On August 2, 2022, Tegus, a prominent research platform for investors, announced its acquisition of Canalyst, aiming to redefine industry standards for modern research. Trusted by over 2,500 investment entities globally—including Accel, Sands Investment Group, and Redpoint Ventures—Tegus offers extensive access to over 40,000 expert interviews and financial data on more than 22,000 companies. The platform simplifies the aggregation and analysis of public financial statements, SEC filings, and earnings transcripts.

Canalyst, known for providing detailed financial models and benchmarking data on over 4,000 companies, ranked #49 on The Financial Times' list of The Americas' 500 Fastest-Growing Companies 2022. This acquisition addresses the growing complexity and time constraints in data analysis faced by investors and businesses, highlighting the need for swift and effective decision-making.

The merger between Tegus's expansive research tools and Canalyst’s precise financial models aims to streamline research and due diligence processes across various platforms, offering a more integrated and efficient approach to investment insights.

Legal advisement for Tegus was provided by Latham & Watkins and Davies Ward Phillips & Vineberg, while Canalyst was advised by Osler. This strategic consolidation promises to enhance the capabilities of Tegus’s platform by providing a more comprehensive view of qualitative and quantitative data, thereby scaling investment decisions effectively.