Acuris acquires Blackpeak

AcurisAcuris, a BC Partners and GIC-backed provider of financial data, intelligence, research and analysis, has acquired Blackpeak, an investigative research firm. Blackpeak will join Acuris’ Compliance division. The terms of the deal were not disclosed.

Co-founded by Jack Clode and Chris Leahy in 2011, Blackpeak is a premier provider of complex due diligence, research and investigation services, particularly in relation to capital markets, M&A and private equity.

Headquartered in Hong Kong, Blackpeak now operates from key financial and economic centers, including Singapore, Tokyo, Shanghai, Beijing, New York and Washington DC.

Hamilton Matthews

Hamilton Matthews CEO, Acuris

“We are delighted to welcome Jack, Chris and the Blackpeak team to the growing Acuris family. With its expert capabilities as a premium Enhanced Due Diligence services provider and impressive customer portfolio of global blue-chip customers, Blackpeak will enhance our Compliance division’s proposition considerably,” says Hamilton Matthews, CEO of Acuris. “We look forward to working together to support Blackpeak’s growth ambitions and meet the evolving demands of our customers.”

UK, London & Hong Kong

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Silver Lake Partners and Battery Ventures to acquire EDR from DMGT for $205M

Silver LakeSilver Lake and Battery Ventures have agreed to acquire EDR, a leading provider of real estate data and software-as-a-service, from the Daily Mail and General Trust plc for $205m. The investors areBattery Ventures global, growth-oriented firms focused on partnerships with market-leading technology companies. The transaction is expected to close in the coming weeks and is subject to
customary closing conditions.

EDR is a leader in property due-diligence and risk management technology and information. The company’s solutions enable clients — including environmental consultants and engineers, appraisers, and lenders — to manage real estate due diligence processes efficiently and effectively.

Joe Osnoss, Managing Director at Silver Lake, said, ”The real estate sector is continuing to evolve with the introduction of new technologies. EDR has a rich history of thought leadership in this area, and we plan to invest behind the company’s developing product roadmap to serve its important client ecosystem.”

Battery Ventures General Partner Scott Tobin added, ”We look forward to working closely with Chris Aronson and EDR’s management team. We believe that our investment will enable EDR to accelerate growth — including in the state-of-the-art Collateral360 SaaS platform — and extend its reputation as a leader in real estate data and software with a developing range of products and services.”

UK, London & USA, Shelton, CT

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