MINNEAPOLIS, Minnesota – (BUSINESS WIRE) – Datasite®, a leading provider of SaaS technologies for global mergers and acquisitions (M&A) professionals, today opened new operations in Stockholm, Sweden, further strengthening its global expertise with local resources to meet the growing demand for innovative M&A technologies and services in the Nordic region.
“We have been helping Nordic dealmakers execute deals and transactions of all sizes on our industry-leading platform since 2005,” said Merlin Piscitelli, Chief Revenue Officer for Europe, Middle East and Africa at Datasite . “Nordic dealmakers have always been the early adopters of technology, including our innovative M&A applications, and now, with our local office, we can provide dealmakers across the region with even faster access and an enhanced experience.”
Sweden, Finland and Denmark are consistently ranked among the most innovative savings, and while 92% of Nordic M&A practitioners said they have an average level of digital maturity and technological sophistication in their business’s M&A process, 64% expect this level to become high in next two to five years.
Datasite facilitates nearly 10,000 transactions per year on its platform, many of which come from the Nordic region. For example, last year one of the the biggest offers was run on Datasite. Datasite’s platform and services already comply with all applicable data protection laws, including the European Union’s General Data Protection Regulation (GDPR), and support all major Nordic languages, including Swedish, Finnish and Danish.
“Nordic dealmakers want innovative M&A technology that helps them accelerate and improve deal outcomes,” said Rusty Wiley, CEO of Datasite. “We are happy to combine our global experience with local expertise to ensure that traders in the region have direct access to our technology to manage their transactions even more effectively and efficiently.”
Earlier this year, Datasite expanded into Australia. Office openings are part of the company’s continued growth strategy. The strategy also included a rename; of the society acquisition by the international private equity firm CapVest; and the introduction of new applications to solve client issues throughout the M&A transaction lifecycle, including AI-based technology to support transaction preparation, asset marketing and buy-side acquisition.
Dealmakers from more than 170 countries complete their transactions on Datasite, including 74 of the top 100 law firms and the top 20 global financial advisory firms. Datasite’s customer service team consistently provides exceptional service, with support available to customers 24/7/365 in 18 languages from over 20 offices in all of the world’s major financial centers.
Datasite’s new office in Stockholm is located at Convendum, Biblioteksgatan 29, 114 35, Stockholm, Sweden.
To learn more about Datasite, please visit: www.datasite.com
Datasite is a leading SaaS provider for the M&A industry, giving traders around the world the tools they need to be successful throughout the transaction lifecycle. For more information visit www.datasite.com