GS Goldman Sachs Group Inc

By Erin McCarthy 

Private-equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division will acquire Ipreo Holdings LLC, Ipreo said Monday.

Terms of the transaction weren't disclosed.

Ipreo provides market intelligence, data, and technology to participants in global capital markets. The data provider, which has more than 700 employees, has experienced strong revenue growth and also has moved beyond its Bigdough database with acquisitions of Debtdomain and Discovery data in 2013.

Ipreo said Blackstone and the Goldman Sachs division will acquire the business from affiliates of Kohlberg Kravis Roberts & Co. L.P., who will retain a minority ownership stake in the business.

Write to Erin McCarthy at erin.mccarthy@wsj.com

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