M&A Deal Summary

SNL Financial Acquires Highline Data

On September 28, 2011, SNL Financial acquired information services company Highline Data from Summit Business Media Holding Co.

Acquisition Highlights
  • This is SNL Financial’s 1st transaction in the Information Services sector.
  • This is SNL Financial’s 5th transaction in the United States.
  • This is SNL Financial’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2011-09-28
Target Highline Data
Sector Information Services
Buyer(s) SNL Financial
Sellers(s) Summit Business Media Holding Co.
Deal Type Divestiture

Target

Highline Data

Cambridge, Massachusetts, United States
Highline Data LLC is an insurance financial information provider.

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Buyer(S) 1

Buyer

SNL Financial

Charlottesville, Virginia, United States

Category Company
Founded 1987
Sector Information Services
DESCRIPTION

SNL Financial is a provider of financial data and analytics services. The Company was formed in 1987 and is based in Charlottesville, Virginia.


DEAL STATS #
Overall 5 of 8
Sector: Information Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 5 of 8
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-04 Kagan Research

Charlottesville, Virginia, United States

Kagan Research is a provider of proprietary analysis on the media industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-19 Media Business MediaCensus

United States

MediaCensus comprises competitive business intelligence database. The database provides geographic subscriber estimates for the multichannel space.

Buy -

Seller(S) 1

SELLER

Summit Business Media Holding Co.

New York, New York, United States

Category Company
Sector Publishing
Employees400
DESCRIPTION

Summit Business Media Holding Co. is a B2B media and information company serving the insurance, financial services, legal and investment advisory markets. Summit publishes 16 magazines and 150 reference titles, operates 20 websites and hosts a dozen conferences.


DEAL STATS #
Overall 1 of 1
Sector: Information Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-14 Agent Media

Clearwater, Florida, United States

Agent Media Corp. is a provider of database, publishing and marketing solutions for Life, Health and Annuity segments of the insurance industry.

Buy -