Software Development and Research Technology Ltd. (SDART), a London, UK-based data mining and predictive modelling company, received a majority equity investment from KPMG Capital.
The amount of the deal was not disclosed.
Established in the United Kingdom in 2006 as a spin-off from Manchester University, SDART specializes in the design and delivery of software applications for a broad range of industries ranging from engineering to finance.
The investment will give KPMG member firms’ clients access to SDART’s flagship solution, Financial Microscope, a predictive analytics tool that provides a forward looking view of financial sustainability and performance.
KPMG Capital is KPMG’s global investment fund.