M&A Deal Summary

Saifr Acquires GOST

On February 20, 2024, Saifr acquired software company GOST from Giant Oak

Acquisition Highlights
  • This is Saifr’s 1st transaction in the Software sector.
  • This is Saifr’s 1st transaction in the United States.
  • This is Saifr’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-02-20
Target GOST
Sector Software
Buyer(s) Saifr
Sellers(s) Giant Oak
Deal Type Divestiture

Target

GOST

Virginia, United States
Giant Oak Search Technology (GOST) is an artificial intelligence platform for adverse media screening and monitoring that serves financial institutions.

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Buyer(S) 1

Buyer

Saifr

Boston, Massachusetts, United States

Category Company
Sector Information Technology
DESCRIPTION

Saifr is a compliance solutions provider that uses advanced artificial intelligence (AI) to simplify the complex regulatory landscape for compliance and marketing teams in the financial services industry. The company's deep-learning AI models help streamline content creation, approval, and filing processes while simultaneously mitigating regulatory, reputational, and brand risks. Its solutions save time, reduce costs, and improve accuracy, allowing professionals to navigate the regulatory intricacies more easily and confidently. Saifr is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Giant Oak

Arlington, Virginia, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Giant Oak is a data analytics software company led by behavioral scientists and software engineers who are experts in search technologies, people screening, and national security. Giant Oak offers its customers unique threat protection using artificial intelligence and machine learning to support data analysis. Giant Oak was founded in 2013 and is based in Arlington, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1