In a move that underscores the accelerating convergence of technology and sustainability, Novata, a leading ESG data solutions provider for private markets, has announced the acquisition of European sustainability reporting platform Atlas Metrics. The deal marks a major milestone in Novata’s global expansion, aimed at meeting surging demand for digital tools that help investors and companies measure, manage, and report their environmental and social impact. The merger combines two rapidly growing technology firms that share a common mission to make sustainability reporting simpler, more transparent, and globally scalable. Together, the integrated platform will now serve more than 400 clients and support ESG data collection and performance tracking across 13,000 companies worldwide, strengthening Novata’s position as a frontrunner in sustainability data management.

Expanding Reach Through Strategic Acquisition

Founded in 2021 and headquartered in Berlin, Atlas Metrics has built a reputation for its intelligent ESG performance management platform that leverages automation, artificial intelligence, and secure data sharing. Its system helps financial institutions, corporates, and investors navigate increasingly complex sustainability reporting requirements, while improving data quality and communication across organizations.

For Atlas Metrics, the acquisition represents a leap from a regional European base to a global stage. “From the start, we saw a natural alignment with Novata, both in mission and in culture,” said Wladimir Nikoluk, CEO of Atlas Metrics. “Atlas Metrics has always believed that sustainability management should be simple, scalable, and rooted in technology. Joining Novata lets us deliver on that belief at a global scale, giving our clients across and beyond Europe the innovation, efficiency, and trust they need to succeed in a rapidly evolving sustainability landscape.”

Novata’s CEO and Co-Founder Alex Friedman described the acquisition as a foundational step in the company’s long-term growth strategy. “By welcoming Atlas Metrics into the Novata family, we’re delivering on our mission to transform sustainability data into business resilience. Together, we have the scale, technology, and global expertise to help companies and investors turn ESG data management, regulatory readiness, and benchmarking into drivers of long-term value creation.”

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Complementary Strengths in Technology and Market Focus

Founded in New York in 2021, Novata emerged from a consortium of globally recognized institutions, including S&P Global, The Ford Foundation, Hamilton Lane, and Omidyar Network. Designed in partnership with private market investors, both General Partners (GPs) and Limited Partners (LPs), the Novata platform was built to fill a critical gap in ESG measurement for private markets, enabling investors to benchmark, collect, and act on sustainability data with precision and comparability. Atlas Metrics’ advanced data infrastructure and European compliance expertise align seamlessly with Novata’s investor-focused analytics suite. Together, the companies will be able to provide end-to-end ESG solutions that serve both financial institutions and corporates, integrating data collection, reporting automation, and performance insights into a unified digital ecosystem. According to Novata, the merger will not only strengthen its European presence but also accelerate product innovation and deepen partnerships with global financial institutions seeking trusted ESG data management solutions.

A Consolidated Push for Global ESG Data Standardization

The acquisition comes at a time when the sustainability data ecosystem is undergoing rapid transformation. New frameworks such as the EU Corporate Sustainability Reporting Directive (CSRD) and global IFRS S1 and S2 standards have heightened demand for consistent, auditable ESG metrics. Companies and investors are increasingly turning to specialized platforms that can help navigate fragmented reporting landscapes and manage data flows across jurisdictions. With Atlas Metrics’ automation capabilities and Novata’s deep private market expertise, the combined entity will be positioned to play a central role in shaping how organizations collect and interpret sustainability data. The partnership reflects a growing consensus that digital infrastructure not just disclosure, will determine the credibility and efficiency of ESG reporting in the coming decade.

Backed by Global Investors and Strategic Partnerships

Novata’s latest acquisition follows a strategic fundraising round led by S&P Global, alongside Hamilton Lane, Motive Ventures, The Ford Foundation, and Novata’s co-founders Alex Friedman and Josh Green. The capital injection is intended to support the company’s next phase of growth and its ambition to expand across Europe and Asia-Pacific. In parallel, Novata has strengthened its collaboration with S&P Global Sustainable1, the sustainability-focused business unit of S&P Global. Under this partnership, Novata acts as the technology backbone for Sustainable1’s ESG data management services, providing clients with a unified digital environment for sustainability disclosure and analytics. These moves collectively signal Novata’s intent to establish a global standard for sustainability performance management, bridging gaps between corporate data, investor expectations, and regulatory compliance.

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Looking Ahead: The Next Chapter of ESG Data Evolution

The integration of Novata and Atlas Metrics reflects a larger shift in the ESG data industry from fragmented compliance tools to interoperable, intelligence-driven systems that turn sustainability data into strategic insight. By combining technical innovation with a mission-driven approach, the merged company aims to redefine how organizations engage with ESG information, moving beyond box-ticking toward actionable impact. For investors and corporations alike, the message is clear: the future of sustainability reporting lies in unifying technology, transparency, and trust. As ESG regulations tighten and expectations rise, platforms like Novata’s are poised to become the essential infrastructure for measuring, managing, and monetizing sustainability performance on a global scale.

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