Bridgepoint-backed Analysys Mason has acquired Modulai, a Sweden-based AI and machine learning consultancy founded in 2018 with around 35 engineers. Modulai specializes in generative AI, computer vision, natural language processing, advanced recommender systems, and robotics, serving start-ups, scale-ups, private equity portfolio companies, and Fortune 1000 organizations.
The acquisition enhances Analysys Mason's technical capabilities in AI, machine learning, and agentic systems, complementing its existing strategy, transformation, and transaction advisory services. Founded in 1985 as a telecoms research and advisory firm, Analysys Mason now advises clients across technology-intensive industries including telecoms, digital infrastructure, software, IT services, space, defense, manufacturing, and logistics.
The combined business will offer AI due diligence and large-scale AI transformation work across sectors such as telecoms, software, financial services, manufacturing, and life sciences. Mark Billige became CEO in November 2025, and the firm reported 19% organic growth in the financial year from March 2025 to February 2026. Modulai will leverage Analysys Mason's international footprint and client base to expand its offerings.
Bridgepoint invested in Analysys Mason in 2022 through Bridgepoint Development Capital, its lower middle-market fund.
Source: PE Hub · Summarized by HeadlinesBriefing