The Deal
The Deal is a B2B subscription intelligence platform providing intraday M&A, private equity, activism, and restructuring coverage for law firms, investment banks, private equity firms, hedge funds, and executive search firms, with proprietary databases, league tables, and sector-specific newsletters.
- Company typePrivate
- Founded1999
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What The Deal does
The Deal is a financial news and deal intelligence publication that provides intraday coverage of corporate transactions across M&A, private equity, shareholder activism, and restructuring. Founded in 1999 by Bruce Wasserstein, the company operates a proprietary deal database, deal memos, company profiles, and people data, supplemented by league tables ranking firms across M&A, private equity, bankruptcy, out-of-court, PIPEs, and life settlements. Its product surface spans the core The Deal Platform, the PrivateRaise PIPE and SPAC data service, the Corporate Control Alert legal analysis product, sector-specific newsletters, and Founder- or Family-Owned Insights for private middle-market coverage. Distribution is delivered through a digital subscription platform at pipeline.thedeal.com, with supporting content channels including podcasts (Behind the Buyouts, Drinks With The Deal, Activist Investing Today, Fresh Start) and a portfolio of daily and weekly newsletters.
The company serves an exclusively enterprise client base: law firm partners and librarians, investment banks, private equity firms, hedge funds, and executive search firms, with insurance firms added as a newer vertical. Go-to-market runs through direct enterprise field sales with a "Request a Demo" conversion model and quote-based, undisclosed subscription pricing billed annually. The Deal is headquartered at 41 Madison Avenue, New York, and is structured as a subsidiary of With Intelligence, which was acquired by S&P Global in December 2025 for approximately USD 1.8 billion; The Deal itself was divested into With Intelligence in February 2025.
Revenue mechanics are anchored in recurring subscription income with no public pricing disclosure and no disclosed revenue figures in the available material. The company maintains a 51-100 employee footprint, an editorial team with deep domain tenure, and a horizontal segmentation approach spanning multiple deal-economy verticals. No API, SDK, or AI/ML product capabilities are documented in the source material; the platform's value proposition rests on editorial exclusivity, historical coverage depth, and proprietary datasets such as PrivateRaise's 15,000+ PIPE/SPAC placement profiles.
The Deal firmographics
Firmographics- Name
- The Deal
- Legal name
- The Deal
- Website
- https://thedeal.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Deal is a B2B subscription intelligence platform providing intraday M&A, private equity, activism, and restructuring coverage for law firms, investment banks, private equity firms, hedge funds, and executive search firms, with proprietary databases, league tables, and sector-specific newsletters.
- Ownership category
- akta.pro rank
The Deal industry classification
Industry- Product category
- Financial Deal Intelligence and M&A News
- NAICS
- Miscellaneous Intermediation (523910)
- SIC
- Services-Management Services (8741)
- akta.pro primary industry
- Valuation & Purchase Price Allocation (Deal Valuation) (BPAHAOAK)
- akta.pro secondary industries
- Transaction Structuring, Negotiation & Deal Execution Support (FSAEAGAK), Transaction Tax Structuring & Deal Advisory (BPAHAOAJ)
Keywords
Where The Deal is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Deal business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Subscription-Based Intelligence Services: The Deal provides actionable, intraday coverage of mergers, acquisitions and all other changes in corporate control to institutional investors, private equity, hedge funds and the firms that serve them through subscription-based access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Subscription |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
The Deal product offering
Product offeringCore offering
The Deal is a subscription-based financial media and deal intelligence platform providing intraday coverage of mergers & acquisitions, private equity, activism, and restructuring transactions, plus a comprehensive historic deal database, league table rankings, sector-specific reports, and newsletters. It sells access to law firms, investment banks, private equity, hedge funds, executive search firms, and other financial services professionals globally, with supplementary products including the PrivateRaise PIPE/SPAC database and Founder- or Family-Owned middle-market insights.
Product overview
The Deal is a financial news and deal intelligence platform offering a suite of products for dealmaking professionals. The core offering consists of the main The Deal Platform delivering actionable M&A news, exclusives, and analysis, supplemented by specialized databases including PrivateRaise for PIPE/SPAC data, League Tables for deal rankings, and sector-specific newsletters like Corporate Control Alert, PIPEs Report, and Life Settlements Report. The company also offers Founder- or Family-Owned Insights providing proprietary coverage of private middle-market companies. These products serve law firms, investment banks, private equity, hedge funds, and other financial professionals requiring deal intelligence and research tools.
