September 22, 2021
Clearsight Advises Blink UX in its Acquisition by Mphasis
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Digital Transformation practice. Clearsight served as the exclusive advisor to Blink Interactive, Inc dba. Blink UX (“Blink” or the “Company”) in its acquisition by Mphasis, Ltd. (NDS: MPHASIS) (“Mphasis”), a publicly traded company, with The Blackstone Group, Inc. as a majority owner.
Blink is a research-driven user experience (UX) design and strategy consultancy helping global enterprises launch innovative, brand-defining products. Since the Company’s founding in 2000, Blink has expanded from its Seattle headquarters to 130+ employees located across five US technology and research hubs. Blink offers integrated research, strategy, design and front-end development capabilities, offering clients a comprehensive solution across the product lifecycle. The Company’s evidence-based approach is core to each engagement and a key differentiator in Blink’s work for many of the world’s most innovative companies. The combination of Mphasis’s engineering capabilities with Blink’s innovation and design expertise creates a powerhouse in the digital product development space.
Karen Clark Cole, Blink Co-founder and CEO, applauded the deal closure, “Clearsight not only helped us find a great match in an acquisition partner, but they helped us pinpoint our go-to-market strategy. They were able to bring a whole new perspective to our business and provide insightful market analysis. The deal team worked tirelessly, were extremely knowledgeable and organized. They walked side by side with us through every step of the process and all the while being empathetic, highly responsive and fun to work with.”
Kelly Franznick, Blink Co-founder and Chief Innovation Officer, added, “I had the opportunity to get to know the Clearsight team for several years before we were ready to hire them. Their deep knowledge and insight about our space made them stand out from the rest. Once we started working together, it was clear that the team backed this up with rigor and attention to detail. Clearsight was exactly what we were looking for in an advisor. We are thrilled with the outcome and excited for our next chapter.”
Clearsight Managing Director Philo Tran summarized, “Karen, Kelly and the entire Blink team are true leaders and innovators in UX design and digital strategy. Blink’s evidence-driven design process delivers impactful products and services for their clients. With Mphasis’ deep engineering capabilities, the Company can now offer a true end-to-end solution at scale. I look forward to watching Blink reach new heights.”
The Clearsight deal team included Philo Tran, Alex Johnston, Emily Kasprzak and Emily Shepherd.