K1 Investment Management Acquires Reveal; Reveal Merges with Brainspace
January 26, 2021
K1 Investment Management has invested in the combined Reveal and Brainspace organization, acquiring Reveal from Gallant Capital Partners and merging Reveal with Brainspace to create a leading AI-powered eDiscovery platform. The combined company will receive more than $200 million of investment from K1 to accelerate product development, expand sales and marketing, and grow R&D and data science capabilities.
- Buyers
- K1 Investment Management
- Targets
- Reveal Data Corporation, Brainspace Corporation
- Sellers
- Gallant Capital Partners
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Transaction Type
- Buyout
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