S&P Global Bolsters Private Markets Reach with $1.8 Billion Acquisition of With Intelligence
S&P Global has struck a definitive deal to acquire With Intelligence, a leading markets data and analytics firm specializing in alternative assets, for a staggering $1.8 billion. This strategic move underscores S&P Global's aggressive push to significantly expand its data coverage and deepen its analytical capabilities, particularly across the rapidly growing private markets landscape.
The acquisition is a clear signal of S&P Global's intent to capture a larger share of the market intelligence sector for private capital. With Intelligence is renowned for providing critical data, insights, and analysis on private equity, hedge funds, real estate, and private debt. Its offerings include comprehensive fund performance data, investor profiles, fundraising intelligence, and detailed analytics that are crucial for asset managers, institutional investors, and service providers navigating the opaque world of private markets.
For S&P Global, a behemoth in financial information and analytics, this isn't just about adding another data set. It's about filling a critical gap and enhancing its existing ecosystem of market intelligence. As institutional investors increasingly allocate capital to alternative assets in search of higher returns and diversification, the demand for granular, reliable data on these private vehicles has skyrocketed. Traditional public market data providers, while robust, often lack the specialized insights required for private equity and venture capital deal flow, fund performance benchmarking, and limited partner (LP) intelligence.
The integration of With Intelligence's specialized data with S&P Global's broader platforms, like Capital IQ Pro and Market Intelligence, promises to create powerful synergies. Imagine a scenario where a client can seamlessly cross-reference public company fundamentals with private equity ownership stakes, track fundraising trends in real-time, and analyze the performance of various alternative strategies all within a single, unified interface. It's a compelling proposition that could significantly enhance decision-making for a wide array of financial professionals.
What's more, this acquisition positions S&P Global to better serve a client base that is hungry for actionable intelligence. The private markets, once the domain of a select few, have become central to global finance. Pension funds, endowments, and sovereign wealth funds are committing billions to private equity, infrastructure, and real estate, making transparency and insight more valuable than ever. With Intelligence's expertise in mapping these complex ecosystems will be invaluable.
While the deal still awaits customary regulatory approvals, the message is clear: S&P Global is betting big on the future of private markets. The $1.8 billion price tag reflects not just the current value of With Intelligence's data and analytics, but also the immense growth potential in an asset class that continues to expand its global footprint. It's a strategic play that could redefine S&P Global's capabilities and competitive standing in the evolving landscape of financial data.
