IHS acquires RootMetrics

ihs_logo_mpIHS Inc. has acquired mobile network analytics company RootMetrics. The terms of the deal were not disclosed.

RootMetrics offers highly detailed network analytics on a subscription basis to mobile operators and infrastructure providers in the U.S. and U.K. The company will remain headquartered in Bellevue, Washington, and will continue to operate with the RootMetrics brand name. The company employs rm-logo170 colleagues based mostly in the U.S., with a growing presence in the U.K.

USA, Englewood, CO & Bellevue, WA

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Market Track acquires New Momentum

MarketTrackMarket Track, a provider of advertising, promotional, and pricing intelligence solutions in North America, has acquired New Momentum (NewMo). The terms of the deal were not disclosed.

newmoBased in the San Francisco Bay area, NewMo provides online brand protection and eCommerce price monitoring services to many of the world’s most respected brands.

Commenting on the NewMo acquisition, Paul Salay, Market Track’s President, said, “NewMo has developed a proven expertise in helping companies reduce online fraud and protect their valuable brand equity. The unique combination of the two companies’ technology platforms coupled with NewMo’s unique, data-driven solutions will enable us to offer enhanced services to our clients through industry-leading innovation and thought leadership in this ever-changing digital landscape. The NewMo acquisition is just one of many investments Market Track is making to support our clients’ evolving needs across pricing optimization, competitive intelligence and assortment planning.”

USA, Chicago, IL & San Francisco Bay, CA

 

Moody’s to acquire Equilibrium in Peru

moodysMoody’s Corporation is to acquire Equilibrium, a provider of credit rating and research services in Peru and other countries in Latin America.

Based in Peru, Equilibrium has operated since 1996. Following the acquisition, Equilibrium will continue to issue domestic ratings in Peru and Panama with an independent analytical and rating committee process. Renzo Barbieri will continue to lead Equilibrium’s operations following the acquisition.

equilibriumThe acquisition is expected to close in the second quarter of 2015. Equilibrium’s operations in El Salvador will not be acquired; the other terms of the transaction were not disclosed.

“Equilibrium is highly-regarded for the quality of its credit ratings and research and the broad scope of its analytical coverage,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “This acquisition positions Equilibrium to serve the growing needs of issuers and investors across Latin America while deepening Moody’s presence in this dynamic and expanding market.”
Equilibrium and Moody’s Investors Service have had a technical services agreement since 2007, through which Moody’s has provided Equilibrium with technical support .

USA, New York, NY & Peru

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Verisk Analytics to acquire Wood Mackenzie

logo_verisk-t1Data analytics provider Verisk Analytics is acquiring Wood Mackenzie from private equity firm Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie provides data analytics and commercial intelligence for the energy, chemicals, metals and mining verticals.

The purchase price is £1.850 billion (approximately $2.8 billion) to be paid in cash. Verisk intends to finance the transaction through a combination of about $2 billion in debt and up to $800 million in equity.

For the year ended December 31, 2014, Wood Mackenzie’s revenue and EBITDA were £2woodmac_logo27 million and £107 million, respectively, representing an EBITDA margin of 47.1%. The transaction is expected to close during the second quarter of 2015. Stephen Halliday, Wood Mackenzie’s CEO, will continue to lead the business, reporting to Verisk president and CEO, Scott Stephenson.

In July 2012 Fusion DigiNet reported that private equity group Hellman & Friedman had taken a 63% stake in Wood Mackenzie in a deal that valued Wood Mackenzie at £1.1 billion pounds (approximately $1.7 billion). Vendor Charterhouse retained a 13 percent interest. Wood Mackenzie’s management and staff held a 24 percent interest.

Based in Edinburgh, Wood Mackenzie’s customer base includes 800+ international and national energy and metals companies, financial institutions, and governments. Wood Mackenzie works with strategy and policy makers, business development executives, market analysts, corporate finance professionals, risk teams, and investors. The company has approximately 1,000 employees worldwide with offices in Edinburgh, Dubai, Houston, London, Singapore, and Sydney.

