Datatonic Expands with Acquisition of Syntio

Deal News | Apr 25, 2025 | Perwyn

Datatonic, a prominent provider of cloud data and AI solutions, has announced its acquisition of Syntio, a noted specialist in data engineering. This acquisition, backed by private equity firm Perwyn, strengthens Datatonic's enterprise service offerings and enhances its global delivery capabilities with Syntio's expertise in data ingestion, transformation, and business intelligence. Syntio, recognized as one of Europe's fastest-growing companies by the Financial Times, brings a diverse customer base from sectors such as telecommunications, banking, and retail across Europe. This integration allows Datatonic to merge its prowess in Generative AI with Syntio's deep technical acumen, providing a sweeping array of solutions and deepening expertise for clients. Leaders from both companies, including Datatonic's CEO Scott Eivers and Syntio's CEO Davorin Cetto, expressed enthusiasm for the merger, highlighting the expansive potential and geographical reach this union affords. Mike Rothwell, Investment Manager at Perwyn, conveyed confidence in the deal's ability to bolster Datatonic’s market stance and growth trajectory in data and AI consultancy.

Sectors

  • Technology
  • Private Equity

Geography

  • Europe – The acquisition involves companies with operations spanning across Europe, including Syntio's client base and Datatonic's growing presence.

Industry

  • Technology – The acquisition involves companies specializing in cloud data, AI solutions, and data engineering, which are core sectors within the technology industry.
  • Private Equity – The article details a strategic acquisition involving Perwyn, a private equity firm backing Datatonic, highlighting its influence on the investment and strategic growth direction.

Financials

    Participants

    NameRoleTypeDescription
    DatatonicAcquirerCompanyA leading cloud data and AI solutions provider that has acquired Syntio to expand its service capabilities and global reach.
    SyntioTarget CompanyCompanyA specialist in data engineering with a customer base across Europe, enhancing Datatonic's offerings post-acquisition.
    PerwynPrivate Equity FirmCompanyA private equity firm backing Datatonic, supporting its strategic acquisition of Syntio.
    Scott EiversCEO of DatatonicPersonThe CEO of Datatonic, who commented on the strategic significance of the Syntio acquisition.
    Davorin CettoCEO of SyntioPersonThe CEO of Syntio, expressing excitement about joining Datatonic to leverage combined strengths.
    Mike RothwellInvestment ManagerPersonAn Investment Manager at Perwyn who highlighted the strategic value and expected growth from the acquisition.