Verisk Analytics Acquires Argus Information and Advisory for $425,000,000

  • Feed Type
  • Date
    8/10/2012
  • Company Name
    Argus Information and Advisory
  • Mailing Address
    50 Main Street White Plains, NY 10606
  • Company Description
    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.
  • Website
    http://www.argusinformation.com
  • Transaction Type
    M&A
  • Transaction Amount
    $425,000,000
  • Transaction Round
  • Proceeds Purposes
  • 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.

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