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

  • To date, Lushani and her team have supported me and Foresight on over 20 deals. They have consistently delivered high quality CDD reports, always against tight deadlines and to above expectation. They offer good value for money. Luminii are quick to understand our needs, offer sound advice and support on complex topics. Their ability to tailor the scope to our needs, focus on the core issues of each project and not being afraid to give their opinion backed by sound research and analysis is a great benefit to us. I would recommend their services without hesitation.

    Private equity investment firm with circa £4 billion of assets under management

  • We were impressed with Luminii. They delivered what they promised; the information was useful and actionable, which is what we were looking for. In addition, they were responsive and timely, and the team liked the way Luminii worked. Would we recommend them if someone called us? We definitely would, with an enthusiastic recommendation.

    Board of Directors of a global SaaS Company, UK

  • Luminii Consulting proved themselves to be a highly flexible and dedicated team who delivered a high quality CDD report in a complex tech sector. They were able to cover a wide scope across multiple geographies to a strict deadline and provided us with the required insight and strategic advice to make an informed decision. We appreciated their effort and enjoyed working with the Luminii team.

    Private equity and venture capital with £9.1bn worth of funds under management

  • Lushani and her team at Luminii delivered a high quality CDD report that exceeded our expectations. We were particularly pleased with the post deal recommendations and informed opinions contained within the report. We wouldn't hesitate to use Luminii's services again on future projects.

    Leading mid- market private equity firm

  • We engaged Luminii Consulting for a very targeted piece of commercial diligence in a very short timeframe. Luminii produced an outstanding report exactly on scope in what is a niche market segment. Moreover they managed to produce it in a very short period of time which was essential to getting the deal done.

    Leading independent investment manager with funds of over £1 billion under management

  • We enjoyed a strong working relationship with Luminii Consulting. Their work went above and beyond the scope of the CDD and offered strategic insight and advice that has since helped us with both our post-deal strategy and business development.

    Leading SaaS provider of Identity & Access Management (IAM) software, IDaaS and Identity API

  • Luminii supported the recent MBO with Foresight Group and Signature Property Finance (SPF), providing strategic insight which has enabled the management team to transform their route to market. The CDD report gives SPF valuable intelligence into the competition; market trends; customer feedback and the opportunities that are within the marketplace. The report has been useful to segment data, share customer feedback with the wider SPF team, enabling them to attack the competition and continue to deliver a quality service to brokers/direct clients. Overall, a really insightful report that gives the Management team really useful intelligence.

    Finance lender providing short term property finance