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New Deal


Announced

Completed

Leeds Equity-backed Exterro completed the acquisition of Divebell.

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 discovery solutions

SAAS solution

IT Services: Other

data privacy management

United States

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Leeds Equity-backed Exterro, a provider of legal governance, risk and compliance software, completed the acquisition of Divebell, a data discovery SaaS solution. Financial terms were not disclosed. "The combination of Divebell technology with Exterro's world-class development team and its market-leading AI capabilities will result in faster, more powerful, and more cost-effective solutions to meet regulatory and compliance obligations. The integration of Divebell with Exterro's established data platform will give customers continuous automatic visibility into their data and the ability to automatically detect, measure, and remediate risk across their data ecosystem. Factoring in our quick time-to-value, this transaction will be transformative for a market in which competitive solutions are either a big lift to operationalize or lack automation or both," Vikram Shrowty, Divebell CEO and co-founder.

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