Datasite Acquires Grata To Strengthen AI-Driven Market Intelligence Capabilities

Datasite, a global SaaS provider of AI-powered workflow and automation solutions for mergers and acquisitions, investment, and strategy, has announced its acquisition of Grata. At the same time, CapVest Partners LLP (“CapVest”), the controlling shareholder of Datasite, plans to invest $500 million through both organic growth and acquisitions to further enhance Datasite’s intelligence offerings.

Rusty Wiley, the Chief Executive Officer and President of Datasite, stated that Grata provides comprehensive, accurate, and easily searchable data on private companies.  He explained that when this data is combined with the Datasite Group’s anonymized and aggregated insights, it creates an unmatched powerhouse of market intelligence.

Datasite Aims To Boost Market Intelligence And Global Reach With Grata Acquisition

Wiley added that this important combination produces a unique market intelligence solution for enterprises around the world. He further mentioned that Grata’s detailed data on private companies, together with Datasite’s extensive and trusted database, offers an unparalleled resource in market intelligence. He said Datasite’s database captures more than fifty-five thousand projects every year.

Grata, headquartered in New York, offers an AI-native platform designed for private market workflows that merges proprietary company data with integrated dealmaking software solutions.

Datasite’s acquisition and continued investment in Grata will speed up the advancement of its innovative deal sourcing and market intelligence capabilities. The company’s co-founders, Andrew Bocskocsky and Nevin Raj, will remain at the helm of Grata, operating it as a strategic business unit within Datasite.

Andrew Bocskocsky, Chief Executive Officer and Co-Founder of Grata, conveyed his excitement about joining Datasite. He stated that they were excited to become part of the Datasite team and support their shared vision with substantial investment.

Bocskocskya added that, together, by leveraging Datasite’s global reach, they aimed to expand into international markets and deliver unprecedented value to their users.

CapVest Supports Grata Integration As Datasite Strengthens Global AI-Driven Solutions

Christopher Campbell, a partner at CapVest, said that having accurate and up-to-date data on private markets helps businesses and investors reach their goals more easily. He also welcomed Grata to the Datasite Group and said they look forward to sharing useful insights with the mergers and acquisitions community.

Datasite got help from several companies for the deal. Arma Partners advised on M&A, Willkie Farr & Gallagher LLP helped with legal matters, Alvarez & Marsal gave financial advice, KPMG worked on taxes, Lockton covered insurance, and West Monroe supported with technology. Grata was advised by Deutsche Bank for M&A and Orrick for legal services.

Datasite is a global software company that provides AI-powered tools for teamwork and automation in mergers, investments, and other big projects. Its tools help people get work done and give smart insights using data from across the project.

Grata is known as a top company in private market data and dealmaking. It offers detailed, accurate, and easy-to-search information about private companies.