S&P Global completes acquisition of Visible Alpha to enhance investment research capabilities
In a significant development within the financial technology sector, S&P Global (NYSE: SPGI) has announced the completion of its acquisition of Visible Alpha, a leading provider of consensus forecast estimates and in-depth investment analytics. This acquisition integrates Visible Alpha into the S&P Global Market Intelligence division, enhancing the S&P Capital IQ Pro platform with premium investment research capabilities.
Enhanced Investment Research and Analytics Offered
Visible Alpha is renowned for its comprehensive financial data, including key performance indicators and consensus forecast estimates derived from detailed sell-side analyst models. With the integration of these capabilities into the S&P Capital IQ Pro platform, S&P Global Market Intelligence is set to offer unparalleled research, estimates, and analytics services to its customers. According to Adam Kansler, President of S&P Global Market Intelligence, “The integration of Visible Alpha into S&P Capital IQ Pro demonstrates another transformative leap for our platform and reflects our combined commitment to providing customers with the highest quality investment research.”
Details of the Transaction and Legal Advisors
The acquisition, which was first announced in February 2024, involved legal advisories from Skadden, Arps, Slate, Meagher & Flom LLP for S&P Global, and Morgan, Lewis & Bockius LLP alongside Jefferies LLC for Visible Alpha. Despite the scale of this transaction, it is not expected to have a material financial impact on S&P Global Market Intelligence or S&P Global as a whole.
Future Outlook
This acquisition marks a strategic expansion of S&P Global’s capabilities in the financial technology space. By integrating Visible Alpha’s extensive data and analytics, S&P Global not only enhances its product offerings but also solidifies its position as a leader in the market for investment research tools. The continued support from the consortium of investment banks that back Visible Alpha promises further depth and quality in the data provided, ensuring that S&P Capital IQ Pro remains at the forefront of investment research technology.
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