Tuesday, November 5, 2024
spot_img

Merger & Acquisition Digest

A roundup of this week’s mergers and acquisitions in B2B…

***

Thomson Reuters has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a leading global Know Your Customer (“KYC”) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (“DTCC”), Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, BNY Mellon, and State Street, among others. Avox is a leading supplier of legal entity data, hierarchies and identifiers on financial entities globally, owned by the DTCC.

The Clarient and Avox acquisitions represent another step forward by Thomson Reuters, who brought the first KYC managed service to market three years ago (Org ID) and today serves 23 leading financial institutions worldwide with over 200,000 KYC records published to date, consistently on-boarding or refreshing over 2,000 clients per month and helping customers accelerate client on-boarding, comply with regulation, reduce costs and improve client experience. These businesses will be integrated into Thomson Reuters portfolio of risk management, compliance and reference data offerings.

***

Salient CRGT, Inc., a leading provider of agile software development, data analytics, mobility, cyber security, and infrastructure solutions, announced that it has signed a definitive agreement for the acquisition of Information Innovators, Inc., a technology and mission-focused company serving the federal government, with particular strength in the healthcare information technology arena. The agreement is expected to close within the first quarter of 2017.

***

AMETEK, Inc. announced that it has completed the acquisition of Rauland-Borg Corporation, a leading global provider of mission critical communication solutions for hospitals, healthcare systems and educational facilities. Rauland-Borg was acquired for $340 million, plus a potential contingent payment of $30 million tied to the achievement of certain milestones. The company has annual revenues of approximately $160 million.

 

Featured

5 Experts To Help You Navigate Divorce

Image credit No one wants to think that their marriage...

Understanding The Depths Of Customer Engagement

You know the drill: find your target audience, and...

Unleashing the Power of AI in B2B Marketing: Strategies for 2023

The digital marketing landscape is evolving rapidly, with artificial...

How To Check if a Backlink is Indexed

Backlinks are an essential aspect of building a good...

How to Find Any Business Owner’s Name

Have you ever wondered how to find the owner...
B2BNN Newsdesk
B2BNN Newsdeskhttps://www.b2bnn.com
We marry disciplined research methodology and extensive field experience with a publishing network that spans globally in order to create a totally new type of publishing environment designed specifically for B2B sales people, marketers, technologists and entrepreneurs.