Advised Trucost Plc, a leading provider of environmental data to investors, companies and governments, in the sale of a controlling stake to S&P Dow Jones Indices, one of the world's leading index providers.
Goldenhill advises Trucost in its sale to S&P Dow Jones Indices
Trucost is a leading provider of environmental data to investors, companies and governments
October 4, 2016 – Goldenhill International M&A Advisors today announced that it acted as M&A advisor to Trucost Plc (“Trucost”) in the sale of a controlling stake in the company to S&P Dow Jones Indices (‘S&P DJI’) through its subsidiary S&P Global Indices UK Limited.
Trucost’s data and insight enables its clients to identify natural capital dependency across companies, products, supply chains and investments; manage risk from volatile commodity prices and increasing environmental costs; and ultimately build more sustainable business models and brands. Trucost is an international business with 73 staff, headquarters in the UK and offices in USA, France, India and China.
Commenting on the sale, Dr Richard Mattison, Chief Executive Officer of Trucost, said: “Trucost has been a pioneer in providing investment grade carbon and environmental data to investors, companies and governments since 2000. By combining Trucost’s over 15 years of data and expertise with S&P Dow Jones Indices’ global reach and market leading services a powerful ESG platform is created, delivering insight to capital markets and companies. Never has it been more important to integrate ESG data into decision making and our analytical capabilities will allow investors, business leaders and policy makers build a more sustainable global economy.”
Commenting on the contribution of Goldenhill to the just completed transaction, Mike Thomas, Chairman of Trucost said, “We worked very closely with Goldenhill in the sale of Trucost Plc. We chose Goldenhill both because of their experience in the data and technology sector and because of their transatlantic presence. They examined the market thoroughly for us to identify good potential buyers globally, and guided and supported us through the sale process culminating in a very successful sale to a strong strategic buyer who will provide an excellent home for the business.”
About Goldenhill International M&A Advisors
With offices in London, San Diego and Buenos Aires, Goldenhill’s business is to advise our clients in M&A engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, U.S., Continental Europe, Latin America, Canada, Australia and South Africa. We have extensive experience and a specific emphasis in financial technology (Fintech) and mobile technology. The majority of our engagements result in cross-border transactions.
October 4, 2016