Accuris

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Accuris
Company typePrivate
IndustryInformation services
Headquarters
Denver, Colorado
,
United States
OwnerKKR & Co.
Websiteaccuristech.com

Accuris is an information services provider.

History

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IHS

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Information Handling Services (IHS)[1] "was founded in 1959 as Information Handling Services to provide information for aerospace engineers through microfilm databases".[2]

It subsequently grew to incorporate other companies in the information services sector such as Cambridge Energy Research Associates, Global Insight, Jane's Information Group, Prime Publications Limited, and John S. Herold, Inc.[3]

In 2008, IHS acquired Fairplay, a firm that assigns IMO identification numbers for ships, companies and registered owners.[4]

In 2016, Englewood, Colorado-based IHS and London-based Markit merged.[5][6] Jerre Stead was chief executive of the pre-merger IHS Inc. from 2006 to 2013 and from 2015 until the merger with Markit.[2]

Markit

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Markit was founded in 2003 as Mark-it Partners, a financial data provider for daily credit default swap pricing.[7][8][9] The company grew via joint ventures and by acquiring other companies,[10][11][12][13] merging with IHS in 2016.[14][15]

S&P Global

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On 30 November 2020, S&P Global and IHS Markit released information about a definitive all-stock deal[clarification needed] for around $44 billion, a deal which would be the largest of the year globally, according to Dealogic data.[16][17] On September 9, 2021, GlobalData announced its purchase of the Pricing and Reimbursement dataset from IHS Markit.[18] In December 2021, the IHS Markit announced its intention to sell Base Chemicals to News Corp for a reported $295 million as part of an effort to alleviate concerns about competitive effects.[19] The purchase by S&P Global was finalized on 28 February 2022.[20][21]

[22]

IHS Markit acquisitions

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  • 10 October 1996: IHS Group purchased oil exploration company Petroconsultants following the death of its founder and president Harry Wassall in November 1995.[23][24] This acquisition was later followed in January 1998 by the IHS Group acquiring the North American oil exploration company Petroleum Information / Dwights LLC.[23]
  • 18 September 2008: IHS Inc. agreed to purchase the economics forecasting organization Global Insight for $200 million.[25][26]
  • 10 June 2013: R.L. Polk & Company, a provider of auto-industry data including used-car history company Carfax, for $1.4 billion.[27]
  • 26 September 2017: automotiveMastermind Inc., a provider of predictive analytics and marketing automation for the automotive industry.[28]
  • 26 September 2017: Macroeconomic Advisers, an independent research firm forecasting the US economy.[29]
  • 3 August 2018: Ipreo, software solutions and data provider in global capital markets.[30][31]
  • 10 October 2019: Novation Analytics, a specialist provider of software solutions, data analysis and advisory services.[32][33]
  • 2019: Acquired Informa's Agriculture Intelligence in exchange for most of IHS Markit's Technology, Media and Telecoms division (including Screen Digest).[34]
  • 1 May 2020: Catena Technologies Pte Ltd, a global regulatory trade reporting firm based in Singapore.

Accuris

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In 2023, S&P Global announced that it sold its engineering division to KKR & Co. The business was renamed Accuris.[35]

References

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  35. ^ https://investor.spglobal.com/news-releases/news-details/2023/SP-Global-Completes-Sale-of-Engineering-Solutions-Business/default.aspx [bare URL]
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  • Official website

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