Private equity groups are circling the owner of Mergermarket

Some of the largest US and European private equity groups are circling the owner of Mergermarket, the financial information service that has been put up for sale after being valued at more than £1 billion. Hellman & Friedman and Advent International in the US and Apax Partners and EQT in Europe have expressed interest in Acuris, a subscription-based financial information group… The company, which operates Mergermarket and Debtwire news and data services, was put up for auction by its current private equity owner BC Partners… Rivals to Acuris have also expressed interest in the company, which is known for its coverage of debt market news and mergers and acquisitions… Bought by BC Partners for £382 million just over five years ago from Pearson, the former owner of the Financial Times, Acuris now employs more than 1,300 people and has offices in about 70 locations across US, Europe, Asia and the Middle East… A potential sale of the company, which was founded in 2000, would be the latest large buyout of a subscription-based data company. Last year, Blackstone, the New York-based buyout firm, bought a majority stake in Thomson Reuters’ financial and risk unit in a deal worth about $20 billion — the largest private equity transaction in more than a decade.
Javier Espinoza