Houlihan Lokey Advises Acuiti Labs

Houlihan Lokey is pleased to announce that Acuiti Labs Ltd., a premier SAP billing, revenue, innovation, and management (BRIM) consulting specialist, has secured a minority investment from Quilvest Capital Partners (Quilvest). Houlihan Lokey served as the exclusive financial advisor to Acuiti Labs’ shareholders. The transaction closed on 29 February 2024.

Founded in 2014 by CEO Manoj Harbhajanka and headquartered in London, Acuiti Labs has established itself as one of the largest consultancies dedicated to the quote-to-cash process, with more than 200 employees and global operations spanning North America, Europe, and Asia. The company advises large, blue-chip businesses seeking to optimise their revenue management and billing processes through SAP BRIM solutions.

Quilvest is a leading global investment manager focused exclusively on the middle market, with more than $7 billion in assets under management. It operates four investment strategies: buyout; primaries, co-investments, and secondaries; private credit; and real estate. Quilvest’s investment will support Acuiti Labs’ continued global expansion strategy, including further headcount growth and investment in technology, with a relentless focus on delivering best-in-class service, support, and technology to its clients and partners.

Mr. Harbhajanka said, “We are thrilled to welcome Quilvest as our strategic partner, poised to support our company in its next phase of growth. Leveraging their professional expertise and extensive network, coupled with Acuiti Labs’ strong positioning and talented management team, we are looking forward to further success.”

Benjamin Sass, Partner at Quilvest, added: “Acuiti Labs is at the forefront of an enduring technology shift as companies across various industries seek to transform and optimise their revenue models. We are honoured that Quilvest Capital Partners has been selected as the partner for Acuiti Labs’ next growth chapter, and we look forward to combining our international reach and partnership approach with Acuiti Labs’ unique expertise and proven success in the SAP BRIM space.”

Houlihan Lokey served as the exclusive financial advisor to the Acuiti Labs shareholders in a deal that exemplifies the continued success of Houlihan Lokey’s dedicated global coverage of the IT services sector.