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Tegus Acquires Canalyst To Create The New Standard In Investment Research
This acquisition will allow Tegus to expand its data offerings and provide fundamental institutional investors with the first modern research platform explicitly designed for their use.
FREMONT, CA: "Evaluating business and investment opportunities is an extremely inefficient process today," said Tegus Founders and Co-CEOs Michael Elnick and Thomas Elnick. "With our acquisition of Canalyst, we'll be able to provide customers with a comprehensive view of the qualitative and quantitative data they need to uplevel and scale their investment decisions – all on a single platform."
In a move that could revolutionize the way investors conduct research, Tegus unveiled that it acquired Canalyst, one of the leading research platforms for investors. With Tegus, you can simplify and speed up investment decisions for over 2,500 investment firms, corporations, and consulting firms worldwide. We work with firms like Accel, Sands Investment Group, and Redpoint Ventures to simplify and speed up investment decisions. More than 22,000 public and private companies are covered by more than 40,000 expert interviews and transcripts of Tegus. Tegus also include robust tools and workflows to assist in aggregating and analyzing public financials and Securities and Exchange Commission filings.
It has become increasingly challenging for investors and businesses to acquire, analyze, and act on large amounts of data. Their responsibilities also include making high-stakes decisions quickly. Investors must be able to make confident decisions more quickly than ever before in today's market.
Investors have access to high-quality data sets from Tegus and Canalyst. Integrating Tegus and Canalyst solutions will enable investors and businesses to consolidate their research and due diligence processes across multiple platforms and terminals.
"Canalyst provides the most accurate and up-to-date financial models on 4,000+ publicly traded companies," said Damir Hot, CEO of Canalyst. "By joining the Tegus team, we will be able to give customers deeper and more efficient access to critical investment insights."