M&A Deal Summary

Fastmarkets Acquires Hardwood Market Report

On July 28, 2023, Fastmarkets acquired information services company Hardwood Market Report

Acquisition Highlights
  • This is Fastmarkets’ 2nd transaction in the Information Services sector.
  • This is Fastmarkets’ 2nd transaction in the United States.
  • This is Fastmarkets’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2023-07-28
Target Hardwood Market Report
Sector Information Services
Buyer(s) Fastmarkets
Deal Type Add-on Acquisition

Target

Hardwood Market Report

Memphis, Tennessee, United States
Hardwood Market Report provides hardwood lumber price assessments and market data, including coverage of more than 400 prices for North American hardwood lumber, oak strip flooring, industrial timbers (pallets, rail ties) and selective tropical hardwoods. Hardwood Market Report is based in Memphis, Tennessee.

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Buyer(S) 1

Buyer

Fastmarkets

London, United Kingdom
Category Company
Founded 1882
Sector Information Services
Employees500
DESCRIPTION

Fastmarkets is a provider of real-time metals market information. Fastmarkets is used by non-ferrous and precious metals traders and risk managers every day as an important workflow tool. Through its online platform, it provides over 120 proprietary price assessments, combined with exchange data including futures prices from the world’s largest commodity exchanges such as the LME and the CME. It provides coverage of non-ferrous physical premiums plus supporting treasury data supported by market commentary including webcasts directly from the LME floor. Fastmarkets’ respected service also delivers daily technical and fundamental reports to its users. Fastmarkets was founded in 1882 and is based in London, United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Information Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Tennessee) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-06 Palm Oil Analytics

Singapore, Singapore

Palm Oil Analytics is a provider of prices, data and news on palm oil and its derivative products. Palm Oil Analytics was founded in 2015 and is based in Singapore City.

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