Yellow Elk and Intera Partners (“Intera”) team up to build a leading Nordic analytics powerhouse together. The partnership follows Yellow Elk’s impressive growth in recent years and looks to further accelerate growth and internationalization of the Swedish data, analytics and AI specialist.
Founded in 2018, Yellow Elk has rapidly grown to become a leading data analytics & AI specialist in Sweden. The company has partnered with Intera to further accelerate its growth and development, leveraging Intera’s extensive experience in supporting ambitious Nordic growth journeys.
Through its dedicated and experienced team, Yellow Elk offers a high level of expertise within data analytics & AI, spanning from data engineering to AI application, presentation, analysis and broader advisory including enterprise and data architecture as well as data-driven change. The company’s unique culture and ability to attract and retain experienced, highly capable professionals is the cornerstone of its success. Building on an entrepreneurial culture and long-term customer relations, the company has established local offices and a nationwide presence across Sweden, with a turnover of SEK 150 million today.
The data and analytics market in the Nordics continues to witness strong growth. This momentum is fueled by the rising importance of data-driven decision-making, increasing data volumes, and the adoption of sophisticated machine learning and AI technologies. Companies across various industries are seeking specialized support to harness the full potential of their data, driving strong demand for experts in the field.
“We are excited to enter this new phase together with Intera and have been convinced by their commitment and understanding of our business and values. We look forward to leveraging Intera’s extensive experience in supporting international growth journeys and building a Nordic data analytics & AI powerhouse together”, says Rikard Granqvist, Yellow Elk’s Co-founder and CEO.
“This partnership will not only enhance our capabilities but also expand our reach and impact within the data analytics & AI space. We will attract the most committed consultants across the Nordics who share our values and help our customers gain even more competitive advantage powered by data”, says Magnus Björk, Yellow Elk’s Deputy CEO.
“We are very impressed by Yellow Elk’s performance, unique culture and ability to attract top talent. We look forward to continuing this success story together with Rikard, Magnus and the team to create a Nordic champion in a rapidly expanding market. This investment fits perfectly into Intera’s strategy of supporting transformative growth journeys”, states Cecilia Waldehorn, Partner at Intera.
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Additional information:
Rikard Granqvist, Co-founder and CEO, Yellow Elk, tel. +46 (0)73 625 51 07
Magnus Björk, Deputy CEO, Yellow Elk, tel. +46 (0)76 820 13 48
Cecilia Waldehorn, Partner, Intera Partners, tel. +46 (0)70 339 38 20
