Carlyle backed YipitData explores 2.5B sale
Carlyle backed data analytics provider YipitData is exploring a sale that could value the company at over 2.5 billion dollars. The firm is working with Goldman Sachs as investor demand for proprietary datasets surges.
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YipitData is exploring a sale valuing the data analytics provider at more than $2.5 billion, people familiar with the matter said late Wednesday morning. The process highlights soaring demand for proprietary datasets as investors seek unique assets capable of training artificial intelligence models. Goldman Sachs Group Inc is advising on the potential transaction, which follows a valuation exceeding $1 billion during a 2021 funding round.
