M&A Deal Summary

Verisk Acquires Genscape

On August 26, 2019, Verisk acquired information services company Genscape from Daily Mail and General Trust for 364M USD

Acquisition Highlights
  • This is Verisk’s 5th transaction in the Information Services sector.
  • This is Verisk’s 4th largest (disclosed) transaction.
  • This is Verisk’s 16th transaction in the United States.
  • This is Verisk’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2019-08-26
Target Genscape
Sector Information Services
Buyer(s) Verisk
Sellers(s) Daily Mail and General Trust
Deal Type Divestiture
Deal Value 364M USD

Target

Genscape

Louisville, Kentucky, United States
Genscape, Inc. is a provider of energy information for commodity and financial markets. Genscape was founded in 1999 and is based in Louisville, Kentucky.

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Buyer(S) 1

Buyer

Verisk

Jersey City, New Jersey, United States
Category Company
Founded 1971
Sector Information Technology
Employees8,960
Revenue 2.8B USD (2020)
DESCRIPTION

Verisk is a source of information about risk.offer risk assessment services and decision analytics for professionals in many fields. property/casualty insurance, financial services, healthcare, government, human resources. Verisk was based in 1971 and is based in Jersey City, New Jersey.

DEAL STATS #
Overall 31 of 38
Sector (Information Services) 5 of 6
Type (Divestiture) 3 of 4
State (Kentucky) 1 of 1
Country (United States) 16 of 21
Year (2019) 2 of 3
Size (of disclosed) 4 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 SAP AG - Content as a Service

Germany

SAP AG - Content as a Service (CaaS) comprises environmental health and safety regulatory content (ERC) and environmental health and safety regulatory documentation (ERD) teams and data assets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-04 Flexible Architecture and Simplified Technology

Iselin, New Jersey, United States

Flexible Architecture and Simplified Technology LLC (FAST) is a provider of core software solutions including policy administration, new business, underwriting, distribution management and claims processing to the insurance industry.

Buy $194M

Seller(S) 1

SELLER

Daily Mail and General Trust

London, United Kingdom
Category Company
Founded 1896
Sector Media
Employees5,950
Revenue 885M GBP (2021)
DESCRIPTION

DMGT is an international group quoted on the London Stock Exchange with a portfolio of market-leading digital, information, media and events businesses. Daily Mail and General Trust was founded in 1896 and is based in London, the United Kingdom.

DEAL STATS #
Overall 9 of 11
Sector (Information Services) 2 of 2
Type (Divestiture) 9 of 10
State (Kentucky) 1 of 1
Country (United States) 6 of 7
Year (2019) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 Cazoo

London, United Kingdom

Cazoo is a provider and owns and fully reconditions all its cars before offering them for sale and delivering them free to customer’s doors in a convenient two-hour delivery slot. Every Cazoo car comes with a 7-day money-back guarantee, free comprehensive 90-day warranty, and roadside assistance. Buyers can purchase or finance one of the thousands of Cazoo cars entirely online as well as getting an instant offer for any part exchange. Cazoo was founded in 2018 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-29 i

United Kingdom

i (newspaper) provides national newspapers and website.

Buy £50M
Mergr

Product

Company

Legal