“Wood Mackenzie is a world-class company and an excellent addition to the Verisk family,” said Scott Stephenson, president and chief executive officer of Verisk Analytics. “The company has significant opportunities in the global energy, chemicals, metals and mining verticals, a track record of consistent revenue growth and profitability, distinctive and mission-critical solutions, and an impressive management team. Those are all features of a unique and wonderful business.”

USA, Jersey City, NJ and UK, Edinburgh

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Sagentia Group acquires Oakland Innovation

Sagentia Group plc has acquired Oakland Innovation Limited, an R&D consultancy specialising in technology innovation and market intelligence for the global consumer and healthcare markets.

Founded in 1989 by Managing Director, Michael Zeitlyn, Cambridge-based Oakland employs 47 staff, of which approximately two-thirds are PhD qualified.  Michael Zeitlyn, and Jennifer Brown, Sales Director and shareholder, will remain with the business. Oakland will be integrated into Sagentia’s Technology Advisory Division.

In the year to 31 December 2014, Oakland generated revenue of approximately £3.9 million and profit before tax of approximately £0.7 million.  Net assets at completion were approximately £0.5 million including £0.7 million in cash.  These figures are all unaudited.  The total cash consideration of £5.0 million will be satisfied as to £3.6 million in cash on completion (payable out of Sagentia’s existing cash resources) and as to £1.4 million satisfied by the sale of Sagentia’s treasury shares, equivalent to 1,043,333 Sagentia shares at the average closing mid-market price of 130.7 pence on the five dealing days immediately prior to completion.  The Sagentia shares are subject to lock-in periods of between 18 months and three years.  There is no deferred consideration.

The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 38,379,948.  Sagentia holds 3,682,087 shares in treasury. Following this announcement the directors of Sagentia Group plc have interests in the ordinary shares of the Company as follows:

No of shares owned

% Holding

Martyn Ratcliffe

12,512,906

32.60%

David Courtley

375,000

0.98%

UK, Cambridge

NAHL Group acquires Fitzalan Partners

national accident helplineNAHL, the UK consumer marketing business focused on the Personal Injury market, operating under the National Accident Helpline brand, has acquired Fitzalan Partners. The Group is paying up to £4.3m for Fitzalan made up of an initial cash consideration of £3.0m and a further cash of up to £1.3m prior to 31 December 2015 dependent on certain conditions being met. Fitzalan reported Profit before Taxation of £0.7m for the year to 31 July 2014.  

Based in London, Fitzalan, which was founded in 2011, is an online marketing specialist that uses proprietary technology platforms to target home buyers and sellers in England and Wales and offers lead generation services to panel law firms and surveyors in the conveyancing sector, providing them with confirmed instructions rather than partially qualified leads. 

Russell Atkinson, CEO of NAHL, commented: “As we highlighted at the time of our IPO, strategic acquisitions are a key part of our growth strategy and we are delighted with the acquisition of Fitzalan.  The acquisition offers NAHL the opportunity to extend its reach into the conveyancing market and utilise its competitive advantage and skill set from the PI market to take advantage of the significant growth opportunities already identified.”

UK, Kettering & London

STATS acquires The Sports Network

statsGlobal sports data and analytics provider STATS has acquired The Sports Network. Based in Philadelphia. The Sports Network is an international sports information company. Its content ranges from statistics to news, weather and injury reports to instant scores, branded product and game casts to photography and complete fantasy coverage data, US domestic or world-wide, radio or TV, print or Internet, mobile to signage.

TSNAbbr“The growing appetite for sports content, data and analytics continues to revolutionize the experience of sport in every arena for fans, teams and brands alike,” said Gary Walrath, CEO of STATS. “The combination of STATS and The Sports Network will expand our ability to meet the increasing demand for the creative use of sports data and analytics across different customer segments globally.”

STATS acquired Bloomberg Sports in September 2014.

