Datasite – a leading SaaS platform used by enterprises globally to execute complex and strategic projects – has announced that it has acquired Sherpany, a Zurich-based board reporting and meeting management software provider. The terms of the agreement are not being disclosed and the transaction is expected to close in Q1 2024, subject to closing conditions.
Launched in 2011 and with offices across Europe, Sherpany’s software allows professionals to increase productivity by streamlining both board and general meeting preparation, execution and archiving. And Sherpany will run as a strategic business unit within Datasite and will function as a standalone entity, supported by Datasite’s ongoing investment.
Datasite is being advised by Torch Partners, KPMG LPP and Willkie Farr & Gallagher LLP. And Sherpany is being advised by Macquarie Capital and Kellerhals Carrard Zürich KlG.
KEY QUOTES:
“Datasite is committed to delivering products that enable professionals to execute complex, strategic projects. The acquisition of Sherpany extends our product suite with advanced functionality that facilitates board collaboration and meeting management, further enhancing organizational productivity. We look forward to integrating these capabilities into the Datasite platform, adding significant value for our customers.”
– Rusty Wiley, President & Chief Executive Officer of Datasite
“Creating a world where every meeting counts has been Sherpany’s mission from the very start. Datasite and Sherpany have a shared passion for leveraging technology to streamline business processes and boost organizational productivity. We are excited to further expand the scope and reach of our board collaboration and meeting management solutions with Datasite.”
– Tobias Häckermann, Founder and Chief Executive Officer of Sherpany
“After more than ten years of leadership, my fellow shareholders and I are excited to pass along and entrust Sherpany to new owners, enabling this great company and its great team to continue building a leading global market player.”
– Nicole Herzog, Chairwoman of Sherpany
