Moody’s Analytics Knowledge Services rebrands as Acuity Knowledge Partners
Moody’s Analytics Knowledge Services has rebranded as Acuity Knowledge Partners (Acuity) following the completion of its management buyout from Moody’s Corporation, supported by the European mid-market private equity investor Equistone Partners Europe (Equistone).
Acuity, a leading provider of bespoke research, analytics and automation technology to the financial services sector, has also appointed Philip Gore-Randall as Non-Executive Chairman.
Under its new brand identity and with Equistone’s backing, Acuity will continue to provide market-leading customised knowledge services to a growing, blue-chip client base of over 300 financial services firms globally, in domains such as investment banking, investment research, private equity & consulting and commercial lending. The business is headquartered in London and operates from 9 locations worldwide, employing a specialist workforce of subject matter experts supported by its proprietary suite of Business Excellence and Automation Tools.
Philip Gore-Randall will serve as Acuity’s new Non-Executive Chairman, bringing to bear his extensive experience of working in senior positions within large multinational organisations and advising private equity-backed businesses. After spending the first 25 years of his career at Arthur Andersen, culminating in his appointment as Global Managing Partner and COO, Philip subsequently held roles including COO of Aon UK Ltd and then of HBOS plc (where his responsibilities included overseeing the company’s integration into Lloyds). He has served as Chairman at businesses including ERM Group, Equiom Group, Fircroft Engineering Services, Forensic Risk Alliance and RAK Logistics.
Robert King, CEO of Acuity Knowledge Partners, says: “We’re delighted to have completed the process of establishing ourselves as an independent company and launched the new Acuity brand. Under our new identity, our focus will remain on providing our clients across the financial services industry with the best-in-class bespoke services delivered by our exceptional teams around the world. We also welcome Philip to the business. With his addition and Equistone’s support, we are well placed to continue investing in our staff and our technology capabilities and to build on our success to date by growing Acuity further.”
Philip Gore-Randall, Chairman of Acuity Knowledge Partners, says: “I’m very pleased to be joining Acuity at this exciting juncture, as it moves forward as an independent business with a proven track record of serving a global client base of blue-chip financial institutions. As Chairman, I’ll be working with Robert and his talented team, as well as Equistone, to maximise the opportunity presented by growing demand within the global financial services sector for offshore, specialist services.”
Tim Swales, Partner at Equistone Partners Europe, adds: “We were excited to back this business and management team on account of its impressive leadership, strong market position and the compelling growth drivers for providers of bespoke research and analytical support. Following the completion of the deal, we look forward to working with Robert, his management team and Philip to bolster Acuity’s standing as an independent business committed to enhancing output and providing operational benefits for its customers.”