Differentiator
Problem solved
Functional benefit
Products and services
- The Deal Platform
- PrivateRaise
- SPAC Search
- League Tables
- Corporate Control Alert
- PIPEs Report
- Life Settlements Report
- Founder- or Family-Owned Insights
- Services Dispatch
- Tech Confidential
Companies that use The Deal
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles6 records
The Deal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Deal partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights6 records
The Deal competitors and assessment
Company assessmentDirect peers
- Mergermarket (Acuris): Mergermarket is a leading M&A intelligence platform providing deal information, proprietary intelligence, and league tables to PE firms, corporates, and advisers. It is the closest direct competitor to The Deal in M&A/PE deal intelligence, with many former Deal reporters (e.g., Sam Weisberg) having previously worked at Mergermarket.
- PitchBook: PitchBook provides comprehensive private market data including deals, fund performance, and company intelligence to PE/VC firms. It overlaps directly with The Deal's PrivateRaise and League Tables products in PIPE, SPAC, and PE deal data, and serves a similar institutional customer base.
- TheStreet: TheStreet was The Deal's former corporate parent and shares overlapping audiences in financial news and commentary. While broader in retail-investor focus, it represents a historical peer in financial journalism and a potential cross-promotional channel for institutional content.
- Acuris (now part of Acuris Intelligence, formerly Acuris Media): Acuris is a financial intelligence provider including Mergermarket, DealReporter, and other transaction-focused newswires. It is one of The Deal's most direct competitors in M&A/PE deal intelligence and has historically competed for the same law firm, banking, and PE subscribers.
- Private Equity Info (PEI Media): PEI Media (Private Equity International) provides deep coverage of the PE industry including deal data, fund reports, and LP/GP intelligence. It directly competes with The Deal's Private Equity Daily newsletter and PE league tables for the same PE customer base.
Broad incumbents
- Refinitiv (LSEG): Refinitiv, owned by London Stock Exchange Group, provides deal data, M&A intelligence, and financial analytics to investment banks, law firms, and asset managers. It competes with The Deal on league tables, deal coverage, and people data within larger financial-terminal workflows.
- S&P Capital IQ: S&P Capital IQ is S&P Global's flagship financial data platform offering company financials, transactions, and screening tools. It is now a sister product to The Deal under S&P Global ownership and represents both a bundling opportunity and a competing intelligence platform for the same enterprise customers.
- Reuters/LSEG DealWatch: Reuters (now part of LSEG) provides breaking deal news and transaction data widely used by legal, banking, and PE professionals. It serves as a near-substitute for The Deal's real-time M&A news coverage and is often bundled into broader enterprise subscriptions.
- Bloomberg Intelligence: Bloomberg Intelligence provides equity research, industry analysis, and M&A coverage bundled with the Bloomberg Terminal. It competes with The Deal's research and analyst functions for institutional attention and is widely embedded as a baseline intelligence subscription at many of the same customer accounts.
Regional players
- DealStreetAsia / DealStreetAsia PE-VC Summit: DealStreetAsia covers PE/VC deal activity across Asia-Pacific with proprietary data and reporting, comparable to The Deal's Asia regional newsletter. It serves a similar institutional audience in deal sourcing and intelligence within the APAC geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
The Deal social profiles
Digital presenceThe Deal financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Deal leadership team
Management profileNumber of profiles
Profiles14 records
The Deal subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Deal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Deal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Deal
What does The Deal do?
The Deal is a subscription-based financial media and deal intelligence platform providing intraday coverage of mergers & acquisitions, private equity, activism, and restructuring transactions, plus a comprehensive historic deal database, league table rankings, sector-specific reports, and newsletters. It sells access to law firms, investment banks, private equity, hedge funds, executive search firms, and other financial services professionals globally, with supplementary products including the PrivateRaise PIPE/SPAC database and Founder- or Family-Owned middle-market insights.
Is The Deal a public or private company?
The Deal is a private company. It is classified as corporate owned and is currently operating.
When was The Deal founded?
The Deal was founded in 1999. It employs 51 to 100 people.
Where is The Deal based?
The Deal is headquartered in New York, United States, in the North America region.
How does The Deal make money?
One revenue line is on record: subscription-Based Intelligence Services.
Who are The Deal's main competitors?
Direct peers on record are Mergermarket (Acuris), PitchBook, TheStreet, Acuris (now part of Acuris Intelligence, formerly Acuris Media) and Private Equity Info (PEI Media). Broad incumbents are Refinitiv (LSEG), S&P Capital IQ, Reuters/LSEG DealWatch and Bloomberg Intelligence. DealStreetAsia / DealStreetAsia PE-VC Summit is listed as a regional player.
Does The Deal have an API?
No public API is recorded for The Deal.
What industry is The Deal in?
The Deal's product category is Financial Deal Intelligence and M&A News. Its primary akta.pro industry code is BPAHAOAK, Valuation & Purchase Price Allocation (Deal Valuation), with a secondary code of FSAEAGAK, Transaction Structuring, Negotiation & Deal Execution Support. Its NAICS code is 523910 and its SIC code is 8741.