Riveron, a business advisory firm supported by Kohlberg & Company, has acquired Yantra, a technology and advisory services provider. The financial details of the acquisition remain undisclosed. This move positions Riveron among the elite NetSuite Alliance Partners globally, allowing it to offer clients a range of value-enhancing solutions.
Yantra, founded in 2009 by Vikram Bhandari, a US entrepreneur of Indian descent, employs approximately 300 professionals across the US, Canada, India, and the Philippines. In 2023, Kohlberg & Company affiliates acquired Yantra from H.I.G. Capital, which retains a minority stake and continues to collaborate with Riveron. Riveron operates 16 offices worldwide.
As part of the acquisition, Bhandari will take on the role of Chief Technology and Innovation Officer at Riveron, where he will provide insights on the practical applications of AI for CFOs, among other responsibilities. This acquisition boosts Riveron’s global workforce to over 1,000 skilled professionals.
Yantra excels in areas such as NetSuite, Oracle, Salesforce, data science and advanced analytics, integration platforms, business transformation, AI and RPA, and managed services. The company works closely with CFOs and CIOs to foster innovation, drive growth, and achieve strategic objectives.
