The $930m
acquisition brings customers unmatched insights from a vast content
library covering public and private companies, combined with
AlphaSense's market-leading AI search technology
NEW
YORK, July 8, 2024 /PRNewswire/ -- AlphaSense,
the leading market intelligence and search platform, today
announced it has closed its acquisition of Tegus, a leading
provider of expert research, private company
content, financial data, and workflow tools. As part of this
deal, AlphaSense also closed a new $650
million funding round, co-led by Viking Global Investors and
BDT & MSD Partners, and joined by new investors, J.P. Morgan
Growth Equity Partners, SoftBank Vision Fund 2, Blue Owl Capital,
Alkeon Capital, as well as existing investors including Alphabet's
CapitalG and Goldman Sachs Alternatives. This financing brings
AlphaSense's valuation to $4
billion.
The $930m
acquisition brings customers unmatched insights from a vast content
library covering public and private companies.
The signing of the acquisition of Tegus was announced on
June 11, 2024. Together, AlphaSense
and Tegus will accelerate growth, innovation, and content
expansion, bringing their complementary product and content
capabilities together to enable customers to unearth even more
comprehensive insights from thousands of content sets.
AlphaSense will add Tegus employees to its workforce across
offices in Chicago, Vancouver, and Waterford, Ireland, most of whom remain
focused on scaling Tegus's world-class library of expert
transcripts and enhancing the capabilities of its financial data
and workflow tools.
About AlphaSense
The world's most sophisticated companies rely on AlphaSense to
remove uncertainty from decision-making. With market intelligence
and search built on proven AI, AlphaSense delivers insights that
matter from content you can trust. Our universe of public and
private content includes equity research, company filings, event
transcripts, expert calls, news, trade journals, and clients' own
research content. Our platform is trusted by over 4,000 enterprise
customers, including a majority of the S&P 500.
Founded in 2011, AlphaSense is headquartered in New York City with over 1,500 people across
the globe and offices in the U.S., U.K., Finland, India, and Singapore. For more information, please
visit www.alpha-sense.com.
About Tegus
Tegus is an end-to-end research platform that seamlessly combines
expert insights, company filings and comprehensive KPIs and
financial data, empowering investors to find critical insights
quickly, easily create comparables and update models, and develop
powerful perspectives to inform their investment decisions. Tegus's
proprietary content set now includes more than 100,000 expert call
transcripts, financial coverage of more than 4,000 public companies
and industry comps and analysis on more than 50 sectors. Tegus
acquired BamSEC and then Canalyst, bringing two beloved investment
research tools into the Tegus platform to combine powerful
quantitative and qualitative data together in a single suite.
Media Contact
media@alpha-sense.com
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SOURCE AlphaSense