Altimetrik and SLK Software Join Forces to Create an AI-Driven Engineering Powerhouse
In a landmark move set to redefine the landscape of digital engineering and AI-driven solutions, Altimetrik, a leading provider of AI, Data, and Digital engineering services, has announced the signing of a definitive agreement to acquire SLK Software (“SLK”), a globally recognized technology services firm. This strategic acquisition is poised to amplify Altimetrik’s capabilities, expand its customer base, and accelerate its journey toward achieving $1 billion in annual revenue. The transaction, subject to customary closing conditions, is expected to be finalized in the second half of 2025. Financial terms of the deal remain undisclosed.
Founded in 2000, SLK Software has established itself as a trailblazer in the tech industry, renowned for its innovative digital solutions and expertise in AI, intelligent automation, and analytics. By integrating SLK’s comprehensive technology services stack with Altimetrik’s AI-first, platform-native engineering model, the combined entity will offer unparalleled end-to-end enablement services. This synergy will empower enterprises to modernize their platforms, streamline operations, and unlock new levels of efficiency through cutting-edge data and AI technologies.
Strengthening Capabilities and Customer Reach
Altimetrik has long been at the forefront of digital transformation, leveraging advanced data engineering and AI-led deployments to deliver high-ROI outcomes for its clients. The company’s bite-sized approach to digital innovation has earned it a reputation for excellence in driving business value creation. With the acquisition of SLK, Altimetrik will further bolster its capabilities by tapping into SLK’s deep customer relationships, global operational footprint, and complementary leadership talent.
“In today’s rapidly evolving business environment, AI—especially Generative AI and Machine Learning—is the driving force behind true business value,” said Raj Sundaresan, CEO of Altimetrik. “To enable an AI-first business, a robust data cloud infrastructure grounded in product and platform engineering rigor is essential. Our investment in SLK underscores our commitment to delivering innovative, AI-driven solutions that help customers achieve transformative results at unmatched speed and scale. We are thrilled to welcome SLK Software into the Altimetrik family.”
For SLK, this acquisition represents more than just a merger—it’s a strategic acceleration. “This is not a traditional integration; it’s about amplifying our collective potential,” said Parth Amin, Founder and Chairman of SLK Software. “Altimetrik shares our core values of customer intimacy, people-centricity, and a relentless focus on innovation and agility. Together, we will unlock greater capabilities for our clients while maintaining the speed and responsiveness they trust us for.”
A Global Leader in Digital Transformation
Upon the completion of the transaction, the combined entity will serve a global customer base of over 150 businesses, including Fortune 500 companies and some of the world’s most innovative tech enterprises. The partnership network will feature era-defining pioneers such as OpenAI, Amazon Web Services, Snowflake, and Databricks, further solidifying the company’s position as a leader in the digital engineering space. With a workforce exceeding 10,000 professionals worldwide, the combined business will support organizations across diverse industries, including Financial Services, Pharma and Lifesciences, Technology, and Manufacturing.
The integration of Altimetrik and SLK will enable the delivery of world-class governance, compliance, and platform security while helping clients modernize legacy systems through data and AI. This includes solving complex business challenges with precision and speed, simplifying complexity, and driving measurable impact at scale.
Strategic Growth and Value Creation
The acquisition aligns seamlessly with TPG Capital Asia’s investment thesis in technology services, which focuses on backing providers that lead the data and AI transformation journey for customers. “This combination creates an AI-first digital engineering platform with the scale, leadership, and execution capabilities to deliver meaningful outcomes across industries,” said Puneet Bhatia, Co-Managing Partner and Country Head, India of TPG Capital Asia and Board Member at Altimetrik. “With TPG’s experience in supporting enterprise tech businesses, we are excited to back this next phase of growth and value creation.”
Vivek Mohan, Business Unit Partner at TPG Capital Asia and Board Member at Altimetrik, echoed this sentiment, stating, “This acquisition underscores our belief in backing differentiated business models that are redefining the tech services landscape. Together, Altimetrik and SLK are well-positioned to drive significant value for customers.”
Raj Vattikuti, Board Member and Founder of Altimetrik, highlighted the broader implications of the merger: “Beyond combining capabilities, this acquisition is about scaling what we do best—solving real business problems with precision and speed. With SLK, we are expanding our ability to bring industry context, simplify complexity, and deliver AI-native transformation.”
Ajay Kumar, CEO of SLK Software, added, “SLK’s customer-first approach has consistently delivered outstanding results for our clients. As part of Altimetrik, we are now set to unlock exceptional value and drive measurable impact at scale for our customers.”
Advisors and Next Steps
Avendus Capital acted as the exclusive financial advisor to SLK Software, while EY served as the exclusive financial advisor to Altimetrik and TPG. Both companies are committed to ensuring a seamless transition and integration process, with the goal of hitting the ground running upon closing the transaction.
This acquisition marks a pivotal moment for both Altimetrik and SLK, signaling their shared vision of shaping the future of AI-driven digital engineering. By combining their strengths, the two companies are poised to become a dominant force in the industry, empowering businesses to thrive in an increasingly data-driven world.
About Altimetrik
Altimetrik is a pure-play AI, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group’s BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at altimetrik.com.
About SLK Software
SLK Software is a global technology services provider focused on bringing AI, intelligent automation, and analytics together to create leading-edge technology solutions for our customers through a culture of partnership with them, led by an evolutionary mindset. For 25 years, we have helped organizations across diverse industries — insurance providers, financial service organizations, investment management companies, and manufacturers — reimagine their business and solve their present and future needs. Certified as a Great Place To Work®, we encourage an approach of constructively challenging the status quo in all that we do to enable peak business performance for our customers and for ourselves, through disruptive technologies, applied innovation, and purposeful automation. Find out how we help leading organizations reimagine their business at www.slksoftware.com.
