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PE-backed Datasite buys Blueflame AI to bolster dealmaking tech

Blueflame has developed agentic AI that automates tasks like drafting investment memos and summarizing complex documents by connecting fragmented datasets. The deal is part of a broader $500m acquisition strategy backed by CapVest Partners to dominate the dealmaking tech stack.

"We believe we can build one of the most powerful real-time agentic-AI platforms for M&A by stitching Blueflame into the data room and Grata's private-company data," Wiley says.

Tags

ai, m&a