Verisk Analytics, Inc.
VRSK, a leading source of information about risk, today
announced the acquisition of Maplecroft.Net Limited ("Maplecroft"), a
leading provider of global risk analytics and advisory services. Using a
proprietary data aggregation and analytical approach, Maplecroft enables
its customers to assess, monitor, and forecast a growing range of
worldwide risks, including geopolitical and societal risks, many down to
the local site level. Maplecroft's unique solutions are used by
multinational companies, financial institutions, governments, and NGOs.
Maplecroft is headquartered in Bath, England.
As part of the Verisk Analytics risk management and supply chain
solutions portfolio, Maplecroft will be known as "Verisk Maplecroft" and
will continue to deliver thorough analyses of geopolitical, societal,
human rights, economic, and environmental risks for nearly all countries
in the world.
"Maplecroft's research, data, analytics, and platforms complement our
world-class capability in natural catastrophe and extreme weather impact
assessment to form a comprehensive set of analytics. The combination
creates a solution set that will enable organizations to make informed
risk-adjusted decisions for their assets, operations, and supply chains,
" said Perry Rotella, group executive, Supply Chain Risk Analytics, and
senior vice president and chief information officer of Verisk Analytics.
"With this acquisition, Verisk establishes itself as a leading provider
of value chain optimization tools, providing comprehensive quantitative
risk analytics and platforms by which our customers can visualize,
quantify, mitigate, and manage their risk."
Professor Alyson Warhurst, founder and CEO of Maplecroft, said, "I am
delighted to hand the reins to Verisk to lead Maplecroft at this
exciting juncture. Verisk's expertise in supply chain and data analytics
will solidify Maplecroft's reputation as a leading provider of global
risk analytics and strategic forecasting to companies around the world.
As part of the Verisk Analytics Family of Companies, Maplecroft's
portfolio of country risk products and supply chain management tools
will expand in breadth and geographical reach." Dr. Warhurst will
transition into an advisory role.
The net purchase price is GBP 20.25 million. The transaction has closed
and is expected to be neutral to adjusted EPS in 2015. Maplecroft will
be reported within the Specialized category of Verisk's Decision
Analytics segment.
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