Jakala reports that it has completed the acquisition of a majority stake in ClaraVista, a company with offices in Paris and Singapore. The announcement marks another step forward in the international expansion journey of Jakala, an artificial intelligence-driven data transformation company. Based in Milan, Italy, it has a team of more than 3,200 professionals distributed in more than 20 countries.
Founded in 2002, ClaraVista is a consulting firm that accelerates its clients’ digital transformation through data optimization. A pioneer in improving marketing performance for major brands in the retail, luxury, cosmetics, and financial services sectors, ClaraVista is distinguished by an integrated approach that combines strategic consulting, advanced expertise in data science, and an ongoing commitment to research and development of artificial intelligence-related technologies. ClaraVista will become part of Jakala’s French division. Founded a year ago by Guillaume and Xavier Cardon, who previously launched Sutter Mills with Olivier Mazeron before selling it to Accenture at the end of 2019, Jakala France’s office is located in the heart of Paris. Currently, the French division has more than 150 professionals, thanks to consistent organic growth and major acquisitions, including Madagence, a network of agencies specializing in e-commerce based in Paris, Lille and Lyon, and SoyHuce, Jakala France’s center of excellence dedicated to data, artificial intelligence and the development of applications that put algorithms at the service of users.
European presence
Following the June 2023 integration of FFW, a company headquartered in Denmark with a significant presence in Germany, the United States and France, Jakala aims to become a global reference by extending its impact beyond national borders. Through these integrations, Jakala not only enhances its digital solution offerings, but also expands its geographic reach, creating a true European presence.
During 2023, Jakala recorded double-digit growth, with global revenues reaching 520 million. In addition, geographic diversification has expanded, with nearly 50 percent of revenues coming from abroad. This major step forward prompted Jakala to adopt a new organizational model to address its growing international presence, with Stefano Pedron in the role of global CEO, responsible for overseeing the various head of regions in the markets where the company currently operates.
Stefano Pedron, states in a note, “Through the acquisition of ClaraVista, Jakala consolidates its specialization and expertise in data optimization, improving the originality of its proposals for clients and prospects. This transaction, along with the other recent acquisitions, helps consolidate Jakala’s position in the international context and strengthens our determination to continue along0 this successful trajectory.”
Guillaume and Xavier Cardon, head of Jakala France, add, “The integration of ClaraVista, exactly one year after the launch of Jakala’s French division, is a testament to our path of consolidation in the digital transformation market. ClaraVista’s team has demonstrated over the years the ability to meet the challenges of a constantly evolving market by strengthening its expertise in data and Artificial Intelligence. We are extremely pleased to have the opportunity to work with Edouard, whose team joins the 150 jakalers already in France. Together we will work on ambitious goals to have an increasingly significant impact on our clients’ business.”
Edouard Fonkenell, president and founder of ClaraVista, says, “We are excited to join Jakala. The company’s entrepreneurial spirit, complementary skills and international coverage will enable us to support our clients on even more ambitious and impactful projects. Jakala has shown remarkable growth in recent years; by joining this ecosystem, we will benefit from a wealth of synergies while continuing to operationally lead ClaraVista with the same combination of excellence and kindness. By offering new prospects for growth, this partnership also strengthens our attractiveness to the talent that makes up our teams. Jakala aims to become one of the global leaders in our industry, and we are very proud to be part of this venture.”
The financial terms of the transaction have not been disclosed
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