FormativGroup has acquired Eon Collective to enhance data-driven solutions for mid-market organizations, supported by Rockbridge Growth Equity.

Information on the Target

FormativGroup has officially acquired Eon Collective, a highly regarded entity specializing in data integration, modernization, and governance services. This strategic acquisition enhances FormativGroup's ability to serve mid-market organizations by enabling them to fully leverage their data across various technological and business dimensions.

Under the leadership of CEO Gene Chao, FormativGroup emphasizes the importance of harnessing data to drive innovation and transformational change within client organizations. The addition of Eon Collective's expertise in data consulting will bolster their initiatives to design, capture, and effectively utilize data at every organizational level.

Industry Overview in the Target’s Specific Country

The data management and integration industry in the United States is witnessing rapid growth, driven by the increasing demand for data-driven decision-making across vari