July 2024
Bardess Group
Canaccord Genuity Advises Bardess Group on its Sale to Cleartelligence
Canaccord Genuity has advised Bardess Group, a data and analytics firm that leverages cutting-edge technologies to facilitate end-to-end digital transformation for clients, on its sale to data strategy and analytics consulting firm Cleartelligence, a portfolio company of Align Capital Partners. The addition of Bardess® extends Cleartelligence’s solution offerings and deepens its industry expertise – solidifying the company as a leading independent data strategy advisory firm.
Bardess is an award-winning innovative data analytics and data science solutions provider. For more than 20 years, hundreds of Fortune 500 and mid-sized companies have trusted Bardess with their most critical data needs. Clients choose the company because of its extensive experience, innovative capabilities, and deep talented roster comprised of data scientists, data engineers, and business leaders.
Delivering maximum value from data is Bardess’ primary focus. Through its award-winning value acceleration framework, Zero2Hero®, Bardess is able to create value faster, smarter, and more cost-effectively than clients ever thought possible. The company’s unwavering focus on Rapid-Time-to-Value in process and technology allows it to provide results at unparalleled speed. Headquartered in Randolph, New Jersey, Bardess serves blue-chip enterprise customers across a variety of industries, including technology, financial services, healthcare, and life sciences.
Cleartelligence is an AI-first, data and analytics consultancy that helps clients connect data to business strategy – envisioning, designing, and implementing data solutions into strategic decision-making, thereby accelerating value creation. The business was founded in 2011 and offers a range of technology services and advanced analytics solutions across cloud architecture, data management, data visualization, artificial intelligence, and machine learning. Cleartelligence helps clients leverage the modern data stack to transform insights across their organizations, resulting in accelerated business value and a compelling ROI. The company leverages strategic partnerships with top-flight technology platforms, such as Snowflake, Databricks, Fivetran, Dbt, Tableau, and others, to serve clients across key end markets, including life sciences, financial services, and manufacturing.
Bardess marks the first transformative add-on for Cleartelligence since partnering with Align Capital Partners (ACP) in December 2022, and is a significant milestone in the company’s growth journey. Together, Cleartelligence and ACP will continue to pursue strategic add-on acquisitions to deepen and expand the company’s service offerings.
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. The firm manages $1.6 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees, and the firm’s investors. The firm makes control investments in differentiated companies within the business services, technology, specialty manufacturing, and distribution sectors.
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