Minesoft acquired by MLM2 and Warburg Pincus
The Minesoft team are excited to announce the acquisition of Minesoft by MLM 2 and Warburg Pincus, marking the first acquisition for MLM 2 in building a market-leading IP solutions platform, focused on unlocking the power of intellectual property.
After over 25 years in the intellectual property industry, Minesoft has closed on a substantial growth investment from MLM 2, an information services and software platform, and Warburg Pincus, a leading global growth investor. With this strategic move, Minesoft will have an opportunity to continue to dynamically grow. This significant growth investment will accelerate the development of new products, expand and scale globally, including in the U.S., and enhance existing products with analytics, artificial intelligence, and machine learning.
Mason Slaine, Co-Founder and Executive Chairman of MLM 2, will assume the role of Executive Chairman of Minesoft.
Speaking about the acquisition, Co-founder and CEO of Minesoft, Ann Chapman-Daniel said, “This acquisition reflects the hard work of our employees, the loyalty of our customers, and our position as the most comprehensive patent research platform in the world.” Ophir Daniel, Co-Founder and CTO at Minesoft added “We are excited to see Minesoft continue its next chapter of growth with MLM 2. Together, we are committed to continuing to focus on solving our customers’ most critical IP problems with our leading solutions.”
“Our investment in Minesoft is the first step in our vision to build the leading information services solutions provider in the world” said Mason Slaine, Co-Founder and Executive Chairman, MLM 2. Dave Shea and Karl Jaeger, CEO and CFO of MLM 2, respectively added “We are excited to partner with Ann, Ophir, and Warburg Pincus, and are committed to Minesoft’s continued growth and long-term success”. Managing Director of Warburg Pincus, Alex Stratoudakis said “We look forward to building upon Minesoft’s success in partnership with MLM 2”.
The Minesoft team are eager to see the opportunities this acquisition will bring and be a part of this next chapter of growth. To find out more about the acquisition, Minesoft, Warburg Pincus and MLM 2 read our full press release here.