Infogix, which is backed by Thoma Bravo, has acquired Lavastorm, a provider of data preparation and advanced analytics. No financial terms were disclosed.
NAPERVILLE, ILL. (PRWEB) MARCH 23, 2018
Infogix, Inc., a leading data and analytics software provider, today announced its acquisition of Lavastorm, a leading data preparation and advanced analytics company. The terms of the transaction were not disclosed.
In an ever more competitive business landscape, organizations must continually innovate to maximize the value of their data assets. As big data becomes the norm, organizations are focused on collecting increasingly large amounts of data, yet the transformation of that data into actionable business insights is too often an afterthought. Extracting this critical information is difficult for organizations because it comes from myriad sources and is spread across various teams and silos. The Lavastorm data preparation and analytics platform provides enterprise-grade business applications with intuitive data preparation and agile analytics, enabling organizations to unlock their data’s full potential. The solution allows business users to quickly and easily build analytical applications at scale, across multiple, disparate data sources, in a highly transparent, visual and collaborative way.
The acquisition, effective immediately, is designed to fuse Infogix’s data management heritage with Lavastorm’s data preparation and advanced analytics capabilities. The resulting streamlined approach will enable IT, data experts and business process owners to extract, prepare and analyze data from various sources and deliver these applications to end users directly or through data visualization tools.
“Gaining a competitive advantage isn’t just about an ability to leverage analytics; it’s about empowering users to easily run analytics and quickly get answers. It is about speed to insights,” said Emily Washington, senior vice president of product management at Infogix. “By integrating capabilities into our platform, we can stay ahead by providing our customers with more intuitive, visual interfaces allowing them to acquire, prepare, design and analyze data in record time.”
As a pioneer in data quality, Infogix continues to leverage new technologies such as big data, machine learning and advanced analytics to ensure data accuracy across the entire data supply chain, helping customers establish trust and harness data in pursuit of business excellence. With accurate, trusted data, organizations can drive revenue, optimize investments and reduce risk. The Lavastorm addition means that the depth and strength of the company’s analytics and data prep expertise will be expanded both through products and resources, and Infogix will provide a critical component of data governance to the already strong data prep capabilities that Lavastorm brings to the table. The combined offering will result in a stronger data management solution, providing improved functionality and faster speed to insights.
Infogix was acquired in 2016 by Thoma Bravo, LLC, a leading private equity investment firm. In 2017, Infogix acquired both Data3Sixty and Data Clairvoyance Group, bolstering its data governance capabilities and its ability to advise clients on data management. Infogix’s acquisition of Lavastorm further establishes itself as an industry leader in the data management market by strengthening its data preparation and data governance capabilities.
“With its recent acquisitions, Infogix strengthened their already best-in-class data management platform; joining forces with them made sense,” said Tim Segall, CEO of Lavastorm. “By combining Infogix, Data3Sixty and Lavastorm, we can provide a deeper set of capabilities across data preparation and data analytics to help businesses gain a competitive advantage by swiftly unlocking the potential of their data.”
To learn more about Infogix, visit http://www.infogix.com or @infogix.
About Infogix, Inc.
Integrity is fundamental in data, just as in business. Infogix’s data integrity and data governance solutions, powered by advanced analytics and big data, ensure that organizations can maximize the value of their data. Data’s value is unlocked when users trust that data is accurate, can operationalize insights from raw data, and all stakeholders understand and agree on what data means. For 35 years, our global customers have relied on Infogix data and analytics software solutions to reduce risk, support regulatory compliance, improve profitability and substantially enhance operational efficiencies. To learn more visit http://www.infogix.com or @Infogix.
About Thoma Bravo
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $18 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, PowerPlan, Riverbed, SolarWinds, SonicWall, Sparta Systems and TravelClick. The firm has offices in San Francisco and Chicago. For more information, visit http://www.thomabravo.com.