Datasite Acquires Sourcescrub to Enhance Private Market Intelligence and AI-Powered M&A Solutions

Datasite, a global provider of AI-powered workflow collaboration and automation solutions for mergers and acquisitions, investment, and strategic projects, has announced the acquisition of Sourcescrub, a California-based provider of deal-sourcing data and workflows, from Francisco Partners. The move marks a significant step in Datasite’s strategy to expand its private market intelligence capabilities and deliver a more integrated, intelligent platform for M&A professionals. The acquisition brings together Sourcescrub’s deep, human-curated data and expert-driven sourcing workflows with Datasite’s existing technology, particularly Grata—the AI-native private market intelligence platform Datasite acquired earlier this year. Together, the companies aim to create a more powerful, seamless experience for users by combining vast datasets with human expertise and advanced AI. “AI relies on high-quality data and content to be useful,” said Rusty Wiley, President and CEO of Datasite. “This combination fuses data and the expertise of industry-experienced analyst teams to label and train AI models for M&A professionals.” Sourcescrub’s platform leverages over 220,000 information sources to deliver insights on more than 16 million companies, enabling investment and M&A teams to discover, track, and engage with high-potential targets. Grata’s platform already offers visibility into over 19 million private companies through a proprietary search infrastructure and AI-native discovery tools. With the addition of Sourcescrub’s curated lists, signal-rich workflows, and deep integrations, the combined offering will deliver richer context, higher accuracy, and faster deal sourcing. Prescott Nasser, Co-Founder of Sourcescrub, emphasized the strategic alignment: “By bringing our companies together, we will create a superior user experience, dataset, and network for our customers.” The acquisition supports Datasite’s broader mission to transform how deals are sourced, evaluated, and executed through technology. It aligns with a $500 million investment commitment from CapVest Partners, Datasite’s controlling shareholder, to further expand intelligence solutions and strengthen the M&A technology ecosystem. The deal also underscores the growing importance of data quality and human-in-the-loop intelligence in AI-driven workflows. By integrating Sourcescrub’s analyst-led insights with Datasite’s Blueflame AI solutions, the company aims to help professionals work smarter and faster across the entire deal lifecycle. Datasite was advised by Deutsche Bank as M&A advisor, Willkie Farr & Gallagher LLP for legal, Alvarez & Marsal for financial advisory, KPMG for tax, Lockton for insurance, and West Monroe for technology. Sourcescrub was advised by Raymond James as M&A advisor and Kirkland & Ellis LLP for legal. For more information about Datasite, visit www.datasite.com. For more information about Sourcescrub, visit www.sourcescrub.com. For more information about Grata, visit www.grata.com.