October, 2017. Peakstone served as exclusive financial advisor to TABS Analytics on its acquisition of Pivotstream. Operating since 1998, TABS Analytics, based in Shelton, Conn., is a technology-enabled analytics firm and its mission is to simplify and improve the way analytics are conducted in the consumer products industry. Operating since 2009, Pivotstream, based in Seattle, Washington, is a global business intelligence firm focused on CPG companies and helps them turn complex data assets into on-demand, self-service reporting so they can fully leverage their data investment.
“The acquisition of Pivotstream represents an important step in TABS’ growth strategy and its platform will be a core component of our service offerings going forward. Pivotstream greatly enhances our technology and business intelligence capabilities,” said TABS Analytics CEO Dr. Kurt Jetta. “The combination of massive data scale, end-user self-service BI, and analytics capabilities against large data sets will enable our current and future clients to amplify the ROI on their data and intelligence investments. Peakstone has been very helpful in our acquisition strategy, provided sound advice, and guided the transaction to closing efficiently and smoothly.”
“We are very excited about being part of TABS Analytics,” said Jeff Elderton, CEO and founder of Pivotstream. “TABS is well-known as the leader in analytical innovation and has a robust arsenal of intellectual property as well as deep consultative expertise. This acquisition accelerates product development and improves the delivery of our joint solutions. Peakstone was essential to completing this transaction, and did outstanding work facilitating the transaction to a successful close.”
Terms of the transaction were not disclosed.
For additional information please contact the following:
Anup Agarwal, Managing Director, 312-204-7300, email@example.com
Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.