Datasite, the M&A technology provider, has acquired Grata, the New York-based private market intelligence platform. Terms of the transaction were not disclosed. The deal expands Datasite’s data capabilities into comprehensive private company coverage. “We’ve built something truly unique in the private markets space, and joining forces with Datasite allows us to scale our vision globally,” remarked Andrew Bocskocsky, CEO and Co-Founder of Grata. “This partnership gives us the resources and reach to deliver unprecedented insights to dealmakers worldwide.”
We’ve built something truly unique in the private markets space, and joining forces with Datasite allows us to scale our vision globally. This partnership gives us the resources and reach to deliver unprecedented insights to dealmakers worldwide. — Andrew Bocskocsky
Founded in 2016 by Andrew Bocskocsky and Nevin Raj, Grata had raised $35M across multiple rounds from investors including Craft Ventures, Bling Capital, Accomplice, Touchdown Ventures, Teamworthy Ventures, Altai Ventures, and Eigen Ventures. AlleyWatch covered Grata’s last round in 2022 – Grata Raises $25M for its Intelligence Platform that Covers Private Companies. The company built an AI-native search engine that transforms how private equity firms, investment banks, and corporate development teams discover and analyze middle-market companies. Following the acquisition, both founders will remain at the helm of Grata as it operates as a strategic business unit within Datasite’s expanding portfolio.
The deal positions Datasite to compete more aggressively in the market intelligence space, leveraging Grata’s private company datasets alongside its existing M&A project database covering 55,000+ annual transactions. Separately, CapVest Partners, Datasite’s controlling shareholder, has committed $500 million for organic and inorganic investments to expand Datasite’s intelligence solutions portfolio. “The combination creates a data powerhouse that no competitor can match,” remarked Rusty Wiley, CEO of Datasite. “Private market intelligence has been fragmented and incomplete. By merging Grata’s comprehensive private company coverage with our transaction insights, we’re solving a fundamental problem for dealmakers who need complete market visibility.”
The combination creates a data powerhouse that no competitor can match. Private market intelligence has been fragmented and incomplete. By merging Grata’s comprehensive private company coverage with our transaction insights, we’re solving a fundamental problem for dealmakers who need complete market visibility. – Rusty Wiley
