Luminii provides CDD to Rockpool on their recent investment into Xiatech

11 Dec 2020 /

Luminii are delighted to have provided commercial due diligence (CDD) support to Rockpool Investments on its growth capital investment into Xiatech, a UK system integration and data analytics software specialist.

The deal will see Rockpool invest in Xiatech’s award winning SDV (Single Data View) platform, an Enterprise scale integration and BI/analytics platform used by a host of UK and international businesses. The solution is a proprietary MicroServices SaaS platform built on the latest Amazon and Google technology to drive digital transformation for their clients. The SaaS solution provides companies with a real-time view of customer, inventory, product, orders and sales data, as well as an enterprise-scale integration hub, analytics and machine learning capabilities.

The equity investment will enable Xiatech to deliver on its growth strategy to treble in size over the next four years. The fast-tracking throughout 2020 of the adoption of digital technologies has accelerated demand for Xiatech’s Single Data View solution, a platform for companies looking to extend their reach by strengthening their digital, integration and data capabilities. Headquartered in London, Xiatech intends to increase its expansion efforts in the UK, Europe and the US. This injection of growth capital follows a sustained period of growth in customers and revenue for Xiatech. It was last year listed as one of the ten most innovative data analytics companies by Analytics Insight.

"Luminii are delighted to have supported Rockpool on this transaction. This is yet another deal that helps to further strengthen our credentials in the Technology (Data Analytics and SaaS) sectors. Having completed over 40 projects in SaaS in the last 2 years, Luminii is certainly building a strong reputation as a go to provider for strategy and commercial due diligence in the Technology space. We wish Rockpool and Xiatech's management team continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting

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