Riveron, a business advisory firm backed by Kohlberg & Company, has acquired Yantra, a prominent technology and advisory services provider. This strategic acquisition marks a significant expansion for Riveron, positioning it among the global NetSuite Alliance Partners and enhancing its value-driven solutions for clients.
Yantra, founded in 2009 by Vikram Bhandari, a US entrepreneur of Indian origin, employs approximately 300 professionals across the United States, Canada, India, and the Philippines. The company’s expertise spans NetSuite, Oracle, Salesforce, data science & advanced analytics, integration platforms, business transformation, AI & RPA, and managed services. Yantra partners with CFOs and CIOs to drive innovation, growth, and the achievement of strategic goals.
In 2023, Yantra was acquired by affiliates of Kohlberg & Company from H.I.G. Capital, which continues to maintain a minority investment in Riveron. With this acquisition, Riveron expands its team, increasing its global headcount to over 1,000 professionals and strengthening its capabilities across various service lines.
Vikram Bhandari will join Riveron as Chief Technology and Innovation Officer. His role will involve serving clients across multiple sectors, bringing a fresh perspective on the practical applications of AI for CFOs. This move underscores Riveron’s commitment to innovation and technology-driven solutions.
Riveron, with its 16 global offices, aims to leverage Yantra’s technological prowess and advisory expertise to provide comprehensive solutions that enhance client value and drive business transformation.
