ZPG Plc acquires Expert Agent

zpgZPG Plc has acquired Expert Agent. The terms of the deal were not disclosed. 

Established in 2003, Expert Agent provides cloud-based software solutions and systems for the day-to-day management of inventory, marketing and communications for estate agents and lettings agents across the UK. 

expertagentUntil February 2017 ZPG Plc was called Zoopla Property Group Plc. The company is already the owner of Zoopla, uSwitch, PrimeLocation, Hometrack and Property Software Group.

Expert Agent will continue to operate as a standalone platform and brand and the team will become part of the Property Services division of ZPG.

Mark Goddard, Managing Director, ZPG Property Services said, “This acquisition helps us continue to enhance the services we offer to UK property professionals, including software and CRM, digital marketing and data insight tools. We will integrate our MoveIT and MyPropertyFile products into the Expert Agent platform in time to provide its members with a range of new revenue opportunities. Our ambition is to be the most effective partner to the UK property industry and this deal is another step towards that goal. We look forward to welcoming Mike and his team to the ZPG family.”

UK, London

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Experian to acquire CSIdentity Corporation

experianExperian is to acquire CSIdentity Corporation, a provider of consumer identity management and fraud detection services, $360 million.

Founded in 2006, CSID uses its patent-protected technology to access a variety of data and scours the internet in real-time to monitor websites, blogs, bulletin boards and chat rooms to identify the illegal trading and selling of personal information. It provides a range of services, including credit data, to notify consumers of potential abuse of their identities and that their digital identity information is being actively sold or traded on the internet. This helps consumers to take action to protect themselves.

csid-logo-60CSID’s clients include information services companies, retailers, financial institutions, insurance companies and other institutions with large customer or membership bases.

Experian’s ProtectMyID product alerts consumers to potential abuse of their identity information when new credit enquiries are made and accounts are opened in their names. CSID enables us to move beyond credit monitoring and enrich our offer to create a superior identity protection service. This two-level approach, using both credit and identity information, means we will proactively inform a consumer that their identification data has been compromised and advise that stolen identity information is actively being used in credit enquiries.

Taking into account the full year revenue from recent contracted client wins, we expect the acquisition of CSID to add annualised incremental revenues of approximately US$120m and EBIT of approximately US$30m for the year ending 31 March 2017. Experian expect to report one-off integration costs of US$8m in the first 12 months.

Brian Cassin, Chief Executive Officer of Experian said: “The acquisition of CSID accelerates execution of our Consumer Services strategy and enables us to address a broader spectrum of the consumer market.”

CSID is being acquired from private equity and other investors, management and employees and will form part of Experian Consumer Services in North America.

UK, London & USA, Austin, TX

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Under Armour acquires Endomondo and MyFitnessPal

Under Armour, the athletic sportswear maker, has acquired Endomondo and MyFitnessPal. Under Armour already owns the MapMyFitness and UA RECORD™ suite of applications. The terms of the deal were not disclosed.

MyFitnessPal is a free resource for achieving and maintaining health and fitness goals. It has 80 million registered users

Endomondo is an open fitness tracking platform and social fitness network connecting athletes throughout the world. Endomondo has around 20 million registered users, approximately 80% of which are located outside of the U.S.

“Under Armour’s demonstrated global leadership in health and fitness innovation is greatly enhanced with the addition of Endomondo and MyFitnessPal, as we continue to redefine and elevate the Connected Fitness experience for millions of people around the world,” said Kevin Plank, Chairman and CEO of Under Armour. “Similar to MapMyFitness, Endomondo and MyFitnessPal have established track records of unmatched equity, expertise and passion in the fitness and nutrition space, and they are ideal partners to enable Under Armour to provide data-driven, proactive solutions to help athletes of all levels lead healthier and more active lifestyles.”

As a wholly-owned subsidiary of Under Armour, Endomondo will continue to operate out of its headquarters in Copenhagen, Denmark. Following the anticipated closing of the acquisition in the first quarter of 2015, MyFitnessPal will continue to operate out of its headquarters in San Francisco, CA.

USA, Baltimore, MD & Denmark, Copenhagen & USA, San Francisco, CA

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

Social media monitoring business Brandwatch acquires PeerIndex

Social media monitoring business Brandwatch, which raised $22 million in May this year, has acquired PeerIndex, a London-based company providing social media analytics based on footprints from use of major social media services. The terms of the deal were not disclosed. According to TechCrunch, it was done mostly for shares in Brandwatch, with some cash.

PeerIndex was founded in 2010 by Azeem Azhar. The company has raised a total of £5 million.

Writing in the Brandwatch blog, Giles Palmer, CEO of Brandwatch said:

“Until now, however, it has not been a very deep tool for understanding audiences – the people who create, read and share content. As we thought about this and started to piece together our ideas for how we could develop data and systems that would bring this fascinating information to light, I happened to be speaking at an event with Azeem Azhar.

As we talked, I became acutely aware that PeerIndex were years ahead of us in their understanding and technology for influencer analytics and mapping.

I thought that if we could add their technology and know-how into Brandwatch, we’d be able to create something that doesn’t exist in the market today.”

brandwatch

UK, London

 

Moody’s completes acquisition of remaining stake in Copal Amba

moodysMoody’s Corporation has completed its acquisition of the remaining shares of Copal Amba and now owns 100% of the company. Moody’s announced on September 30 that it had agreed to acquire the remaining minority stake in Copal Amba.

Copal Amba“We are continuing to expand Copal Amba’s capacity and capabilities to meet the strong demand for high-quality outsourced financial research and analytics,” said Linda S. Huber, Executive Vice President and Chief Financial Officer of Moody’s. “Moody’s is committed to building on Copal Amba’s extensive expertise to advance our global efficiency while continuing to grow Moody’s overall business.”

Copal Amba’s offshore research and analytics services support a wide range of clients, from global financial institutions and Fortune 100 corporations to boutique investment banks and asset managers. It was formed through Moody’s acquisitions of Copal Partners in 2011 and Amba Investment Services in 2013. Copal Amba operates seven service delivery centers and has approximately 2,500 staff worldwide.

The acquisition of the remaining shares in Copal Amba is not expected to have an impact on Moody’s earnings per share (EPS) in 2014 and is expected to be approximately $0.04 to $0.05 accretive to Moody’s EPS in 2015. Moody’s funded the acquisition from international cash on hand. The terms of the transaction were not disclosed.

USA, New York, NY

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Moody’s to Acquire Full Ownership of Copal Amba

moodysMoody’s Corporation is to acquire the remaining outstanding shares of Copal Amba. Moody’s is currently a majority owner of Copal Amba, which was formed through the acquisitions of Copal Partners in 2011 and Amba Investment Services in 2013.

Copal AmbaCopal Amba, a leader in the market for Knowledge Process Outsourcing (KPO), provides offshore research, analytics and business intelligence services to the financial and corporate sectors. Its clients range from global financial institutions and Fortune 100 corporations to boutique investment banks and asset managers.

“Copal Amba has had strong momentum since its formation and has expanded its penetration into the growing market for outsourced financial research, analytics and business intelligence services,” said Linda S. Huber, Executive Vice President and Chief Financial Officer of Moody’s.

The acquisition of the remaining shares is not expected to have an impact on Moody’s earnings per share in 2014 and will be funded from international cash on hand. The terms of the transaction, which is expected to be finalised in Q4 2014, were not disclosed.

USA, New York, NY

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