Draft:Datasite

  • Comment: This company does not appear to meet the criteria set out in WP:NCORP; only routine business activities are described. Meadowlark (talk) 07:44, 13 December 2025 (UTC)
  • Comment: Reads like a promotion for the site, especially in the list of acquisitions. Utopes (talk / cont) 23:49, 31 August 2025 (UTC)

Datasite

Datasite (previously known as Merrill Corporation) is a software company that provides virtual data rooms and related tools for use in the mergers and acquisitions process. Datasite is headquartered in Minneapolis, Minnesota.[1]

History

The company was founded in 1968 as K.F. Merrill Company, initially focused on financial printing.[2] Rusty Wiley was named CEO of Merrill in 2014 after a career at IBM.[3] The company rebranded to Datasite from Merrill in 2020, as the business shifted focus to M&A software from financial printing.[4]

In December 2020, Datasite was acquired by CapVest Partners LLP, an international private equity firm.[5]

Beginning in 2021, Datasite made acquisitions to expand its markets and products.[6][7]

As of 2025, Datasite had approximately 2,000 employees and supported deals in around 180 countries.[8]

References

  1. ^ Halter, Nick (24 March 2020). "Merrill Corp. changes name, moves to downtown Minneapolis". www.bizjournals.com. Minneapolis/St. Paul Business Journal. Retrieved 17 June 2025.
  2. ^ "Axial". network.axial.net. Retrieved 20 June 2025.
  3. ^ "Merrill CEO Retires After 30 Years; IBM Exec Takes Over". Twin Cities Business. 11 July 2014. Retrieved 17 June 2025.
  4. ^ Halter, Nick (24 March 2020). "Merrill Corp. changes name, moves to downtown Minneapolis". www.bizjournals.com. Minneapolis/St. Paul Business Journal. Retrieved 17 June 2025.
  5. ^ Tse, Crystal (19 October 2020). "Private Equity Firm CapVest to Buy Virtual Dataroom Datasite". Retrieved 28 November 2025.
  6. ^ Goh, Jassmyn (13 February 2024). "Datasite to acquire Ansarada for $236m". Capital Brief. Capital Brief Pty Ltd. Retrieved 17 June 2025.
  7. ^ Lawler, Ryan (23 July 2025). "Exclusive: Datasite buys Blueflame AI to turbocharge M&A workflows". Axios. Retrieved 23 July 2025.
  8. ^ Kennedy, Patrick (4 June 2025). "$200M acquisition by Minneapolis company will help it aid other firms make deals". The Minnesota Star Tribune. Retrieved 20 June 2025.

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