CapIQ acquires 100% stake in Private Market Connect

BVWire–UKIssue #42-1
September 6, 2022

SPGI, the parent company of CapIQ, bought the remaining half of Private Market Connect (PMC) last week. This source of market data was already included in the expensive CapIQ data set, so there should be little difference to business valuation experts who already subscribe to SPGI private market data.

PMC competes with other data sources from Refinitiv/LSEG and the Association for Corporate Growth (GF Data). It reports average transaction multiples for deals completed by PE firms and their investors. It is primarily used by these same general and/or limited partners as a pricing benchmark in this sector. The company uses a large staff in India to refine and improve the limited financial information available on PE firm websites and other sources such as Companies House.

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