in Aspirent.

The transaction builds on NTT’s acquisitions of Postlight, a New York-based digital strategy, design, and engineering company, and Chainalytics, an Atlanta-based supply chain consultancy.

Andrew Wells, CEO of Aspirent, added, “As a purpose-built analytics consulting firm focused on solving complex data-driven business challenges, we have spent a decade helping our clients run towards change. The opportunity to join NTT DATA will strengthen our ability to deliver the end-to-end global solutions our clients require and bring exciting new opportunities to our colleagues and communities.”

NTT Data is one of the top six largest IT services firms in the world, with 139,500 global employees and over $20 billion in annual revenue. The firm provides services in application development, business process outsourcing, IT infrastructure, and consulting, with practices covering digital operations, cloud transformation, data intelligence and automation, customer experience, and cybersecurity.