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New Deal


Announced

Completed

Euromoney Institutional Investor completed the acquisition of WealthEngine for $14m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Cross Border

Majority

Private

Completed

Friendly

software-as-a-service

Single Bidder

software development

Software

Synopsis

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Euromoney Institutional Investor, the global B2B information services provider of price discovery, essential market intelligence and events, completed the acquisition of WealthEngine, a SaaS platform providing data-driven intelligence and predictive analytics to wealth managers, luxury brands and not-for-profit organisations, for $14m. "The acquisition of WealthEngine is a great addition to the Group and supports our strategy by adding further scale to our 3.0 People Intelligence business. It brings leading technology, workflow solutions and must‐have data, which, when combined with Wealth-X and BoardEx, will enhance significantly the value we provide customers," James Lavell, Euromoney CEO.

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