Global SaaS Company Invests to Meet Growing Demand in the North

Dec Connolly Editor

Email business@thebusinessjournal.co.uk

Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has opened a new office in Manchester, to meet the UK’s growing demand for innovative M&A technology and services. The new office, Datasite’s second in the UK after London, will bring the company’s global expertise closer to its clients in the North with local resources and support.

“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,” said Merlin Piscitelli, Datasite Chief Revenue Officer for EMEA. “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.

“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,” said Jon Hughes, Vice President of Sales for UK and Ireland at Datasite.

The Manchester office follows ten new 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.

Dealmakers in more than 170 countries make their deals in Datasite, 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.  

The company has been recognized for numerous awards in the last 12 months, including a BIG Artificial Intelligence Excellence Award, a silver Best in Biz Awards International for enterprise product of the year, a gold APAC Stevie Award for innovation technology development – financial services industries and a bronze Stevie Award for Datasite Prepare – fintech solution.

Datasite’s new Manchester office is located at 125 Deansgate, Manchester, M3 2LH, UK.