M&A Deal Summary

Alphasense Acquires Tegus

On June 11, 2024, Alphasense acquired information services company Tegus for 930M USD

Acquisition Highlights
  • This is Alphasense’s 2nd transaction in the Information Services sector.
  • This is Alphasense’s largest (disclosed) transaction.
  • This is Alphasense’s 3rd transaction in the United States.
  • This is Alphasense’s 1st transaction in Illinois.

M&A Deal Summary

Date 2024-06-11
Target Tegus
Sector Information Services
Buyer(s) Alphasense
Deal Type Add-on Acquisition
Deal Value 930M USD
Advisor(s) Evercore Group
Morgan Stanley (Financial)
Latham & Watkins (Legal)

Target

Tegus

Chicago, Illinois, United States
Tegus is a research platform for institutional investors. With real-time access to the most comprehensive database of over 40K expert interviews, 4,000+ downloadable financial models, workflows to surface and analyze data from SEC filings, as well as expert interview services, Tegus streamlines the way institutional investors and businesses conduct research. Tegus was founded in 2017 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Alphasense

New York, New York, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

AlphaSense is a market intelligence platform used by leading companies and financial institutions. The company's AI-based technology has helped professionals make smarter business decisions by delivering insights from an extensive universe of public and private content including company filings, event transcripts, news, trade journals, and equity research. Its platform is trusted by over 2,000 enterprise customers, including a majority of the S&P 500. Alphasense was formed in 2011 and is based in New York City.


DEAL STATS #
Overall 3 of 4
Sector: Information Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-11 Sentieo

San Francisco, California, United States

Sentieo provides financial research platform designed to empower financial teams. Combining traditional and alternative datasets, Sentieo leverages machine learning and natural language processing to increase efficiency and boost alpha generation for asset managers, investment banks, and corporations. Sentieo was founded in 2012 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-07 Carousel

New York City, New York, United States

Carousel is an AI-powered Excel modeling company that eliminates tedious parts of an analyst’s workflow – extracting data from PDFs and presentations, formatting models, building formulas, and explaining complex logic. Carousel is based in New York City.

Buy -