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Veritas Capital completed the acquisition of Wood Mackenzie from Verisk Analytics for $3.1bn.

Synopsis

Veritas Capital, a New York-based private equity firm, completed the acquisition of Wood Mackenzie, a global research and consultancy group, from Verisk Analytics, an American multinational data analytics and risk assessment firm, for $3.1bn. “We are pleased to announce this transaction, which both represents value creation for our shareholders and will allow us to focus on businesses more closely aligned with our strategy, distinctives, and global ambitions. We are glad to have found strong ownership for our healthcare services business. The sale will enhance our focus on proprietary data analytics in our key vertical markets," Scott Stephenson, Verisk Analytics Chairman, President and CEO.

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