Investment Banking

Alantra to hire 50 after taking majority stake in tech start-up Deko Data

Analytics firm becomes the latest acquisition as the Madrid-headquartered bank looks to build out

Wednesday 9 November 2022 at 00:01

The mid-market focused Alantra has been adding dealmakers to its European operation, despite a pullback from larger rivals
The mid-market focused Alantra has been adding dealmakers to its European operation, despite a pullback from larger rivals Photo: Juan Medina/Alamy

Mid-market investment bank Alantra is hiring a team of 60 people after acquiring a majority stake in a specialist data analytics and artificial intelligence startup.

The Madrid-headquartered bank, which has been steadily adding to its roster of dealmakers in the UK and Europe, has taken a majority stake in Deko Data, a tech startup that focuses on artificial intelligence and advanced data analytics.