CapVest Partners LP Acquires Datasite

CapVest Partners LP, a London private equity firm, acquires Datasite, a Minneapolis-based provider of virtual room software services to principals involved in mergers and acquisitions. Capvest has about $5 billion in commitments. They also completed over 150 transactions in Europe, Ireland, Scandinavia and North America over a variety of industries.

Datasite, formerly known as Merrill Corp., transformed it business over the past few years. They did this by divesting historically printing businesses to concentrate on its software-as-service model. This model is centered on its Datasite product for merger and acquisition professionals. The company has 25 locations in 13 countries with 750 employees.

READ MORE: Federal Reserve Extends Main Street Lending Program

The terms of the ...

Login In


Register now for free access

Notify of
Inline Feedbacks
View all comments