Announced
Completed
Financials
Tags
Brazil
Cross Border
data management
Acquisition
Financial Data and Systems
Friendly
financial management
Private
Single Bidder
Majority
Completed
Synopsis
LexisNexis Risk Solutions, a provider of risk assessment and compliance solutions, completed the acquisition of a majority stake in Quod, a provider of financial and alternative data management, modeling and analysis solutions, for $80m. “LexisNexis Risk Solutions and Quod have worked together for the past six years and share a common mission to enable financial transparency and inclusion. This investment is further proof of our commitment to Brazil and this partnership will help Quod accelerate its market penetration, providing critical services to businesses and consumers," Rick Trainor, LexisNexis CEO.
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