Catalyst has today announced the acquisition of HorsaBA, in a deal that will increase the groups 2021 revenues to over £10m.
HorsaBA is Qlik’s UK leading Financial Services partner supporting insurance, asset management and the commodity trading sectors as well as BI partner to Samsung in the UK and across Europe. The business was previously owned by Horsa Group, an Italian based System Integrator.
Catalyst is an award-winning Cloud Solutions Provider delivering Business Intelligence (BI) and Enterprise Resource Planning (ERP) software, implementation and hosting services. Customers include the likes of GKN Aerospace plc, Morrisons Supermarkets plc, Travis Perkins plc, Orange and Wickes.
Both Catalyst and HorsaBA are Qlik Elite Partner’s in their own right, the highest possible Partner status achievable. Qlik has been at the top of the Gartner BI Magic Quadrant for 11 years with its unique approach to Reporting, Analysis, Data Mining and Data Interpretation.
Mark Godliman, Managing Director at Catalyst said, “This acquisition provides yet further strength and depth to the Catalyst team. Horsa has superb staff, great customers and an excellent reputation in the marketplace. The combination of Catalyst, Informance, QlickiT and HorsaBA over the last two years has created an amazing cloud solutions business. This is a fantastic follow-on acquisition for Catalyst as we continue with our acquisitive growth strategy.”
Commenting on the news, Stefano Rabbiosi, Founder and Director at HorsaBA said, “There is a natural fit between the businesses which will strengthen and expand our service offerings and footprint in the data and analytics market. We look forward to playing our part in the ongoing growth and success of Catalyst. “Exciting times!”
Mike Cawthorn, Director and Business Solution Lead at Catalyst commented, “We’re delighted to bring the hugely talented team from HorsaBA into the Catalyst family. This acquisition expands our sector expertise into the financial services and technology sectors and allows the team to add greater value into the existing client base with our broader end-to-end data solutions portfolio.”