Consumer Edge, a global leader in consumer alternative data intelligence, has agreed to acquire Earnest Analytics, a transaction and healthcare data pioneer. And this deal marks a pivotal moment for the industry, accelerating Consumer Edge’s goal to deliver the most accurate data and actionable insights to financial institutions, corporations and data-driven decision-makers on a global scale. The transaction is expected to close in April 2025. The terms of the deal were undisclosed.
This deal aligns with Consumer Edge’s strategy of making selective, strategic acquisitions that enhance the company’s value proposition to its clients by expanding into new geographies, accessing new data types and deepening its technology capabilities. And the acquisition of Earnest Analytics further strengthens Consumer Edge’s ability to deliver differentiated, data-driven intelligence, at scale.
Consumer Edge is backed by Treville Capital Group, an alternative asset manager that offers financing solutions to high-growth, innovative businesses. And Treville initially partnered with the company in 2022 to help accelerate its expansion and strategic initiatives.
Advisor: Financial Technology Partners (FT Partners) served as the exclusive financial advisor to Earnest Analytics.
KEY QUOTES:
“This is a transformative moment for Consumer Edge. We are excited to welcome Earnest into the Consumer Edge family. This acquisition will empower us to accelerate innovation and product development, broaden our reach and drive even greater value for our customers and partners.”
“Earnest Analytics has earned a stellar reputation for transforming complex data into clear, strategic insights. Their outstanding team, powerful technology platform and deep expertise in healthcare and transaction data perfectly complement Consumer Edge’s strengths. Together, we will offer a truly integrated service offering that empowers us to deliver even greater value to our clients and partners.”
– Bill Pecoriello, Chief Executive Officer and Founder of Consumer Edge
“We couldn’t be more energized about this next chapter. Together with Consumer Edge, we’ll unlock even greater value for our clients and take our shared vision of intelligent, accessible and transformative data to the next level.”
– Kevin Carson, Founder of Earnest Analytics
