In a move set to redefine the AI-powered digital transformation landscape, Altimetrik, a Detroit-headquartered pure-play AI, data, and digital engineering solutions company, has announced the signing of a definitive agreement to acquire SLK Software. The deal, expected to close in the second half of 2025, marks a strategic step toward Altimetrik’s ambitious goal of achieving $1 billion in annual revenue. Financial details of the transaction remain undisclosed.
This acquisition represents more than a consolidation of capabilities—it signals the creation of a formidable force in the AI-first services sector, bringing together over 10,000 professionals, a customer base spanning Fortune 500 enterprises, and a shared vision to accelerate digital transformation through product-centric, data-driven engineering.
Founded in 2000, SLK Software has carved a name in the technology services sector with its strong focus on AI, intelligent automation, and analytics solutions. By combining its expertise with Altimetrik’s proven capabilities in platform-native engineering, the joint entity is poised to serve a broader range of enterprises across industries—from financial services and life sciences to manufacturing and technology.
Altimetrik, already recognized as a digital transformation leader, gains strategic scale and client reach through SLK’s robust customer relationships and global delivery infrastructure.
“This is not a traditional integration. It is a strategic acceleration,” said Parth Amin, Founder & Chairman of SLK Software. “In Altimetrik, we’ve found a partner who shares our values of customer intimacy, people centricity, and a passion for innovation and agility.”
The move reflects the fast-evolving enterprise need to embed AI across business functions and products at scale. For both Altimetrik and SLK Software, the alignment couldn’t be timelier.
“In today’s world, AI, and especially Generative AI and Machine Learning, is the engine that is driving true business value,” said Raj Sundaresan, CEO of Altimetrik. “To enable an AI-First business, a robust data cloud infrastructure grounded in platform engineering rigor is crucial. Our investment in SLK reflects our intention to deepen our commitment to customers who are looking for digital, AI-driven solutions that enable business value creation at unparalleled speed and scale.”
SLK’s existing investments in AI-led solutions and its evolution mindset complement Altimetrik’s product-oriented, agile digital business methodology. The merged vision aims to simplify the complexity of legacy platforms, enabling enterprise modernization while ensuring governance, compliance, and cybersecurity.
With a global delivery network and partnerships with technology trailblazers like OpenAI, AWS, Snowflake, and Databricks, the combined company is well-positioned to lead enterprises into the next era of digital innovation.
Ajay Kumar, CEO of SLK Software, said, “SLK’s customer-first approach has led to building offerings powered by AI to deliver outstanding results for our clients. As a combined entity, SLK and Altimetrik are now set to unlock exceptional value and drive measurable impact at scale for our clients.”
Adding to this, Raj Vattikuti, Founder and Board Member of Altimetrik, emphasized, “Beyond combining capabilities, bringing together the two businesses 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.”
The acquisition also underscores growing investor interest in enterprise AI services. Global private equity firm TPG Capital Asia, a key investor in Altimetrik, reaffirmed its belief in the combined entity’s potential to shape the future of intelligent technology services.
“Altimetrik and SLK coming together is a strategic leap for the industry,” said Puneet Bhatia, Co-Managing Partner and Country Head, India, TPG Capital Asia. “This combination creates an AI-first digital engineering platform with the scale, leadership, and execution muscle to deliver meaningful outcomes across industries.”
Vivek Mohan, Business Unit Partner at TPG Capital Asia, added, “This acquisition underscores TPG’s investment thesis in technology services, which is indexed on backing strategic technology providers that are leading the data and AI transformation journey for customers, with differentiated business, pricing and delivery models.”
To ensure a seamless and strategic transition, EY served as the exclusive financial advisor to Altimetrik and TPG, while Avendus Capital advised SLK Software.
Once finalized, the deal will empower the combined business to expand its AI-driven services portfolio, serve new global markets, and accelerate the development of platform-native, intelligent digital solutions.
This alliance is not just about scale—it’s about synergy. It fuses shared values, complementary strengths, and a singular focus: to help businesses transform with intelligence, speed, and sustainable impact.
Altimetrik is a pure-play AI, Data, and Digital business services company with over 6,000 employees worldwide. 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 delivers business outcomes through a product-oriented, agile methodology that drives innovation without disruption. Visit www.altimetrik.com to learn more.
About SLK Software SLK Software is a global technology services provider with a strong focus on AI, intelligent automation, and analytics. Certified as a Great Place To Work®, SLK helps organizations across industries reimagine their business with disruptive technologies and applied innovation. Learn more at www.slksoftware.com.
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