Dealogic has acquired New York based financial unstructured data analytics platform Selerity for an undisclosed amount.
“Selerity’s proven technology and deep expertise in A.I. will catalyze Dealogic’s next-generation products and bring new machine learning capabilities to the systems that power our solutions,” said Jody Drulard, CEO of Dealogic. Ryan Terpstra, Selerity’s CEO and Founder, said, “Dealogic’s global customer footprint, combined with their content and data assets, will serve as a powerful platform to grow Selerity’s business. Leveraging Dealogic’s capabilities, Selerity has a tremendous opportunity to accelerate growth in its core markets, but also penetrate new industry verticals.” Broadhaven Capital Partners advised Selerity with Latham & Watkins LLP serving as legal counsel.