M&A Deal Summary

Breakwater Acquires Clairvoya

On September 14, 2021, Breakwater acquired information technology company Clairvoya

Acquisition Highlights
  • This is Breakwater’s 1st transaction in the Information Technology sector.
  • This is Breakwater’s 1st transaction in the United States.
  • This is Breakwater’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2021-09-14
Target Clairvoya
Sector Information Technology
Buyer(s) Breakwater
Deal Type Add-on Acquisition

Target

Clairvoya

Charlotte, North Carolina, United States
Clairvoya is a developer of an agile, enterprise-class data governance solution that solves complex challenges with data lineage for governance, privacy, and incident response. The company's cloud-based data management solution gives customers complete visibility into their data landscape and an unmatched ability to see the detailed lineage and content telemetry for total command over their data. Clairvoya’s lineage capabilities use patent-pending, future-forward blockchain technology, which has emerged as a core building block for next-generation data and governance frameworks. Its lineage allows the system to chain documents together, detect branching, and provide immutable and reliable auditing. Clairvoya is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Breakwater

Austin, Texas, United States

Category Company
Founded 2020
Sector Software
DESCRIPTION

Breakwater helps enterprises mitigate risk and gain insight from sprawling information by combining technology automation and human expertise. The company empowers governance, legal, and risk professionals to locate, access, analyze, and manage information by making data transparent and actionable. Its solutions are comprised of expert consulting, AI-infused technology, and ongoing managed services, all of which directly address the myriad challenges within information governance, disputes and investigations, regulatory compliance, privacy, and cybersecurity. Breakwater was founded in 2020 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1