Datasite Acquires MergerLinks

CapVest Acquires Datasite

October 20, 2020

Cloud & SaaS

Funds managed by CapVest Partners LLP have agreed to acquire Datasite Global Corporation, a Minneapolis-headquartered SaaS provider serving the global M&A community. CapVest plans to support Datasite's next phase of growth and product expansion across its deal lifecycle platform including Datasite Diligence, Prepare, Outreach and Acquire.

Datasite Acquires Firmex from Vertu Capital and BDC Growth Equity Partners

July 26, 2021

Cloud & SaaS

Datasite, a leading SaaS provider for M&A professionals, has acquired Firmex, a Toronto-based virtual data room and secure document-sharing SaaS provider, from majority owners Vertu Capital and BDC Growth Equity Partners Fund I. Firmex will operate as a standalone strategic business unit within Datasite with its management team retained; financial terms were not disclosed.

Datasite Acquires Sherpany

February 23, 2024

Cloud & SaaS

Datasite, a Minneapolis-based SaaS provider for complex strategic projects, has agreed to acquire Sherpany, a Zurich-based board reporting and meeting management software provider. The deal (terms undisclosed) is expected to close in Q1 2024 and will see Sherpany operate as a strategic business unit within Datasite to extend Datasite's product suite and board collaboration capabilities.

American Tower Acquires DataSite

October 20, 2021

Telecommunications

American Tower Corporation acquired DataSite, a regional operator of multi-tenant colocation/data-center facilities in Orlando, Florida and Atlanta, Georgia. The deal adds two colocation assets to American Tower’s data-center portfolio and expands its presence in the Atlanta and Florida markets; DH Capital served as sole financial advisor to DataSite.

Datasite Acquires Sourcescrub

August 12, 2025

Data & Analytics

Datasite has acquired Sourcescrub, a California-based deal-sourcing data and workflow provider, from Francisco Partners. Sourcescrub's data and capabilities will be integrated into Grata to expand Datasite's private market intelligence and AI-powered sourcing solutions.

Datasite Acquires Blueflame AI

July 26, 2025

AI & Machine Learning

Datasite, the PE-backed global SaaS provider of AI-powered M&A workflow solutions, has acquired Blueflame AI, an agentic AI platform for investment and financial services. Blueflame will join Datasite's Intelligence Unit and continue to be led by co-founder Raj Bakhru, with terms not disclosed and ongoing investment supported by Datasite and its controlling shareholder CapVest Partners.