"Matei and the rest of the Sandfox team did an outstanding job and were a pleasure to work with. Their experience, connections, and tenacity were invaluable throughout the process of finding the best home for Neal Analytics. We and our investors are thrilled with the outcome and would hire Sandfox again without hesitation."
- Dylan Dias, Neal Analytics CEO
Sandfox Advisors is pleased to announce that it has advised Neal Analytics on its sale to Fractal, a global provider of Artificial Intelligence and advanced analytics solutions to Fortune 500 companies.
Neal Analytics is a 200+ employee consultancy based in the Seattle area of Washington that specializes in data science, AI & ML, IoT, edge computing, application development, and related capabilities that help the world’s leading companies navigate the digital transformation journey. Neal is a Microsoft Gold Partner and delivers sophisticated solutions ranging from gas pipeline predictive maintenance to vision-powered stockout prevention leveraging cutting-edge technologies such as Bonsai and Databricks.
Founded in 2011 by Dylan Dias, Neal Analytics has grown every single year as a result of the company's culture of innovation and curiosity, steadfast determination, and a penchant for consistently staying abreast of the latest technologies to deliver significant and measurable results for its clients.
Fractal is one of the most prominent players in the AI space. Backed by Apax Partners, Fractal’s mission is to power every human decision in the enterprise and bring AI, engineering, and design to help the world’s most admired Fortune 500® companies. Fractal has more than 3,500 employees across 16 locations worldwide, including the United States, UK, Ukraine, India, Singapore, and Australia.
Dylan Dias, CEO, Neal Analytics, said, "This is the successful culmination of a thorough, year-long process. Our goals were to find the best long-term home for Neal's 200+ employees, a platform to scale faster, and the ability to play a bigger role in this fast-accelerating space. Fractal was a clear choice. Our culture and vision are 100% aligned. This is an exciting opportunity to empower our people and work alongside like-minded practitioners to transform businesses with cloud, data, and AI. It will enable Neal Analytics and Fractal to grow and achieve more together."
Sandfox Advisors, with a team led by Matei Sanders and Rubin Stack, served as the exclusive financial advisor to Neal Analytics.
Further reading: Fractal expands cloud AI offerings with the acquisition of Neal Analytics