Global merger and acquisitions technology provider Datasite has opened its second UK office in Manchester, to meet the North’s growing demand for innovative M&A technology and services.
The new Deansgate office joins Datasite’s London office, and will bring the company’s global expertise closer to clients in the North with local resources and support.
Merlin Piscitelli, Datasite chief revenue officer for EMEA, said: “We continue to invest in innovation and global expansion, and we are delighted to open a new office in one of Europe’s fastest growing digital and tech hubs. Manchester and its surrounding region are a great fit for Datasite, and our new office ensures our international expertise and leading technology are on the doorsteps of M&A professionals in the North with on-the-ground resources to make the management of their deals even more effective and efficient.”
Datasite’s office opening comes at a time of year when dealmaking is typically busiest and amid optimism from UK M&A professionals about deal activity despite challenging market conditions.
Jon Hughes, Datasite VP of Sales for UK and Ireland, added: “Some of the world’s biggest companies run important operations out of Manchester. We wanted to invest in the growing local economy and have a dedicated team based in the city to cater to the specific and uniquely local needs of the businesses here.”
The Manchester office follows ten new Datasite offices opened globally in the last two years and reflects the company’s growth, which has been powered by the introduction of new products to address management pain points across the entire deal lifecycle, from deal sourcing and preparation to post-merger integration.
Datasite was founded in Minneapolis in 1999, and dealmakers in more than 170 countries now use it to make their deals, including 74 of the top 100 legal firms and all the top 20 global financial advisory firms. In 2021, Datasite facilitated more than a third of the top 100 global deals, including a third of the top 61 US deals, and close to half of the top 25 EMEA deals.
