B2B information services provider Euromoney Institutional Investor has acquired US-based people intelligence specialist Boardroom Insiders for $25m in cash.With locations in Fort Mill, SC and San Francisco, Boardroom Insiders offers access to a flagship BI Signature database comprising the profiles of more than 30,000 executives and decision makers. It also offers BI PRO, which includes all the features of BI Signature plus in-depth analysis of executive priorities, interests and more across groups of executives or accounts. For the year to 31st December 2021, Boardroom Insiders generated sales of $4.8m and adjusted EBITDA of $0.7m.
The firm will now be integrated into Euromoney's People Intelligence business, and its data combined with the latter's BoardEx and RelSci databases. Euromoney CEO People Intelligence James Lavell (pictured) comments: 'We have built our People Intelligence business through both organic investment and acquisitions since 2018 and are now a market leader in people and wealth intelligence. Boardroom Insiders is another highly complementary and exciting addition. It brings a sophisticated research capability and access to new markets and customer groups, in addition to greater scale'.
Web sites: www.euromoneyplc.com and www.boardroominsiders.com .
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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