SI Global was lead advisor to the founders of EdgeRed on their sale to Omnia Collective, who were backed by private equity firm, Parc Capital
This latest acquisition sees EdgeRed, a boutique data and AI consultancy in Australia join Omnia Collective, a single ecosystem of expertise technology, talent, design, data, and AI. Omnia Collective is a purpose-built collective of entrepreneurial businesses, aligned by values and focused on impact.
Michael Chin, Director at SI Global said: "We are delighted at SI to have brought this dynamic and talented team at EdgeRed together with the Omnia Collective. Monica Ly and Howard Gu, the founders of EdgeRed, had several options available to them but were immediately attracted to the clear strategy for growth outlined by Parc and the synergies across the platform.
Whilst data related services is a sector that is currently very much in demand, I was immediately impressed by the leadership qualities of both Monica and Howard and it was of no surprise that they were courted by number of potential acquirers.”