Hexaware acquires Softcrylic; boosts its data and analytics capabilities

Carlyle Group backed Hexaware Technologies has acquired Softcrylic, a Minneapolis based data consulting firm. While Hexaware didn’t disclose the financials of the deal, the acquisition would boost the mid-tier IT firm’s data and analytics capabilities, said the company in a statement. Global investment bank, Canaccord Genuity, advised Softcrylic on the transaction.