
Datasite, a global leader in AI-powered workflow collaboration for mergers and acquisitions (M&A), has acquired Sourcescrub, a California-based provider of deal-sourcing data and workflows. This strategic move enhances Datasite’s private market intelligence offerings, integrating Sourcescrub’s capabilities with Grata, a platform acquired earlier this year, to deliver advanced AI-driven solutions for M&A professionals.
Datasite acquires Sourcescrub to strengthen AI-powered M&A solutions.
Sourcescrub’s data integrates with Grata, covering 19 million private companies.
Backed by $500M investment from CapVest Partners for intelligence expansion.
Enhances deal sourcing, evaluation, and execution with AI and automation.
Sourcescrub adds human-enriched data and curated lists to Grata’s platform.
Aims to streamline M&A workflows for global professionals with Blueflame AI.
Datasite’s acquisition of Sourcescrub marks a significant step in its strategy to revolutionize the M&A technology landscape. Supported by a $500 million investment from CapVest Partners, Datasite aims to connect data, automation, and execution into a seamless offering. Sourcescrub’s deal-sourcing data and workflows will be integrated into Grata, enhancing Datasite’s ability to provide comprehensive private market intelligence. “By bringing our companies together, we will create a superior user experience, dataset and network for our customers,” said Prescott Nasser, Co-Founder of Sourcescrub.
Grata, acquired by Datasite earlier this year, provides visibility into over 19 million private companies through proprietary search infrastructure and AI-native discovery tools. The addition of Sourcescrub introduces human-enriched data, curated lists, deep integrations, and signal-rich sourcing workflows. “Grata’s platform brings visibility to over 19 million private companies, powered by a proprietary search infrastructure and AI-native discovery tools,” said Nevin Raj, Co-Founder of Grata. “Sourcescrub adds a powerful layer of human-enriched data, curated lists, deep integrations, and a signal-rich sourcing workflow.”
The acquisition aligns with Datasite’s mission to empower M&A professionals with advanced technology, including Blueflame AI solutions, to streamline deal sourcing, evaluation, and execution. “AI relies on high quality data and content to be useful,” said Rusty Wiley, President and CEO of Datasite. “This combination fuses together data and the expertise of industry-experienced analyst teams to label and train AI models for M&A professionals.” This integration ensures more accurate and efficient workflows for global M&A processes.
By combining Sourcescrub’s capabilities with Grata’s platform, Datasite is positioned to deliver unparalleled insights and automation for M&A professionals. The acquisition enhances the ability to discover, track, and engage with high-value targets, driving efficiency and success in private market transactions. This move solidifies Datasite’s leadership in providing AI-driven, SaaS-based solutions for the global M&A industry.
Datasite’s acquisition of Sourcescrub strengthens its position as a pioneer in AI-powered M&A technology, offering enhanced private market intelligence and streamlined workflows for dealmakers worldwide.
Datasite is a global SaaS provider of AI-powered workflow collaboration and automation solutions for M&A, investment, and strategic projects. Datasite’s innovative products drive execution, while generating unique data insights to empower knowledge workers around the world to succeed across the entire project lifecycle.
Sourcescrub is a deal sourcing platform for investment and mergers and acquisitions (M&A) teams. Sourcescrub uses more than 220,000 information sources to provide insights on 16 million companies to discover, track, and engage the best targets.
Grata is an AI-native private market intelligence and dealmaking company. Grata provides full market visibility with the most comprehensive, accurate, and searchable data on private companies.