Electra Partners acquires UBM plc’s Data Services businesses

ubm-logoElectra Partners is pleased to announce that, following successful regulatory approval, it has acquired the majority of UBM plc’s Data Services businesses.

To date, Electra Private Equity PLC and the Electra Partners Club 2007 have invested £91.5 million and £11.8 million respectively. Electra Private Equity PLC and the Electra Partners Club 2007 have agreed to invest up to a further £7.5 million and £1.2 million respectively to acquire further Data Services businesses from UBM – should this take place Electra Private Equity PLC’s investment would total £99 million. This is lower than the £114 million offer announced in February 2013 as it reflects a £15 million investment by a third party co-investor.

The Data Services businesses provide data and information products which professionals use to support their decision-making and day-to-day business activities. Operating in 28 countries worldwide, the businesses serve a wide range of sectors including healthcare, technology & IP, global trade, aviation and forest products.

The Electra Partners deal team for this transaction included Alex Fortescue, Alex Cooper-Evans, Sarah Williams and Tom Stenhouse.

This investment follows a busy start to 2013 for Electra Partners in which it announced a £56 million investment in a portfolio of five secondary private equity funds in February, and the realisation of its investment in esure, which generated a 3x return, in March.