Datasite, a leading global SaaS provider of AI-driven workflow collaboration and automation solutions for mergers and acquisitions (M&A), investment, and strategic projects, has announced the acquisition of Sourcescrub, a California-based leader in deal-sourcing data and workflow solutions, from Francisco Partners.
This acquisition marks a significant step in Datasite’s ongoing growth strategy, backed by a $500 million investment commitment from CapVest Partners, its controlling shareholder. The investment aims to expand Datasite’s intelligence-driven offerings and transform the M&A technology landscape by uniting data, automation, and deal execution into a single, seamless platform.
Sourcescrub’s robust data and advanced capabilities will be integrated into Grata, an M&A search and intelligence platform that Datasite acquired earlier in the year. “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.
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Grata currently provides visibility into 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,” said Nevin Raj, Co-Founder of Grata.
The acquisition reinforces Datasite’s mission to help M&A professionals work smarter, faster, and more strategically. Leveraging technologies such as its Blueflame AI solutions, Datasite is redefining how deals are sourced, evaluated, and executed on a global scale.
“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.”
With the addition of Sourcescrub, Datasite is positioned to offer unmatched intelligence capabilities, delivering a new standard for efficiency, accuracy, and innovation in the M&A sector.