mynth
08/2025

SOURCESCRUB acquired by DATASITE

UNITED STATES Software / Data, Analytics & AI REV 1m USD - 100m USD

Context

The acquisition of Sourcescrub represents the second programmatic transaction under CapVest’s $500 million institutional capital commitment, shifting Datasite’s monetizable footprint further upstream into the recurring deal-sourcing phase of the M&A value chain. By combining Sourcescrub with the recently acquired Grata platform, Datasite merges an expansive 19-million-company AI discovery infrastructure with an analyst-verified, high-fidelity dataset, creating a unified private market intelligence moat that significantly escalates client switching costs. This transaction facilitates a clean ownership transition from Francisco Partners, capturing an asset with mature domestic annual recurring revenue and placing it into Datasite's extensive international distribution channels to accelerate European and Asian cross-sell velocity. The industrial logic centers on utilizing Sourcescrub's structured data and industry-experienced analyst teams to train and optimize Datasite’s proprietary Blueflame AI workflow models, creating superior search capabilities that manual researchers cannot replicate. Management continuity from the foundational teams ensures minimal integration friction as the unified business unit focuses on immediate wallet-share expansion across shared institutional private equity and advisory accounts.

SOURCESCRUB, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Sourcescrub operates a business-to-business market intelligence and deal-sourcing SaaS platform engineered to systematically identify, track, and permission private middle-market companies for investment pipelines. The company sells multi-seat enterprise subscriptions primarily to private equity buy-side origination teams, corporate development executives, and investment banking boutiques seeking proprietary, off-market transaction opportunities. Its proprietary data pipeline ingests unstructured data from over 220,000 disparate data streams—including industry conference rosters, niche trade publications, and executive movements—to build actionable profiles on 16 million private entities. To maintain institutional airworthiness and eliminate false positives, the platform employs a hybrid operational architecture combining web-scraping algorithms with scaled analyst teams that clean, classify, and enrich profiles with verified ownership and growth signals. The financial profile is characterized by high gross margins, low gross revenue churn, and capital-efficient recurring revenue execution driven by an institutional procurement workflow that embeds the software into daily customer CRM and sourcing architectures.

Ent. Value

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Multiples

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EV / EBITDA

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Historical Financials (USD)

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2025
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REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: sourcescrub

Acquirer: datasite