Trace3, an Irvine, CA-based technology services firm, acquired a strategic portfolio enhancement, Tail Wind Informatics, a Minnetonka, MN-based firm in the data and analytics consulting space.
The amount of the deal was not disclosed.
The company will join Trace3’s growing data and analytics business to bolster client services and offerings critical to gaining competitive advantage in today’s data-driven economy.
Tail Wind Informatics is a technology consulting services company with experts in business intelligence, cloud analytics, data, and information management. It provides data scientists to act as used advisors, transforming customer data into actionable information.
Led by CEO Rich Fennessy, Trace3 consults on, integrates, and operates convergent solutions across data, security, and cloud that embrace emerging technology and drive measurable business value for its clients.
The decision to acquire Tail Wind was driven by shared traits, as both companies provide:
- Services-oriented consultancy, with a healthy client retention rate
- Client base across all verticals, especially Manufacturing, Insurance, and Healthcare
- High-caliber and high-tenured staff with data-oriented certifications
- Leading Microsoft and Snowflake partner status
- Best-practice consulting engagement processes and intellectual property
FinSMEs
11/01/2024