USA, Northbrook, IL & Philadelphia, PA

AXIO Data Group completes acquisition of FlightView

OAGOAG, a provider of aviation information and analytical services, has acquired FlightView, Inc., the Boston-based provider of real-time flight information solutions for the aviation and travel industries. The terms of the deal were not disclosed.

flightviewFlightView‘s products help aviation and travel professionals achieve superior customer service, operational efficiencies, and has attracted strong brand loyalty with easy to use real-time information. FlightView brings more than 600 B2B customers from the travel, technology and general aviation sectors. In addition, FlightView’s smart phone apps have been downloaded more than 3 million times, its website has over 1 million monthly unique users and it responds to over 300m flight status requests every month.

OAG, headquartered in Luton, UK and with a global network of offices, is the aviation division of AXIO Data Group. Axio operates a portfolio of information businesses and is owned by funds managed by Electra Partners LLP.

Henry Elkington, Chief Executive of AXIO, said: “The addition of FlightView, with its highly complementary customer base and strength in the US market, will give OAG clear leadership in the growing global flight status and schedules data markets. This is the second significant bolt-on acquisition AXIO has made in the last 12 months. We continue to execute our strategy of building and improving each of our individual businesses to increase their value.”

UK, Luton & USA, Boston, MA

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ITE Group acquires transportation and logistics exhibition business Breakbulk from Axio Posted on December 23, 2014

ALM Acquires Summit Professional Networks

ALM2ALM, owner of The American Lawyer and The National Law Journal and other titles, is to acquire Summit Professional Networks, the publisher of Investment Advisor and several insurance and legal publications including National Underwriter and InsideCounsel. The deal also includes Judy Diamond Associates, a provider of prospecting tools and data within the benefits industry.

Summit ProfThis is the second acquisition by ALM in two months. ALM acquired Kennedy Consulting Research & Advisory in December.

“The acquisition of Summit Professional Networks represents the next major step in ALM’s growth strategy, expanding our reach into new strategic markets,” said Bill Carter, President and CEO of ALM. “What makes Summit an ideal fit with ALM is their strong competitive position in the markets they serve, driven by a combination of award-winning journalism and their robust custom marketing solutions.”

With six offices in the U.S., Summit publishes content through several brands in the investment advisory, legal, insurance and benefits fields. In addition to Investment Advisor, National Underwriter, and InsideCounsel, Summit publishes other brands including Credit Union Times, Benefits Selling, ThinkAdvisor.com, PropertyCasualty360 and LifeHealthPro, among others.

ALM was acquired in July by a consortium led by private-equity firm Wasserstein & Co. for $417 million. Wasserstein had previously owned ALM, but sold it to Incisive Media in 2007 for $630 million.

USA, New York, NY

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Wasserstein & Co. to by back ALM Media from Apax at a discount Posted on June 5, 2014

 

Euromoney Institutional Investor completes Dealogic transaction

dealogic_logoEuromoney Institutional Investor PLC, the online information and events group, has completed the acquisition of a 15.5% equity stake in New Dealogic for £59.2 million. For the year to December 31, 2013, Dealogic achieved adjusted earnings before interest, depreciation and amortisation of $66.7 million on $152.3 million of revenues, and at that date had gross assets of $127.7 million. The transaction takes effect from December 18.

See also: Euromoney to acquire a strategic shareholding in Dealogic: Sells Capital DATA and Capital NET posted on November 5, 2014

New Dealogic is a new company incorporated by The Carlyle Group to acquire Dealogic Holdings plc alongside Carlyle and Dealogic’s founders.  Euromoney’s investment in New Dealogic has been funded through the sale to New Dealogic of its interests in two businesses, Capital DATA and Capital NET, which Dealogic and Euromoney had operated jointly since the 1980s. The transaction values Euromoney’s participation in these two businesses at $85 million.

Dealogic provides data and analytics, market intelligence and capital markets software solutions to investment banks to help them manage their workflows, assist with deal origination and execution, and optimise productivity across their equity capital markets, fixed income, investment banking and research, sales and trading businesses.

UK, London

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