Milwaukee Firm Continuus Technologies Was Sold

The data and AI consulting firm changed hands in a deal between Milwaukee-based Borgman Capital and London-based Acuity Analytics.

Updated on Oct. 9, 2026 in Corporate Finance

Milwaukee Firm Continuus Technologies Was Sold

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Private equity firm Borgman Capital completed the sale of Milwaukee-based consulting firm Continuus Technologies Inc. to the London-based technology company Acuity Analytics. The transaction represents a shift in ownership for the data and cloud engineering firm, which has operated since 2011.

Why it matters

The acquisition marks a change in strategy for the local Milwaukee consulting market as ownership shifts from a regional private equity firm to an international player. Operators in the tech services sector should monitor how this consolidation affects competitive positioning for data and AI engineering contracts.

The deal involves a consulting firm founded in 2011 that operates within the Milwaukee market. Financial details regarding the transaction size were not released by the involved parties.

The players

Borgman Capital

A Milwaukee-based private equity firm that oversees portfolio investments in the regional business sector.

Continuus Technologies

A Milwaukee-based consulting firm providing data, AI, and cloud engineering services to business clients.

Acuity Analytics

A London-based technology and analytics company operating as a portfolio firm under Permira.

Matt Moeser

The CEO of Continuus Technologies who led the firm prior to its acquisition.

Permira

A private equity firm that owns Acuity Analytics as part of its global investment portfolio.

The details

The sale transfers ownership of Continuus Technologies Inc., a firm specializing in data, AI, and cloud engineering services, to Acuity Analytics. Acuity Analytics is a portfolio company backed by the private equity firm Permira. Following the sale, leadership will integrate the firm into the broader international operations of the London-based purchaser.

Timeline

  1. Continuus Technologies was founded in 2011.

  2. The sale of Continuus Technologies was announced on October 9, 2026.

Market Landscape

The acquisition follows a documented industry trend of private equity consolidation in the technology consulting sector, where regional firms are increasingly absorbed into global portfolios. This deal signals a broader move toward international scale for specialized AI and data engineering providers.

Milwaukee-area operators should monitor how this sale influences local service availability and pricing for data and AI consulting projects. Review existing vendor contracts to determine if the change in parent-company ownership triggers any service-level agreement updates or management transitions.

The takeaway

Consolidation in the consulting space often brings changes to service delivery and account management protocols. Operators should audit their current technology consulting partnerships to understand how a transition to international ownership might impact project continuity.

Further reading

For more on industry shifts, visit the Corporate Finance section.

Source note: This article includes information reported by BizTimes - Milwaukee Business News.

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Is it good for your local economy when regional companies are sold to international firms?