M&A Deal Summary

Smarsh Acquires Digital Reasoning Systems

On November 10, 2020, Smarsh acquired information technology company Digital Reasoning Systems

Acquisition Highlights
  • This is Smarsh’s 3rd transaction in the Information Technology sector.
  • This is Smarsh’s 6th transaction in the United States.
  • This is Smarsh’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2020-11-10
Target Digital Reasoning Systems
Sector Information Technology
Buyer(s) Smarsh
Deal Type Add-on Acquisition

Target

Digital Reasoning Systems

Franklin, Tennessee, United States
Digital Reasoning Systems, Inc. is focused on understanding human communications and behavior through the combination of applied AI, deep collaboration with industry experts, and a commitment to use technology for positive change. Through the combination of our trusted technology and its customers’ experience, for example, patients have a better chance of surviving, banks can ensure their employees are meeting the highest standards of conduct, and law enforcement can protect the most vulnerable citizens in our society. Digital Reasoning Systems was formed in 2000 and is based in Franklin, Tennessee.

Search 201,429 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

Smarsh

Portland, Oregon, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Smarsh provides hosted solutions for archiving electronic communications, including email, instant messaging, and social media platforms such as Facebook, LinkedIn, and Twitter. Solutions help organizations manage and enforce flexible, secure, and cost-effective compliance and record retention strategies. Smarsh was founded in 2001 and is based in Portland, Oregon.

DEAL STATS #
Overall 7 of 9
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 5 of 6
State (Tennessee) 1 of 1
Country (United States) 6 of 7
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-21 Entreda

Santa Clara, California, United States

Entreda, Inc. is a provider of comprehensive cybersecurity software, systems, and training to the independent financial advice and healthcare industry. The company developed its award-winning Cyber Risk Number platform, Unify, to help regulated industries monitor and protect client information and assets with the highest standards of security. Entreda was formed in 2011 and is based in Santa Clara, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Micro Focus International - Digital Safe business

Newbury, United Kingdom

Micro Focus International's Digital Safe business is an archiving and risk management portfolio powered by artificial intelligence and deployable on cloud infrastructure providers. Micro Focus International's Digital Safe business is based in Newbury, United Kingdom.

Buy $375M
Mergr

Product

Company

Legal