M&A Deal Summary

S&P Global Acquires Platts

On January 1, 1953, S&P Global acquired information services company Platts

Acquisition Highlights
  • This is S&P Global’s 1st transaction in the Information Services sector.
  • This is S&P Global’s 1st transaction in the United States.
  • This is S&P Global’s 1st transaction in New York.

M&A Deal Summary
Date 1953-01-01
Target Platts
Sector Information Services
Buyer(s) S&P Global
Deal Type Add-on Acquisition

Target

Platts

New York, New York, United States
Platts is a provider of energy, petrochemicals, metals and agriculture information, and a premier source of benchmark price assessments for those commodity markets. Since 1909, Platts has provided information and insights that help customers make trading and business decisions and enable the markets to perform with greater transparency and efficiency.

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Buyer(S) 1

Buyer

S&P Global

New York, New York, United States
Category Company
Founded 1860
Sector Information Services
Employees40,450
Revenue 12.5B USD (2023)
DESCRIPTION

S&P Global is a financial intelligence company providing the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics. McGraw Hill's iconic brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. S&P Global was founded in 1860 and is based in New York City.

DEAL STATS #
Overall 1 of 17
Sector (Information Services) 1 of 6
Type (Add-on Acquisition) 1 of 13
State (New York) 1 of 6
Country (United States) 1 of 14
Year (1953) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-25 Appleton & Lange

United States

Appleton & Lange, Inc., is a strong force in medical publishing. The Lange Series of basic medical science books, the Current Medical Diagnosis & Treatment series, and the First Aid series of review books are well-known and trusted brands in the medical marketplace. Appleton & Lange also has an extensive line of clinical reference products in obstetrics, internal medicine, pharmacology and other subjects.

Buy $46M
Mergr

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