P&S CAPITAL acted as sell-side advisor to the majority shareholders of In516ht in its sale to global AI services provider Blend, USA. Throughout the transaction process P&S CAPITAL provided comprehensive legal and financial support, including transaction structuring, negotiation of transaction documentation, and coordination of closing activities.
In516ht is Snowflake CEE Growth AI Data Cloud Partner of the Year 2025 and leading data engineering consultancy headquartered in Ljubljana, Slovenia, with subsidiaries in Dubai, UAE and Riyadh, KSA. The acquisition expands Blend’s capabilities within the Snowflake Data Cloud ecosystem and deepens its engineering footprint globally.
The acquisition combines Blend’s global AI and analytics capabilities with In516ht’s deep expertise in modern data architecture, data engineering, and Snowflake-based transformations. Together, the organizations will be positioned to support clients across the full data and AI lifecycle—from platform modernization and cloud migration to advanced analytics and enterprise AI deployment.
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