Ansarada

From Wikipedia, the free encyclopedia
Jump to: navigation, search
ansarada
Private
Industry Technology
Founded 2005
Founders Andrew Slavin (CTO)
Sam Riley (CEO)
Rachel Riley (CFO)
Daphne Chang
Headquarters Sydney, New South Wales
Number of employees
150
Website www.ansarada.com

ansarada is a global provider of data rooms for merger and acquisition (M&A) due diligence. ansarada are also the creators of the world’s first M&A video game, which since it was launched in January 2014, has had more than 138,000 sessions, with total screen views amounting to 9.5 million.[1]

Their data rooms enable the hosting, exchange, and management of confidential information between bidders and sellers during the M&A process through their Software as a Service (SaaS) solutions.[2] ansarada has offices in Sydney, London, New York and Chicago, as well as employees working from Asia, Africa and continental Europe.

About[edit]

Sydney-based ansarada was founded in 2005 by Andrew Slavin, its chief technology officer, Sam Riley, chief executive, Rachel Riley, chief financial officer and Daphne Chang.[2] The company is named after the first two letters of the founder's first names.[3]

The four founders and some employees continue to own about 80 percent of the company with a group of investment bankers and lawyers owning the remaining 20 percent. ansarada does not disclose its sales and profits.

ansarada claims a 60 percent market share of Australian M&A deals. It employs about 150 people and has offices in Sydney, Chicago, New York City and London.

Clients[edit]

A selection of ansarada’s clients include:

Law Firms

Corporate Finance

Software

Property

Private Equity

Charity work[edit]

Each year ansarada sponsors a trip to Taronga Zoo for students attending Villawood North Public School.[4]

Its charitable donations include those to The Smith Family (charity) Christmas Appeal 2011, The Sick Children’s Trust (UK), Cerebral Palsy Alliance Research Foundation and the Centre for Eye Research Australia.

ansarada software engineers created a mobile application that enabled participants who fund raised for the Cerebral Palsy Alliance to track and update their steps during the "September" fundraising appeal.

In 2015 ansarada pledged 1 percent of its equity, time and product to the Adara Group,[5] a unique organisation working to improve the lives of women and children in the developing world.

M&A game[edit]

ansarada launched an M&A game in January 2014 to appeal primarily to investment bankers looking to express their competitive sides in a risk-free setting, the New York Times reported.[6] Ten hours after the games release it had attracted about 1,000 users who had played it over 3,300 times, according to the New York Times.[6]

"Deal-making is not that glamorous when you're stuck at the end of the day," Sam Riley was quoted by the New York Times as saying. "People should lighten up and have a bit of fun."[6]

References[edit]

  1. ^ "Stakes Rise With Launch of the ansarada M&A Game 2.0". Venture Capital Post. 14 July 2014. 
  2. ^ a b "Ansarada Seeks to Revolutionize M&A". Wallstreet.org. 22 January 2015. 
  3. ^ "Online exports". Dynamic Export. 24 June 2011. 
  4. ^ "Excursion Permission Slip" (PDF). Villawood North Public School. 26 August 2013. 
  5. ^ http://www.reuters.com/article/ansarada-idUSnBw256698a+100+BSW20150226
  6. ^ a b c "A Game For Would-Be Dealmakers". New York Times Dealbook. 16 January 2014. 

External links[edit]