Acuity Knowledge Partners demonstrates continued momentum with strong growth in 2019
The company logged another year of double-digit growth with strong acquisition of new customers and increasing business from existing customers.
London, United Kingdom – 28 January 2020 – Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the global financial services industry, announced today that it achieved record sales growth in 2019. It added over 50 new clients to its roster and now has over 300 financial services customers.
Acuity divested successfully from Moody’s Corporation in November 2019 and continued to report strong growth in 3Q and 4Q. Following last year’s success and with a robust sales pipeline in place, it forecasts double-digit revenue growth for 2020.
“2019 was a remarkable year for Acuity in terms of growth in sales, expansion of business with existing customers, and the launch of a new and independent brand following the management buy-out supported by Equistone Partners Europe,” said Robert King, Chief Executive Officer of Acuity. “We are investing in our infrastructure, people, technology and information security as our clients continue to demand more from us. Our continued strong growth after rebranding indicates that the market is increasingly aware of the value and benefits we deliver to our customers.”
“Acuity has a proven track record of serving a global client base of blue-chip financial institutions, for whom we work tirelessly to provide a return on their investments and ensure change is profitable,” said Damian Burleigh, Acuity’s Chief Revenue and Marketing Officer. “Our investments in automation technologies are bearing fruit. Our clients are benefiting from our market-leading model of augmenting domain experts with technology and automation solutions, driving efficiency and superior business decisions.”
About Acuity Knowledge Partners
Acuity Knowledge Partners, formerly part of Moody’s Corporation, is a leading provider of bespoke research, analytics, and staffing and technology solutions to the financial services sector. Headquartered in London, Acuity has nearly two decades of transformation experience in servicing over 300 clients with a specialist workforce of over 2,500 analysts and delivery experts across its global delivery network.
We provide our clients with unique assistance not only to innovate, implement transformation programmes and increase operational efficiency, but also to manage costs and improve their top lines. These services are supported by our proprietary suite of Business Excellence and Automation Tools (BEAT) that offer domain-specific contextual technology.
Acuity is backed by Equistone Partners Europe, a leading private equity organisation that backs specialist growth businesses and management teams.