Quayle Munro is pleased to announce that it has advised Access Intelligence, a leading business to business information company and portfolio company of Veronis Suhler Stevenson, on the sale of its Chemical and Energy Product Portfolio to IHS Inc. Quayle Munro managed all aspects of the sale process for Veronis Suhler Stevenson.
Access Intelligence’s chemical and energy product portfolio is built around three main lines of business: subscription advisory services and reports, news analysis and information, and to a lesser extent events and consulting. Key products and services in the portfolio include: SRIC, Chemical Week, Conferences & Events, Harriman Chemsult and The Energy Daily. Their customers are found throughout the chemical industry, including senior executives and decision makers at producers, buyers distributers & suppliers, traders, logistics & shipping companies, banks & finance institutions, associations and government bodies.
These interconnected chemical and energy assets will extend the breadth of information available for current IHS customers and support the development of additional products and services for a broad range of industries along the supply chain.
Craig Muir, Managing Director, Quayle Munro said: “Access Intelligence’s chemical and energy assets will enhance the robustness of the current IHS offerings to the large chemicals sector and its key functional areas. Quayle Munro was delighted to use our extensive experience to help conclude this transaction and to extend our strong track-record in the data and analytics sector.”
Hal Greenberg, Partner, VSS Structured Capital Funds said: “Quayle Munro had excellent relationships with all the potential strategic buyers and handled the sale process flawlessly.”
Don Pazour, Access Intelligence President and Chief Executive Officer said: “Quayle Munro, with an excellent track record in the energy and chemical information businesses, made them a logical choice for the assignment. They grasped and clearly conveyed the value of the unique combination of 24/7 news and marketing Web business with the deep, high value data business that is SRIC.”
Financial details of the transaction were not disclosed.