M&A Deal Summary

Babel Street Acquires Vertical Knowledge

On January 22, 2024, Babel Street acquired information technology company Vertical Knowledge from PSG

Acquisition Highlights
  • This is Babel Street’s 1st transaction in the Information Technology sector.
  • This is Babel Street’s 2nd transaction in the United States.
  • This is Babel Street’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-01-22
Target Vertical Knowledge
Sector Information Technology
Buyer(s) Babel Street
Sellers(s) PSG
Deal Type Add-on Acquisition

Target

Vertical Knowledge

Chagrin Falls, Ohio, United States
Vertical Knowledge is a provider of open-source data, information services, and analytics. Vertical Knowledge was founded in 2006 and is based in Chagrin Falls, Ohio.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Babel Street

Washington, District of Columbia, United States
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Babel Street is an AI-enabled analytics platform as a single gateway to transform the world’s data into knowledge regardless of language in real time. Babel Street was founded in 2012 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 Rosette

Somerville, Massachusetts, United States

Rosette is an AI-powered text analytics platform. Rosette is based in Somerville, Massachusetts.

Buy -

Seller(S) 1

SELLER

PSG

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2014
PE ASSETS 14.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

PSG is a growth equity investment firm focused on the software sector. The Firm looks to partner with software and technology-enabled service companies to capitalize on opportunities and accelerate growth. PSG looks to leverage its network and best practice knowledge developed from its history of investing, to implement and execute strategies on guiding companies to the next level. PSG was established in 2014 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 6 of 8
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 3 of 5
State (Ohio) 1 of 1
Country (United States) 5 of 6
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-28 One Click LCA

Helsinki, Finland

One Click LCA is a tech company decarbonizing construction and manufacturing with automated LCA to calculate and reduce the environmental impacts of building, infrastructure, and renovation projects as well as construction and other manufactured products. It also enables manufacturers to generate and publish third-party verified EPDs and allows assessment of circularity, life-cycle cost, and soon also biodiversity. One Click LCA was founded in 2001 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-23 Visit Group

Göteborg, Sweden

Visit Group provides e-commerce, packaging, and distribution platforms for the tourism industry. With its collaborative commerce platform, the group serves providers of all types of lodging, ski resorts, activities, day tours, theme parks, museums, DMOs, ferry companies as well as resellers and agents. The Group’s platform optimizes customers’ sales, dynamic packaging, distribution as well as operational efficiency. Visit Group was formed in 1999 and is based in Göteborg, Sweden.

Buy -
Mergr

Product

Company

Legal