M&A Deal Summary

IHS Acquires CARPROOF

On December 28, 2015, IHS acquired information services company CARPROOF from Hellman & Friedman for 650M CAD

Acquisition Highlights
  • This is IHS’s 15th transaction in the Information Services sector.
  • This is IHS’s 4th largest (disclosed) transaction.
  • This is IHS’s 6th transaction in Canada.
  • This is IHS’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2015-12-28
Target CARPROOF
Sector Information Services
Buyer(s) IHS
Sellers(s) Hellman & Friedman
Deal Type Add-on Acquisition
Deal Value 650M CAD

Target

CARPROOF

London, Ontario, Canada
CARPROOF Corp. is a provider of automotive vehicle history reports to dealers, auto auctions, original equipment manufacturers, lenders, insurers, governments, law enforcement agencies and consumers.

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Buyer(S) 1

Buyer

IHS

Englewood, Colorado, United States
Category Company
Founded 1959
Sector Information Technology
Employees9,000
Revenue 2.2B USD (2015)
DESCRIPTION

IHS is a source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments rely on the content, expert independent analysis and flexible delivery methods of IHS to make decisions and develop strategies with speed and confidence. IHS was established in 1959 and is headquartered in Englewood, Colorado.

DEAL STATS #
Overall 53 of 54
Sector (Information Services) 15 of 15
Type (Add-on Acquisition) 49 of 49
State (Ontario) 2 of 2
Country (Canada) 6 of 6
Year (2015) 3 of 3
Size (of disclosed) 4 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 RootMetrics

Bellevue, Washington, United States

RootMetrics is an independent mobile networks analytics firm that offers insights into the mobile user experience. It uses a proprietary measurement methodology and sophisticated algorithms to develop network analytics that is made available to its customers – mobile operators and infrastructure providers in the U.S. and U.K. – on a subscription basis, with topline information available free to consumers to make more informed mobile decisions. RootMetrics was formed in 2008 and is based in Bellevue, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 OPIS

Rockville, Maryland, United States

OPIS is a provider of oil industry pricing, news, analysis, and software. OPIS also provides edge software solutions for petroleum marketers looking to automate price collection, data storage, and repricing of dealer and commercial accounts. OPIS was founded in 1977 and is headquartered in Rockville, Maryland.

Buy $650M

Seller(S) 1

SELLER

Hellman & Friedman

San Francisco, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Hellman & Friedman (H&F) is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.

DEAL STATS #
Overall 43 of 59
Sector (Information Services) 3 of 4
Type (Add-on Acquisition) 10 of 13
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 5 of 5
Size (of disclosed) 17 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 TeamSystem

Pesaro, Italy

TeamSystem is a provider of accounting, payroll, and business management software for accountants and small and medium-sized enterprises. TeamSystem offers a broad range of mission-critical, on-premise and cloud solutions to a diversified base of its customers. TeamSystem was founded in 1979 and is based in Pesaro, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-05 MultiPlan

New York, New York, United States

MultiPlan is a provider of technology-enabled healthcare cost management solutions. MultiPlan provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. MultiPlan was founded in 1980 and is based in New York City.

Buy -
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