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New Deal


Announced

Datasite to acquire Firmex from Vertu Capital and BDC Capital.

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 Centers and Hosting

data rooms

Canada

Single Bidder

Venture Capital

Majority

Private Equity

Private

Pending

Cross Border

Acquisition

Friendly

Synopsis

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Datasite, a technology provider for global M&A professionals, agreed to acquire Firmex, a virtual data room and subscription file-sharing provider based in Toronto, from Vertu Capital, a private equity firm, and BDC Capital, an early-stage venture capital firm. Financial terms were not disclosed. “Datasite’s investment will help us further expand our growing subscription-based business within the lower middle-market, as well as pursue new opportunities. We look forward to delivering even more value to our customers and enhancing Datasite’s meaningful presence in Canada," Joel Lessem, Firmex CEO.

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