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.

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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.

Verisk To Acquire Oak Backed Argus For $425M

Verisk Analytics, Inc. said it signed an agreement to acquire Argus Information & Advisory Services, LLC. The purchase price is to be $425 million, and as part of the transaction, Verisk expects to realize about $45 million in tax benefits. Oak Investment Partners is an Argus investor. PRESS RELEASE Verisk Analytics to Acquire Argus Information […]

FirstBest Systems Raises $10M From Flybridge, NewSpring, Brookstone, Verisk

FirstBest Systems said it raised $10 million in funding in a round led by NewSpring Capital and joined by Verisk Analytics, Brookstone Partners and Flybridge Capital Partners. NewSpring General Partner Michael A. DiPiano has joined FirstBest’s board. PRESS RELEASE Insurance Software Provider FirstBest Systems Closes $10 Million in Growth Financing  NewSpring Capital Leads New Round to Fuel […]

FirstBest Nabs $10M Round

FirstBest Systems, Inc., the Massachusetts-based software provider for insurers, completed $10 million in funding from investors including NewSpring Capital, Verisk Analytics, Brookstone Partners and Flybridge Capital Partners. Michael DiPiano, general partner with NewSpring, will join FirstBest’s board. PRESS RELEASE: Insurance Software Provider FirstBest Systems Closes $10 Million in Growth Financing NewSpring Capital Leads New Round […]

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