M&A
confidence high
sentiment neutral
materiality 0.75
Verisk completes sale of 3E business to New Mountain for up to $950M
Verisk Analytics, Inc.
- Closing cash consideration of $630M, subject to customary adjustments.
- Up to $50M in earnout payments based on 3E's 2023-2024 performance.
- Up to $270M in deferred payments contingent on New Mountain's future return.
- Transaction closed on March 11, 2022; buyer is entity controlled by New Mountain Capital.
- Verisk retains no ownership stake in 3E after the sale.