M&A Deal Summary

Interactive Data Acquires S&P ComStock

On March 3, 2003, Interactive Data acquired information services company S&P ComStock from Standard & Poor s Financial Services for 115M USD

Acquisition Highlights
  • This is Interactive Data’s 1st transaction in the Information Services sector.
  • This is Interactive Data’s largest (disclosed) transaction.
  • This is Interactive Data’s 1st transaction in the United States.

M&A Deal Summary
Date 2003-03-03
Target S&P ComStock
Sector Information Services
Buyer(s) Interactive Data
Sellers(s) Standard & Poor s Financial Services
Deal Type Divestiture
Deal Value 115M USD

Target

S&P ComStock

United States
S&P ComStock, Inc., a market data in a variety of its products and services.

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Buyer(S) 1

Buyer

Interactive Data

Bedford, Massachusetts, United States
Category Company
Sector Information Services
Employees2,400
Revenue 757M USD (2013)
DESCRIPTION

Interactive Data Corporation is a provider of financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to the company's fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics,desktop solutions and web-based solutions. Interactive Data’s offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,400 employees in offices worldwide.

DEAL STATS #
Overall 1 of 3
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 3
Year (2003) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-16 FutureSource

Lombard,, Illinois, United States

FutureSource provides traders, brokers and risk managers with comprehensive futures, options and cash price data, news, and charting analysis tools through a series of networked, stand-alone, and Internet delivery platforms and software applications.

Buy $18M

Seller(S) 1

SELLER

Standard & Poor s Financial Services

New York, New York, United States
Category Company
Founded 1941
Sector Business Services
Employees10,000
Revenue 2.6B USD (2010)
DESCRIPTION

Standard & Poor's Financial Services LLC (S&P) is an American financial services company that publishes financial research and analysis on stocks and bonds. S&P is known for its stock market indices.

DEAL STATS #
Overall 1 of 2
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 CRISIL Limited

Mumbai, India

CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-08 S&P Global Market Intelligence

New York, New York, United States

S&P Capital IQ is a provider of multi-asset class data, research and analytics to institutional investors, investment advisors and wealth managers around the world.

Buy $200M
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