Tech Company M&A Transactions
Argus Information and Advisory Acquisition
Argus Information and Advisory, based in White Plains, was acquired by Verisk Analytics. The transaction price was $425 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/10/2012
Transaction Type
M&A
Amount
$425,000,000
M&A Terms
As part of the transaction, Verisk expects to realize approximately $45 million in present value of tax benefits. Verisk expects to use cash on hand and available capacity under its revolving credit facility to fund the purchase.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
50 Main St. 1175
White Plains, NY 10606
USA
White Plains, NY 10606
USA
Phone
Website
Email Address
Overview
Our products and services assist financial institutions in making marketing and risk management decisions. We help these institutions manage the tradeoffs among price, product, risk, and customer behavior along the customer lifecycle to increase profitability.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Leonard Laufer
Chief Operating Officer
Nana Banerjee
President
Michael Heller
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Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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