Zurich, Lugano, January 20, 2023. Maveria Advisory and Slator AG acted as the joint exclusive sell-side advisors to Repustate, Inc., an innovative sentiment analysis and natural language processing company in connection with its sale to Sprout Social, Inc. (Nasdaq: SPT), an industry-leading provider of social media management software.
Founded in 2010, Toronto-based Repustate uses AI-powered semantic technology to model sentiment analysis, text analytics, and enterprise search solutions.
Sprout Social said that the acquisition “will increase the power, breadth, and automation of social listening, messaging, and customer care capabilities with added sentiment analysis, natural language processing (NLP), and artificial-intelligence (AI).”
Sprout Social’s CEO and Co-Founder, Justyn Howard, added that “sentiment analysis and artificial intelligence are key to managing social media at scale and, with the addition of Repustate technology, we’re excited to bring an even deeper set of capabilities to our customers.”
Working closely with Repustate CEO, Martin Ostrovsky, Maveria and Slator advised the seller throughout the process, including preparing the process documentation, screening and contacting potential buyers, and managing and coordinating the closing.
About Maveria Advisory
Headquartered in Lugano, Switzerland, Maveria Advisory is an independent advisory boutique focusing on company transactions such as Mergers and Acquisitions (M&A), financial restructuring, strategic partnering, and capital raise for business development.
About Slator AG
Slator is the leading source of research and advisory services for the global translation, localization, and language technology industry. Slator’s Advisory practice is a trusted partner to clients looking for independent analysis. Headquartered in Zurich, Switzerland, Slator has a presence in Asia, Europe, and the United States.
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