Bloomberg announced it has entered into a definitive agreement to acquire Canoe Intelligence, an AI-powered data management and intelligence platform for automating private markets data collection and delivery. The acquisition is the latest step in Bloomberg’s multi-year commitment to transform how institutional investors engage with private markets — accelerating its strategy to deliver unified data, analytics and tools to power end-to-end workflows and better serve investors across public and private markets.
Bloomberg has long provided leading public markets intelligence through the Terminal, and its broader suite of data, news and enterprise solutions that the world’s most sophisticated investors rely on every day. Bloomberg has been extending that same expertise into private markets, delivering data on more than 3 million private companies, 50,000 private funds and 16,000 private direct loans alongside analytics, news, research and enterprise solutions. This includ