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New Deal


Announced

Completed

Refinitiv completed the acquisition of The Red Flag Group.

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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Consumer Services: Other

Majority

consulting services

Acquisition

Completed

Single Bidder

Friendly

Cross Border

Hong Kong

Private

Synopsis

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Refinitiv, a global provider of financial markets data and infrastructure, completed the acquisition of The Red Flag Group, a company providing business consulting services on a contract or fee basis. Financial terms were not disclosed. “This is an exciting combination for customers of both companies as we will be bringing together the capabilities of two highly complementary businesses. The Red Flag Group’s strong corporate customer base and customer-facing technology complement our traditional strength in financial services, rich and diverse datasets and automation capabilities. I look forward to welcoming our new colleagues at The Red Flag Group to Refinitiv," Phil Cotter, Refinitiv Managing Director.

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