SG Analytics Joins Straive's Global Operations
Deal News | Jun 18, 2025 | PR Newswire Cision Straive
Straive, a leader in data analytics and AI operationalization, announced the acquisition of SG Analytics to enhance its capabilities in these fields. SG Analytics, which excels in AI-powered insights and contextual analytics, primarily serves clients within financial and information services, technology, and media sectors. Founded in 2007, SG Analytics is notable for its deep domain expertise and consultative approach. With offices in New York, London, and Pune, the firm stands out for delivering impactful, data-led transformations. This acquisition strengthens Straive's service offerings in key sectors like banking, media, and telecom. Novistra Capital acted as the exclusive financial advisor for the acquisition, which aligns with Straive's ambition to integrate AI into client workflows, driving efficiency and revenue. Straive, owned by EQT, operates in various countries, serving diverse industries such as EdTech and pharmaceuticals. The acquisition is celebrated for its potential to create mutual benefits for both companies' clients and stakeholders.
Sectors
- Data Analytics
- Artificial Intelligence
- Financial Services
- Technology
Geography
- United States – Straive and SG Analytics have operations in the United States, making it a key region in the acquisition.
- India – SG Analytics has a significant presence in Pune, India, which is also a focus of the acquisition.
- United Kingdom – Both companies have operations in the UK, which is relevant to the geographical context of the acquisition.
Industry
- Data Analytics – The article discusses the acquisition of SG Analytics by Straive to enhance capabilities in data analytics, thus relevantly categorizing it as part of the Data Analytics sector.
- Artificial Intelligence – Given the emphasis on AI-powered insights and contextual analytics, the article pertains to the Artificial Intelligence industry.
- Financial Services – Both Straive and SG Analytics serve clients in the financial services sector, which is influenced by this acquisition.
- Technology – The operations of both companies in technology sectors, as well as the focus on AI and analytics, make this classification relevant.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Straive | Acquirer | Company | Straive is a global leader in data analytics and AI operationalization, serving diverse industries and backed by the investment firm EQT. |
| SG Analytics | Target | Company | SG Analytics is a leading provider of AI-powered insights and contextual analytics services with operations in New York, London, and Pune. |
| Ankor Rai | Chief Executive Officer | Person | Ankor Rai is the CEO of Straive, involved in strategic decisions and communications regarding the acquisition. |
| Sid Banerjee | Chief Executive Officer | Person | Sid Banerjee is the CEO of SG Analytics, leading the company during its acquisition by Straive. |
| Sushant Gupta | Founder | Person | Sushant Gupta founded SG Analytics and is recognized for establishing the company's strong culture and domain expertise. |
| Novistra Capital | Financial Advisor | Company | Novistra Capital served as the exclusive financial advisor to SG Analytics during the acquisition process. |