Dealogic Acquires Selerity; Terms Not Disclosed

Dealogic announced today that it has acquired Selerity, a content analytics company. Financial terms were not disclosed.

Headquartered in New York and Chicago, Selerity is a leading provider of unstructured data solutions that power automation for the world’s largest asset managers, banks, exchanges, and retail brokers.

“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.

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