Tegus × Canalyst
Chicago-based research platform Tegus acquired Vancouver-based Canalyst, a provider of financial models and fundamental data. [121, 134] While the financial terms were not officially disclosed, sources familiar with the deal reported the price was between $400 million and $500 million CAD. [118] The acquisition combines Tegus's qualitative research and expert call transcripts with Canalyst's quantitative models to create a more comprehensive research platform for institutional investors. [121, 124]
The asset
A SaaS platform providing access to structured fundamental data and more than 4,000 detailed financial models on global public companies. [121, 124, 134]
- 4k financial models
The record
- Seller status
- Going concern
- Sector
- Financial data and analytics
- Modalities
- text, data feeds
- Jurisdiction
- CA
What it means if you hold data
This deal consolidates two major players in the alternative research space for public market investors, merging qualitative expert insights (Tegus) with quantitative fundamental data models (Canalyst). The combination aims to create a single, more efficient platform for investment research, signaling a trend toward all-in-one solutions for financial data consumers. [124]