Datasite, a global SaaS provider for M&A workflow automation, has acquired Sourcescrub, a deal-sourcing data company, from Francisco Partners.
This move is part of Datasite’s growth strategy, supported by a $500 million investment from CapVest Partners, aiming to unify data, automation, and execution in its intelligence solutions. Sourcescrub’s capabilities will be integrated into Grata, another recent Datasite acquisition, to enhance customer experience and datasets.
The acquisition advances Datasite’s mission to help M&A professionals improve efficiency with technology, including Blueflame AI, transforming how deals are sourced and executed worldwide.
Support: Datasite was advised by Deutsche Bank (M&A advisor), Willkie Farr & Gallagher LLP (legal), Alvarez & Marsal (financial), KPMG (tax), Lockton (insurance) and West Monroe (technology). Sourcescrub was advised by Raymond James (M&A advisor) and Kirkland & Ellis LLP (legal).
KEY QUOTES:
“Grata’s platform brings visibility to over 19 million private companies, powered by a proprietary search infrastructure and AI-native discovery tools. Sourcescrub adds a powerful layer of human-enriched data, curated lists, deep integrations, and a signal-rich sourcing workflow.”
Nevin Raj, Co-Founder of Grata
“AI relies on high quality data and content to be useful. This combination fuses together data and the expertise of industry-experienced analyst teams to label and train AI models for M&A professionals.”
Rusty Wiley, President and CEO of Datasite
