123 Views

Verisk closes Wood Mackenzie buy

Verisk Analytics Inc. said Tuesday it completed its buy of Wood Mackenzie Ltd. in a deal valued at about $2.8 billion. The seller was Hellman & Friedman. Verisk, of Edinburgh, United Kingdom, provides data analytics and commercial intelligence for the energy, chemicals, metals and mining verticals.

333 Views

Hellman & Friedman to sell Wood Mackenzie for $2.8 bln

Verisk Analytics Inc. said Tuesday it has agreed to buy Wood Mackenzie from Hellman & Friedman and other Wood shareholders. The purchase price is 1.850 billion pounds or about U.S. $2.8 billion. The deal will include a combination of about $2 billion in debt and up to $800 million in equity, Verisk said. Verisk, of Edinburgh, United Kingdom, provides data analytics and commercial intelligence for the energy, chemicals, metals and mining verticals. Morgan Stanley and BofA Merrill Lynch provided financial advice to Verisk while Deutsche Bank and Lazard advised Wood Mackenzie.

140 Views

PE-backed Renaissance Learning buys UClass

Renaissance Learning, a portfolio company of Hellman & Friedman, has acquired UClass. No financial terms were disclosed. GSV Advisors advised UClass on the transaction. UClass is a provider of K12 content management solutions for school districts.

PE HUB Community

Join the 12518 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget