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.