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OneSix completes acquisition of Strong Analytics, pioneering in data and AI services

Jun 10, 2024•about 1 year ago

Acquiring Company

One Six Solutions

Acquired Company

Strong Analytics

ChicagoChicagoInformation TechnologyData MiningConsultingAnalyticsArtificial IntelligenceScience And EngineeringData And AnalyticsInformation TechnologySoftware

Description

OneSix, a leading data services company, has officially acquired Strong Analytics, a machine learning and artificial intelligence consultancy. This acquisition positions OneSix as a pioneer in bridging data engineering, machine learning, and AI services for the enterprise, offering end-to-end solutions to deliver transformative value and maximize business outcomes for its clients.

Company Information

Company

One Six Solutions

Location

Chicago, Illinois, United States

About

OneSix is a leading data consulting company and Snowflake partner, specializing in leveraging data and cloud technologies to address clients' business challenges. Founded in 2013, the company has strategic partnerships with Snowflake, Matillion, Fivetran, Pyramid Analytics, and more to deliver best-in-class solutions to its client base.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed