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New Deal


Announced

Completed

S&P Global completed the acquisition of the remaining 50% stake in Private Market Connect from Hamilton Lane.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Majority

Private Equity

Private

Information / Data Services

Single Bidder

data solutions provider

United States

Friendly

Completed

Synopsis

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S&P Global, a provider of credit ratings, benchmarks and analytics, completed the acquisition of the remaining 50% stake in Private Market Connect, a data solutions provider in private markets, from Hamilton Lane, an alternative investment management firm. Financial terms were not disclosed. "As a critical solutions provider to private market customers, we are committed to expanding our efforts to serve this market even better. This is an exciting milestone as our combined technology and expertise will further enable our clients to collect, validate, and share portfolio and fund-level data with their critical stakeholders. We look forward to welcoming our new colleagues from PMC and together enhancing our position in the market," Andrew Eisen, S&P Global Market Intelligence Head of Software Solutions.

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