Sherpany News
Latest Media Coverage & Press Releases
25/06/2026
The Board Decision Gap: AI Transforms the Deal, But Boards Still Govern the Outcome
New global study finds AI-informed decisions are now expected, but human judgment remains decisive at board level
Zurich, Switzerland – June 30, 2026 – Artificial intelligence is rapidly becoming a baseline expectation in dealmaking, with 62% of dealmakers saying human-only decision-making is no longer defensible and 71% believing firms that ignore AI today will not be able to compete over the next five years.
Yet the research also shows that boards remain the critical governance layer for AI-powered dealmaking, responsible for ensuring recommendations are accurate, auditable and accountable.
According to The New Deal Team [LINK], a new report from Datasite in collaboration with FT Longitude, 73% of dealmakers are already using AI for board reporting and governance, while just 22% are willing to let AI make the final recommendation on whether to sign a deal.
The findings point to a board decision gap: AI is transforming how deal information is gathered, analyzed and presented, but accountability for the decisive moment still rests with people.
The research, based on a survey of 1,000 senior dealmakers across 27 countries, also found that accuracy (71%), security (70%) and reliability (58%) are the top attributes required from AI, underscoring the need for boards to demand provenance, auditability and confidence in AI-informed recommendations.
Other key findings from the research include:
23% expect AI to deliver higher-quality decision-making at board level by 2030, suggesting that decision quality, not speed, is where AI is expected to pay back at the top.
Tobias Häckerman, General Manager of Sherpany, said:
“AI is transforming the deal, but boards still govern the outcome. The data shows that AI-informed decisions are now the baseline expectation, yet human judgment continues to own the decisive moment. As AI becomes embedded in board reporting, analysis and recommendations, boards must demand accuracy, security, reliability and clear provenance. The organizations that succeed will be those that combine AI-powered intelligence with disciplined governance and high-quality decision-making.”
About the report
Datasite commissioned FT Longitude, the specialist research and content studio of the Financial Times Group, to survey 1,000 dealmakers at the C-suite or C-1 level across 27 countries in March 2026. Respondents represented corporate development, private equity, law, accounting and professional services and all had decision-making responsibility in at least three deals during the previous 24 months. To download The New Deal Team report, visit Datasite.
About Sherpany
Sherpany is the leading meeting management and governance platform helping boards and executive teams make better decisions. Trusted by organisations across Europe and beyond, Sherpany streamlines board processes, improves governance and enables leaders to focus on decision quality, accountability and strategic outcomes.
About Datasite
Datasite provides the infrastructure that enables information flow for private market transactions, with purpose-built tools utilised to optimise outcomes. Datasite’s innovative product portfolio, which spans sell-side virtual data rooms, buy-side intelligence (Grata), agentic AI applications (Blueflame AI), board meeting and governance management (Sherpany), and an open data infrastructure layer, drives execution across the full investment lifecycle while generating unique data insights to empower investors, advisors, and deal professionals worldwide. Trusted by top private equity and law firms, investment banks, and consultancies, Datasite is built on 26 years of enterprise-grade security, compliance, and reliability.
CONTACT:
22/02/2024
Datasite Acquires Zurich-based Sherpany
Acquisition Expands Datasite’s Product Suite to Include Board Reporting and Meeting Management
MINNEAPOLIS, Minn. – February 22, 2024 – Datasite®, a leading SaaS platform used by enterprises globally to execute complex, strategic projects, today announced that it has acquired Sherpany®, a Zurich-based board reporting and meeting management software provider. Terms of the agreement are not being disclosed and the transaction is expected to close in Q1 2024, subject to closing conditions.
“Datasite is committed to delivering products that enable professionals to execute complex, strategic projects” said Rusty Wiley, President & Chief Executive Officer of Datasite. “The acquisition of Sherpany extends our product suite with advanced functionality that facilitates board collaboration and meeting management, further enhancing organizational productivity. We look forward to integrating these capabilities into the Datasite platform, adding significant value for our customers.”
Founded in 2011 and with offices across Europe, Sherpany’s software allows professionals to increase productivity by streamlining both board and general meeting preparation, execution and archiving. Sherpany will run as a strategic business unit within Datasite and will function as a standalone entity, supported by Datasite’s ongoing investment.
“Creating a world where every meeting counts has been Sherpany’s mission from the very start,” said Tobias Häckermann, Founder and Chief Executive Officer of Sherpany. “Datasite and Sherpany have a shared passion for leveraging technology to streamline business processes and boost organizational productivity. We are excited to further expand the scope and reach of our board collaboration and meeting management solutions with Datasite.”
“After more than ten years of leadership, my fellow shareholders and I are excited to pass along and entrust Sherpany to new owners, enabling this great company and its great team to continue building a leading global market player” said Nicole Herzog, Chairwoman of Sherpany.
Datasite is being advised by Torch Partners, KPMG LPP and Willkie Farr & Gallagher LLP. Sherpany is being advised by Macquarie Capital and Kellerhals Carrard Zürich KlG.
To learn more about Datasite, please visit: www.datasite.com
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About Datasite
Datasite is a leading SaaS platform that is used by enterprises globally to execute complex, strategic projects. Datasite’s innovative products drive workflow automation and efficiencies, while generating unique data insights to empower knowledge workers around the world to succeed across the entire project lifecycle. For more information, visit www.datasite.com. Read Datasite press release here.
About Sherpany
Sherpany is a leading SaaS provider of board reporting and meeting management solutions that streamline the entire meeting process to enhance productivity and company performance. For more information, visit www.sherpany.com
CONTACT:
Marta Carraro
Datasite
212-367-6162
marta.carraro@datasite.com
Nicholas Koulermos
5W Public Relations
646-843-1812
Datasite@5WPR.com