Bloomberg LP has agreed to acquire Canoe Intelligence, according to reporting from Bloomberg and Yahoo Finance. Canoe Intelligence provides a platform that automates the collection of private markets data, targeting institutional investors as well as wealth managers and family offices. The deal reflects Bloomberg’s continued effort to expand its offerings in private markets through technology designed to streamline data gathering and related workflows for clients active in areas such as private investments. The available reports describe the acquisition in terms of strengthening Bloomberg’s private markets capabilities and integrating Canoe’s automation-focused tools into Bloomberg’s broader services. Details such as the purchase price, timing, and conditions for closing are not included in the information provided. Overall, both sources align on the core transaction and the stated purpose of Canoe’s platform—automating private markets data collection for wealth and institutional participants—while framing it as part of Bloomberg’s broader push into private markets.
Bloomberg to acquire Canoe Intelligence for private markets data automation
Bloomberg LP has agreed to acquire Canoe Intelligence, according to reporting from Bloomberg and Yahoo Finance. Canoe Intelligence provides a platform that automates the collection of private markets...
- Bloomberg LP agrees to acquire Canoe Intelligence.
- Canoe Intelligence offers a platform that automates private markets data collection.
- The platform serves institutional investors, wealth managers, and family offices.
- The acquisition is positioned as part of Bloomberg’s private markets expansion efforts.
- Specific deal terms like price and closing timeline are not stated in the provided reports.
Bloomberg LP agreed to acquire Canoe Intelligence, a platform that automates private markets data collection for institutional investors, wealth managers and family offices.
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