M&A Deal Summary

The Economist Group Acquires Canback & Company

On July 15, 2015, The Economist Group acquired information services company Canback & Company

Acquisition Highlights
  • This is The Economist Group’s 2nd transaction in the Information Services sector.
  • This is The Economist Group’s 4th transaction in the United States.
  • This is The Economist Group’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2015-07-15
Target Canback & Company
Sector Information Services
Buyer(s) The Economist Group
Deal Type Add-on Acquisition

Target

Canback & Company

Cambridge, Massachusetts, United States
Canback is a management consulting firm specialized in leveraging predictive analytics to generate insights for consumer-facing clients. It uses sophisticated analyses of market, consumer, and internal company data, to help clients draw reliable, fact-based conclusions about present and future opportunities. Canback works globally with multinational companies as well as with local firms in many sectors, including consumer goods, retail, cellular services, and financial services.

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Buyer(S) 1

Buyer

The Economist Group

London, United Kingdom

Category Company
Founded 1843
Sector Publishing
Employees1,400
Revenue 367M GBP (2018)
DESCRIPTION

The Economist Group is a global publishing and information services company that provides analysis on international business and world affairs. The Economist Group was formed in 1843 and is headquartered in London.


DEAL STATS #
Overall 5 of 6
Sector (Information Services) 2 of 2
Type (Add-on Acquisition) 5 of 6
State (Massachusetts) 1 of 1
Country (United States) 4 of 4
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-14 TVC Group

London, United Kingdom

TVC Group is a marketing communications agency, based in London, which specialises in a content-driven approach to public relations and creative services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-19 Signal Noise

London, United Kingdom

Signal Noise is a data design agency. The Company is about bringing data and information to life and prides itself on creating memorable user experiences. Signal Noise was formed in 2010 and is headquartered in London.

Buy -