Ipreo, Financial Services Solution & Data Provider in BIP Capital Portfolio, Acquired for $1.855B

As reported in PE Hub in early August, “IHS Markit Ltd has completed its previously announced acquisition of Ipreo, a financial services solutions and data provider, for $1.855 billion. The sellers were private equity funds managed by BlackStone and Goldman Sachs. Barclays was lead financial adviser to IHS Markit with HSBC also serving as financial adviser.”

Our investment in Ipreo began in 2014 when Ipreo acquired BIP Capital portfolio company Shareholder Insite in exchange for cash and stock.

Ipreo supports all market participants in the capital-raising process, including banks, public and private companies, institutional and individual investors as well as research, asset management and wealth management firms. Its products and services equip clients with critical information and tools for more effective decision-making and more efficient workflow, minimizing the increasing costs and complexities of operating in the capital markets.

Company executives shared the following in the official press release: “With the combination of IHS Markit and Ipreo, we are bringing together businesses with strong adjacencies and a large combined opportunity,” said Adam Kansler, president of financial services for IHS Markit. “In addition to expanding our core businesses, we are especially excited about our potential to grow in the alternatives segment with a focus on delivering tools for greater transparency and efficiency.”

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