M&A Deal Summary

Silverchair Acquires ScholarOne

On October 28, 2024, Silverchair acquired internet software and services company ScholarOne from Clarivate

Acquisition Highlights
  • This is Silverchair’s 1st transaction in the Internet Software and Services sector.
  • This is Silverchair’s 1st transaction in the United States.
  • This is Silverchair’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-10-28
Target ScholarOne
Sector Internet Software and Services
Buyer(s) Silverchair
Sellers(s) Clarivate
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

Silverchair

Charlottesville, Virginia, United States

Category Company
Founded 1993
Sector Internet Software and Services
DESCRIPTION

Silverchair is a provider of an independent content management, product enablement, and digital transformation platform for association, society, and independent publishers. Silverchair was founded in 1993 and is based in Charlottesville, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 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

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 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Divestiture) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 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.

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