MLM 2 and Warburg Pincus Acquire Minesoft
LONDON and NEW YORK, Feb. 16, 2022 /PRNewswire/ -- MLM 2, an information services and software platform led by veteran IP executive Mason Slaine, and Warburg Pincus, a leading global growth investor, today announced the acquisition of Minesoft, a leading patent search provider. The investment will enable the company to accelerate the development of new products, expand and scale globally, including in the U.S., and enhance existing products with analytics, artificial intelligence, and machine learning. Terms of the transaction were not disclosed.
Minesoft marks the first acquisition for MLM 2, backed by a $1 billion equity commitment from Warburg Pincus. MLM 2 continues to pursue additional