Veritas Capital completes acquisition of Wood Mackenzie

Feb. 2, 2023
Veritas Capital, an investor at the intersection of technology and government, has completed the purchase of Wood Mackenzie from Verisk.

Offshore staff

NEW YORK & LONDON  Veritas Capital, an investor at the intersection of technology and government, has completed the purchase of Wood Mackenzie from Verisk.

Wood Mackenzie provides data, analytics and insights used to power the energy, renewables and natural resources industry.

The acquired company will be led by Mark Brinin, who has been promoted from co-president to CEO. Joe Levesque has been appointed president and COO.

In October 2022 an affiliate of Veritas Capital announced it agreed to acquire Wood Mackenzie from Verisk. At the time, the companies said the transaction could total $3.3 billion, with most of the sum payable on completion of the deal.

Morgan Stanley acted as financial advisers, and Davis Polk & Wardwell LLP served as legal counsel to Verisk in connection with the transaction. Gibson, Dunn & Crutcher LLP served as legal counsel to Veritas.

02.02.2023

Related

Photo 53488646 © Flyingrussian | Dreamstime.com
Offshore Woodmac
Photo 29115315 © Denis7563 | Dreamstime.com
North Sea Oil And Gas
Photo 136589147 © Chalirmpoj Pimpisarn | Dreamstime.com
Analytics

Courtesy Altera Infrastructure Holdings
Altera Infrastructure Holdings has agreed to sell its membership interests in Altera Shuttle Tankers
ID 326457873 © Arsenii Palivoda | Dreamstime.com
offshore wind
Photo 45185193 © Rawpixelimages | Dreamstime.com
Business Briefs