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Lovelytics completes acquisition of Datalytics to strengthen Databricks leadership

Jan 30, 2025•6 months ago

Acquiring Company

Lovelytics

Acquired Company

Datalytics

ArlingtonCiudad de Buenos AiresAnalyticsNatural Language ProcessingBig DataMachine LearningArtificial IntelligenceConsultingAnalytics

Description

Lovelytics, a leading data, AI, and analytics consulting firm, proudly announces the acquisition of Datalytics. This marks a significant step in expanding Lovelytics' global footprint and expertise in Databricks Data Intelligence Platform migrations, creating a 340-person pure-play Databricks consulting firm, backed by Databricks Ventures and Interlock Equity.

Company Information

Company

Lovelytics

Location

Arlington, Virginia, United States

About

Headquartered in Arlington, Virginia, Lovelytics is a leading data, analytics, and AI consulting firm, providing data advisory, enterprise data environment design and implementations, data science and machine learning, generative AI, data visualization, and training services to organizations across the world. For more information visit https://lovelytics.com/.

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

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