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New Deal


Announced

IHS Markit to acquire Novation Analytics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software solutions

Acquisition

Pending

United States

Software

Majority

software development

Friendly

Private

Single Bidder

Synopsis

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IHS Markit, a world leader in critical information, analytics and solutions, agreed to acquire Novation Analytics, a provider of software solutions, data analysis and advisory services to the automotive industry. Financial terms were not disclosed. “We have been working closely with Novation Analytics over the last few years, helping original equipment manufacturers and suppliers navigate the emissions compliance challenges. Having the team on board will help us scale our capabilities as we plan to bring new solutions to the market beyond the CO2 emissions sector.” Tim Armstrong, vice president, automotive planning solutions at IHS Markit.

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