Alchemy Technology Services has been acquired by NTT DATA
October 2025 — NTT DATA, a global leader in AI, digital business and technology services, has acquired Alchemy Technology Services, a specialist insurance technology consultancy. The acquisition will enhance Alchemy’s ability to scale, extend its international footprint and drive innovation in partnership with major global insurers. It will also support NTT DATA’s insurance strategy and strengthen its delivery capabilities across key markets.
Founded in 2018, Alchemy specializes in digital transformation and consultancy services for the global insurance industry. The company is a Guidewire Advantage Partner, delivering solutions across core platform implementations, upgrades, testing and cloud adoption. Headquartered in Northern Ireland, Alchemy also has a presence in London following its acquisition of a UK-based insurance technology firm in 2023. The company is recognized for its agile approach, client-first ethos and investment in talent development through its bespoke academy model. Alchemy plays a key role in the commercial and London market, offering strategic consultancy and implementation support for insurers operating in complex, highly regulated environments.
NTT DATA is a US$30 billion business and technology services leader, serving 75 percent of the Fortune Global 100. The company is committed to accelerating client success and delivering positive societal impact through responsible innovation. NTT DATA is one of the world’s leading AI and digital infrastructure providers, with extensive capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. As a Global Top Employer, the company has experts in more than 50 countries and offers access to a broad ecosystem of innovation centers, as well as established and start-up partners. NTT DATA is part of NTT Inc., a listed Japanese company.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, acted as the exclusive sell-side advisor to the shareholders of Alchemy Technology Services in its sale to NTT DATA.
John Harkin
Founder and CEO, Alchemy Technology Services
Talk to the deal team
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn moreLandmark US$85 million employee secondary share transaction for Wayve
Crowdcube, Europe’s largest equity crowdfunding and private market investment platform, has completed a US$85 million employee share sale for Wayve, the first employee liquidity transaction on the LSE’s Private Securities Market and the largest to date under the FCA’s PISCES framework. The deal is a milestone for UK capital markets, demonstrating how new market structures can unlock liquidity for employees and early shareholders in high-growth private companies.
Learn more