Acquiring Company
Bloomberg
Acquired Company
Canoe Intelligence
India
New YorkSoftwareMedia And EntertainmentCommunity And LifestyleFinancial ServicesSoftwareFintechDescription
Bloomberg has announced its definitive agreement to acquire Canoe Intelligence, enhancing its capabilities in private market investments. This strategic acquisition aims to integrate Canoe's data management services with Bloomberg's existing solutions, providing unprecedented insights across both public and private markets. The move is part of Bloomberg's commitment to revolutionize how institutional investors engage with private investments.
M&A Insights
Based on deal dataFrequently asked
Who acquired Canoe Intelligence?
Canoe Intelligence was acquired by Bloomberg, based in India. The deal was reported on July 29, 2026. This is almost double the valuation of $5.5 billion that the company attained after raising $1.25 billion from Softbank Vision Fund 2 and Prosus in July this year. Bloomberg is privately held and operates in Software.
When did Bloomberg acquire Canoe Intelligence?
Bloomberg's acquisition of Canoe Intelligence was reported on July 29, 2026. Bloomberg has announced its definitive agreement to acquire Canoe Intelligence, enhancing its capabilities in private market investments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Canoe Intelligence do?
Canoe Intelligence is a financial technology company that redefines alternative investment data processes for institutional investors, capital allocators, asset servicing firms, and wealth managers. It is privately held, operating in Financial Services, and is based in New York.