Scope
Reference
4790
Description
The Department for Business and Trade (DBT) has procured data license subscriptions from PitchBook and award the contract to them. This contract will ensure that our teams have access to comprehensive global market analysis, as well as detailed information on UK companies. This unique service is invaluable for our UK and overseas sector teams, as well as our central investment function teams.
PitchBook is a financial data and software company specialising in providing detailed information on private and public markets, including venture capital, private equity, and mergers and acquisitions.
Contract 2
Supplier
Contract value
- £281,374.20 excluding VAT
- £337,649.04 including VAT
Above the relevant threshold
Date signed
24 April 2025
Contract dates
- 28 May 2025 to 1 April 2026
- 10 months, 5 days
Main procurement category
Services
CPV classifications
- 72300000 - Data services
Justification for not setting key performance indicators
N/A
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Direct award
Direct award justification
Single supplier - technical reasons
The selected supplier is the only known provider offering a uniquely comprehensive and integrated dataset that spans both private and public markets globally. Their platform consolidates a wide range of structured and proprietary indicators relevant to market activity, company growth trajectories, and investment signals. This includes financial, operational, and strategic insights that are not available in combination from other sources. The solution also enables advanced relationship mapping and intelligence on key stakeholders, which is critical for our intended use case. No other known provider has been identified that can deliver this breadth and depth of data within a single platform.
Supplier
PITCHBOOK DATA LIMITED
- Companies House: 09071191
Saffron House 6-10 Kirby Street, First Floor
London
EC1N 8TS
United Kingdom
Email: justin.kimble@pitchbook.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 2
Contracting authority
Department for Business & Trade
- Public Procurement Organisation Number: PZZJ-6312-QTTD
Old Admiralty Building
London
SW1A 2DY
United Kingdom
Region: UKI32 - Westminster
Organisation type: Public authority - central government