Draft:Datasite
 | Review waiting, please be patient.
This may take 8 weeks or more, since drafts are reviewed in no specific order. There are 2,957 pending submissions waiting for review.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
Reviewer tools
|
| Submission declined on 31 August 2025 by Utopes (talk). This submission does not appear to be written in the formal tone expected of an encyclopedia article. Entries should be written from a neutral point of view, and should refer to a range of independent, reliable, published sources. Please rewrite your submission in a more encyclopedic format. Please make sure to avoid peacock terms that promote the subject.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
This draft has been resubmitted and is currently awaiting re-review. |  |
| Submission declined on 27 July 2025 by MediaKyle (talk). Your draft shows signs of having been generated by a large language model, such as ChatGPT. Their outputs usually have multiple issues that prevent them from meeting our guidelines on writing articles. These include: Declined by MediaKyle 2 months ago.
| |
Comment: Reads like a promotion for the site, especially in the list of acquisitions. Utopes (talk / cont) 23:49, 31 August 2025 (UTC)
Datasite
[edit]Datasite (previously known as Merrill Corporation) is a software company that provides virtual data rooms and related tools for use in the mergers and acquisitions process. Datasite is headquartered in Minneapolis, Minnesota.[1]
History
[edit]The company was founded in 1968 as K.F. Merrill Company, initially focused on financial printing.[2] Rusty Wiley was named CEO of Merrill in 2014 after a career at IBM.[3]The company rebranded from Merrill to Datasite in 2020, as the business shifted focus to software offerings for M&A professionals instead of the previous financial printing business.[4]
In December 2020, Datasite was acquired by CapVest Partners LLP, an international private equity firm.[5]
As of 2025, Datasite had approximately 2,000 employees and supported deals in around 180 countries.[6]
Acquisitions
[edit]Since 2021, Datasite has made several acquisitions to further expand its offerings into artificial intelligence (AI), board portal software, data, and intelligence. Acquisitions have included:
- Firmex: In July 2021, Datasite acquired Firmex, a Toronto-based virtual data room (VDR) company.[7]
- Sherpany: In February 2024, Datasite acquired Zurich-based Sherpany, a provider of digital communication and meeting management software for board-level corporate activities.[8]
- Ansarada: In September 2024, Datasite acquired Australia-based virtual data room provider Ansarada for AUD$236 million.[9]
- Grata: In June 2025, Datasite acquired New York-based Grata, an AI-native private market intelligence company.[10]
- Blueflame AI: In July 2025, Datasite acquired New York-based Blueflame AI, a provider of agentic AI solutions for investment and financial services.[11]
- Sourcescrub: In August 2025, Datasite acquired California-based deal sourcing platform Sourcescrub to further enrich the deal sourcing data offering.[12]
- ^ Halter, Nick (24 March 2020). "Merrill Corp. changes name, moves to downtown Minneapolis". www.bizjournals.com. Minneapolis/St. Paul Business Journal. Retrieved 17 June 2025.
- ^ "Axial". network.axial.net. Retrieved 20 June 2025.
- ^ "Merrill CEO Retires After 30 Years; IBM Exec Takes Over". Twin Cities Business. 11 July 2014. Retrieved 17 June 2025.
- ^ Halter, Nick (24 March 2020). "Merrill Corp. changes name, moves to downtown Minneapolis". www.bizjournals.com. Minneapolis/St. Paul Business Journal. Retrieved 17 June 2025.
- ^ Reilly, Mark (20 October 2020). "Datasite, the former Merrill Corp., is bought by CapVest Partners". www.bizjournals.com. Minneapolis/St. Paul Business Journal. Retrieved 17 June 2025.
- ^ Kennedy, Patrick (4 June 2025). "$200M acquisition by Minneapolis company will help it aid other firms make deals". The Minnesota Star Tribune. Retrieved 20 June 2025.
- ^ Scott, Josh (26 July 2021). "Firmex acquired by US-based Datasite in Vertu Capital's first exit | BetaKit". Betakit. Retrieved 17 June 2025.
- ^ Mersetzky, Michaela (27 February 2024). "US firm Datasite agrees deal to acquire Sherpany". S-GE. Switzerland Global Enterprise. Retrieved 17 June 2025.
- ^ Goh, Jassmyn (13 February 2024). "Datasite to acquire Ansarada for $236m". Capital Brief. Capital Brief Pty Ltd. Retrieved 17 June 2025.
- ^ Armental, Maria (3 June 2025). "Exclusive | Private Equity-Backed Datasite Acquires Private-Markets Intelligence Company Grata". Wall Street Journal. Retrieved 16 June 2025.
- ^ Lawler, Ryan (23 July 2025). "Exclusive: Datasite buys Blueflame AI to turbocharge M&A workflows". Axios. Retrieved 23 July 2025.
- ^ Cavanagh, Cassady (8 August 2025). "CapVest's Datasite Purchases Sourcescrub". www.themiddlemarket.com. Retrieved 17 August 2025.