October 2024
Ebco Trends
Canaccord Genuity Advises Ebco Trends on its Sale to Dig Insights, a Beringer Capital Portfolio Company
Canaccord Genuity has advised Ebco Trends, a US-based, trend-powered innovation company, on its sale to Dig Insights, a leader in insights R&D and a portfolio company of Beringer Capital, a private equity firm specializing in the media, marketing, information, and technology sectors. The acquisition meaningfully expands Dig’s service offering in the trends and foresight space, marking a significant step forward in enhancing the company’s front-end innovation capabilities. Canaccord Genuity also led the sale of Dig Insights to Beringer in September 2022.
Founded in 2015, Ebco has built a reputation for uncovering emerging trends that will shape the future of industries with its unique ability to connect the dots across culture, product, and consumer signals. By leveraging custom methodologies, the company specializes in delivering actionable innovation ideas rooted in foresight and tailored insights programs to help solve the innovation challenges of brands across a range of industries, from CPG to healthcare to technology.
Dig Insights is a tech-enabled insights and analytics company that helps the world’s most recognizable enterprises move beyond consumer-centric to decision-centric. Dig helps clients uncover insights that will motivate consumer decisions, identify how to translate those insights into in-market action, assess, optimize, and build a business case for innovation, and track innovation performance in market. Leveraging proprietary technology – including its state-of-the-art Upsiide SaaS platform – sophisticated AI, and patented data modelling, the company has become a leading innovation and insights partner for brands globally.
Expanding Dig’s capabilities to drive synergistic revenue streams has been key to the company’s growth strategy since Beringer invested in 2022. The acquisition of Ebco builds on and complements Dig’s strengths, enabling the company to become a more comprehensive partner to clients. Combining Dig’s quantitative analytics and technology leadership with the foresight capabilities of Ebco will unlock deeper understanding of consumer decisions, allowing the team to deliver increasingly impactful insights to brands and continue pushing the boundaries of data-driven innovation.
Beringer Capital is a leading private equity firm specializing in the media, marketing services, and technology sectors. Through its disciplined investment strategy, Beringer Capital partners with companies to drive growth, innovation, and operational excellence.