Carlyle Group To Acquire Dealogic For About $700 Mln

(RTTNews) - Carlyle Group (CG) and coinvestors have agreed to acquire Dealogic, a global provider of data and analytics, market intelligence and capital markets software solutions for financial institutions, and two related joint ventures, for an aggregate consideration of approximately $700 million from company management and founders, who will re-invest equity into the transaction.

Carlyle said it is partnering with strategic coinvestors Randall Winn, co-founder and former CEO of Capital IQ, and Euromoney Institutional Investor PLC. The acquisition is subject to customary regulatory approvals and is expected to close by the end of 2014.

Carlyle's equity for the transaction will come from Carlyle Partners VI, a $13 billion U.S. Buyout fund.