Data Society joins forces with The Data Lodge and CDO Magazine to form Data Society Group
Washington, D.C. – Mar. 11, 2024 – M&A Advisory firm Clare Advisors (www.clareadvisors.com) is pleased to announce that it served as financial advisor to Data Society, a data science training & solution company, in its sale to Growth Catalyst Partners, a middle market private equity firm investing in information, marketing and tech-enabled services businesses.
Based in Washington, D.C., Data Society (www.datasociety.com) trains Fortune 1000 companies and government agencies to assess their levels of data literacy and then integrate data into their daily work—teaching them to discover innovative ways of using data science, AI, and ML to achieve organizational goals. Data Society is joining forces with The Data Lodge and CDO Magazine to form Data Society Group, a new company offering data leaders unrivaled resources to drive cultural change across their organizations and accelerate data empowerment for all.
Founded in 2014, Data Society has grown rapidly, being named to the Inc 5000 list of fastest-growing U.S. companies in 2021, 2022 and 2023. It was also a finalist for EY’s prestigious Entrepreneur of the Year award in 2021 and named a Fast Company Best Place to Work for Innovators in 2023. “We’ve seen how developing a data-literate workforce helps organizations stay competitive in their industries and better serve their constituents. Data Society is excited to join The Data Lodge, CDO Magazine and GCP to elevate a culture of responsible data and AI use in industry,” said Merav Yuravlivker, Data Society’s CEO.
“John has been a trusted advisor and confidante since we started the business and all the way through to a successful exit a decade later. We regularly seek his counsel and strongly recommend him and Clare Advisors to any firm active in M&A,” said Dmitri, Data Society’s Chief Data Scientist. “John and the Clare Advisors team were critical to shaping our thinking and designing a transaction structure that maximized value for all parties.”
About Clare Advisors:
Clare Advisors is a boutique Mergers and Acquisitions (M&A) and Financial Advisory firm that specializes in servicing digital advertising, marketing communications, media, and internet-based businesses. For more information, please go to www.clareadvisors.com.