Announced
Financials
Tags
Private
Friendly
Acquisition
Information / Data Services
Pending
United States
data and intelligence
Single Bidder
Synopsis
Verisk, a leading data analytics provider, agreed to acquire Genscape, a leading global provider of real-time data and intelligence for commodity and energy markets, from Daily Mail and General Trust, which manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment, for $364m. “We’re very excited about this combination,” said Jon Ecker, chief executive officer of Genscape. “Our content, analytics, and services complement each other extremely well, and the combination will bring significant added value for our customers. We’re looking forward to working with Verisk and Wood Mackenzie to see what the energy future holds.”
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