Acquisition2025-10-15confirmed

S&P Global × With Intelligence

S&P Global announced an agreement to acquire With Intelligence, a major provider of data and analytics on private markets, from a group led by private equity firm Motive Partners. [37] The deal significantly expands S&P Global's data coverage in the alternative assets space, a key strategic priority for the company. [37] With Intelligence was projected to generate around $130 million in revenue in 2025. [36]

Price paid
$1.8B
asset price, paid once
Losing bid
Per unit
600000.0000
$ / clients

The asset

A leading source of private markets data, insights, and analytics covering private equity, private credit, hedge funds, real estate, and infrastructure. [36, 37]

  • 3k clients

The record

Seller status
Going concern
Sector
Private markets data provider
Modalities
text, data feeds, benchmarks
Jurisdiction
US

What it means if you hold data

This acquisition marks a major consolidation in the financial data industry, demonstrating the high value placed on proprietary data covering the opaque private markets. It strengthens S&P Global's position as a comprehensive intelligence provider as alternative assets grow in importance for institutional investors. [36, 37]

Sources