Quantive Advises The DataTech Group on Sale
Quantive is pleased to announce the sale of The DataTech Group to Torch.AI.
Torch.AI, the leader in artificial intelligence (AI) powered ultra-high-speed data processing, acquired The DataTech Group (DataTech). Quantive represented The DataTech Group throughout this transaction.
Located in O’Fallon, IL, The DataTech Group provides government and private sector clients with the ability to use data solutions to improve their efficiencies. DataTech provides cost-effective and impactful data solutions within the IT world.
“We were looking for a buyer that could leverage the groundbreaking success we have had supporting DISA, a buyer with the resources to tackle larger opportunities in the future,” says Atul Patel from DataTech. “We found a great fit with Torch.AI.” he continued.
From Torch.AI’s press release, Josh Wellner, Vice President of Mission Success, says, “I was immediately impressed with DataTech’s technical acumen and results-driven mindset,” he stated, “Combine those traits with an intimate knowledge of the Federal space, and you have a winning combination. Torch’s best-in-class capabilities just got even better.”
About The DataTech Group
“At The DataTech Group, we understand the importance of successful IT project deployment and its impact on your business’ agility, responsiveness, and performance. At the center of our philosophy is “Sustainable Value.” Our focused range of capabilities coupled with our emphasis on providing IT solutions with your users in mind sets us apart in achieving a high rate of project successes.
Technologies change. Organizations change. Information changes. The need to make informed decisions does not change. With success deploying multi-billion row active data warehouses and focused data marts, DataTech has public and private sector expertise that your organization needs. DataTech effectively extracts and transforms our clients’ raw data into cleansed information which is loaded into the best-in-class data warehouse platform for each unique enterprise requirement. DataTech then complements its core offering by providing focused capabilities in Enterprise Architecture, Information Security, and a broad range of expert IT consulting services.”
“Torch.AI’s Nexus™ platform changes the paradigm of data and digital workflows, forever solving core impediments caused by the ever-increasing volume and complexity of information. Customers enjoy a single unifying solution which begins by instantly deconstructing and describing any data, in real-time.
Purpose-built for massively scaled, ultra-high-speed data processing, the platform comes equipped with security features, flexible data workloads, compliance capabilities, and drag and drop functionality that is unrivaled in today’s technology landscape. The company’s solutions have helped to fight fraud, secure information, make better decisions of trust, evolve operational capabilities, and create better customer experiences.”
Quantive is a veteran-owned and operated financial services firm. We work in three areas:
● Valuation Services — Full-service valuation practice providing transaction, litigation, underwriting, and tax support to both business owners and advisors.
● Value Growth Advisory — We help companies grow and entrepreneurs meet their retirement goals either through Fractional CFO or Certified Exit Planning support.
● M&A Advisory — We help clients successfully exit their companies.
Get in touch — we’d be delighted to discuss how we might be a fit for your particular project.