Think Data Insights Acquired by LBMC

In the US, professional service solutions provider LBMC has acquired data analytics company Think Data Insights for an undisclosed sum.

Founded in 2014 by Ken Raetz (pictured), Nashville-based Think Data Insights creates analytics solutions which use data platform technologies and employ best practices in data architecture, modeling, and visualization services. The firm works with clients in the healthcare, manufacturing, retail, media and finance sectors, to harness the impact of data insights on their organizations.

LBMC says the acquisition expands its own objective to provide resources to its clients, particularly as it grows its footprint and capabilities across verticals including private equity, healthcare, manufacturing and service providers. As part of the deal, Raetz will join LBMC as a shareholder and remain focused on growing the data analytics service line.

'Joining forces with LBMC means our technology can empower more companies to harness the power of data to drive growth, decrease expenses and manage other business objectives,' says Raetz. 'This allows us to expand our footprint and leverage LBMC's deep expertise, while increasing the company's resources, and ultimately, helping clients master their most critical business issues.'

Web sites: www.lbmc.com and www.thinkdatainsights.com .