Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) has signed a definitive agreement with private investment firm Veronis Suhler Stevenson (“VSS”) whereby an affiliate of KKR will acquire Ipreo Holdings LLC, a premier global provider of capital markets related data, market intelligence, and productivity solutions. Terms of the transaction were not disclosed.
“Ipreo is a sophisticated capital markets and corporate analytics firm managed and staffed by many of the most knowledgeable, creative and client-focused people in the industry. We see great potential for growth and are excited to partner with an industry leader with Ipreo’s depth of experience and reputation for service,” Thomas Uger, Director of KKR, said.
Ipreo is a leading provider of market intelligence, deal execution platforms, and investor communication tools to investment banks and corporations around the world. Ipreo is privately held, with a significant portion of the company owned by management and employees. Ipreo clients include hundreds of corporations listed on all the major exchanges around the globe.
Ipreo is the only provider of new issuance software solutions across the equity, fixed income, and municipal markets, including bookbuilding systems, roadshow & conference management platforms, and electronic document delivery. In addition, the company is known for its Bigdough database, widely recognized as the leading source for institutional contact data and investor profiles, which is available via a suite of sophisticated CRM and prospecting applications and relied upon by both capital markets and investor relations professionals to facilitate effective investor outreach initiatives.
“KKR is a leading global investment firm with a track-record of partnering with world-class enterprises; it’s very exciting for us to have their support,” said Scott Ganeles, Chief Executive Officer of Ipreo. “This is a new chapter in our history, and it is an endorsement of our success to date and a validation of our employees’ commitment to ensuring our clients have the best tools, analysis, and insights to enable them to achieve their capital raising goals.”
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