Livonia-based Escalent has acquired Javelin Strategy & Research from Greenwich Associates. Javelin Strategy & Research, a research-based advisory firm with deep expertise in the digital financial ecosystem, expands Escalent’s presence in retail and small business banking to complement its market-leading financial services expertise.
The transaction was completed on Dec. 30.
Javelin Strategy & Research is based in the San Francisco Bay Area and provides in-depth analysis of financial services market and technology trends, with expertise in digital banking, payments, fraud & security, and lending. Its clients include leading financial institutions, government agencies, payments companies, merchants, fintechs and technology providers.
“This acquisition allows Escalent to provide its clients with a fully integrated customer experience in the new digital financial ecosystem, and it gives Javelin clients access to a bench of financial industry expertise and consulting for deeper, more comprehensive engagements,” Escalent CEO Melissa Sauter said in a statement. “In addition, both Escalent and Javelin share a culture of total commitment to relentless employee and customer happiness so it’s a great fit.”
Javelin will retain its current office and will continue to use the same name. Clients can expect to work with the same experienced teams, and both Escalent and Javelin are committed to ensuring a smooth transition.
Marlin & Associates acted as the exclusive strategic and financial adviser to Greenwich Associates on the divestiture of the Javelin division.