TH Global Capital is pleased to announce its role as exclusive financial advisor to Waylay on its strategic sale to Vertiv. This transaction marks TH Global Capital’s 6th in Belgium and its 15th in AI, Analytics & Automation, further reinforcing its position as a leading global boutique technology investment bank.
Founded in 2014, Waylay has developed an AI-driven hyperautomation platform that enables workflow-based automation, system integration, and orchestration across a wide range of connected assets, enterprise applications, and cloud services. Its platform delivers powerful data analytics and orchestration capabilities that operate with unprecedented speed, significantly reducing the cost of integration and product deployment. Waylay’s technology can analyze real-time machine data, identify operational trends, and propose predictive actions to minimize downtime and enhance performance.
The acquisition significantly strengthens Vertiv’s ability to help customers worldwide increase uptime, optimize energy usage, and enhance operational intelligence across critical digital infrastructure.
Leonard Donnelly, CEO of Waylay, said, “On behalf of the Waylay team, we are delighted to now be one with Vertiv. Our mission is to deliver the exemplar standard in Generative AI Software Automation solutions for our customers – a domain where we will set the bar high together. Our work is groundbreaking and the scale of the opportunity to deploy is what we are really looking forward to now. Waylay conducted a thorough assessment of several investment banks before appointing TH Global Capital. From the outset, one of our key requirements was to find a partner who could demonstrate exceptional focus and diligence across every stage of the M&A process. TH Global Capital exceeded our expectations on all fronts, working seamlessly with the Waylay team to deliver a highly successful transaction with Vertiv. The outcome is an exceptional match between Waylay and Vertiv, and we are deeply appreciative of TH Global Capital’s role in making this partnership a reality.”
Vivek Subramanyam, Founder and CEO of TH Global Capital, added, “We are thrilled to announce this as our 15th deal in AI, Analytics & Automation. The transaction showcases TH’s strong capabilities and vertical expertise in the technology and Generative AI software landscape. Waylay is a fantastic business, and we wish the team much success on its next phase of growth in partnership with Vertiv.”
Jennifer Lin, Executive Director at TH Global Capital, said, “We are delighted to have advised Waylay on this transaction. It has been fantastic working with Leonard, Veselin, and the seasoned executive team, and we are excited about their future collaboration with Vertiv. Waylay is a true leader in GenAI-powered automation software, designed specifically for industry, and positioning its customers at the forefront of digital transformation. We are thrilled to have facilitated this successful strategic partnership with Vertiv.”
Find out more about the transaction