Capgemini has signed a share purchase agreement (SPA) to acquire Braincourt, a Germany-based business intelligence and data science services provider.
The financial terms of the deal were not disclosed.
Through the acquisition, Capgemini aims to enhance its data and analytics capabilities in Germany and Northern Europe.
Capgemini insights and data global business line CEO and group executive committee member Zhiwei Jiang said: “Braincourt will bring to Capgemini a well-established track record in the design and implementation of advanced business intelligence, AI, analytics and data science solutions for optimising performance management and business processes.
“The team of experts are a natural fit for Capgemini in terms of culture, as well as their portfolio of data driven services, key accounts and competences.”
Established in 2000, Braincourt extends services in data science, business intelligence, and advanced project management in the domains of key business functions such as human resources (HR), finance, logistics, and production.
Through its team members located across Germany, Austria, and Switzerland, Braincourt serves brands in telecommunications, construction, energy, and automotive industries. The client base of the German firm is said to be highly complementary to Capgemini’s.
Braincourt executive partner Günter Hauser said: “We are very much looking forward to bringing our deep expertise – for instance in the business function controlling domain – to augment Capgemini’s data and analytics offerings.
“Not only will our team members benefit from contributing to projects that leverage Capgemini’s breadth and depth of business offerings but our clients, many of whom are global brands, will have access to a much broader range of services that can be delivered for them across the globe.”
The deal is anticipated to close in the coming days, said Capgemini.
Last month, the French IT company acquired Switzerland-based digital transformation service provider Knowledge Expert.
