S&P Global completes acquisition of With Intelligence
27 November 2025 US
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S&P Global has announced the completion of its acquisition of With Intelligence, a source of private markets data, insights, and analytics, for US$1.8 billion, from a group led by majority investor Motive Partners, a private investment firm focused exclusively on financial and tech-enabled business services companies
First announced in October, the deal expands S&P Global's capabilities across private markets by combining With Intelligence's proprietary data and workflow solutions with the acquirer’s expertise.
Martina Cheung, president and CEO of S&P Global, comments: “With Intelligence's deep expertise in alternative investments complements our existing capabilities, enabling S&P Global to help our customers make valuable decisions at every stage of the investment lifecycle.
“The completion of this acquisition represents a significant step forward in our strategy to provide essential intelligence for our customers as they navigate complexity in the rapidly expanding private markets landscape.”
First announced in October, the deal expands S&P Global's capabilities across private markets by combining With Intelligence's proprietary data and workflow solutions with the acquirer’s expertise.
Martina Cheung, president and CEO of S&P Global, comments: “With Intelligence's deep expertise in alternative investments complements our existing capabilities, enabling S&P Global to help our customers make valuable decisions at every stage of the investment lifecycle.
“The completion of this acquisition represents a significant step forward in our strategy to provide essential intelligence for our customers as they navigate complexity in the rapidly expanding private markets landscape.”
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