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լƵ Acquires BamSEC to Deliver Financial Filings and Earnings Calls
BamSEC enables its 100,000+ investment and banking customers to conveniently search, access, manipulate, and pull financial data from any SEC filings and to browse and read any public company earnings call transcripts.
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October 26, 2021
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լƵ, the leading provider of primary business and market intelligence, today announced it has signed a definitive agreement to acquire , a platform that makes it easy to access and work with SEC filings and earnings transcripts.

BamSEC's products enable customers to conveniently search, access, manipulate, and pull financial data from any SEC filings and to browse and read any public company earnings call transcripts. BamSEC enables efficient collaboration across teams with its linking, highlighting, and referencing toolkit.  More than 100,000 investors and bankers across hundreds of financial institutions use BamSEC each month to help streamline their research.

"BamSEC has harnessed the combined power of high-quality data and best-in-class software to build a product that is beloved by customers. When we ask լƵ users which other product they use and love, BamSEC is at the very top of the list," said Thomas Elnick, co-CEO and co-founder of լƵ. "We are thrilled to join together with Stan, Luyi, and the entire BamSEC team as we drive toward our vision of building the preeminent market and business intelligence platform for key decision makers."

"We are super excited to join լƵ and bring our shared vision for the next generation financial research platform to reality. The combination of լƵ and BamSEC will enable our customers to take their research to the next level by leveraging լƵ' unmatched qualitative insights alongside BamSEC's tools and quantitative data," said Stan Mishchenko, CEO and co-founder of BamSEC.

լƵ' acquisition of BamSEC represents both an entry into new data offerings and complementary enhancements to լƵ' existing business. First, BamSEC's data sets of SEC filings, earnings calls, and management presentations unlock a new set of offerings for լƵ – data that, before today, customers were forced to access elsewhere. Second, the combination of լƵ and BamSEC provides the opportunity to deliver enhanced product features and collaboration tools to our customers – many of whom already subscribe to both լƵ and BamSEC. Finally, the acquisition will enable լƵ to work more closely with investment banks, where BamSEC has strong customer relationships, which will help to drive growth in լƵ' core business.

"The combination of լƵ and BamSEC will accelerate the expansion of our financial research offering, expanding our total addressable market and accelerating our long-term revenue growth trajectory," said Mike Elnick, co-CEO and co-founder of լƵ.

The transaction is expected to close in November. Once closed, the combination of լƵ and BamSEC is expected to provide significant benefits to customers of both companies.