S&P Global Announces Completion of Visible Alpha Acquisition

S&P Global (NYSE: SPGI) announced today the successful completion of its acquisition of Visible Alpha, a financial technology provider specializing in deep industry and segment consensus data. This acquisition enhances the fundamental investment research capabilities of S&P Global Market Intelligence’s Capital IQ Pro platform. Visible Alpha will now operate within the S&P Global Market Intelligence division.

“Visible Alpha and its innovative team are a tremendous complement to S&P Global’s culture and capabilities,” said Adam Kansler, President of S&P Global Market Intelligence. “The integration of Visible Alpha into S&P Capital IQ Pro signifies another transformative advancement for our platform and underscores our commitment to providing top-tier investment research, estimates, and analytics to our customers.”

Founded in 2015, Visible Alpha provides consensus forecast estimates, key performance indicators, and analytics derived from detailed sell-side analyst models. The data is distributed through various channels, including a web-based platform, APIs, and Feeds. Visible Alpha is supported by investment banks that contribute research and data to the platform, further enriching the combined offerings of Visible Alpha and S&P Capital IQ Pro.

S&P Global announced its agreement to acquire Visible Alpha in February 2024. The transaction is not expected to have a material financial impact on S&P Global Market Intelligence or S&P Global as a whole.

Skadden, Arps, Slate, Meagher & Flom LLP served as S&P Global’s legal advisor. Jefferies LLC acted as Visible Alpha’s exclusive financial advisor, with Morgan, Lewis & Bockius LLP serving as its legal advisor.

Forward-looking statements in this announcement are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially include:

  • The impact of the acquisition on S&P Global’s results of operations.
  • Challenges in integrating the acquired departments into the Company’s operations and retaining key employees.
  • Litigation risks, unexpected costs, and regulatory approval hurdles related to the acquisition.
  • The ability to realize anticipated benefits from the acquisition.
  • Global economic, financial, political, and regulatory conditions.
  • Market demand and conditions affecting debt, equity, commodities, energy, and automotive markets.
  • The Company’s ability to recover from disasters or business continuity issues.
  • The security of confidential information and data.
  • Competitive pressures and the success of new product developments.
  • Compliance with evolving regulatory environments.
  • Successful integration of acquisitions and dispositions.
  • Consolidation among customers, suppliers, or competitors.
  • Fluctuations in foreign currency exchange rates and tax or accounting requirements.

These factors are not exhaustive. S&P Global operates in a dynamic business environment where new risks emerge frequently. The Company advises readers not to place undue reliance on forward-looking statements, which are current as of their respective dates. The Company undertakes no obligation to update or revise any forward-looking statement unless required by law. Further information about the Company’s business and risks is available in S&P Global’s filings with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K, accessible at http://www.sec.gov.

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