Accelerated Growth Continues For Cleartelligence With Acquisition Of Bardess Group

CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners’ (“ACP”) data strategy and analytics consulting firm Cleartelligence (or the “Company”) announced today it has acquired Bardess Group (“Bardess”). Bardess is a data and analytics firm that leverages cutting-edge technologies to facilitate end-to-end digital improvement for clients. The acquisition extends Cleartelligence’s solution offerings and deepens its industry expertise – solidifying the Company as a leading independent data strategy advisory firm.

Headquartered in Randolph, New Jersey, Bardess serves blue-chip enterprise customers across a variety of industries including technology, financial services and healthcare & life sciences. “Bardess was built on the core tenet of providing highly technical data services to premier clients – from data strategy and engineering to data science,” said Bardess co-founders Joe DeSiena and Barbara Pound. “Cleartelligence shares our same commitment to driving transformative client outcomes with a relentless focus on quality and service, enabling Bardess to grow alongside our clients’ needs.”

Cleartelligence is an AI-first, data and analytics consultancy that helps clients connect data strategy to business strategy – envisioning, designing and implementing data solutions into strategic decision-making, thereby accelerating value creation. “The acquisition of Bardess is an important next step toward becoming the premier provider of AI-first data solutions, aiming to create significant value for enterprise and private equity clients through increased revenue, productivity and profitability,” said CEO Greg Boone.

“This is a highly strategic and exciting acquisition for Cleartelligence,” added President Owen Frivold. “Together, our combined organization looks forward to offering our clients expanded data strategy services and technical capabilities.”

Bardess marks the first transformative add-on for Cleartelligence since partnering with 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.

Partner Jack Parks, Managing Partner Chris Jones, Operating Partner Brad Mundt, Vice President James Moss and Associate Ben Bryles worked on the transaction. Bardess was advised on the transaction by Canaccord Genuity and Locke Lord, while Cleartelligence was advised by McGuireWoods LLP.

About Cleartelligence

Founded in 2011, Cleartelligence is a data and analytics services company that 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 organization, 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. For more information, visit cleartelligence.com.

About Align Capital Partners

Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP 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. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.

Contacts

Katie Noggle
216-505-6463
knoggle@aligncp.com