UK-based marketing analytics firm, Magic Numbers has been acquired by US-based, Analytic Partners, the leader in Commercial Analytics.
Advised by SI Partners, Magic Numbers' acquisition will enable it to further improve its offerings and benefit from Analytic Partners’ scale, technology platforms and global presence.
Magic Numbers will remain an independent brand and will continue to build its client base. Magic Numbers will gradually be incorporated into the Analytic Partners' network as the two organisations work together in transition.
The strategic acquisition of Magic Numbers accelerates Analytic Partners’ drive to expand its leadership in Commercial Analytics and to penetrate deeper into the UK and EMEA markets.
"Analytic Partners is a pioneer and innovator in moving beyond marketing mix modelling by championing a commercial lens on analytics, and by creating a technology platform to provide decisioning tools for the world's leading brands," said Analytic Partners' President and CEO Nancy Smith. "As a founder myself, I have a great deal of respect for what Dr Grace Kite has built with Magic Numbers. Adding Magic Numbers to our strong global team of thought leaders and change management agents will achieve meaningful synergies that will increase value for both our customers and our teams."
"We're feeling full of optimism for the future that's opening up" said Dr Grace Kite, Founder of Magic Numbers and training brand, Magic Works. "Our new friends at Analytic Partners share our commitment to empowering people to make brilliant commercial and marketing decisions. Together, we'll bring fabulous technology and tools to the UK and be even better partners to our clients' people, wherever they are in the world."
Read the full press release on PR Newswire.