IRI Acquisition & Valuation

Springer Nature AG & Co KGaA is a research, educational, and professional publisher providing content to communities through a range of platforms, products, and services. It offers journals, books, platforms, databases & and solutions. The company includes three Segments: Research, Education, and Health. The company operates in the Americas, APAC, Germany, and Other EMEA regions. The majority of revenue is generated from the research segment in America.

NIQ Global Intelligence PLC is a world-wide consumer intelligence company positioned at the nexus of brands, retailers and consumers. It manages a comprehensive and integrated ecosystem: The NIQ Ecosystem, which combines proprietary data, technology, human intelligence, and a sophisticated software applications and analytics solutions. The company has three reporting segments: Americas; EMEA; and APAC. generate revenue from solutions in two product groupings: Intelligence and Activation. Intelligence solutions include sales of retail omnichannel measurement, consumer panel, eCommerce and other data. Activation solutions include sales of customized analytics research and predictive models to improve decisions around product innovation, pricing, marketing and supply chain.

CRISIL Ltd provides research and analytics solutions for clients of all sizes. It operates through segments of Ratings services, and Research, Analytics & Solutions. The Ratings services segment includes credit ratings for corporates, banks, bank loans, credit analysis services, grading services and global analytical services. The Research, Analytics and solutions segment which generates key revenue, includes global research and risk solutions, industry reports, customized research assignments, subscription to data services, independent equity research (IER), IPO gradings, training, credit ratings for small and medium enterprises, advisory services and a comprehensive range of risk management tools, analytics and solutions to financial institutions, banks and corporates in India.

Piramal Group is a Mumbai-based diversified conglomerate operating in pharmaceuticals via Piramal Pharma, financial services through Piramal Enterprises with ₹2 lakh crore AUM, glass packaging under Piramal Glass, and real estate development. Its healthcare information management arm ranks among the top 20 US providers serving Pfizer and Merck. The group employs 10,000 people globally with manufacturing sites in India, the US, and Europe.

Gartner Inc delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities. It delivers its products and services globally through three reportable segments - Business and Technology Insights, Conferences and Consulting. Insights equips executives and their teams from every Majority function, geography, industry and sector with actionable, objective insights, guidance and tools. Conferences provides executives and teams across an organization the opportunity to learn, share and network. and Consulting serves senior executives technology-driven strategic initiatives leveraging the power of Gartner's actionable, objective insight. The Majority revenue is derived from the Insights segment.

Ipsos SA is a France-based market research and data analytics company. It provides research services across areas such as advertising, media, technology, public affairs, and consumer markets, using surveys and data analysis to generate insights. The company operates globally, with Europe as a key revenue contributor.

Alida is a Vancouver-headquartered customer feedback platform enabling brands to collect and act on insights through surveys, communities, and experience management tools. Formerly Vision Critical, Alida serves clients including LinkedIn, BuzzFeed, and Red Bull across retail, finance, and media sectors. The CXM suite integrates AI analytics for real-time decision-making.

Clarivate Plc is a British-American information services and analytics company, headquartered in Philadelphia and London, that sells subscription data, analytics and workflow software to academia, government, intellectual property owners and life sciences companies. It formed in 2016 when Thomson Reuters sold its Intellectual Property and Science division to Onex and Baring Private Equity Asia, and it listed on the NYSE in 2019 through a merger with Churchill Capital Corp. Its products include Web of Science, ProQuest, Ex Libris, Derwent, CompuMark and Cortellis. It acquired CPA Global, an IP management software and services provider with about $575 million of revenue and 12,000 customers, in an all-stock deal valued at about $6.8 billion that closed in October 2020. For 2025 revenue was $2.46 billion, 88% of it recurring, with a net loss of $201.1 million and adjusted EBITDA of $1.00 billion. In 2026 it agreed to sell its Life Sciences & Healthcare segment to Altaris for $600 million, leaving Academia & Government and Intellectual Property as its two segments. Matti Shem Tov has been chief executive since August 2024.

