Blackstone, Goldman Sachs Unit to Acquire Ipreo Holdings
April 14 2014 - 9:49AM
Dow Jones News
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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