Cinven is entering exclusive negotiations to acquire Artefact, a global leader in data and AI consulting services, capitalizing on its strong growth potential and market presence.

Target Company Overview

Artefact, established in 2014 and headquartered in Paris, is a prominent global provider of data and artificial intelligence (AI) consulting services tailored to large enterprises. With a workforce exceeding 1,700 professionals across 31 offices in 25 countries, Artefact aids businesses in navigating the complexities of technological change while capitalizing on the competitive advantages that data and AI-driven transformation can offer. The company combines substantial expertise in data science, AI, and digital marketing to craft and execute innovative, data-centric strategies for its clients.

Artefact’s approach emphasizes the importance of utilizing data to enhance decision-making, stimulate growth, and create personalized customer experiences at scale. Their reputation for securing high-renewal revenue streams from prestigious corporate clients speaks to the company's commitment to delivering exceptional service quality and maintaining robust customer relationships.

Industry Overview in France

The data and AI consulting sector in France is characterized by rapid growth and significant potential, driven mainly by advancing technology and its integration into corporate strategies. As companies worldwide increasingly recognize the necessity