Escalent, a human behavior and data analytics firm, acquired Javelin Strategy & Research, a San Francisco Bay Area research-based advisory firm with deep expertise in the digital financial ecosystem, from Greenwich Associates.
The amount of the deal was not disclosed.
With the acquisition, Javelin Strategy & Research expands Escalent’s presence in retail and small business banking to complement its financial services expertise.
Led by Jacob Jegher, president, Javelin Strategy & Research provides in-depth analysis of financial services market and technology trends, with expertise in digital banking, payments, fraud & security, and lending. Its clients include leading financial institutions, government agencies, payments companies, merchants, fintechs and technology providers. Javelin will retain its current office and will continue to use the same name.
Escalent is a human behavior and analytics firm specializing in industries facing disruption and business transformation. The company was created in June 2018, where private equity firm STG acquired Market Strategies International and Morpace and announced its intent to merge the companies. In May 2019, the two firms rebranded as Escalent.