Ascent

Canaccord Genuity has advised Ascent, a portfolio company of Horizon Capital on sale to Acuity Knowledge Partners

Canaccord Genuity is pleased to announce that it has advised Ascent, a Horizon Capital-backed leading provider of Microsoft-focused, AI-driven digital transformation services, to Acuity Knowledge Partners (Acuity), a portfolio company of Permira and Equistone Partners Europe. 

Ascent supports more than 170 clients worldwide with a team of 550 data, software, and cloud specialists operating across multiple European jurisdictions. The company helps organisations connect data, software, and cloud technologies to modernise and innovate. Its experts in AI, data science, user experience design, and software and data engineering work closely with customers to enhance operational efficiency, competitive advantage, decision-making, and user engagement.

The acquisition strengthens Acuity’s strategy to expand its data and technology services division and marks its entry into new sectors, including reinsurance, pharmaceuticals, manufacturing, and retail. It also enables Acuity to scale its AI-driven services and solutions globally.