March 2022

TPXimpact acquires leading cloud-based open data consultancy Swirrl

ABOUT TPXIMPACT

TPXimpact is a world-class creative technology group, assembled for innovation. Configured as a lean, fluid and ego-free family of complementary tech-focused companies, they collaborate with brave organisations to ensure their participation in tomorrow, and beyond. TPXimpact floated on the AIM index of the London Stock Exchange in December 2018, creating a group of digitally-native technology services companies assembled to meet the needs of the fourth industrial revolution.

 

ABOUT SWIRRL

Stirling-based Swirrl, is a cloud-based open data consultancy with a focus on data integration and dissemination in public sector organisations. Through its ‘PublishMyData’ platform, Swirrl works to help government organisations better manage and distribute their data, so that analysts can find, understand and apply data to important problems such as climate change, improved healthcare and challenges facing the economy.

Swirrl’s customers include the Department for Environment, Forestry and Rural Affairs, the Office for National Statistics, the Department for Levelling Up Housing and Communities, Scottish Government and  Geonovum, a government agency in the Netherlands advising the Dutch government on its approach to geospatial data.

 

ABOUT THE DEAL

The acquisition of Swirrl extends TPXimpact’s digital transformation capabilities to include data science and analytics offerings. This move will enable TPXimpact to offer clients strong data expertise to help them solve large and complex interconnected challenges. This acquisition represents another key strategic step forward for TPX in their mission to take on the multitude of complex challenges facing the public and commercial sectors and deliver sustainable digital change. Swirrl will not only boost TPXimpact’s offering, but also deeply align with their mission and core values.

 

OUR WORK

We acted as financial adviser to TPXimpact on their acquisition of Swirrl.

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It is a pleasure to have WY Partners as our key buy-side M&A advisor. WY’s market knowledge and support is invaluable, they show great commitment and enthusiasm to always deliver the best outcome. WY provide us with clear commercial advice, added value, and manage the process from start to finish. Their personal and pragmatic approach is always appreciated and they consistently overdeliver.

Neal Gandhi, Chief Executive Officer of TXPimpact

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