Datasite, a Minneapolis, MN-based SaaS-based technology provider for mergers and acquisitions professionals, acquired MergerLinks, a London, UK-based financial data platform.
The amount of the deal was not disclosed.
The deal supports Datasite’s continued investment in innovation. MergerLinks and its management team are operating as a strategic product unit within Datasite.
Founded by Bartosz Jaskula, MergerLinks is a financial data platform used by finance professionals to find deal information, promote credentials, and identify and connect with investors, companies, and advisors for capital transactions. The platform provides vetted data on over 240,000 M&A professionals (investors, managers, bankers, lawyers, consultants) and over 9,000 advisory firms, including the transactions in which dealmakers have been involved in, to help users find potential deal partners and advisors.
Led by CEO Rusty Wiley, Datasite is a SaaS (software as a service) provider for the M&A industry, empowering dealmakers around the world with the tools they need to succeed across the entire deal lifecycle. In addition to its market leading virtual data room application for conducting due diligence, Datasite has introduced new applications to address M&A pain points across the entire deal lifecycle. Powered by artificial intelligence and machine learning, these applications support deal pipeline management, preparation, asset marketing, and buy-side acquisition. Earlier this year, the company also introduced Datasite Cloud™, a platform for managing every stage of the dealmaking process, all in one place. To support its growth in new markets and a wider range of use cases, in 2021 Datasite also acquired Firmex, a virtual data room and subscription file-sharing provider, based in Toronto, Canada.
