Investment Summary

Edison Partners and Mitsui & Co Exits Lokavant

On September 15, 2025, ProofPilot invested in information technology company Lokavant from Edison Partners and Mitsui & Co

Investment Highlights
  • This is ProofPilot’s 1st transaction in the Information Technology sector.
  • This is ProofPilot’s 1st transaction in the United States.
  • This is ProofPilot’s 1st transaction in New York.

Investment Summary

Date 2025-09-15
Target Lokavant
Sector Information Technology
Investor(s) ProofPilot
Sellers(s) Edison Partners
Mitsui & Co
Deal Type Add-on Acquisition

Target

Lokavant

New York, New York, United States
Lokavant is a clinical intelligence platform that improves the time, cost, and quality of trial planning and execution through data-driven analytics applications. Lokavant's platform aggregates and integrates real-time data from disparate trial data sources, and powers advanced analytics enabled by its compendium of proprietary trial data. Lokavant was founded in 2020 and is based in New York, New York.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

ProofPilot

New York City, New York, United States

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

ProofPilot is a digital protocol automation platform that eliminates guesswork and protocol deviations to create high-performance experiences for your sites and patients. ProofPilot was founded in 2014 and is based in New York City.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 2

SELLER

Edison Partners

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1986
PE ASSETS 2.2B USD
Size Large
Type Sector Focused
DESCRIPTION

Edison Partners is a growth capital firm focused on investing in high-growth vertical SaaS, financial technology, healthcare IT and marketplace companies. The Firm looks for businesses with $10 to $40 million in revenue operating throughout the US. Edison Partners was formed in 1986 and is based in Princeton, New Jersey.


DEAL STATS #
Overall 24 of 24
Sector: Information Technology M&A 10 of 10
Type: Add-on Acquisition M&A Deals 19 of 19
State: New York M&A 6 of 6
Country: United States M&A 19 of 19
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-20 KnowledgeLake

Town and Country, Missouri, United States

KnowledgeLake is an operator of a platform that unifies intelligent document processing, workflow automation, robotic process automation, and content management. KnowledgeLake was founded in 1999 and is based in Town and Country, Missouri.

Buy $65M
SELLER

Mitsui & Co

Tokyo, Japan

Category Company
Founded 1947
Sector Diversified
Employees56,400
Revenue 14.66T JPY (2025)
DESCRIPTION

Mitsui & Co engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of ferrous scrap and alloy products and chemicals, energy, food, food & retail management, healthcare & service, consumer business, IT & communication business, corporate development business. Mitsui & Co was founded in 1947 and is based in Tokyo, Japan.


DEAL STATS #
Overall 16 of 16
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-05 Commonwealth Fusion Systems

Devens, Massachusetts, United States

Commonwealth Fusion Systems is an energy technology company focused on developing commercial nuclear fusion power plants. Commonwealth Fusion Systems was founded in 2018 and is based in Devens, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-21 Kite Mobility

West Thornhill, Ontario, Canada

Kite Mobility provides electric vehicle (EV) sharing services by placing EVs in condominium parking lots across major Canadian cities, enabling residents to access shared vehicles as needed. Kite Mobility is based in West Thornhill, Ontario.

Buy -