Artefact acquires Arca Blanca to double its UK footprint and foster its ambition to become the global independent leader in data consulting
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Dear all,
Today, I am very proud to announce that Artefact is officially acquiring Arca Blanca, a leading AI and data consulting company in the UK, which will double our market share and accelerate our business development. This acquisition represents another key milestone in the Artefact Group’s journey to become a global independent leader in data consulting services.
Pascal Coggia, Managing Partner of Artefact UK, who has contributed to Artefact’s business development since its inception, and Ravi Lal-Sarin, CEO and founder of Arca Blanca share the same ambitious vision and are fully aligned on how to bring the best data consulting, data science and software engineering capabilities to businesses at scale. The complementary expertise of teams across the full range of industry sectors and AI technologies will result in incremental value to our current clients and future ones.
- Since being founded in 2018, Arca Blanca has achieved a compound annual growth rate of around 40%. The company combines data expertise with in-depth business knowledge to resolve complex growth and profitability challenges for clients, who consist of blue chip FTSE 100 and FTSE 250 enterprises. It operates across a wide range of sectors, including healthcare, infrastructure and property, private equity and financial services, thereby complementing Artefact’s strengths, particularly in FMCG, retail, luxury and beauty, and eCommerce.
- Arca Blanca’s experienced team of more than 100 data scientists, technology specialists, business consultants and industry professionals will join Artefact’s data experts; they will be part of the Group’s wider operation that has over 1,000 employees in 19 offices.
This agreement will power a broadened range of data consulting services, with these including the definition of data strategy and governance, the implementation of data platforms and customer data platforms (CDP), the development of advanced AI use cases, change management services, and in-depth user training to ensure maximum ROI is derived from the new solutions.
Along with strong organic growth of more than 40% in 2022, Artefact has deployed a fast moving consolidation strategy with the strategic support of international private equity firms Ardian and Cathay Capital; this aims to triple both our revenue and workforce by 2025:
- In April 2021 we acquired Vivadata to launch the Artefact School of Data, which offers high-level education and training on data and AI to clients and professionals.
- In September 2022 we purchased Start-up Inside to deliver AI hackathons and data democratization through large international conferences.
- In November 2022 we acquired Moroccan consulting Adalyne to accelerate the deployment of Artefact Africa.
We are very excited to welcome Arca Blanca to the Artefact family. Combining the talent of our data experts with the in-depth experience gained through thousands of AI applications positions us as a pivotal player in the UK and beyond as organizations recognise the vital role that data transformation plays in today’s challenging environment.
Along with our consultancy teams around the world, I remain at your disposal to discuss your data challenges and how to overcome them through tangible AI solutions and results.
Kind regards,
Vincent Luciani
Co-founder and CEO of Artefact
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