Allied Advisers Served as Sell-Side Advisor to Parity Computing on its Sale to Elsevier
- Gaurav Bhasin
- Jul 29, 2019
- 1 min read
Summary:
Allied Advisers served as sell-side advisor to Parity Computing on its acquisition by Elsevier. The transaction supports the expansion of advanced analytics capabilities in urban mobility and infrastructure, enabling the development of data-driven solutions to improve traffic flow, reduce congestion, and enhance transportation system efficiency. Parity Computing’s collective intelligence technology will be integrated to strengthen intelligent decision-making across complex, real-world systems.
About Parity Computing
Parity Computing is a technology company that develops software based on principles of collective intelligence to optimize complex, dynamic systems. Its platform enables decentralized coordination across large-scale networks, improving efficiency in applications such as urban mobility and transportation systems. By leveraging real-time data and adaptive algorithms, Parity Computing helps organizations reduce congestion, improve resource allocation, and enhance overall system performance. The company works with enterprises and public sector organizations addressing large-scale operational challenges.
About Elsevier
Elsevier is a global information analytics company specializing in scientific, technical, and medical content and data-driven solutions. The company provides digital tools and platforms that support research, clinical decision-making, and institutional performance. Elsevier serves researchers, healthcare professionals, and organizations worldwide with products including journals, databases, and analytics solutions. As part of RELX, Elsevier focuses on advancing knowledge and enabling data-driven decision-making across research and healthcare ecosystems.
About Allied Advisers
Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.
