Datasite Completes Acquisition of Sealk
September 04 2024 - 5:00AM
Business Wire
Paris-Based Company Accelerates Datasite’s AI
and M&A Search Capabilities
Datasite®, a leading SaaS platform used by enterprises globally
to execute complex, strategic projects, today announced that it has
completed its acquisition of Paris-based Sealk®, an advanced
artificial intelligence (AI) search engine that provides dealmakers
with a powerful new way to conduct company and mergers and
acquisitions (M&A) transactions research. Terms of the
agreement are not being disclosed.
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the full release here:
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Datasite and Sealk have joined forces to
provide dealmakers with a powerful new AI-powered way to conduct
company and M&A transactions research. (Photo: Business
Wire)
Founded in 2018, Sealk’s AI simplifies deal origination research
processes so dealmakers can easily screen potential targets,
prospect new markets, and build buyer lists. Sealk adds to
Datasite’s growing portfolio of applications that make the
management of all phases of M&A more efficient and
effective.
“Sealk accelerates and enhances Datasite’s M&A search
capabilities, providing visibility into more than 50 million
companies by combining private and public data sources,” said Rusty
Wiley, President & Chief Executive Officer of Datasite. “With
Sealk, our customers will be able to source deals more quickly and
intelligently.”
The acquisition will also help fuel Sealk’s growth, in line with
Datasite’s vision to supercharge dealmaker insights through the
intersection of AI, data, and expert analysis. Sealk will continue
to be offered as a standalone solution.
“We started Sealk to help dealmakers efficiently identify
opportunities and access intelligent insights into companies, deals
and sectors,” said Hugo Le Houarner, Chief Executive Officer of
Sealk. “Joining Datasite helps us continue this mission on a larger
scale, while sharing the same conviction in the transformative
power of data and AI for M&A dealmakers.”
Datasite was advised by global advisory firm D’Ornano + Co. and
KPMG. Sealk was advised by international law firm Gide Loyrette
Nouelle.
To learn more about Datasite and Sealk, please visit: Datasite
M&A Search Solution. For in-person demonstrations please visit
Datasite and Sealk at the IPEM private equity conference on
September 9-11 in Paris.
About Datasite
Datasite is a leading SaaS platform that is used by enterprises
globally to execute complex, strategic projects. Datasite’s
innovative products drive workflow automation and efficiencies,
while generating unique data insights to empower knowledge workers
around the world to succeed across the entire project lifecycle.
For more information, visit www.datasite.com
About Sealk
Sealk is an AI-powered search technology that improves deal
sourcing processes for the M&A, private equity, legal, and
consulting industries. For more information, visit
https://www.datasite.com/en/solutions/purpose/m-and-a-search
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Laura Powers Datasite 212-367-6168 laura.powers@datasite.com
Nicholas Koulermos 5W Public Relations 646-843-1812
Datasite@5WPR.com