Management of has sold a majority stake to Hudson Hill Capital

Headquartered in Tampa, Florida, is a rapidly growing provider of cloud-native and artificial intelligence (AI)-focused services, including cloud data analytics, data warehousing solution design, cloud operations and digital transformation. Leveraging the domain expertise of over 320 technical employees across the United States, India and Turkey, delivers agile solutions to its growing customer base of Fortune 500 enterprises within the financial services, insurance and logistics industries. is a leading partner to industry-defining cloud data providers such as Snowflake, ThoughtSpot, DataRobot and Azure. In 2021, scaled to run-rate revenue surpassing $39 million, reflecting 185% growth year-over-year with a 30% revenue increase from Q3 2021 to Q4 2021.

Our Perspective

Mike Iannelli, Managing Director and co-head of Lincoln’s Business Services Group, commented, “ is a prime example of the attractiveness of investments in digital transformation services. serves as a critical partner to Fortune 1000 and venture-backed growth companies as they execute digital initiatives in response to rising organizational complexity and the growing need for real-time data insights. The superior technical expertise of providers like, combined with the increasingly vital strategic importance of digital capabilities, is accelerating the trend towards the use of experts and the outsourcing of IT services. Cloud-based data analytics are seeing rapid adoption compared to traditional business intelligence given the superior scalability from unconstrained data capacity and improved connectivity. This transaction is an important precedent, which will serve to enhance interest in this already attractive market segment.”

Hudson Hill Capital

Based in New York, New York, Hudson Hill is a private investment firm founded by Eric Rosen, Jason Palmatary and Alexander Stacy. Departing from the prevailing short-term orientation of the private equity industry, the company invests with families, entrepreneurs and management teams who are attracted to patient, long-term capital partners. Hudson Hill invests its own capital alongside like-minded partners in attractive, growth-oriented opportunities in industries benefiting from long-term secular growth tailwinds. The company’s industry focus includes the business services, software and financial services sectors. To learn more about Hudson Hill, please visit

Blue.Cloud Hudson Hill Capital 2022 Connect with a Senior Team Member
Lincoln was a fantastic partner and advisor in achieving this landmark step in’s growth journey. Lincoln brought a high degree of executive-level attention to each phase of the process and worked tirelessly to deliver a truly exceptional outcome for our shareholders and employees. We look forward to this next chapter of partnership with Hudson Hill as we execute on our strategy to become a global leader in cloud solutions.
Kerem Koca
Co-founder and Co-chief Executive Officer of

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Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.