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How to Verify if a Company is Still Active After Mergers and Acquisitions
Hi! There are a lot of mergers/acquisitions in our industry. Is there a way to verify if a company is still an active business or not?
Tanvi R.··Hi Nicole, thanks for reaching out! Great question!
- Tanvi R.··
To clarify, are you defining "active" businesses as companies that have not been merged or acquired?
Correct! Or vice versa - I suppose whichever is easier to upkeep/take less credits.
For now, the use case is a one-time enrichment of all companies in our database to confirm it is still an active business. In the future, I would like this as an ongoing alert/check
- Tanvi R.··
Got it Nicole! We actually have an Ownership status waterfall you can use here that only costs 1 credit per row! You can search here by Company LinkedIn url or Company Domain. https://downloads.intercomcdn.com/i/o/w28k1kwz/1258124367/bb397160f0260fad9ad732f5393f/CleanShot+2024-11-19+at+13_27_08%402x.png?expires=1732042800&signature=356a00b614d881cf7cf202b6a65fd3b9c6ebceecfc52e3f3c54d930c52bf51e2&req=dSIiHsh8mYJZXvMW1HO4zUz7ybYngmnConF6gwVc0b4mViQp5BTmNeHlLNxW%0ABeQV%0A
Thank you! Can you please quickly explain what "ownership" is defined as and what I can expect as output?
- Tanvi R.··
Hey Nicole, this will tell you if a company is publicly or privately held!
- Tanvi R.··
If you're looking for the merged/acquistion stage specifically, you can use the Funding Stage waterfall, which will return the exact stage/series a company is in (exit/acquisition being one of them) https://downloads.intercomcdn.com/i/o/w28k1kwz/1258143007/feeff58f4c4934e32cc16773ef07/CleanShot+2024-11-19+at+13_40_17%402x.png?expires=1732043700&signature=7524f8d509e2cffa3dab980363dba2c2a5afd380bc6a25a80fbabe4969057df7&req=dSIiHsh6noFfXvMW1HO4zZ7W5rQfdl1Y%2BtrLZuIPESqHOxmUaDsgrBgYfWRw%0A7RKc%0A
Hey there - just wanted to check in here to see if you needed anything else! Feel free to reply back here if you do.
We haven't heard back from you in a bit, so we're going to go ahead and close things out here - feel free to let us know if you still need something!
