Ascent Acquires Portuguese Data Engineering Firm BiLD Analytics

Ascent says its growth strategy is to create a combination of data capabilities, software and cloud skills to “help customers build digital muscle”.

London-based digital services firm Ascent has snapped up data engineering and business intelligence services business BiLD Analytics for an undisclosed sum.

Ascent is naturally looking to ascend in the tech world and says its growth strategy is to create a combination of data capabilities, software and cloud skills to “help customers build digital muscle”.

Based in Lisbon, BiLD was founded in 2018 and has a customer base that includes TripAdvisor, MercedesBenz.io, Bain & Co, New Signature, Billigence, Avanade, Exxon Mobil, Carlsberg Group, Deloitte, KPMG, BNP Paribas and Farfetch. It has clients across the UK, Switzerland, Belgium, the Netherlands and Saudi Arabia.

Stewart Smythe, CEO at Ascent, states: “Acquiring BiLD extends our reach into nearshore EU talent hubs and will help us meet the mushrooming demand for engineering services we’re seeing as our customers increasingly prioritise driving value from their data.”

Smythe adds: “I’ve looked at a large number of similar businesses across Europe over the last 12 months and BiLD really stood out – both because of the depth of its Azure and Databricks capabilities and its growth ambition and potential.”

Ascent also praises BiLD’s data engineers, who hold certifications in Snowflake with complimentary data visualisation skills in Tableau, PowerBI and Qlik.

Diogo Dias, Founder and Managing Partner at BiLD, will become part of the Ascent leadership team and oversee the Portuguese hub.

His job is safe but BiLD has 27 employees listed on LinkedIn and their fate has not been mentioned.

Ascent employs more than 420 people worldwide and supports over 180 customers, including BrewDog, the Crown Estate, Centrica (Hive) and BDO.

In November 2020 Ascent bought Mango Solutions, a UK-based data science consulting firm, as it hunted for action in data science, advanced analytics, data engineering and IoT solutions.

Antony Peyton
Antony Peyton
Antony Peyton is the Editor of eWeek UK. He has 18 years' journalism and writing experience. His career has taken him to China, Japan and the UK - covering tech, fintech and business. Follow on Twitter @TonyFintech.

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