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New Deal


Announced

Bridge Growth Partners-backed Syniti to merge with Data Migration Resources.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data solutions

Private

Single Bidder

Pending

Merger

Majority

Domestic

Data Centers and Hosting

Private Equity

United States

Acquisition

Friendly

Synopsis

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Bridge Growth Partners-backed Syniti, an enterprise data management firm, agreed to merge with Data Migration Resources, a provider of high-quality data. Financial terms were not disclosed. The combined company will operate under the Syniti name. "Syniti represents the next generation of enterprise data management. Together, we're powerfully positioned to provide the highest levels of data quality with AI-driven solutions spanning migration and quality to master data management and metadata management. This gives our customers and partners the unique advantage of leveraging a single global provider to solve challenges throughout the data journey," Kevin Campbell, Syniti CEO.

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