M&A Deal Summary

Clarivate Acquires Rowan TELS

On July 22, 2024, Clarivate acquired software company Rowan TELS

Acquisition Highlights
  • This is Clarivate’s 1st transaction in the Software sector.
  • This is Clarivate’s 7th transaction in the United States.
  • This is Clarivate’s 1st transaction in Washington.

M&A Deal Summary
Date 2024-07-22
Target Rowan TELS
Sector Software
Buyer(s) Clarivate
Deal Type Add-on Acquisition

Target

Rowan TELS

Seattle, Washington, United States
Rowan TELS provides software that brings automation, AI, and workflow solutions to address the complex legal challenges of corporations and law firms. Rowan TELS was founded in 2018 and is based in Seattle, Washington.

Search 201,157 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

Clarivate

London, United Kingdom
Category Company
Founded 1864
Sector Information Services
Employees12,000
Revenue 2.6B USD (2023)
DESCRIPTION

Clarivate is a provider of solutions to accelerate the lifecycle of innovation. Clarivate bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect, and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. Clarivate was founded in 1864 and is based in London, United Kingdom.

DEAL STATS #
Overall 14 of 14
Sector (Software) 1 of 1
Type (Add-on Acquisition) 11 of 11
State (Washington) 1 of 1
Country (United States) 7 of 7
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-23 Global Q

Warsaw, Indiana, United States

Global Q is a provider of a cloud-based intelligent workflow platform that gives our customers an interconnected workspace that allows them to have a composite view of all their product data ("digital threads"), including internal R&D, post market, regulatory, manufacturing, and others, as well as external feeds and real-world data. Global Q was founded in 2017 and is based in Warsaw, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 ScholarOne

Charlottesville, Virginia, United States

ScholarOne is a provider of manuscript submission, peer review, and editorial management software and services to scholarly publishers and societies. ScholarOne’s submission platforms serve more than 600 publishers and enable more than three million manuscripts and conference abstracts each year, representing more than half of the total output of the scholarly community. ScholarOne was founded in 2000 and is based in Charlottesville, Virginia.

Sell -
Mergr

Product

Company

Legal