Verisk Analytics Inc. has agreed to acquire British
analytics firm timber Mackenzie for more than €1.8 billion ($1.937 billion),
according to a supply familiar with the problem.
timber Mackenzie, a private research consultancy owned by
buyout company Hellman & Friedman LLC, is centered on collecting and
studying statistics about the electricity enterprise, and will extend Jersey
city, New Jersey-primarily based Verisk’s services. Verisk is thought mainly
for providing threat assessment information to the coverage industry.
The deal might be introduced as early as Tuesday, the source
stated, no longer trying to be named because the agreement has not been
formally announced.
Representatives for wooden Mackenzie, Verisk and Hellman
& Friedman could not without delay be reached for comment.
Hellman & Friedman offered Edinburgh, Scotland-based
timber Mackenzie in 2012. based in 1844, wood Mackenzie has nearly 800
worldwide strength clients and competes with power market facts issuer IHS.
Sky news’ Mark Kleinman reported on the sale of wooden
Mackenzie to Verisk in advance on Monday.
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