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France's Keensight Capital, ISAI acquire majority stake in IVIDATA

French private equity firms Keensight Capital and ISAI Expansion FCPR acquired a majority stake in IVIDATA Group for an undisclosed amount.

The acquisition was made alongside Etienne Aboulker, IVIDATA's co-founder and CEO, according to a news release published on the PE Hub Network.

IVIDATA, headquartered in Levallois-Perret, France, is a consulting group focused on big data and artificial intelligence services. Keensight and ISAI aim to expand IVIDATA's high-value-added offerings.