Permira to acquire a majority stake in Reorg from Warburg Pincus for £1.061bn.

Permira, the global private equity firm, agreed to acquire a majority stake in Reorg, a global provider of data, analytics and intelligence for the credit markets, from Warburg Pincus, a global private equity firm, headquartered in New York, for £1.061bn. "Through the hard work and innovation of Reorg’s global team, we’ve grown from distressed debt and bankruptcy expertise into covering all aspects of the global credit markets, while maintaining our standards of best-in-class coverage. I couldn’t be more appreciative of the Reorg team and the support of Warburg Pincus the last four years. We are relentless in solving our customers’ most pressing problems and, with the investment from Permira, will push forward in finding ever smarter solutions in the years ahead," Kent Collier, Reorg Founder and CEO.