SA Global Advisors advises Nihilent through its Strategic Acquisition of Hypercollective
20th March 2020 | Press Release
Nihilent, a global consulting and services company that uses human-centered approach for problem-solving and change management, recently announced its acquisition of Hypercollective, a cross-disciplinary Innovations Agency, which brings unique Digital design, creative and consumer research capabilities.
SA Global Advisors served as an exclusive advisor to Nihilent in this acquisition process. The acquisition bridges the gap between technology consulting and creative execution which is in line with Nihilent’s long-term M&A strategy to propel Digital Transformation capabilities and growth.
Nihilent’s core philosophy of creating a larger growth platform and integrated-model for entrepreneurial companies and maximizing collective strengths is further validated by this deal. As part of this acquisition, creative guru, KV Sridhar, popularly known as 'Pops,' former Founder and Chief Creative Officer of Hypercollective, will also take on the Chief Creative Officer role and continue to look after all creative initiatives at Nihilent.
Commenting on the acquisition, L.C. Singh, Director, and Executive Vice-Chairman, Nihilent, said, "Nihilent is glad to have Hypercollective onboard, we look forward to providing our customers a greater degree of Interaction-experience by offering them in-depth insights on consumer behavior. SA Global Advisors has enabled a smooth transition, being a partner and advisor in our M&A journey over the past few years. Their depth of knowledge of the Digital and Design ecosystem and how Hypercollective could fit into our growth model and organization to ultimately realize our objectives through this acquisition is noteworthy.”
This transaction highlights SA's focus and role as a trusted M&A advisor and partner to companies looking for accelerated growth in the rapidly evolving Digital Transformation, Technology, Innovation, and Design services landscape.
“SA’s ability to work seamlessly across Nihilent and Hypercollective organizations as part of the process and bring insights into business, organizational, and cultural integration aspects of M&A has been very valuable” added Minoo Dastur, President and CEO, Nihilent.
Pravin Advani, Managing Partner and Co-founder, SA Global Advisors said, "As the rate of Innovation and need for market leaders to acquire transformative digital capabilities continues to grow, we are quite excited about the space and see unprecedented opportunities for collaboration with visionary management teams and entrepreneurs to create unique opportunities for collaboration and growth."
"We see Hypercollective bringing together complementary creative, design and innovation capabilities to complement Nihilent’s industry-leading Digital Transformation, Design Consulting, and Data Analytics portfolio, and this combination enabling Nihilent to leapfrog Digital Innovation and deliver game-changing Interactive Experiences to global clients." added Pravin Advani.
KV Sridhar(PoPs), Founder, Hypercollective, now Chief Creative Officer, Nihilent said, "While technology plays a vital role for any enterprise, Hypercollective's strengths in creating an Interactive- experience will be amalgamated with Nihilent's Consulting, Design Thinking, and Technology capabilities which will enhance our offerings. We have SA to thank for their expertise and professionalism throughout the process, and for their ability to see value in our approach and help us feel comfortable in the new home for our company. While they ran the process on behalf of Nihilent, they facilitated the same with utmost transparency and fairness. For me as a serial entrepreneur, this was positive as one has to value people we work with more than anything else.”
SA Global Advisors (SA) is a leading global investment banking firm focused exclusively on investments and M&A transactions in the Technology, Media and Telecom(TMT) sectors. Our core focus is envisioning and executing strategic transactions to transform the growth trajectory of mid-market companies ($5m to $100m Revenue) in the Digital Transformation, Artificial Intelligence and Data Analytics, Cloud Technologies, Product Engineering, IT Consulting and Managed Services sectors.
Nihilent is a global consulting and services company that uses human-centered approach for problem-solving and change management. Nihilent's comprehensive range of expertise in customer research, process, and technology enables newer heights of business performance. Nihilent enables customers to realize these strategic goals through its comprehensive Business Consulting, Analytics, and Technology offerings.
Founded by global creative icon, 'Pops' KV Sridhar, HyperCollective is a cross-disciplinary innovations company that solves real-world problems for brands, corporations & governments. The collective is powered by one of the world's largest collaborative networks of independent companies across the verticals of strategy, creative, data & technology.