Clearsight Advises Postlight in its Acquisition by NTT DATA
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Digital Transformation practice. Clearsight served as the exclusive advisor to Postlight, LLC (“Postlight” or the “Company”) in its acquisition by NTT DATA Corp. (“NTT DATA”).
Postlight is a digital strategy, design and engineering firm, creating beautifully designed and expertly engineered digital products. The Company works with clients ranging from Goldman Sachs to Carnival Cruise Lines to NASDAQ, to deliver transformative products and maximize customer experience. With 100+ team members based in New York City and across the country, Postlight is an end-to-end partner to some of the world’s biggest organizations on their digital product journeys. This acquisition will benefit Postlight’s clients and employees through access to NTT DATA’s powerhouse of innovation resources and will progress NTT DATA’s continued digital innovation strategy.
Postlight Co-Founder Paul Ford commended the transaction, “Clearsight Advisors worked tirelessly to bring options that would be right for Postlight to the table, answered every late-night question that my Co-Founder Rich Ziade or I had, and brought calm that cut through complexity. This is an amazing next step for Postlight – NTT DATA is committed to growing Postlight into something much bigger and much better, with global impact. We lucked out with Clearsight, and I would be incredibly glad to work with the Clearsight team again.”
“The Clearsight team understood how important it was that an acquirer shared our values. NTT DATA has brilliant, thoughtful leadership and took the time to understand what makes Postlight tick: its culture, its values and its dedication to craft. When they shared their plan for Postlight, we connected immediately,” added Gina Trapani, CEO at Postlight.
Philo Tran, Managing Director and Head of Clearsight’s Digital Transformation practice, praised the transaction, “Postlight is an innovative business led by an incredible team. I have been impressed with the Company’s approach and delivery model from the very beginning and am thrilled to help the Postlight team close a fantastic transaction for all stakeholders. The future is bright for Postlight with NTT DATA, and we are excited for the great things to come from this partnership.”
Tory Steel, Director at Clearsight, noted, “Postlight’s ability to provide high-quality, end-to-end digital services for clients generated a premium outcome with a fantastic strategic partner. Postlight and NTT DATA are digital innovators primed for a remarkable future.”
The Clearsight deal team included Philo Tran, Tory Steel, Phil Loria and Logan Flake.