Catena Group Plc (Catena) announced its successful acquisition of Insight Capital Partners (Insight), placing of £6.1 million and readmission to trading on AIM.
Insight is an artificial intelligence company that combines quantitative research, data engineering and machine learning to deliver bespoke analytical tools to financial services clients. This allows them to extract data from outdated platforms and improve the accessibility and knowledge locked within.
Catena’s acquisition of Insight is a first step to a broader strategy to capitalise on growth opportunities in AI and machine learning. It represents the beginning of a new and exciting chapter for the company.
The Capital Markets team at Crowe were extremely professional and efficient throughout the transaction. This deal marks an important step in our growth strategy and we are impressed by Crowe’s ability to support our growth aspirations."
Matthew Farnum-Schneider, Executive Chairman, Catena