EQT VI Acquires Company Information Experts Bureau van Dijk Electronic Publishing
- EQT VI to acquire Bureau van Dijk Electronic Publishing (“BvD” or the “Company”), a leading global publisher of private company information and corporate ownership structures
- Strategy is to support management in developing BvD's business further and accelerate growth, utilizing the competence of EQT’s Industrial Network and experience from other EQT investments within the TMT sector
- The acquisition of BvD marks EQT’s intensified commitment to investing in the Benelux region
EQT VI has entered into an agreement to acquire BvD from funds held by Charterhouse. BvD is a leading publisher of private company information and corporate ownership structures, and is known for products such as Orbis, Bankscope, Amadeus, Mint and Zephyr. The Company’s management team will continue to drive BvD’s future development and growth.
BvD was founded in 1991 and is headquartered in Amsterdam, the Netherlands. It has over 650 employees operating from 33 offices across Europe, the Americas and the Asia-Pacific region. BvD’s global database, Orbis, integrates data from over 100 sources and covers over 130 million companies, providing clients in the finance, corporate and public sectors with essential data to help them work more efficiently and to support better quality decision making.
“BvD has an unrivalled reputation in the sector and an impressive track record of double digit financial growth. The uniqueness of BvD’s global private company database provides a set of exciting opportunities for further development, including product extension. EQT aims to provide new insights based on experience from several other database and data services investments” says Kristiaan Nieuwenburg, Partner at EQT Partners, Investment Advisor to EQT VI.
Examples of EQT investments in database and data services companies (part of EQT's TMT sector activities) are Springer SBM (Dutch/German publisher of scientific, technical and medical journals and books), Sportradar (a supplier of live sports information and services) and StormGeo (software based decision support for weather sensitive operations at sea). EQT VI believes there is significant value creation potential for BvD by leveraging the experience from these investments.
Other than through Springer SBM, EQT is present in the Netherlands through Koole Tanktransport and NOVA Terminals, which are owned by the EQT Infrastructure funds. The acquisition of BvD marks EQT’s intensified commitment to investing in the Benelux region. Christian Sinding, Partner and Head of EQT Equity at Investment Advisor EQT Partners, comments: “EQT Partners established a Benelux team one year ago and it feels great to announce the next investment in the region. The BvD acquisition underlines EQT’s commitment to the Benelux markets, across investment strategies and funds.”
Closing of the transaction is expected in September 2014, subject to customary anti-trust approvals.
EQT VI was advised by Goldman Sachs International, Allen & Overy and Latham & Watkins.
Charterhouse was advised by HSBC and Ashurst.
Contacts:
Kristiaan Nieuwenburg, Partner at EQT Partners, Investment Advisor to EQT VI, +31 20 262 40 01
Johan Hähnel, EQT VI Spokesperson, +46 706 05 63 34
About EQT
EQT is the leading private equity group in Northern Europe, with portfolio companies in Northern and Eastern Europe, Asia and the US with total sales of more than EUR 25 billion and over 500,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
More information can be found on www.eqt.se
About Bureau van Dijk Electronic Publishing (BvD)
BvD is a leading publisher of private company information and corporate ownership structures, and is known for products including Orbis, Bankscope, Amadeus, Mint and Zephyr. Established in 1991, BvD now has over 650 employees operating from 33 offices across Europe, the Americas and the Asia-Pacific region. BvD's product range includes databases of company information and business intelligence, including M&A deals, for individual countries, regions and the world. Most of these databases are co-published with renowned information providers. BvD’s global database, Orbis, combines information from over 100 sources and covers over 130 million companies. In addition to its databases BvD provides vertical solutions via its range of Catalysts. These Catalysts help users harness the power of company intelligence to make better quality decisions and work more efficiently across a range of business functions. BvD serves a wide number of clients largely in the finance, corporate and public sectors.
More information can be found on www.bvdinfo.com