Mu Sigma is a Bengaluru-headquartered data analytics provider serving Fortune 500 clients across airlines, pharmaceuticals, banking, consumer goods, retail, technology, and telecom sectors. The firm delivers marketing analytics including segmentation, RFM analysis, churn modeling, and mix optimization; risk analytics such as credit scoring, fraud detection, and loss ratio analysis; and supply chain analytics encompassing demand forecasting, inventory management, and logistics optimization. Founded in 2004, Mu Sigma maintains operations in India with a global client base.

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax’s credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders’ credit decisions. In addition, about 40% of the firm’s revenue comes from Workforce Solutions, which provides income verification and employer human resources services. Equifax generates about 25% of its revenue from outside the United States.

Wolters Kluwer is a global provider of professional information, software solutions, and services in health; tax and accounting; environmental, social, and governance; finance; compliance; and legal. More than 60% of revenue is generated in North America and around 30% is from Europe.

Morning Consult is a Washington, D.C.-headquartered decision intelligence firm specializing in high-frequency polling and predictive analytics. The company tracks daily shifts in public opinion, consumer sentiment, brand perception, and policy preferences using proprietary surveys conducted via mobile apps and online panels. Serving political campaigns, C-suite executives, and media organizations, Morning Consult delivers real-time dashboards and AI-powered forecasts on topics from elections to market trends since its founding in 2014.

Sutherland is a Rochester, New York-headquartered provider of customer experience and business process services. It delivers analytics-driven solutions for contact centers, back-office automation, and digital transformation using AI platforms. The firm supports banking, healthcare, and retail clients through delivery centers in India, the Philippines, and Eastern Europe.

YipitData is a New York-based market research firm that analyzes alternative data sources such as credit card transactions, web scraping, and app usage. It produces custom reports on market trends, consumer behavior, and industry shifts for financial institutions and analysts.

GWI is a London-headquartered audience research company that captures insights from 3 billion digital consumers across more than 50 markets through mobile-first surveys and panel partnerships. The platform equips brands, media firms, and agencies with data on consumer thoughts, feelings, behaviors, and needs. Trusted clients include Google, Microsoft, Spotify, Twitter, LinkedIn, Snap Inc., EA, BBC Studios, Sony Pictures Television, Red Bull, WPP, and Omnicom. Founded in 2009 as GlobalWebIndex, GWI delivers real-time access to expanding datasets via proprietary technology that processes vast survey volumes.

GLG (Gerson Lehrman Group) is an expert network and information services company headquartered in New York City. It matches clients that need specialist knowledge with freelance experts, including asset managers, investors, consultants, physicians, scientists, engineers, lawyers, current and former executives and former government officials, and charges clients for access to these consultations. Its clients include strategy consulting firms, hedge funds, private equity firms, professional services firms and non-profit organisations. GLG was founded in 1998 by Yale Law School graduates Mark Gerson and Thomas Lehrman as a publisher of industry guidebooks for institutional investors, and in 1999 it dropped publishing to sell subscriptions to its network of experts, expanding from investors to consultancies and life sciences, industrial and technology companies from 2006. As of 2021 it had more than 3,000 staff, over 1 million freelance experts, offices in 22 cities in 12 countries and revenue of about $650 million. The company has been backed by Silver Lake, Bessemer Venture Partners and SFW Capital Partners; it filed for an IPO in October 2021 but withdrew it in March 2022. Gemma Postlethwaite succeeded Paul Todd as chief executive in July 2023.

Experian is one of the leading credit bureaus in North America and the United Kingdom, providing the consumer information that is the basis for making lending decisions. The company also provides decision analytics, marketing data, and direct-to-consumer credit products and services. Roughly one quarter of the company's revenue is generated outside of North America and the United Kingdom, primarily in Latin America and Asia.

GlobalData PLC is a UK-based data analyzing and publishing company. The firm conducts industry analysis and research reports and also provides forecasts to help its clients make informed decisions. The company has spread across the Asia Pacific, EMEA, Latin and North America serving clients from the consumer, information communications technology, and healthcare markets. The Group operates within two segment, Data Analytics: Healthcare, and insights: Non-Healthcare. Company operates in Uk, Europe, USA, Asia Pacific, Middle East and North Africa, and Others. Majority of revenue is from USA.