Accordion, a private equity-focused financial and technology consulting firm, has signed a definitive agreement to acquire Merilytics, a provider of analytics, data management and business intelligence reporting services.
Founded in 2011 and headquartered in Hyderabad, India, Merilytics uses decision sciences and an analytics-based approach, aiming to deliver data-driven returns for its private equity-focused clients in industries including CPG (consumer packaged goods) and retail, healthcare, logistics and transportation, media and entertainment, technology and IT, industrials and consumer services, among others. The company’s approximately 500 professionals work with more than 80 clients to build data management, analytics and reporting services, working to drive insights, decision-making and better efficiencies and improvements across businesses. The acquisition of Merilytics looks to build Accordion’s data and analytics practice to strengthen its support for CFO clients.
“Merilytics’ best-in-class solutions for financial analytics, operational analytics, and data management will be a tremendous addition to Accordion’s ability to deliver long-term client value,” says Nick Leopard, CEO and founder, Accordion.