Leading private equity firm Montagu has announced an agreement to acquire Maritime Intelligence, commonly known as Lloyd's List Intelligence, from Informa Plc.
MONTAGU, a private equity firm, has announced a deal to acquire Lloyd's List Intelligence from parent company Informa.
Lloyd's List Intelligence is a leading provider of maritime data, insight and intelligence, widely used across the shipping ecosystem, extending to the finance, legal, academic, insurance, and government sectors. Its market-leading products provide reliable, high-quality data and actionable analytics, which help professionals make informed decisions on compliance, risk management and operations.
The business consists of maritime data and analytics, legal reference sources and insight services, including Lloyd's List, the industry-leading source for global shipping news, analysis and insight with origins stretching back to 1734.
Commenting on the acquisition, Maritime Intelligence chief executive Michael Dell said: “We are delighted to join Montagu and the suite of knowledge-led and tech-enabled businesses in their portfolio. Partnering with Montagu supports our continued delivery of innovative maritime analytics for customers, and we are confident of a bright and prosperous future under their leadership.”
Commenting for Montagu, director Edward Shuckburgh said: “Maritime Intelligence is a unique business with a historic legacy and reputation hard-won over hundreds of years. It is complementary to our portfolio of data and analytics investee companies with strong current growth and revenue acceleration potential. We are pleased to welcome the business to the Montagu family.”
The Montagu portfolio includes global aerospace and defence information service,
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Source: Lloyd's List
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