Data analytics firm sold to London counterpart in £3.5m deal

Listed London IT service management firm TPXimpact has bought Chesterfield-based Peak Indicators, the a data science services and analytics consultancy in a £3.5m deal.

Peak Indicators has a customer base that includes Devon County Council, HSBC, Northern Power Grid, North East Lincolnshire Council, the Ministry of Defence and John Lewis. The firm turned over £3.28m and had an adjusted EBITDA of £190,000 in the 12 months to 30 September 2021.

Andy Ball and Antony Heljula, founders of Peak Indicators, said: “From the inception of Peak Indicators, we have strived to create a company that is committed to our people, our customers and our community. These core values align with those of TPXimpact and we are excited to join them in using our collective skills to continue improving the world around us.

“We are excited to join another purpose-led business in the next stage of our growth journey. As part of the TPXimpact team, we look forward to continuing to deliver impactful change.”